Job Classification:

Corporate - Risk

The Financial Markets Risk Management is responsible for Investment Risk, Market Risk, and Risk Appetite Framework (RAF) & Stress Testing. The Operational Risk Management (ORM) director supports the priorities of Prudential’s ORM Framework by helping ensure that informed decisions are made related to risks in proposed and existing processes.

We are seeking a Director, Operational Risk Management, to join our risk management team, to support the Chief Investment Office and ESG (Environmental, Social, and Governance). This role provides a tremendous opportunity to interact with senior management and partners across the company.

This position is responsible for providing in developing and maintaining an effective and efficient risk management program in accordance with the company's Operational Risk Management framework. This position requires resourcefulness, good judgment, persistence, the ability to influence others and strong leadership qualities.

What you'll do:

Provide 2nd line risk guidance and assistance to CIO and ESG functions in managing operational risks in accordance with the Company’s ORM framework. Viewed as trusted advisor regarding risk issues by business partners. This includes ensuring that operational risks are properly identified, assessed, monitored, controlled and reported. For example:

• Promote and build strong risk management culture in corporate functions through strong engagement and relationship building with senior management.
• Responsibilities include resolving challenging, sensitive, and/or urgent risk issues.
• Providing Operational Risk support and advice to business partners, including facilitating assessments of strategic initiatives and ensuring appropriate controls are implemented.
• Applies sound judgment in the evaluation of risks and controls. Effectively challenges adequacy of controls.
• Advises business groups/corporate functions on the development and implementation of action plans to address control gaps.
• Proactively partners with Risk Management counterparts to identify risk management processes with enterprise-wide implications and effective methods to evaluate control effectiveness.
• Assists senior leaders with preparation of materials for Operational Risk Committees.
• Coordinates among assigned Corporate functions to provide support, effective challenges, work with Internal Audit for engagements and AMC team to track resulting issues and action plans until effective closure

What you'll need:

• Superior relationship management skills with the ability to partner and build professional relationships in a cross-functional environment.
• Works independently and delivers high quality outputs.
• Proactive, driven professional with the ability to operate effectively from the conceptual stage through to successful implementation.
• Clear and effective writing skills.
• Risk management, audit experience or similar business control experience.
• Uses strong influencing skills to achieve objectives.
• Excellent listening and communication skills.
• Applies sound judgment in determining when to escalate risk issues.
• Adaptability and flexibility to work effectively with a diverse portfolio of people, processes, and functions.
• Business and financial literacy.

It would be great if you have:

• Relevant professional certifications (e.g., CPA, CFA, etc.)
• Familiarity with and understanding of financial risks, including credit, market, and insurance risk.

What we offer you:

Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $152,500.00 to $206,200.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

• Market competitive base salaries, with a yearly bonus potential at every level. 

• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave. 

• 401(k) plan with company match (up to 4%). 

• Company-funded pension plan.