Investment Senior VP, Portfolio Construction, Global Investment Strategy

Job Classification:

Investment Management - Investments

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions!

Global Investment Strategy (GIS) is a unit of the Chief Investment Office (CIO) organization that is responsible for the management of the $400 billion General Account, which includes the domestic and international insurance investment portfolios of Prudential Financial Inc and affiliates. The GIS team is responsible for relative value assessment, new investment opportunities, cross portfolio strategy, active portfolio risk management, ALM strategy and analytics as well as environmental, social and governance (ESG) strategies for the insurance portfolios.

We are seeking a dynamic and experienced Investment Senior Vice President (ISVP) to join our GIS team. This senior leadership role is pivotal in the development of the portfolio construction and surveillance of our General Account’s investment portfolio. The SVP will report directly to the Head of Global Investment Strategy.

The ISVP will recommend and guide the top-down construction and continuous monitoring of the General Account’s investment portfolios. This role involves close collaboration with leaders within the GIS team, General Account portfolio managers, asset managers, and risk management teams to ensure alignment with key portfolio objectives and adherence to our risk framework.

Additionally, the ISVP will lead the development of advanced, top-down portfolio construction strategies. The role includes managing concentration and correlation risks within the portfolio, helping set target sizes for individual issuers and sub-asset classes. The ISVP will also develop and enhance fixed income relative value frameworks for insurance company portfolios, encompassing a wide range of public and private asset classes. Furthermore, this role involves building and utilizing analytical tools and dashboards for effective reporting and communication of results.

The ideal candidate will be a market-oriented investment professional with a deep understanding of investment strategy, portfolio management, and risk management. They will have a proven track record in reviewing and constructing top-down portfolios. Extensive knowledge and experience in building fixed income relative value frameworks for insurance company portfolios is essential. The candidate should have expertise in managing concentration and correlation risks within investment portfolios. Strong analytical skills with the ability to develop and implement sophisticated reporting tools and dashboards are also required. Excellent communication and leadership skills to work effectively with cross-functional teams are crucial. We are looking for a seasoned professional who can bring strategic insight and robust leadership to our GIS team, ensuring the success and stability of our General Account’s investment strategies.

The expected work arrangement (EWA) for this position is Hybrid, requiring your on-site presence on a recurring basis as determined by your business needs. Your manager will provide additional details regarding the specific number of days you are expected to be on-site.

Other General Responsibilities include:
1. Executive Collaboration and Coordination:

• Coordinate and partner with other senior leaders within the Chief Investment Office (CIO), including US and international portfolio management teams, and corporate functions such as Enterprise Risk Management, Corporate Actuarial, Treasurer’s Department, External Affairs, and Finance.
• Support the CEO and executive team by providing high-level insights and addressing complex portfolio issues.

2. Team Leadership and Development:

• Lead, mentor, and develop a high-performing team of investment strategists and portfolio managers.
• Foster a culture of innovation, collaboration, and accountability within the investment strategy team.
• Promote professional development and succession planning to build a strong talent pipeline.

3. Stakeholder Engagement:

• Build and maintain strong relationships with key stakeholders, including suppliers, partners, customers, and regulatory bodies.
• Serve as a trusted advisor on investment matters to the CEO, board of directors, and other senior executives.

What you’ll need:
• 10-15+ years of investment and/or risk management experience is req