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Prudential Financial · 1 day ago

Director, Operational Risk Management

Newark, NJ

Full-time

Onsite

Mid, Senior Level

$152K/yr - $206K/yr

5+ years exp

Prudential Financial is seeking a Director, Operational Risk Management to drive the 2nd line risk management strategy for Global Retirement & Insurance (GRI). The role involves developing and maintaining effective risk management approaches, providing risk support and advice, and being a trusted advisor on risk issues.

Asset ManagementFinanceFinancial ExchangesFinancial ServicesHealth CareInsuranceRetirement

Responsibilities

Providing risk support and advice to business, risk and control partners, including facilitating assessments of strategic initiatives/transactions and ensuring appropriate controls are implemented

Proactively partnering with Risk Management counterparts to identify enterprise-wide implications and effective methods to assess and improve control effectiveness

Being a trusted advisor on risk issues, ensuring risks are properly identified, assessed, monitored, controlled, and reported

Spearheading new and innovative uses of data and analytics to identify and mitigate risk

Monitoring key risk indicators and trends, driving initiatives that enhance control effectiveness and mitigate emerging risks

Supporting specific internal control efforts as needed based on changes in the risk landscape

Resolving challenging, sensitive, and/or urgent risk issues

Applying sound judgment in the evaluation of risks and controls, with effective challenge

Advising on the development and implementation of action plans to address control gaps

Assisting in the preparation of senior leader, governance and Board reporting

Qualification

Risk management strategyBusinessFinancial literacyDataRelationship managementInfluencing skillsControl effectivenessSound judgmentCommunicationAdaptabilityFlexibilityClear writing skillsIndependent work

Required

Bachelor's degree required

5-7+ years of relevant business, risk or control function experience

Business and financial literacy

Strong relationship management skills with the ability to partner in a cross-functional environment

Adaptability and flexibility to work well with a diverse portfolio of people, processes, and functions

Strong influencing skills

Ability to work independently and deliver high-quality outputs

Track record of success delivering results from the conceptual stage to implementation

Sound judgment in synthesizing and determining when to escalate risk issues

Excellent listening and communication skills

Clear and effective writing skills

Preferred

Familiarity with and understanding of financial risks, including credit, market, and insurance risk

Experience working in businesses outside the U.S

An advanced degree in business, finance, accounting, or related fields

Relevant professional certifications (e.g., CPA, CFA, etc.)

Benefits

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.

Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.

Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.

Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.

Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.

Company

Prudential Financial

Prudential Financial specializes in the fields of investment management, life insurance, and retirement benefits. It is a sub-organization of Prudential Financial.

Founded in 1875

Newark, New Jersey, USA

10001+ employees