Manager Operational Risk - PGIM Risk Management ( Newark, NJ - Hybrid)

Posted:
8/14/2024, 5:00:00 PM

Location(s):
Newark, New Jersey, United States ⋅ New Jersey, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Operations & Logistics

Workplace Type:
Hybrid

Job Classification:

Corporate - Risk

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.

We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! 

If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.

At PGIM, You Can!

What you will do

Reporting to the Vice President, Operational Risk Management of PGIM Executive Office, we are seeking a highly skilled and experienced ORM professional to join our dynamic PGIM Operational risk team.

The successful candidate will play a crucial role in supporting the PGIM affiliates and support functions by providing operational risk management advice and expertise.  The PGIM ORM team assists in the identification, communication and mitigation of risks in the businesses, monitors control issues and action plan status, and communicates as appropriate with corporate counterparts. The PGIM ORM team also provides support to governance forums including the PGIM Risk Management Committee and Investment Committee.

This role is based in our office in Newark, NJ. Our organization follows a hybrid work structure where employees can work remotely and/ from the office, as needed, based on demands of specific tasks or personal work preferences. This position is hybrid and requires your on-site presence on a reoccurring weekly basis 3 days per week (Tuesday, Wednesday and Thursday)

What you can expect

The Manager of PGIM ORM will be responsible for assisting the PGIM VP of Risk Management with the following responsibilities, among others:

  • Support the roll-out of the Operational Risk Framework, including participating in risk assessment meetings and workshops with Senior Management in the support functions and businesses; documenting minutes of meetings, key risks and controls and following up on action plans

  • Work with the PGIM Chief Risk Officer and the Chair of the PGIM Investment Committee to establish agendas, meeting materials, execute the meetings and prepare minutes;

  • Assist in risk aggregation and reporting, including the preparation of risk dashboards, key risk indicators, incident and loss events collection, audit issues reporting, quarterly and annual risk reports;

  • Coordinate with the risk officers in the various business units to implement various PGIM and Enterprise Risk initiatives while recognizing the needs of each business unit across PGIM;

  • Collaborate closely with the various business units and support functions across PGIM to reinforce risk ownership and accountability and enhance visibility into PGIM affiliates.

What you will bring

  • The ideal candidate will be a risk professional in the asset management or financial services industry, with a minimum of 4 years of experience in consulting, auditing, or operational risk management. 

  • The successful candidate will have demonstrated an ability to grow within an organization, adapt and learn quickly and will be a results-oriented individual who can translate plans into actions, and with a strong moral compass. 

  • The candidate will possess a unique combination of skills including:

  • Product knowledge in the financial services industry,

  • Exposure to asset management activities,

  • Experience in operational risk management activities,

  • Experience within an operations, investment or control function is encouraged,

  • Excellent project management and multi-tasking skills,

  • Strong inter-personal skills and ability to work effectively in a team environment,

  • Superior oral and written communication skills

What will set you apart

  • Highly motivated and detail-oriented, with a strong commitment to accuracy and excellence.

  • Ability to work independently and as part of a team in a fast-paced, dynamic environment.

  • Strong problem-solving skills and the ability to think critically and creatively.

*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

What we offer you

  • Medical, dental, vision, life insurance, and PTO (Paid Time Off)

  • Retirement plans:

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

    • Company-funded pension plan

  • Wellness Programs to help you achieve your wellbeing goals, 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 health, and career development.

  • Tuition Assistance to help finance traditional college enrollment, approved degrees, many accredited certificate programs, and industry designations.

To find out more about our Total Reward package, visit Total Rewards Brochure

Note: 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 $115,000 to $135,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law. 

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at [email protected] for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email
[email protected].

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.

Prudential Financial

Website: http://www.prudential.com/

Headquarter Location: Newark, New Jersey, United States

Employee Count: 10001+

Year Founded: 1875

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Asset Management ⋅ Finance ⋅ Financial Exchanges ⋅ Financial Services ⋅ Insurance ⋅ Health Care ⋅ Retirement