VP, Operational Risk and Resilience – PGIM Risk and Enablement (Hybrid/ Newark, NJ) at Prudential Ins Co of America in Newark, New Jersey

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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

As VP- Operational Resilience, you will be part of the PGIM O&I Risk & Enablement team, where you will provide oversight of Business Resiliency programs for PGIM, domestically and internationally.

In this role you will be responsible for driving initiatives to reduce risk, monitor critical business services, improve resiliency, and adhere to local regulatory expectations. You will ensure that effective recovery plans are in place and in compliance with the firm’s overall resiliency strategies for effective continuity of operations in crisis events, to reduce resiliency risk and validate recovery strategies.

In this capacity you will work closely with the Risk and Enablement team leadership to set strategic direction, design, challenge, and implement business continuity plans for functions and people businesses across the PGIM.

This position is based 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. Working from the office is encouraged when working on tasks that require a high degree of collaboration.

What you can expect

• Act as a leader with vision to consider the external landscape and evolve business and operational resiliency management capabilities in areas such as Business Continuation, Disaster Recovery, and Incident Management.


• Partner with embedded risk teams in businesses and functions to ensure operational risks are appropriately identified, assessed, and mitigated. Ensure risk governance and reporting capabilities are driving visibility to support a well-thought-out decision-making process.


• Provide an independent assessment of business exposure resulting from resiliency risks and control gaps to assist the business in understanding, managing, and mitigating the right risks in line with business strategy and risk tolerances.


• Use data and expert judgement to inform the Business and Operational Resiliency framework. Ensure appropriate monitoring is in place to identify early warning signal sand drive proactive corrective actions.


• Provide objective reporting on resiliency risks (e.g., board, regulators). Develop a comprehensive enterprise level view of resiliency risks and impacts across businesses and functions, globally.


• Provide second line subject matter expert review and challenge (e.g., risk assessments, control testing) where appropriate, including evaluation of risk prioritization to ensure a clear and collective view of top risks.


• Analyze risk events and control gaps to ensure thematic trends are addressed to prevent recurrence and limit impact to the businesses.


• Identify emerging and thematic risk exposures and ensure they are appropriately assessed and actioned.


• Resolve complex issues and influence business outcomes through collaboration with other business groups and central functions.


• Maintain relationships and acts as a trusted advisor to senior business management.


• Maintains strong industry perspective with awareness of evolving risks and practices.


• Leads a small staff dedicated to the business. 

What you will bring

This position requires keen external focus, subject matter expertise, and avid learning given the rapid pace of resilience strategies globally. Resourcefulness, good judgement, persistence, the ability to influence others and strong executive presence are some of the qualities of a successful candidate. Candidates should have experience working with a diverse set of stakeholders across large, complex, global organizations.

• Bachelor’s degree or equivalent experience required.


• Minimum of 10-15 years of risk management Industry experience, financial services/insurance/investment management and/or experience in other highly regulated industries.


• Deep knowledge of risk management, business continuity management, and operational resilience principles and practices, as well as exceptional organizational skills.


• Must be highly collaborative, open-minded, and able to work with and influence others without having direct authority.


• Experience and desire to lead small teams as a player/coach.


• Comfortable with ambiguity, self-directed, and an agent and advocate for change.


• Excellent analytical and problem-solving skills.


• Possesses high level verbal and written communication and presentation skills.


• Ability to prioritize competing objectives, while maintaining attention to detail.


• Willingness to learn and ability to learn new skills and knowledge on an ongoing basis through self-initiative and tackling challenges.


• Relevant or related industry certifications a plus (BCRP, CBCI/CBCP, CRMP, CISSP, CRISC, CISM, etc.)


• Experience with third party risk management, cyber security, information security, and/or data governance a plus.

What will set you apart?

• Prior working experience in financial services industry, trading and/or asset management is preferred.


• The ideal candidate will be a natural leader with the ability to effectively manage multiple stakeholders, prioritize objectives, and drive significant change in a fast-paced, constantly evolving environment.

*We know not everyone will meet 100% of the requirements, however we encourage you to apply if you think your skills are a good fit for this role. 

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 reward package 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$180,000 to $210,000. 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. 

About PGIM Operations and Innovation Group (O&I)

PGIM Operations and Innovation drives digital transformation, modern data analytics, and operational excellence across PGIM in partnership with our business and corporate functions. We are aligned into seven verticals to drive innovative solutions and deliver operational services that contribute to PGIM being a world-class investment manager. Our workstreams operate in a collaborative, agile manner and foster a strong community focused on most relevant emerging technologies and best-in-class solutions.

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 staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
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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 careers.technicalsupport@prudential.com to request assistance.