Director, Operational Risk Management

Prudential Financial • Newark, NJ

1d

About The Position

Risk’s mission is to enable intelligent management decisions to help drive exceptional business, customer, and financial outcomes over the long term. We are seeking a Director, Operational Risk Management to help drive the 2nd line risk management strategy for Global Retirement & Insurance (GRI), in partnership with 1st line and Enterprise Risk colleagues globally. As a key member of our team, you will be responsible for developing and maintaining effective and efficient risk management approaches. The position requires business and financial aptitude, resourcefulness, good judgment, persistence, the ability to influence others, and strong leadership qualities.

Requirements

• 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

Nice To Haves

• 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.)

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

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees