VP, Operational Risk and Resilience – PGIM Risk and Enablement (Hybrid)

Prudential Financial • Newark, NJ

31d • Hybrid

About The Position

As VP, Operational Risk and Resilience you will be part of the PGIM O&I Risk & Enablement team, where you will provide oversight of Operational risk and 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.

Requirements

• Bachelor’s degree required.
• Minimum of 10-15 years of risk management Industry experience.
• Deep knowledge of risk management, business continuity management, and operational resilience principles and practices, as well as exceptional organizational and communication skills
• 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.
• Strategic thought leader with proven ability to manage ambiguity and propose workable solutions to challenging problems.
• Independent thinker, able to think across silos.
• Superior communication skills that project credibility and reliability
• Excellent analytical and problem-solving skills.
• Willingness to learn and ability to learn new skills and knowledge on an ongoing basis through self-initiative and tackling challenges.

Nice To Haves

• 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.

Responsibilities

• Drive efforts around education, awareness, and adoption of the Business Resiliency Risk program within PGIM by engaging with affiliates in risk awareness, tracking, resilience decisions and planning.
• Influence firmwide team in building frameworks that improve overall risk / resilience management.
• Maintain strong relationships across all affiliates to facilitate robust planning, solutions, and controls.
• Ensure good engagement in threat awareness, exercises, testing, assurance, and other awareness, and contributing to projects designed to introduce/improve processes and tools to enhance the firm’s risk management and recovery capabilities.
• Partner with Resilience teams across Prudential and other PGIM affiliates.
• Perform annual BCP tests on internal and industry drills to exercises and maintain test documentation in accordance with regulatory requirements.
• Partner with Operational Risk, Internal Audit, Third Party Risk Management, and other Risk Partners to ensure regulatory requirements are being met and comply with the firm’s resiliency strategy.
• Act as a trusted advisor to business divisions for business resilience, providing appropriate guidance, business simulations and training on tools and risk mitigation strategies.
• Independently develop appropriate reporting and communication
• 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.

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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level