What are the responsibilities and job description for the PGIM Manager, Business Group Risk Management (Hybrid-Newark, NJ)) position at PGIM?
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
We are looking for an Operational Risk Manager to join our PGIM Operational Risk Management team which is part of PGIM Operations and Innovation's group (O&I). This team is responsible for assessing and monitoring risks to PGIM O&I's global business operations and for recommending and implementing risk controls that mitigate those risks. In addition to supporting PGIM O&I's strategic business objectives by developing and maintaining effective and efficient risk management programs.
As an Operational Risk Manager, you will be responsible for executing on risk strategies related to PGIM O&I's business operations. You will be part of a team responsible for ensuring that business and Operational Risks, when weighed against business opportunities, are well managed and acceptable.
This position can be based either of our office in Newark, New Jerse. 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
- Support business processes by reviewing, monitoring, and assessing the control environment for new and established products and activities.
- Assist with executing all aspects of the Operational Risk Management Framework, including facilitating Risk and Control Self Assessments, documenting key risks and controls, developing action plans to address control gaps and providing effective challenge to the adequacy of controls.
- Identify, researching, evaluate, and / or resolve risk issues impacting the business, including conducting control reviews or gap analysis for existing processes, as needed.
- Establish and maintain relationships with Prudential and PGIM Risk Functions and PGIM Business and Functional Leaders including, but not limited to internal audit, legal, compliance, operations, and finance.
- Analyze and report operational risk events, identifying root causes of control breakdowns, developing remediation plans, performing scenario analysis reviews.
- Identify and ensure key risk indicators are developed and reported appropriately.
- Serve as liaison between the Business and Internal Audit for engagements and tracking the resulting issues and action plans until effective closure.
- Monitor, analyze and communicate emerging risks and trends.
- Produce periodic risk reporting and analytics.
- Understand Prudential's Operational Risk Management policies and procedures to ensure compliance with the Operational Risk Management framework.
- Assist with management and execution of various corporate programs, including but not limited to Vendor Risk Management, Business Continuity, and Privacy
What you will bring
What will set you apart?
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 $140,000 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.
What we offer you :
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. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
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.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.
Salary : $115,000 - $140,000
