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

VP, Operational Risk And Resilience

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!

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.

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.

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.

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

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 $200,000 to $230,000. 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.

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.

PGIM is the global asset management business of Prudential Financial, Inc. (NYSE : PRU), a leading global investment manager with nearly US$1.2 trillion in assets under management as of 30th December, 2022. With offices in 18 countries, PGIM's businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives.