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Director of Operational Risk Management
4 months ago
Job Classification:
Project Mgmt, Transformation & Strategy - Project Mgmt, Transformation & Strategy
At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world’s leading financial services institutions
Our Business:
Prudential’s Group Insurance business manufactures and distributes a full range of group life, long-term and short-term group disability, supplemental health, and group corporate, bank and trust owned life insurance in the U.S., primarily to institutional clients for use in connection with employee and membership benefits plans. Group Insurance also sells accidental death and dismemberment and other ancillary coverages and provides plan administrative services in connection with its insurance coverages. The Group Insurance business is undergoing a transformation which includes expanding product offerings and driving sustainable, profitable growth.
Our Role:
As a member of a first-line operational risk management team within a business unit, the Director of Operational Risk Management will be responsible for providing direction to the business unit in developing and maintaining an effective and efficient risk management program. Efforts are geared toward ensuring that operational risks when weighed against business opportunities are well managed and acceptable. This role will report directly to the Head of Risk Management, Group Insurance.
The current EWA for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.
What you can expect:
- Promotes and builds strong risk management culture in Group Insurance through strong engagement and relationship building with senior management- Responsibilities include resolving challenging, sensitive, and/or urgent risk issues- Providing Operational Risk support and advice to business partners, including facilitating assessments of strategic initiatives and ensuring appropriate controls are implemented- Applies sound judgment in the evaluation of risks and controls. Effectively challenges adequacy of controls.- Advises Group Insurance on the development and implementation of action plans to address control gaps- Proactively partners with Risk Management counterparts to identify risk management processes with enterprise-wide implications and effective methods to evaluate control effectiveness- Assists senior leaders with preparation of materials for Operational Risk Committees- Reviews key indicators and assists the in the early identification of trends and recommend opportunities for effectiveness and efficiencies.
What you’ll need:
- 5-7 years of risk management, audit, or similar business control experience- Superior relationship management skills with the ability to partner and build professional relationships in a cross-functional environment- Works independently and delivers high quality outputs- Proactive, driven professional with the ability to operate effectively from the conceptual stage through to successful implementation- Clear and effective writing skills- Uses strong influencing skills to achieve objectives- Adaptability and flexibility to work effectively with a diverse portfolio of people, processes and functions
It’d be a plus if you had:
- Experience working in/with the Group Insurance business
Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
At Prudential, you can:
Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services including 1:1 Career advice, on demand resources and networking to propel your career forward.
We’re a global organization, full of outstandingly dedicated people who aren’t afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.
What we offer you:
- 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- Retirement plans: 401(k) plan with 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 it
