PGIM

Director, Operational Risk Management – Public and Private Fixed Income

PGIM

full-time

Posted on:

Location Type: Hybrid

Location: Newark • New Jersey • 🇺🇸 United States

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Salary

💰 $150,000 - $170,000 per year

Job Level

Lead

About the role

  • Conduct detailed risk assessments/control reviews for existing processes, new products, and initiatives by ensuring key operational risks and controls are properly identified, assessed and documented
  • Review and analyze errors and other risk events, perform root cause analysis, identify trends, and recommend corrective measures
  • Report to Senior Management on key operational risks, significant risk events, status of outstanding issues, and other topics
  • Assist in risk aggregation and reporting, including collecting, identifying, developing, and reviewing key risk indicators
  • Promote Prudential’s Operational Risk Management framework policies and procedures across the PGIM Public and Private Fixed Income businesses
  • Monitor, analyze and communicate emerging risks and external events
  • Collaborate closely with regional offices, and support functions across the business to reinforce operational risk ownership and accountability
  • Act as an Internal Audit liaison, including planning and coordination for internal audits, as well as assisting in the development, monitoring and closure of audit related action plans
  • Oversee Sarbanes-Oxley walkthroughs, identification/validation of key controls, and coordination of the annual fraud assessment
  • Coordinate various requests from Internal Audit, internal departments, regulatory agencies, external auditors and others
  • Collaborate closely with other control functions, and reinforce risk ownership and accountability

Requirements

  • Expanded product knowledge in the fixed income industry including exposure to diverse products such as private debt, including direct lending and mezzanine funds including various fund structures
  • Minimum of 8 years of Audit and/or Operational Risk Management experience in the Asset Management industry. Audit experience is a plus
  • Previous experience in a global organization, including facilitating risk and control self-assessments, reporting and analyzing internal and external risk events, developing key risk indicators, and performing scenario analysis
  • Ability to lead a small team of risk professionals
  • Analytical mindset and ability to identify, assess and mitigate key risks, and perform root cause analysis
  • Ability to effectively influence, negotiate and drive change within an organization while retaining independence
  • Highly ethical individual with a strong moral compass who can effectively challenge management while partnering effectively with them
  • Results-oriented individual who can transform strategy into action
  • Excellent project management and multi-tasking skills
  • Superior oral and written communication skills
  • Excellent relationship management skills with the ability to partner and build professional relationships in a cross-functional environment
  • CFA, MBA or similar certification/credentials are a plus
Benefits
  • Medical, dental, vision, life insurance, disability insurance
  • Paid Time Off (PTO)
  • 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

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
risk assessmentsroot cause analysiskey risk indicatorsSarbanes-Oxley complianceaudit planningoperational risk managementscenario analysisrisk control self-assessmentsdata analysisfraud assessment
Soft skills
analytical mindsetleadershipinfluencenegotiationchange managementethical judgmentresults-orientedproject managementmulti-taskingrelationship management
Certifications
CFAMBA