drjobs Vice President Financial Controls

Vice President Financial Controls

Employer Active

1 Vacancy
drjobs

Job Alert

You will be updated with latest job alerts via email
Valid email field required
Send jobs
Send me jobs like this
drjobs

Job Alert

You will be updated with latest job alerts via email

Valid email field required
Send jobs
Job Location drjobs

Newark - USA

Monthly Salary drjobs

$ 185100 - 250500

Vacancy

1 Vacancy

Job Description

Job Classification:

Corporate Risk

The Insurance Product Assumption Model (IPAM) team enables Enterprise endtoend management of Insurance Product Assumption and Model Risk. This includes second line Operational Risk Management (ORM) responsibility for the companys Actuarial Accounting Controllership and Financial Reporting functions. We are seeking a Vice President ORM to join our team to provide support and 2nd line operational risk coverage for these functions. This role provides a tremendous opportunity to interact with senior management and business partners as well as Audit Law Compliance and Risk Management counterparts across the company.

Risks mission is to enable intelligent management decisions to help drive exceptional business customer and financial outcomes over the long term. This position is responsible for supporting an effective and efficient risk management program in accordance with the companys ORM framework. This position requires strong leadership and influence sound judgment project/process management and technical acumen.

Core Responsibilities:

Provide 2nd line risk guidance and assistance to Actuarial Finance and Controllers functions in managing operational risks in accordance with the Companys ORM framework. Foster proactive risk management aimed at achieving successful business outcomes. Be viewed as a trusted advisor regarding operational risk issues by key stakeholders. This includes ensuring that operational risks are properly identified assessed monitored controlled and reported.

What youll do:

  • Promoting and building strong risk management culture in collaboration with the 1st line Finance & Actuarial Community (FAC) ORM team through strong engagement and relationships
  • Partnering closely with corporate and BU Finance Controllers and Actuarial teams Internal Audit and other key stakeholders
  • Providing proactive operational risk guidance and assessments to business partners with respect to core activities as well as new initiatives / transactions
  • Applying sound judgment and effective challenge in the evaluation of risks and controls including communication and escalation
  • Engaging on challenging sensitive and/or urgent risk issues including providing guidance and afteraction review
  • Advising on the development and implementation of action plans to enhance controls
  • Proactively partnering with Risk Management counterparts to provide ORM expertise on risks with enterprisewide implications and effective methods to manage those risks
  • Supporting risk governance including developing materials and/or presenting to senior management risk committees and other forums

What youll need:

  • Bachelors degree required
  • 10 years of relevant business risk or control function experience
  • Superior relationship management skills with the ability to partner and build professional relationships in a crossfunctional environment
  • Ability to work independently and as part of collaborative teams to deliver high quality work products
  • Proactive driven professional with the ability to strategize influence and execute
  • Clear and effective written communication and presentation skills
  • Excellent coordination skills including project / process management

It would be a plus if you had:

  • Familiarity with financial risks including credit market and insurance risk
  • Relevant professional certifications (e.g. ASA/FSA CPA/CFA PMP/CSM etc.

What we offer you:

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 $185100.00 to $250500.00. Specific pricing for the role may vary within the above range based on many factors including geographic location candidate experience and skills.
  • 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.

  • Companyfunded pension plan.

  • Wellness Programs including up to $1600 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. To find out more about our Total Rewards package visit Work Life Balance Prudential Careers. Some of the above benefits may not apply to parttime employees scheduled to work less than 20 hours per week.


Required Experience:

Chief

Employment Type

Full-Time

Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.