drjobs Investment Senior VP Portfolio Construction Global Investment Strategy

Investment Senior VP Portfolio Construction Global Investment Strategy

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Job Location drjobs

Newark - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Job Classification:

Investment Management Investments

At Prudential we believe talent is key to achieving our vision. When you join Prudential youll unlock a motivating and impactful career all while growing your skills and advancing your profession at one of the worlds leading financial services institutions!


Global Investment Strategy (GIS) is a unit of the Chief Investment Office (CIO) organization that is responsible for the management of the $400 billion General Account which includes the domestic and international insurance investment portfolios of Prudential Financial Inc and affiliates. The GIS team is responsible for relative value assessment new investment opportunities cross portfolio strategy active portfolio risk management ALM strategy and analytics as well as environmental social and governance (ESG) strategies for the insurance portfolios.


We are seeking a dynamic and experienced Investment Senior Vice President (ISVP) to join our GIS team. This senior leadership role is pivotal in the development of the portfolio construction and surveillance of our General Accounts investment portfolio. The SVP will report directly to the Head of Global Investment Strategy.

The ISVP will recommend and guide the topdown construction and continuous monitoring of the General Accounts investment portfolios. This role involves close collaboration with leaders within the GIS team General Account portfolio managers asset managers and risk management teams to ensure alignment with key portfolio objectives and adherence to our risk framework.

Additionally the ISVP will lead the development of advanced topdown portfolio construction strategies. The role includes managing concentration and correlation risks within the portfolio helping set target sizes for individual issuers and subasset classes. The ISVP will also develop and enhance fixed income relative value frameworks for insurance company portfolios encompassing a wide range of public and private asset classes. Furthermore this role involves building and utilizing analytical tools and dashboards for effective reporting and communication of results.

The ideal candidate will be a marketoriented investment professional with a deep understanding of investment strategy portfolio management and risk management. They will have a proven track record in reviewing and constructing topdown portfolios. Extensive knowledge and experience in building fixed income relative value frameworks for insurance company portfolios is essential. The candidate should have expertise in managing concentration and correlation risks within investment portfolios. Strong analytical skills with the ability to develop and implement sophisticated reporting tools and dashboards are also required. Excellent communication and leadership skills to work effectively with crossfunctional teams are crucial. We are looking for a seasoned professional who can bring strategic insight and robust leadership to our GIS team ensuring the success and stability of our General Accounts investment strategies.

The expected work arrangement (EWA) for this position is Hybrid requiring your onsite presence on a recurring basis as determined by your business needs. Your manager will provide additional details regarding the specific number of days you are expected to be onsite.

Other General Responsibilities include:
1. Executive Collaboration and Coordination:

  • Coordinate and partner with other senior leaders within the Chief Investment Office (CIO) including US and international portfolio management teams and corporate functions such as Enterprise Risk Management Corporate Actuarial Treasurers Department External Affairs and Finance.
  • Support the CEO and executive team by providing highlevel insights and addressing complex portfolio issues.

2. Team Leadership and Development:

  • Lead mentor and develop a highperforming team of investment strategists and portfolio managers.
  • Foster a culture of innovation collaboration and accountability within the investment strategy team.
  • Promote professional development and succession planning to build a strong talent pipeline.

3. Stakeholder Engagement:

  • Build and maintain strong relationships with key stakeholders including suppliers partners customers and regulatory bodies.
  • Serve as a trusted advisor on investment matters to the CEO board of directors and other senior executives.

What youll need:
1015 years of investment and/or risk management experience is required
Bachelors Degree
MBA CFA designation or CAIA designation is preferred
Deep experience working as a portfolio manager at an asset manager managing life insurance client portfolios is preferred
Deep capital markets knowledge with experience in a variety of fixed income asset classes
Strong communicator coordinator and thought partner; comfortable and effective partnering with senior level executive team
Excellent project management skills
Previous experience in investments credit analysis or fixed income
Knowledge of insurance capital frameworks

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 $245000 to $300000. 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. In addition employees are eligible for standard benefits package including paid time off medical dental and retirement.

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.

  • 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:

Exec

Employment Type

Full-Time

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