Manager, Business Group Risk Management - PGIM Risk Management (Hybrid - Newark, NJ)

Job Classification:

Are you looking to grow your career withinOperational Risk Management and deepen your understanding of financial services products under the Asset Management umbrella? Are you looking to diversify yourskill set by expanding youranalyticalskills with a growing organization? OurPGIMOperational Risk Management team is seeking aManager who willbe responsible forcollaborating closely with other control functions to promote operational risk awareness, and partner on key risks and initiatives.   

Who are we?  

PGIM is a top global fixed income asset manager with over$1.47trillion in assets under management. Our parent company is Prudential Financial, Inc.  

PGIMmaintains a collegial and supportive work environment that promotes and rewards individual contributions while placing equal importance on results of the larger team. Associates within PGIMOperational Risk Management share their insights, skills, and diverse perspectives with a talented team working toward common goals. We place high priority onmaintaining a work environment that develops, motivates, rewards, andretains employees.  We offer a total rewards package that includes competitive pay, performance-based incentives, long-term savings opportunities, and just asimportant, support for life beyond work.  

OurOperational Risk Management team is a dynamic group that collaborates with all areas ofPGIM; in turn, creating a myriad of learning opportunities and a collaborative culture. The rolecovers the PGIM Credit investment capability, which iscomprised of Fixed Income and Private Credit groups.

The team serves as an internal business partner inestablishing and maintaining an effective system of internal controls.  

Responsibilities 

• Conduct detailed risk assessments/control reviews for existing processes,new products,and initiatives byensuring key operational risks and controls are properlyidentified,assessed and documented.   

• Review and analyze errors/incidents and other risk events includingperforming root cause analysisand recommend corrective measures (including assisting with implementation).  

• Report to Senior Management on key operational risks, significant risk events, status of outstanding issues,and other topics 

• Assist in the collection and reporting of key risk indicators (KRIs), top risks, and other risk related metrics and reporting.  

• Promote Prudential’s Operational Risk Management framework policies and proceduresacross the PGIMCredit businesses 

• Monitor, analyze and communicate emerging risks and external events 

• Collaborate closely withPortfolio Managers in Fixed Income and Private Credit,alongwith thesupport functions across the businessto reinforce operational risk ownership andaccountably.   

• Act as an Internal Audit liaison, including planning and coordination for internal audits,as well asassisting in the development,monitoring and closure ofaudit related action plans 

• SupportSarbanes-OxleyandSOC1annualreviews includingassistingwith scope determination,collaborating withinternal andexternalaudit andissues management 

• Collaborate closely with other control functions including Compliance, Legal and InternalAudit on risk/control related items 

• Assist with the management, policy requirements andongoing monitoring overModels,Artificial Intelligence (AI)and End User Computing Solutions (EUCS) 

• Supportbusiness transformation activities across PGIM Credit while assessing and mitigating riskassociated with business and technology changes.   

Qualifications 

• Extensivebusinessknowledge in the fixed income industryencompassingpublic fixed income and private credit,specifically trade lifecycle activities and operational support 

• Minimum of5years of Audit and/or Operational RiskManagementexperience in theAssetManagement industry.  

• Previous experienceina 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 

• Analytical mindset and ability toidentify, assess and mitigate key risks, and perform root cause analysis 

• Ability to effectively influence, negotiate and drive change within an organization whileretaining independence  

• Highly ethicalindividual withastrong 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 

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%). 
• Company-funded pension plan. 
• Wellness Programsincluding 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).

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, visitWork Life Balance | Prudential Careers.Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.  

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom. 

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law. 

If you need an accommodation to complete the application process, please emailaccommodations.hw@prudential.com. 

If you are experiencing a technical issue with your application or an assessment, please emailcareers.technicalsupport@prudential.com to request assistance.