Vice President, Business Group Risk Management

Prudential's Annuities Division is seeking a VP, Business Group Risk Management. The position can be either location in Fort Washington, PA or Shelton, CT. The travel commitment is approximately 30%. Responsibilities are as follows:

Ensure control processes and monitoring throughout the organization (including financial, operational and regulatory) are sufficient and support the achievement of business objectives.



Effectively interface with Prudential control functions and our independent auditor to ensure work efforts are coordinated, focused on key risks and issues are receiving appropriate attention of Annuities management.

Oversee the activities which ensure Annuities complies with key regulatory requirements including:
-The Sarbanes-Oxley Act of 2002
-GLB Privacy Requirements
-State and NASD Compliance Requirements including, Replacements (Regulation 60 and NAIC Model Regulation)
-Anti Market Timing Controls

Manage the activities of the Annuities Risk Management to meet its overall goals and objectives including financial/budgeting benchmarks

Identify, escalate and pursue swift resolution to emerging risks and control issues.

Co-Chair and manage the operation of the Annuity Risk Committee.


 


Prepare and assist in presenting Annuity business risk and control documents for use with Operating Risk Committees, Senior Management and Audit Committee of the Board

Effectively perform a wide-range of people management responsibilities by executing strategy and managing performance so that individual and organizational results are achieved.

Plan, Direct and Monitor Risk Assessments of the Annuities Business in a manner sufficient to evaluate business activities including:
-Develop and implement a comprehensive risk assessment approach
-Implement fully the Company's Sarbanes-Oxley 404 compliance program

Demonstrate a high-level, strategic vision for the Annuities Business and Insurance Division


 


Job Requirements:


 


- Bachelor's degree in related discipline.


- Master's degree preferable.


- A strong background in the annuity marketplace.


- Solid financial, regulatory and risk and control evaluation experience specific to sales, marketing, product development and operations.


- Knowledge of the finance and actuarial components of Sarbanes-Oxley.


- Experienced performer with demonstrated success in leading people and projects.


- Proven ability to effectively establish priorities in a multi-task environment.


- Extremely strong analytical and quantitative skills.


- Ability to effectively communicate with business and staff, including senior executives.


- Ability to develop effective working relationships within the organization.


 


Prudential is an Equal Opportunity/Affirmative Action Employer and is committed to diversity in its workforce.


 


 

Education: Bachelors (BBA/BA/BS) or equivalent experience
Job Level: 15 + Years
Percent Travel: 25-50 %