Prudential International Insurance (PII) Compliance provides centralized oversight and governance of compliance programs in all jurisdictions in which PII operates across Latin America, Asia, and Africa. This individual contributor position will report to the PII Emerging Markets Chief Compliance Officer supporting the oversight of a compliance risk management program to establish consistent, rigorous, risk assessment and documentation across PII. This role will support executing continuous improvement of the compliance risk management program and its evolution with business growth and risk. Further, this role will assist in assessing the quality of the program to ensure it remains effective at timely risk identification and mitigation.
Responsibilities include:
Assist with the execution of PII Compliance’s strategic approach to risk mitigation, which is proactive and preventative in various business operations across Latin America, Asia, and Africa.
Support the Emerging Markets Chief Compliance Officer and PII Chief Compliance Officer to build and implement a proactive, strategic compliance risk management program that is risk-based, and data driven
Proactive, strategic, risk mitigation that is risk-based and data driven
Support the review and effective challenge of local compliance risk assessments to identify potential control gaps and mitigation plans
Partner with in-country business operations and Compliance teams as well as Corporate Compliance colleagues to assist in assessing, developing, and implementing enhanced controls and processes, including implementation of enhanced risk assessments
Drive enhancements to existing compliance risk management governance including consistency of program implementation, evolving quality assurance, accountability across PII, and key risk indicator monitoring centrally
Drive a sound and sustainable control environment consistent with Prudential’s Compliance Policies and Global Program standards (as applicable)
Develop an ongoing curriculum in partnership with in-country Compliance teams and Corporate Compliance to enhance compliance risk management via advocating and executing on a risk-based approach via:
Three lines of defense governance model
Risk identification
Risk management
Risk mitigation
Risk escalation
Monitoring and testing
Assist with guidance of in-country Compliance professionals in the assessment of inherent and residual compliance risk and the development of dynamic, risk-based monitoring and testing plans.
Establish and maintain strong relationships with in-country Compliance teams in various locations across Latin America, Asia, and Africa
Establish and maintain strong relationships with both U.S based and in-country PII business partners, as well other functional partners (Legal, Risk, and Audit)
Be a thought partner and strategist with excellent influencing skills, with the ability to work effectively across complex businesses, functions, and all levels of personnel, while conveying a sense of trust and confidence.
Support the preparation of cadenced management reporting on Compliance Risk Management Program status, progress, issues, and trends for Compliance management meetings, PII Compliance and Business leadership, Control Forums, and other governance meetings.
Bachelor's degree, advanced degree or certification in relevant or related field.
Required background
The successful candidate will have a minimum of 5-7 years of relevant financial services/regulatory enforcement and global compliance risk management experience (including experience with compliance risk assessments, monitoring and testing, issue remediation, and compliance risk reporting). Both financial services and international experience are required. The successful candidate may come from another segment of diversified financial services or another control related disciplines (Legal, Regulatory, Audit, or Risk Management). The successful candidate will bring technical compliance expertise with superior knowledge, skills and experience in compliance and regulatory matters. In addition, the successful candidate will have “intercultural agility” to effectively work with multiple and diverse countries and cultures. Additional specific requirements include:
Bachelor’s degree or equivalent experience required, and JD, MBA or advanced degree preferred
Proven leader who can influence senior leadership across complex financial institutions, including businesses and control functions
Must be highly collaborative, open-minded, and able to work with and influence others without having direct authority
Exceptional communication skills, both oral and written, with an ability to make complex issues understandable
Comfortable in ambiguity, self-directed, and an agent and advocate for change.
Excellent judgement and utmost integrity and objectivity, with demonstrated commitment to upholding high standards, sound judgment, confidentiality, confidence, agility, and strong collaborative skills.
Proven analytical, planning, problem solving, and decision-making skills
Ability to consistently adopt a risk-based compliance risk management approach and mindset
Excellent verbal and written communication, presentation, and interpersonal skills (including cultural awareness) to interact and quickly gain credibility and build collaborative working relationships across multiple geographic regions
Demonstrated ability to develop relationships and collaborate with individuals across businesses and control functions
Exceptional communication skills, both oral and written, with an ability to make complex issues understandable
Strong understanding of regulatory frameworks and regimes
Demonstrated ability to execute on strategy, spearhead transformational initiatives, and execute within amorphous environments
Highly organized and strong project management skills
Ability to prioritize work and effectively manage time
Ability to work independently and as a team member
Continuous improvement, thought leadership and global business mindset
Proficient in MS Office (Outlook/Word/Excel/Access/PowerPoint)
Personal Attributes
Strong ethical compass and person of high integrity
Understands the importance and value of collaboration to achieve objectives
Ability to develop strong and productive working relationships
Develops points of view and effectively articulates and advocates for them
Is open minded and willingly accepts new or additional information to inform decision-making
Has a desire to learn or know more; is proactive; is intellectually curious
Helps find solutions to problems
Has strong analytical skills; able to see patterns and apply learnings
Is motivated to deliver on results and meet commitments
Can effectively set objectives and balance competing priorities
A practical problem-solver
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Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.
We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.
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.
The Prudential Insurance Company of America, Newark, NJ and its affiliates.
Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.
PEOPLE WITH DISABILITIES: If you need an accommodation to complete the application process, which may include an assessment, please call (800) 433-8960, prompt 4 or email accommodation.h&w@prudential.com.
Please note that the above number and email are solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers@prudential.com to request assistance.
