Saturday, November 01, 2014

Director - Operational Risk Management - Prudential - Shelton


Job description
This position is responsible for providing direction to the business group/corporate function in developing and maintaining an effective and efficient risk management program and fostering an intelligent risk taking culture. Provides guidance, and assistance to businesses in managing operational risks in accordance with the company's Operational Risk Management framework. This includes ensuring that operational risks are properly identified, assessed, monitored, controlled and reported.
Incumbents have a general understanding of the overall business and an in-depth knowledge of the specific areas within the business they support. Incumbents are fully knowledgeable on the day-to-day activities of the risk management process, including areas such as Sarbanes-Oxley, information protection, vendor governance, model risk and in some cases, technology risk management. Understands how operational risk interacts with market, credit and/or insurance risk and fits within the overall risk governance framework. Incumbents demonstrate sound judgment in prioritizing assessments, and are able to independently perform an effective challenge of the business risk assessments. Require input on the most complex issues. Incumbents are considered subject matter experts, and require industry expertise. May be responsible for the recruitment, development and supervision of staff.

Desired Skills and Experience
The preferred experience for a successful candidate would include:

• Ability to demonstrate a high degree of initiative, curiosity and an eagerness to learn.
• Strong analytical skills including the ability to think critically and logically; creative problem solving and excellent decision-making skills.
• Ability to perform root cause analysis, identify trends and recommend corrective actions.
• Strong organizational skills including the ability to work on multiple projects simultaneously, and bring them to resolution.
• Knowledge of applicable enterprise control standards and requirements (e.g., Model Risk Policies, End User Computing Requirements, etc.) preferred.
• Excellent communication skills and effective facilitator of group discussions.
• Strong team player; ability to partner across the organization and achieve results working through others.
• Control experience within a large financial institution is a plus. This includes, but is not limited to: auditing, compliance, operations management, or operational risk management or relevant experience in a business function.
• A Bachelor's degree is required, preferably in a business major, and an MBA is a plus. Relevant professional certifications (e.g., CPA, CFA, etc.) are also a plus.
• Working knowledge of laws and regulations governing Annuity products and distribution channels.
• Knowledge of Microsoft Excel, Word, Visio and Powerpoint.
• Project management skills a plus.
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