NJ Employer Investment Associate, Enterprise Risk Strategy in Newark, New Jersey

Working closely with enterprise partners and under the oversight of the companys Board of Directors and Enterprise Risk Committee, Enterprise Risk Management (ERM) is responsible for the evaluation of market, investment, insurance, operational and model risks across Prudential.The enhancement of the Company's Risk Appetite Framework (RAF) is a priority for ERM and the enterprise. It is important that RAF be integrated with a comprehensive, enterprise Stress Testing Framework, allowing it to be used:As a foundation for determining the Companys risk appetiteTo assess risk capacityTo calibrate risk limitsTo help optimize risk and capital management and business planningAchieving our objectives will require sound risk methodology and analytics, a robust stress testing process, a strong portfolio risk analysis capability and effective governance and reporting of exposures against defined appetite and limits.In order to meet these objectives, Prudential has established a new group within ERM, Enterprise Risk Analysis & Reporting. We are now seeking to add associates for this new and exciting team.The successful candidate will be part of a team that is responsible for a function of significant importance to Prudential and will work closely with senior ERM risk professionals, business unit actuaries, business unit finance leaders, the companys Regulatory Coordination Office, portfolio managers and the Treasurers group.This individual will be a member of a high-performing team and have the following responsibilities:Develop a comprehensive understanding of the companys risk profile versus risk appetite and capacity, including the drivers and evolution thereofReport enterprise risk appetite metrics and limitsCreate Board Presentations explaining enterprise risk strategy, stress testing, and resultsDevelop detailed risk reporting to Prudentials various stakeholdersAssist in the execution of extreme stress scenarios, including process, governance and controls across the firmEvaluate, analyze, and report scenario resultsVEVRAA Federal ContractorRequest Priority Protected Veteran ReferralsEOE -Veteran /Disabled/Minority/AA/F/M/SO