Prudentials purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our peoples career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.
Working with Group functions: Group Technology, Group Finance (particularly Procurement), Group Risk, (particularly Enterprise Risk Management and Operational Risk, Group Compliance), Group-wide Internal Audit and colleagues from other disciplines in Group Security (particularly the Financial Crime Intelligence Unit, Fraud and ABC teams) and Local Business Units (LBUs), the TPRM Director will support the Head of TPR Oversight in embedding the Groups TPRM risk management frameworks (including risk appetite statements/tolerances), policies (containing key controls), underlying standards (containing control activities) and key oversight/assurance activities.
The TPRM Director plays a strategic role in addressing all aspects of TPRM including (but not limited to) the identification, reporting and mitigation of key risks within the roles portfolio, ownership and testing of key controls, the development, testing and maintenance of oversight and assurance frameworks, coordinating relevant executive and board reporting for TPRM, coordination and enhancement of management information for TPRM.
Job Responsibilities
Draft, develop, assist with implementation and oversee compliance with the Groups TPRM policies and standards, risk appetite statements, tolerances, Group-wide Operational Standards (GwOS), key controls and aligned control activities.
Reviews the risk assessment methodology and framework. Performs annual (portfolio) risk assessments, prepares and delivers resulting reports to Risk Leadership Team (RLT).
Produces management information (MI) for executive-level committees.
Assists in the management of key audits. Maintains a strong relationship with Group Internal Audit. Ensures and reports on any internal and external review/audit recommendations are fully implemented.
Maintains a strong working relationship with Procurement, Finance, ABC, Fraud, IT
Provides input to the activities, work scope, priorities and MI of the Financial Crime Intelligence Unit as a key client of this shared monitoring service
Helps coordinating, driving and reporting on portfolio assurance deep dives in LBUs
Ability to plan and manage projects along with excellent written and verbal communication skills;
Ability to address the concerns of multiple stakeholders is essential, as is the ability to influence senior security SMEs across multiple jurisdictions, regulatory environments and/or countries;
Provide relevant, appropriate, pragmatic and cost effective security and resilience plans and manage oversight activities.
Convenes TPRM workgroups across all LBUs to facilitate the sharing of best practice and new developments across the business.
Operates the TPRM risk framework for the company.
Tracks and reports on TPRM incidents.
Job Requirements
Strong understanding and demonstrable experience of overseeing a risk framework, strategy and programme.
Strong understanding of risk assessment and risk frameworks.
Knowledge and awareness of key regulatory developments involving TPRM .
Ability to interact at all levels of an organisation along with the ability to influence and negotiate and have good presentation and training skills.
Highest degree of integrity and ability to deal appropriately with and handle highly sensitive information.
Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
