Director, Compliance Job Listing at Prudential in iselin, NJ (Job ID RET0003S)

Insurance, Finance

This position will have responsibility for multiple activities within the Prudential Retirement Compliance team, including providing compliance support and advice to various business units within Prudential Retirement focusing primarily on investment product manufacturing and platform support. The role also has responsibility for compliance monitoring, compliance training, implementation of policies and procedures and forensic testing. The ideal candidate for this position is experienced with regulatory compliance requirements, risk-based audits and has a strong project management background. Experience with Investment Adviser and/or Investment Company compliance, as well as experience with the securities products of insurance companies, is preferred.

Principal Responsibilities
Provide compliance support business unit responsible for the investment platform offered by Prudential Retirement which includes insurance company separate accounts, 3rd party mutual funds and proprietary mutual funds. Responsibilities include oversight of third party asset managers, investment guideline monitoring for separate accounts, compliance with various separate account policies and procedures, assisting with the on-boarding of third-party managers, among other things.

Provide compliance support to the business unit that manufactures institutional income solutions offered by Prudential Retirement, including distribution through 3rd parties.

Provide compliance support for the market-timing monitoring program, including ensuring adequate monitoring and guidance to enable timely and effective implementation of the program; adequate resolution of outside mutual fund company and plan inquiries; as well as activity and issue reporting to senior management.

Support key unit initiatives such as development and implementation of policies and procedures and compliance training.

Provide compliance support for new product initiatives and distribution of products through unaffiliated third parties.

Serve as compliance representative on business unit teams.

Supervise one or more compliance associates.

Location
The position will be located in either of the following Prudential Retirement office locations: Woodbridge NJ or Hartford CT.

• 7-10 years of relevant Compliance and/or business relatedexperience required.
• Working knowledge of the Investment Advisers Act of 1940, the Investment Company Act of 1940; other securities laws and insurance laws; the applicable rules there-under; and/or the Retirement Services industry is preferred.
• An understanding of the securities products of insurance companies is preferred.
• Strong analytical skills (understanding of more complex regulatory requirements and their application to the retirement business).
• Ability to reach sound judgments and act quickly under tight deadlines.
• Must be self motivated and able to work independently.
• Good project management skills.
• Ability to lead others; prior management experience preferred.
• Strong technology/software application skills.
• Strong collaboration skills and ability to work effectively in small groups and teams.
• Strong relationship management, interpersonal and leadership skills.
• Ability to develop solutions to sensitive compliance and organizational issues for which no current approach may exist.
• Excellent written and verbal communication skills.
• Position involves occasional travel, including travel to PR facilities.