Director Compliance

Profile

Director Compliance

The candidate will design and implement an effective, risk-based broker-dealer testing program for Pruco, PIMS and PAD to assist in detecting and preventing violations of, and achieving compliance with, applicable securities laws and regulations, and with appliable FINRA rules; meeting requirements for branch office inspections. Will in collaboration with Business Unit Compliance, design and implement an effective, risk-based Separate Accounts SEC 38a-1 testing program. Drive implementation of automated testing for common scope areas using data analytics and visualization tools. Through ongoing research and participation in industry trade groups, continuously integrate benchmarking and best practices into the overall testing program and liaise with the company’s External Affairs function to advocate for change within the industry, when and where required. Design and implement a robust governance and oversight process for vendor-provided off-shore testing resources, utilized to augment staff and subject matter expertise, to ensure appropriate management of day-to-day activities and overall relationship management. Develop the annual CTU testing plan, in collaboration with the Pruco, PIMS and PAD Chief Compliance Officers (CCO). Lead/oversee and provide strategic leadership for all aspects of the Pruco, PIMS, PAD and Separate Accounts SEC 38a-1 testing, including Assignment of team members to each inspection/review, including on-shore and off-shore team members, focusing on required skills and growth opportunities for the staff; Approving the scope of each review, ensuring they are risk-based, incorporate adequate coverage of broker-dealer regulations/requirements and include re-performance and outcome/data analytics substantive testing; Supervising and supporting the testing team day-to-day, including review and approval of final work papers/test results to ensure the testing methodology is followed and the inspection/review deadlines are met timely; Review all issues raised by the testing team prior to issuance of final reports to ensure they have been appropriately risk-rated and management’s corrective actions address the root cause of the issue; Issue final inspection reports to management. Improve existing metrics and dashboard reporting to proactively communicate to business management and the CCOs the status of CTU’s testing, any identified control gaps, issue trends/themes and areas of increased risk. People leadership, including developing, coaching and managing a team of Managers and Analysts.

Additional Information

Ref COM0008X

Company info

Prudential Financial, Inc
16260 North Scottsdale Road
Scottsdale
Arizona
United States
Website : http://www.prudential.com