Manager, Treasury

Recruiter
Prudential Financial
Location
Newark, New Jersey, United States
Salary
Competitive salary
Posted
16 Sep 2020
Closes
17 Sep 2020
Ref
RET000K8
Job role
Treasury
Experience level
Manager
About the position

Prudential Financial (Prudential) has an opening in its Retirement Business Unit Treasury Group. This group is responsible for providing support to our domestic Retirement business on all corporate finance, capital management, borrowing, liquidity, and cash management activities.

In this role, a successful candidate will gain a thorough understanding of all the products that the Retirement business offers in the marketplace, as well as the appropriate level of capital and liquidity necessary to support the economic risks of each product. In addition to supporting the Retirement business, this position will interact directly with various support functions across Prudential including, Finance, Treasury, Asset Management, Actuarial and Enterprise Risk Management.

The primary responsibilities of this position are:

  • Responsible for supporting all capital related forecast and reporting processes for the Retirement business
  • Support allocation of capital to the product level across the Retirement business with the opportunity to have broader influence on capital issues across the enterprise
  • Support the development and analysis of annual business unit capital plan
  • Provide analysis to better understand key business drivers that impact capital and distributable cash flows
  • Support the Retirement Business and Corporate Partner's assessment of new product risks and capital requirements
  • Work closely with Corporate partners (Treasurers, Risk Management, Actuarial) to influence, understand, and implement improvements to Prudential's Required Capital framework
  • Provide various ad hoc initiatives and presentations for Retirement and Corporate leaders
  • Support creation of presentations for senior management, rating agencies, regulators and the Finance Committee/Board of Directors

Additional responsibilities of the position may vary depending on the candidate's background, skills and experience.

Qualifications

The successful candidate will have the following qualifications:

  • Bachelor's degree in Accounting or Finance preferred
  • Experience in finance, accounting, or treasury field preferred
  • Strong verbal and written communication skills
  • Strong financial analysis and analytical skills
  • Ability to multi-task in a dynamic environment
  • Team player, but able to be productive independently
  • Advanced Excel and PowerPoint skills
  • CFA, CPA, or MBA desired but not required

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.