Compliance Analyst

Prudential Financial, Inc.

 

Agency Distribution (AD) is Prudential's nationwide sales organization, which retails our securities, insurance and selected non proprietary products.  Our field force comprises approximately 2,600 financial professionals (formerly known as agents) and 330 field managers. We have representation in 49 of the 50 states (excluding Alaska). Four territories form 49 parent agencies and approximately 67 detached agency offices. Many of our financial professionals (about 50 percent) are located in private offices throughout the United States.

 

Pruco Securities, LLC (Pruco), a subsidiary of The Prudential Insurance Company of America
operates as a dually registered broker dealer and investment adviser. The company offers variable life and annuity products, mutual funds, and brokerage accounts.

 

The primary responsibility of the Field Office Examinations Unit is to conduct field office examinations of Agency Distribution field offices.  These examinations are conducted annually in order to evaluate the adequacy of supervision and compliance related controls.  The Compliance, Analyst will support the Field Office Examinations Unit in implementing compliance oversight procedures by assisting on field office inspections.   

Principal Responsibilities:

·       Assisting senior examiners in preparing for and executing field office examinations.  This includes reviewing applicable Company policies and procedures and discussing with Field Management as necessary, testing the adequacy of control systems established in the agency, and discussing the results of the examination with Management.

·       Identifying and assessing risks unique to the field office that were not addressed as part of the standard examination process.

·       Planning examinations by utilizing Company systems and databases to gather pertinent records, and analyzing the information, and identifying issues for testing during the examination.

·       Soliciting input regarding agency activities from other Agency Distribution (e.g., Corporate Operations and Controls) and Compliance units (e.g., Broker-Dealer unit).

·        Documenting controls tested and issues discussed during the exam and preparing written reports outlining the results of the examination work performed.

·       Providing compliance education/support to field associates in conjunction with the examination.

·       Supporting Field Management and business channel contacts by researching and resolving compliance related questions or issues as they arise.

·        Participating in projects and other reviews (e.g., oversight reviews) as necessary.

 

Ideal candidates would be those possessing securities/life/sales operational experience, or testing of these functions.  College graduates with accounting and/or finance degrees together with recent military personnel with transferable life experience will also be considered.

·       Bachelor’s degree or equivalent work experience preferred

·       Excellent presentation, oral and written communication skills.

·       Excellent interpersonal and relationship building skills, including the ability to effectively communicate with individuals at all levels of within the Company.

·       Highly motivated and able to adapt to changing priorities, must be able to work independently.

·       Excellent analytical and time management skills and attention to detail.

·       Ability to effectively analyze and evaluate the effectiveness of control systems.

·       Candidate should be discreet, professional and able to use sound judgment.

·       Knowledge of the securities industry including the various regulatory agencies (e.g., FINRA) desired.

·       Understanding of insurance and investment products desired.

·       Ability to obtain FINRA Series 7 registration within six months of hire.

·       Proficient in Microsoft applications, and web navigation and applications including Internet Explorer is preferred.

 

* This position will require overnight travel of approximately 30 – 35%, as well as occasional travel to Prudential’s NJ locations (Newark/Woodbridge) for training and meetings.   Driver's license is 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 and all qualified applicants will receive consideration for employment without regard to race, color, sex, disability status, protected 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.

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