Job Description

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Why You Want To Join Us

We are one of the largest Real Estate asset managers in the world with $210 billion Assets under Management and Administration (as of June 30, 2023).

We live an open, appreciative, inclusive corporate culture. This is reflected in the seniority of our team.

We\'re not just talking about family friendliness. The majority of our employees have families; we enable flexible working hours.

We offer a professional and team-oriented work environment. We have very well-trained, ambitious colleagues who are convinced that together as a team we can achieve our goals better.

We care about our employees, and we are committed to seeing them succeed. We provide our employees with access to professional development and support to help drive their success and ability to innovate.

About PGIM

PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with nearly US$1.2 trillion in assets under management. With offices in 18 countries, PGIM\xe2\x80\x99s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives. PGIM business offers a distinct workplace culture that aligns with the firm\xe2\x80\x99s ultimate objective: to provide premier service to our clients while fostering an inclusive workplace culture that is rooted in trust, respect and equality.

About PGIM Real Estate

As one of the largest real estate managers in the world, PGIM Real Estate strives to deliver exceptional outcomes for investors and borrowers through a range of real estate equity, real estate debt, agriculture, and impact solutions across the risk-return spectrum. PGIM Real Estate\xe2\x80\x99s risk management approach, execution capabilities and industry insights are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing, and the local experience of professionals in cities around the world. Through its investment, financing, asset management, and talent management approach, PGIM Real Estate engages in practices that strive to ignite positive environmental and social impact, while pursuing activities that seek to strengthen communities around the world. For more information visit

About the role

PGIM Real Estate\xe2\x80\x99s Operational Risk Management team is responsible for assessing and monitoring risks to PGIM Real Estate\xe2\x80\x99s global business operations and for recommending and implementing risk controls that mitigate those risks. The team supports PGIM Real Estate\xe2\x80\x99s strategic business objectives by developing and maintaining effective and efficient risk management programs.

This position will be responsible for executing on risk strategies related to PGIM Real Estate\xe2\x80\x99s business operations in the Asia Pacific region. She/he will ensure that business and operational risks, when weighed against business opportunities, are well managed and acceptable. The successful candidate will be based in Singapore and reports to Vice President, Operational Risk Management for Europe and Asia Pacific. The Operational Risk team is a global team that regularly interacts with members in all regions. The role will require light travel to the other Asia Pacific offices. Infrequent opportunities for additional international travel outside the region may also arise.

Key Responsibilities

The Operational Risk Manager will work across a broad network of stakeholders, including PGIM\xe2\x80\x99s investment and corporate functions, as well as regional leadership to support business processes by reviewing, monitoring, and assessing the control environment for new and established products and activities. A strong risk management framework is already in place therefore, your main tasks will be to:

Work with the Operational Risk Management team and business management to proactively identify and evaluate operational business risks and trends, and develop processes that help mitigate risk, ensure compliance, and protect PGIM Real Estate\'s brand

Monitor, analyze and communicate emerging risks and trends

Role will include execution of all operational risk programs, including but not limited to privacy, third party diligence, end user computing solutions, new product approval, review of third parties with support from an external consulting firm (e.g. property manager review, joint venture partner review), records management, information security.

Assist management with all aspects of the operational audit process, including preparing and organizing Risk and Control Self Assessments, documenting key risks and controls, developing action plans and providing effective challenge to the adequacy of controls

Identify, research, evaluate, and/or resolve risk issues impacting the business, including conducting control reviews or gap analyses for existing processes, as needed

Establish and maintain relationships with PGIM and PGIM Real Estate Business and Functional Leaders, as well as the larger Risk Management community, Internal Audit, Legal, Compliance, Operations, and Finance staff

Analyze and report operational risk events, identifying root causes of control breakdowns, developing remediation plans, performing scenario analysis reviews

Identify and ensure key risk indicators are developed and reported appropriately

Partner with the global Operational Risk Management team as a risk advisor for developing issues, new projects, and existing control gaps in the business

Serve as a liaison between the Business and Internal Audit for engagements, and track the resulting issues and action plans until effective closure

Provide guidance to outsourced service providers and property managers on operational risk topics as appropriate to ensure adherence to PGIM Real Estate\xe2\x80\x99s standards

At the local entity level, maintain oversight of the entity\xe2\x80\x99s compliance with local regulations, including Singapore PDPA (as Data Officer) and MAS Outsourcing Guidelines

Where required, assist with various ad-hoc initiatives and projects taking place across the broader business

Prepare regular risk reports for senior management and local Boards

Collaboration with the global Operational Risk Management team across multiple time zones, with the team being based in the US, LatAm and Europe.

Skills and Qualifications

Minimum Bachelor\xe2\x80\x99s degree, preferably with a specialization in Risk, Finance, Accounting, or Economics.

5 to 7 years of related work experience in risk management, audit or similar function within the institutional asset management business.

Real estate investments experience is strongly preferred.

Understands both the private and public asset classes

Experience with operational process and internal control design in an investment company

Relevant business experience in Risk Management and/or Financial Services with a proven track record influencing processes and controls.

Working knowledge of Privacy and other regulatory requirements

Project management experience

Strong analytical skills including the ability to think critically and logically; creative problem solving and excellent decision-making skills.

Attention to detail, yet able to summarize and communicate complex issues effectively

Excellent communication skills, both spoken and written, with a proven ability to produce, review and edit written documentation

Team-oriented, with a high degree of integrity and professionalism

Strong MS Office Word, Excel, PowerPoint skills required

Clear and strong English verbal and written communication skills required

What Will Set You Apart

Prior experience in real estate investment management

Experience in working in an international and multicultural environment / have a global mindset

Good knowledge of the local regulatory requirements (e.g. PDPA, MAS Outsourcing)

Our Culture

PGIM is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don\xe2\x80\x99t just accept difference\xe2\x80\x94we celebrate it, support it, and thrive on it. At PGIM employees have a unique opportunity to build their career path by owning their development, their career and their future. -

For more than 140 years, Prudential Financial Inc. has helped individual and institutional customers grow and protect their wealth. Today, we are one of the world\'s largest financial services institutions with operations in the United States, Asia and Latin America. We also have one of the most recognized and trusted brand symbols: The Rock \xc2\xae, an icon of strength, stability, expertise, and innovation. For more information, visit .

Prudential International Insurance (PII) continues to be one of Prudential\'s fastest growing and most profitable business groups. PII has operations in countries around the world.

Prudential Financial