Manager, Third Party Risk Management | PGIM Ireland

This role is based in our Letterkenny office, 2/3 days in the office a week.

A GLOBAL LEADING ASSET MANAGER WITH A DIVERSE & INCLUSIVE CULTURE As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.
We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers!
If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today.
At PGIM, You Can!

What you will do

The PGIM Operational Resilience and Third-Party Risk Management (TPRM) team is seeking a curious and motivated individual to work across global operations, investment and technology teams, business units and control functions to help manage TPRM risk across PGIM And to ensure compliance with Prudential TPRM standards. 

The PGIM TPRM manager provides oversight and monitoring to ensure third party services and agreements are executed in a well-controlled manner and follow Prudential’s TPRM policies and standards.  The TPRM Manager will support the Vendor TPRM Director developing and maintaining TPRM Vendor program materials, tools and documentation as well as assisting with oversight and quality review testing.  This includes ensuring that strong measurement and monitoring processes exist to enable the identification and management of vendor risks. The PGIM TPRM Manager will play a key role in providing support to PGIM businesses including vendor engagement managers, vendor relationship managers and other key stakeholders across PGIM. 

Additionally, the PGIM TPRM Manager interacts with Prudential Global Sourcing and Procurement (GSP) on governance activities and projects or change initiatives with significant impact.  Acts as a change agent, identifying, recommending and implementing changes based on business needs.

What you can expect

• Play key support role within PGIM TPRM, collaborate with business stakeholder, including vendor engagement managers and relationship managers on vendor intake, risk rating, onboarding, due diligence and ongoing oversight and controls.

• Maintain partnerships across PGIM and GSP to ensure active and early participation in vendor related matters.

• Consult and guide vendor engagement/relationship managers through the vendor lifecycle process.

• Ensure appropriate due diligence is completed following PGIM standards prior to a service provider being engaged.

• Provide support in assessing vendor due diligence results and action plan development.

• Support and ensure vendor monitoring processes are completed in line with the vendor engagement risk level.

• Oversee and facilitate the tracking of vendor issues to resolution via identification of action plans to address performance gaps and control risks, in partnership with the business owners of third-party relationships.

• Support site visit preparation and completion as needed, including development of the site visit test plan, and managing issues and action plan tracking.

• Provide TPRM governance training and execute testing and results documentation.

• Support the development, enhancement, and management of the PGIM TPRM program. 

• Document Standard Operating Procedures as required.

• Participate in GSP initiatives and meetings to streamline TPRM process, drive consistency with tools and templates, and compile PGIM wide reporting.

• Support the TPRM Director as needed, including responding to GSP requests and developing reporting for senior management

• Manage junior staff as needed.

What you will bring

• Degree in Business Administration, Finance or equivalent. 

• 5-7 years of proven third-party risk management governance, program/change management, operations, finance, audit or risk management related experience

• Critical thinking and problem-solving experience required

• Familiarity with Asset Management businesses a plus

• Excellent oral and written communications skills and presentation skills with a focus on informing and influencing and relationship building.

• Ability to influence peers in partner organizations by working across the businesses to meet objectives

• Project management skills with proven ability to meet deadlines, prioritize assignments, and manage multiple projects with minimal supervision

• Excellent Excel skills, experience with data aggregation and analysis

• Travel may be required

What we offer you
• Health Insurance: PGIM Ireland partner with Laya and BUPA to provide health insurance schemes that cover eligible employees day to day medical and hospital expenses.
• Annual Leave of 23 days at full pay.
• Pension Scheme: Members of the scheme can contribute up to 8% of salary per annum and PGIM Ireland matches contributions up to 8% of salary. Members can also make voluntary contributions to the scheme.
• Annual Bonus Programme & Shop LK Vouchers: Along with an annual bonus employees are rewarded with Shop LK vouchers which are paid tax free.
• Life Assurance: fully paid by PGIM Ireland, employees are covered from their start date and beneficiaries are provided with a lump sum of four times an employee’s salary.
• Education Assistance: PGIM Ireland have an Education Assistance Programme that reimburses eligible employees for furthering their education.

About PGIM
Global Asset Management PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with nearly US$1.34 trillion in assets under management as of March 31 st, 2024. With offices in 18 countries, PGIM’s 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. With a history dating back 148 years, and experience through more than 30 market cycles, PGIM takes a long-term view, not only in our investment philosophy, but also in how we develop our talent. We want to see our employees excel from their first day with the firm and throughout their tenure with PGIM. We will inspire you, support you, and help you reach your greatest personal and professional aspirations. If PGIM sounds like the place for you, join us.

For more information about PGIM, visit PGIM.com. Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Our Commitment to Diversity, Equity, and Inclusion PGIM has a long-held commitment to advancing diversity, equity and inclusion, rooted in the belief that this is a prerequisite for PGIM's success and sustainability. We work to attract, retain, develop and promote talent at all levels and aim to have a workforce that reflects the communities where we work, live and invest. We are intentional about creating a workplace where everyone has a voice and is welcomed, valued, respected and understood. From the moment people join PGIM, we pledge to help them unlock their full potential. Together, we are shaping a future where talent knows no boundaries.

PGIM Ireland is proud to be an equal opportunity employer and is committed to equal employment opportunity regardless of applicants’ gender, civil status, family status, sexual orientation, religion, age, disability, race or membership of the traveler community. PGIM Ireland's aim is to hire the best people for the open roles and all appointments will be made on merit.
 
Any offer of employment made by PGIM Ireland will be contingent on receiving satisfactory references. Applicants should be aware that background checks will be carried out on all candidates offered a position within PGIM Ireland.