Vice President, Corporate Strategy

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Newark, NJ
200K-271K Annually
Financial Services
The Role

Job Classification:

Project Mgmt, Transformation & Strategy - Project Mgmt, Transformation & Strategy

The Corporate Strategy team partners directly with the CEO, Executive Leadership Team members, and Business Presidents to help solve the most important and complex questions and challenges facing Prudential. The team focuses on enterprise-level issues, including strategy, business development, resource allocation, and growth initiatives.

The team is seeking an experienced Vice President, Corporate Strategy to work with a generalist, go-anywhere team responsible for partnering directly with the CEOs, business presidents, and heads of Technology within the international and domestic businesses to drive growth and value in core, adjacent and new markets as well as support enterprise priorities.  This can include strategy, business development, due diligence, post-merger integration, growth initiatives, and resource allocation. Leveraging their external profile and network, the individual in this role will be encouraged to bring new ideas, make connections, and create relevance with our current and potential partners.

This individual will be encouraged to invest in the development of their own strategy skills, as well as in the strategy skills of an informal network of individuals more broadly across the enterprise. The individual in this role will report directly to the Vice President, Head of Core Strategy and will partner with Business Leaders, Finance, Treasury, and Corporate Development and the broader Corporate Strategy team on specific efforts.

What you can expect:

  • Oversee and guide project execution under ELT guidance, ensuring alignment with corporate strategy.
  • Interface and collaborate with senior leaders and cross-functional teams. Act as a bridge between senior leaders and teams ensuring effective communication and collaboration on key projects and deliverables.
  • Lead teams of Strategy members and business experts ensuring successful project delivery
  • Develop and maintain a strategic valuation models linked to resource and capital allocation.
  • Align resource allocation with strategic goals and track progress to ensure optimal outcomes.
  • Connect capital management processes with Global Finance, Actuarial, Risk, CIO, Global Technology, and Talent, enhancing departmental collaboration.
  • Integrate with finance, business, and other departments to enhance collaboration.
  • Build an external profie and network of leaders at other financial institutions.
  • Introduce new ideas and external perspectives to the organization, fostering innovation and growth
  • Develop and deliver (with Treasury) training on capital and resource allocation for critical leaders/developing leaders.
  • Build and foster an internal network of resource/capital allocation practitioners.
  • Serve as a thought leader to identify enterprise issues and opportunities.
  • Bring an enterprise perspective to business and functional initiatives.
  • Support the Global leadership team and Board in the strategy-setting process.
  • Partner in developing topics and agendas for Global leadership team and management committee meetings.
  • Synthesize and evaluate business strategies for enterprise impact.

What you will need:

  • Bachelor’s degree required; MBA and/or CFA designation a plus
  • Minimum of 8-10 years in corporate development, capital management, Financial planning & analysis, or consulting
  • Proven leadership skills with experience managing complex projects and cross functional teams
  • Demonstrated internal and external networking skills.
  • Success developing talent, building teams and bringing people together to enable business outcomes.
  • Strong quantitative skills and financial analysis skills and ability to apply corporate finance principals to various scenarios
  • Executive presentation skills including advanced visual storytelling and communication
  • Capable of clearly articulating technical concept to a variety of audiences.
  • Comfortable working with and presenting to senior level executives.

What we offer you:Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $200,000.00 to $270,500.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

  • Market competitive base salaries, with a yearly bonus potential at every level. 

  • Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave. 

  • 401(k) plan with company match (up to 4%). 

  • Company-funded pension plan. 

  • Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs. 

  • Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.  

  • Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.  

  • Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service. 

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.  

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom. 

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

If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com. 

 

If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.

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The Company
Chicago, IL
3,593 Employees
On-site Workplace

What We Do

PGIM, the investment management business of Prudential Financial, Inc.* is a multi-manager that delivers industry-leading strategies and solutions to clients. Each business maintains its own investment process and culture, allowing for a singular focus on delivering investment returns for clients.

The PGIM businesses offer investors a wide range of investment strategies across asset classes and geographies, including public equities, public and private fixed income, commercial mortgages and real estate. Clients of PGIM can rely on superior long-term performance, risk management expertise and innovative products to help them realize a wide range of business objectives.

In addition, PGIM uses its collective knowledge and business expertise to work with public, private and non-profit sector partners to create solutions that address critical social issues that have an enduring impact.

*Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

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