Lead Analyst, Risk Management

See job description below

The position is for a Lead Analyst, Risk Management to support Prudential Mortgage Capital Company, LLC (PMCC), the commercial mortgage lending unit of Prudential's Asset Management Business. PMCC's Risk Management team supports the strategic objectives of the business by helping to maintain an effective and efficient risk management program.

There is the opportunity for this position to be worked from other PMCC offices in the US.

The incumbent will be responsible for managing PMCC's enterprise-wide risk management priorities, including, but not limited to, workflow mapping, procedural development and documentation. This position reports directly to the Vice President, PMCC Risk Management. The associate holding this position will:

• Support business processes by reviewing, monitoring, and assessing the control environment for new and established products and activities
• Work with the VP Risk Management and business management to proactively identify and evaluate operational business risks and trends, and develop processes that help mitigate risk, ensure compliance, and protect PMCC's brand
• Actively assist management with review and analysis of new initiatives (including complex structured products) and projects, the development and implementation of appropriate control standards, and provide project management support
• Monitor, analyze and communicate emerging risks and trends
• Manage all aspects of the audit process, including conducting pre-self assessment, planning, coordinating action plan development and execution
• Lead PMCC's Sarbanes-Oxley efforts and related reviews. Communicate results and analysis to senior management and key internal stakeholders
• Oversee the monitoring of HUD, Ginnie Mae, Fannie Mae, and Freddie Mac regulations in an effort to identify and communicate rule changes
• Oversee the maintenance of the relevant state license requirements for PMCC as well as HUD, FHA, Ginnie Mae, Fannie Mae and Freddie Mac approvals and licenses.
• Coordinate the vendor governance process for PMCC. Participate in the contract review with the business and legal team, conduct risk assessments, risk rank the vendor, conduct site visits, as necessary, etc.
• Conduct periodic internal control reviews focused on identified high risk items.
• Assist the VP PMCC Risk Management with training on Prudential's Principles and Policies;
• Establish and maintain relationships with Asset Management and PMCC's Business and Functional Leaders, as well as the larger Risk Management community, Internal Audit, Legal, Compliance, Operations, and Finance staff
• Lead, or participate on, PMCC-wide initiatives or projects as applicable.

Skills

· Five to seven years experience with institutional asset management business. Real estate investment and/or Agency experience is preferred.
· Experience with operational process and internal control design
· Audit, Finance, and/or Real Estate Investment background
· Working knowledge of Sarbanes-Oxley
· Project management experience
· Strong analytical skills
· Ability to work independently
· Attention to detail, yet able to summarize and communicate complex issues effectively, orally and in writing
· Travel approximately 25% of time to the other PMCC offices