Financial Analyst - Legal and Compliance Operations' (Hybrid) at Prudential Ins Co of America in Newark, New Jersey

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At Prudential, we believe talent is key to achieving our vision.  When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions!

Are you a detailed analytical mind familiar with legal operations and financials that can prepare and analyze data for senior leaders and streamline business processes?

The Law, Compliance, Business Ethics & External Affairs (LCBE) department of Prudential Financial seeks an Analyst, Business Measures within their Operations organization. This team is responsible for equipping attorneys and compliance professionals with the resources necessary to perform their unique job function as efficiently and effectively as possible.

The role will include preparation and detailed analysis of the department’s financial plans, budgets, forecasting and ongoing monitoring and reporting.  These activities will help LCBE monitor their financial standing and identify potential opportunities and risks. The expense management activities includes management of nearly 50 independent budgets that encompass both the department’s Operating expenses as well as the Outside Counsel expenses. 

In addition, the role will assist with a variety of department operations including Outside Counsel strategy, third party risk management, disbursement authorizations, real estate management, and other operations functions for efficiency and cost optimization. The candidate will work closely with LCBE leadership including SLT members, as well as our Finance department, Human Resources, and other corporate functions.

The ideal candidate will be very comfortable with financial data and analytics and can identify opportunities for new ways of working that improve processes and overcome potential operational or financial challenges.  He/she must develop effective partnerships with other corporate functions including Finance, Human Resources, Sourcing & Procurement, and Corporate Real Estate, as well as ensure strong working relationships with the leaders of each functional Law and Compliance area.  The candidate must also have the utmost integrity and ethics in handling sensitive and confidential data, a strong moral compass, and solid judgement.

The current EWA for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

What you can expect:

• Preparation and detailed analysis of the department’s financial plans, budgets, forecasting and ongoing monitoring and reporting.  These activities will help LCBE monitor their financial standing and identify potential opportunities and risks. 


• Regular monitoring and updating of the department’s operating expenses including internal staffing and outside counsel.  Reporting to department leadership on status of same. 


• Ownership of updates needed to the organization hierarchy, department codes, and cost center codes that impact effective expense management and business unit allocations.  Collaboration with HR and Finance on alignment of same.


• Support the Outside Counsel strategy on when and how external firms are engaged most efficiently and cost effectively.  Includes liaising with more than 100 department attorneys and outside counsel firms.  Also includes the operations associated with outside counsel matter management, invoice processing and wire transfers, and vendor contracts.


• Ability to leverage technology platforms that produce expense reporting, including training and guidance to department leaders on use of same.


• Ownership for the LCBE “Fact Sheet”, the department’s global statistics on staffing, for use by the General Counsel for industry benchmarking assessments, speaking engagements and media inquiries.  Includes data collection, input, and validation.


• Assisting the Third Party Risk Management manager to support outside counsel and lobbying firms’ vendor governance procedures.


• Coordination with Corporate Real Estate on workspace and real estate needs of the department including host and non-host properties.


• Coordination with Sourcing & Procurement on the Enterprise Disbursement Authorization Requirements necessary for LCBE and management of new authorization requests.


• Understanding and application of enterprise or departmental policies that impact LCBE operations such as the attorney licensing policy and DAR signing authority, among others.


• Flexibility and comfort with new or changing project assignments, given the role adapts to client needs and Enterprise changes to the operating model and expense management practices.

What you’ll need:

• Bachelor’s Degree, with 5+ years of total work experience.


• Deep understanding of corporate expense management practices and budgets.


• Exceptional Excel skills with strong attention to detail.  Comfort and enthusiasm to manage large data sets, develop reporting, and analyze potential risks and opportunities.


• Proven capacity to think creatively and reengineer existing processes to solve challenges or drive improvements.


• Accountability for completion of assigned deliverables with minimal oversight.


• Comfort in dealing with all management levels and ability to influence others.

It’d be a plus if you had:

• Understanding of legal operations or past experience working within a law firm or corporate law department.


• Familiarity with existing Law technology platforms including TeamConnect and iManage.

Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

At Prudential, you can:

Take charge of your career.  We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services including 1:1 Career advice, on demand resources and networking to propel your career forward.

We’re a global organization, full of outstandingly dedicated people who aren’t afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

What we offer you:

• 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


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  Retirement plans:
  
  
  • 401(k) plan with company match (up to 4%)
  
  
  • Company-funded pension plan
  
  
  
  


• 
  Wellness Programs to help you achieve your wellbeing goals, 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.


• 
  Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.


• 
  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.

To find out more about our Total Reward 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.

#LI-HYBRID

Note: 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 $90,100.00 to $134,100.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. 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. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

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

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. 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. 

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

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.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.