Job Classification:

Finance & Accounting - Finance & Accounting

Prudential was founded on the belief that financial security should be within reach for everyone. It’s a challenge we’ve embraced for more than one hundred and forty years. A strong sense of social responsibility has remained embedded in the company, guiding our efforts to help people now and in future generations achieve peace of mind and a more secure future.

In keeping with that tradition, Prudential strives to be a catalyst for meaningful, authentic and positive change to achieve shared prosperity for individuals and communities in the United States and around the world. Prudential annually invests more than $40 million in strategic grants and contributions to develop long-term partnerships that strengthen communities and create pathways for all to achieve financial and social mobility.

Prudential’s Social Responsibility team is responsible for the development and implementation of the company’s philanthropic and employee community engagement strategies which are focused on driving social impact in the following areas:

• Help individuals, workers and families build financial security and wealth by testing and scaling asset building pathways.
• Create thriving and vibrant local communities by advancing equitable development and economic mobility, particularly in our home city of Newark.
• Strengthen communities and nonprofit organizations through employee community engagement programs and capacity building initiatives.
• Support disaster relief and recovery efforts for emergencies, natural disasters and humanitarian crises.
   

The team seeks a Manager to serve as a Program Officer in the Inclusive Communities portfolio to support the company’s philanthropy strategy in advancing inclusive economic growth in Newark, NJ. This place-based portfolio invests in partnerships that drive economic vitality and financial prosperity. The ideal candidate has experience serving as a Program Officer or working in the nonprofit sector to advance economic opportunities.

The current employee work arrangement 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:

• Support the Inclusive Communities portfolio by sourcing, evaluating, and structuring strategic partnerships with nonprofits to foster inclusive economic growth and expand economic opportunity for residents.
• Conduct grant proposal reviews, including programmatic, financial, and strategic due diligence, and evaluate grant progress based on written grantee reports or site visits.
• Develop funding recommendations and prepare written and oral evaluations and recommendations for approval.
• Provide strategic management of nonprofit grantee relationships through regular communication, discussing challenges in meeting deliverables and providing technical assistance to grantees in execution of their grant deliverables.
• Support the Director in establishing funding priorities and allocating the annual budget among grant applicants.
• Support the measurement, evaluation and communication of impact metrics for the place-based portfolio, including data collection, analysis, reports and dashboards.
• Research, develop, and present ideas for strategic initiatives designed to positively contribute to Prudential’s social impact strategies.
• Represent the Inclusive Communities team on cross-functional initiatives.
• Prepare internal and external communication materials such as board reports, issue briefs, websites, speeches, and press releases.
• Represent Prudential at both internal and external events, and stakeholder convenings.
• Collaborate in robust measurement and evaluation efforts.
• Assist in other projects as needed.
   

What you'll need:

• Bachelor's degree preferred.
• A minimum of 3-5 years of work experience, demonstrating increasing responsibility.
• Subject matter knowledge around economic mobility and economic development a plus.
• Solid understanding of nonprofit and philanthropic communities, organizational structures, and challenges; knowledge of grantmaking a plus.
• Excellent writing, communications, and project management skills with a proven track record of writing and presenting to a wide range of audiences.
• Proven ability to work collaboratively across multiple stakeholders and proactively cultivate relationships with internal and external partners.
• Demonstrated ability to think strategically across a range of social impact issues and topic areas.
• Strong organizational skills, attention to detail and ability to prioritize.
• Sound judgment and problem-solving skills with a commitment to continual learning.
• Strong analytical and critical thinking skills; nonprofit financial analysis skills a plus.
• Proficiency in Microsoft Word, Excel, Outlook, and PowerPoint and the ability to adapt to new software quickly.
• Some travel required.

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 $107,300.00 to $166,400.00. 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.