Risk Management Data Analyst (Trainee) – Financial Sector

🏢 Prudential Financial📍 Somerset, NJ, United States💼 Full-Time💻 On-site🏭 Financial Services💰 55000-70000 per year

About the Company

Prudential Financial, Inc. is a global financial services leader and a top 10 individual life insurance provider in the U.S. With over 145 years of experience, we help individual and institutional customers grow and protect their wealth. Our diverse and inclusive culture fosters innovation, teamwork, and continuous learning, providing ample opportunities for professional growth. Join a company committed to making a positive impact on our customers’ lives and the communities we serve.

Job Description

We are seeking an enthusiastic and highly motivated individual to join our team as a Risk Management Data Analyst (Trainee) within the Financial Sector. This is an entry-level position designed for individuals with little to no prior experience, offering comprehensive training and mentorship to develop expertise in financial risk management and data analysis. You will be instrumental in supporting our risk management strategies by collecting, analyzing, and interpreting financial data, helping to identify potential risks and inform strategic decisions. This role provides a unique opportunity to kick-start your career in a dynamic and critical area of the financial industry.

Key Responsibilities

  • Participate in extensive training programs to understand financial risk management principles and data analysis techniques.
  • Assist in the collection, validation, and maintenance of large financial datasets from various sources.
  • Learn to use specialized software and tools for data analysis and risk modeling.
  • Support senior analysts in preparing reports and presentations on risk exposures and trends.
  • Help identify data discrepancies and contribute to data quality improvement initiatives.
  • Collaborate with cross-functional teams to understand data requirements and reporting needs.
  • Contribute to the documentation of data processes and risk methodologies.
  • Stay updated on industry best practices and regulatory requirements related to financial data and risk management.

Required Skills

  • Strong analytical and problem-solving skills.
  • Excellent attention to detail and accuracy.
  • Proficiency in Microsoft Office Suite, especially Excel.
  • Ability to learn new software and systems quickly.
  • Strong verbal and written communication skills.
  • Demonstrated eagerness to learn and grow in a fast-paced environment.
  • Basic understanding of financial concepts is a plus, but not required.
  • Bachelor's degree in Finance, Economics, Mathematics, Statistics, Computer Science, or a related field, or equivalent practical experience.

Preferred Qualifications

  • Familiarity with data visualization tools (e.g., Tableau, Power BI).
  • Exposure to programming languages like Python or R for data analysis.
  • Understanding of basic statistical concepts.
  • Experience with database queries (e.g., SQL) in academic projects or internships.
  • Ability to work effectively both independently and as part of a team.

Perks & Benefits

  • Competitive entry-level salary.
  • Comprehensive health, dental, and vision insurance.
  • 401(k) retirement plan with company match.
  • Paid time off and holidays.
  • Extensive training and professional development programs.
  • Tuition reimbursement for approved courses.
  • Mentorship opportunities with industry experts.
  • Employee assistance program.
  • On-site fitness center and wellness programs (at select locations).

How to Apply

If you are interested in this position, please click the "Apply Now" button below. To ensure your application is properly considered, please prepare the following:

  • An up-to-date Resume or CV
  • A brief cover letter summarizing your experience and motivation

Applications are reviewed on a rolling basis. Only shortlisted candidates will be contacted for an interview.

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