Bloomberg Jobs

Risk Manager - Core Product - Chief Risk Office

New York, NY

Posted May 22, 2024 - Requisition No. 125534

The energy of a newsroom, the pace of a trading floor, the buzz of a recent tech breakthrough; we work hard, and we work fast - while keeping up the quality and accuracy we're known for. It's what keeps us inventing and reinventing, all the time. Our culture is wide open, just like our spaces. We bring out the best in each other through collaboration. Through our countless volunteer projects, we also help network with the communities around us, too. You can do amazing work here. Work you couldn't do anywhere else. It's up to you to make it happen.

What's the role?

Bloomberg's Chief Risk Office (CRO) Department plays a critical role in supporting our businesses and operations around the world. We move quickly and thoughtfully to help address risks that are inherent with being the world's leading financial news and information company. Our team is made up of talented and hardworking professionals who think creatively and work collaboratively in an open environment to deliver results, drive innovation, and solve difficult problems. Diversity and inclusion are essential to our success, and we strive to maintain an environment where our employees are empowered to make an impact. We also recognize the value of diversity and inclusion in cultivating a supportive workplace and the importance of giving back to our communities.

The CRO team provides coverage of both Bloomberg's regulated entities and products, and Bloomberg's non-regulated products and services. Our focus is to address risks and related issues by providing risk management as a service, focusing on providing and delivering value to help businesses and departments thoughtfully incorporate risk into decision making.

The CRO collaborates with other functions, including Legal and Compliance, Finance, Operational Resilience and Internal Audit, to provide centralized risk frameworks, processes, tools, training and advisory services to businesses and departments. In addition, we are responsible for risk reporting to firm-wide partners and senior management.

In an increasingly regulated global economic environment, we are looking to grow our team, seeking highly experienced Risk professionals.

We'll trust you to:

• Become an integral part in the growing risk function and help evolve the risk management program at Bloomberg

• Partner with Bloomberg’s Core Product leadership team and Control Management team to identify, measure, and analyze risks within the business

• Liaise with stakeholders to capture key business processes, document changes in the business environment, communicate requirements, escalate issues, and advise decision making regarding risk mitigation activities

• Support the Enterprise Risk Management team in delivering its strategy and service model, including educating and training stakeholders on the risk management framework and industry practices

• Drive program and process level risk assessments, monitor risk data and metrics to identify trends, patterns, and areas for improvement, and collaborate with cross functional teams to implement risk mitigation measures

• Develop and maintain strong relationship with key partners supporting the risk management agenda, including product, control management, legal and compliance, and internal audit

• Stays informed on risk industry and educational/development opportunities

You’ll need to have:

• 10+ years* of experience in risk management

• Bachelor's Degree or higher in Finance, Economics, Information Systems, or related discipline

• Knowledge of financial markets, instruments, and trading lifecycle

• Great collaboration skills with the ability to partner and advise across all levels

• Proven intellectual curiosity through professional training, advanced degree or professional impact

• Prior experience in either a 1st or 2nd line of defense capacity

• Excellent time management skills and ability to deliver work on assigned schedules

• Strong analytical and problem-solving skills to act decisively and independently to resolve sophisticated issues

• Ability to simplify difficult concepts and challenges

• Excellent oral and written communication skills and efficiency of operating across a multitude of levels

We'd love to see:

• Individuals who are passionate about all things Risk and are genuinely excited about playing their part in helping build a best-in-class program

• Self-starter, with the ability to work independently with minimal guidance and a positive work attitude

• Strong business acumen and excellent communication skills

Does this sound like you?

Apply if you think we're a good match. We'll get in touch to let you know that the next steps are, but in the meantime feel free to have a look at: https://www.bloomberg.com/company/what-we-do/

Bloomberg is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of age, ancestry, color, gender identity or expression, genetic predisposition or carrier status, marital status, national or ethnic origin, race, religion or belief, sex, sexual orientation, sexual and other reproductive health decisions, parental or caring status, physical or mental disability, pregnancy or maternity/parental leave, protected veteran status, status as a victim of domestic violence, or any other classification protected by applicable law.

Bloomberg provides reasonable adjustment/accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable adjustment/accommodation to apply for a job or to perform your job. Examples of reasonable adjustment/accommodation include but are not limited to making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment. If you would prefer to discuss this confidentially, please email AMERrecruit@bloomberg.net (Americas), EMEArecruit@bloomberg.net (Europe, the Middle East and Africa), or APAC_recruit@bloomberg.net (Asia-Pacific), based on the region you are submitting an application for.

Salary Range: 190,000 - 240,000 USD Annually + Benefits + Bonus

The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level.

We offer one of the most comprehensive and generous benefits plans available and offer a range of total rewards that may include merit increases, incentive compensation [Exempt roles only], paid holidays, paid time off, medical, dental, vision, short and long term disability benefits, 401(k) +match, life insurance, and various wellness programs, among others. The Company does not provide benefits directly to contingent workers/contractors and interns.