Bloomberg Jobs

Senior Data Privacy Compliance Officer - Legal & Compliance

New York, NY

Posted Jun 11, 2024 - Requisition No. 125883

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 Legal & Compliance Department plays a critical role in supporting our businesses and operations around the world. We move quickly and thoughtfully to help address a variety of complex legal issues that arise across the Company’s various businesses. 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 as evidenced by our award-winning pro bono program.

The Data Privacy Compliance team works closely with our Legal counterparts, business and engineering stakeholders to ensure compliance with current/developing rules and regulations, implement global training and communication programs and monitor privacy risk across the business. Our team also leads privacy product reviews and Data Privacy Impact Assessments, manages responses to data subject rights requests, drafts internal policies and coordinates regional privacy-related regulatory filings.

Based in our New York office, this is a phenomenal opportunity to help the firm to protect the personal data of its users, clients, employees and other third parties. The team has global coverage across the wide variety of products and services that Bloomberg offers, from news and media to data services, from content and analytics to electronic trading, in a fast-paced and dynamic environment. Bloomberg has a presence in a large number of jurisdictions across the world, and as such the data privacy landscape is complex and ever evolving, encompassing GDPR requirements as well as local laws and regulations.

We’ll trust you to:

• Support the implementation of the Privacy Program, ensuring Bloomberg meets its legal, regulatory, and reputational responsibilities

• Support, and at times lead the team, on specific regulatory Compliance projects /initiatives for privacy, for example, the mapping of applicable regulatory obligations to risks, controls, controls testing and policy documents

• Provide strong subject matter expertise to, and lead the Data Subject Request Management pillar of the program by ensuring a robust process is in place to address requests, assuring the quality and timeliness of responses, refining KPIs, and continue to enhance the protocol for the intake, monitoring and tracking of requests

• Lead the Data Privacy Impact Assessment (DPIA) pillar of the program by enhancing the process for DPIAs and enhancing the workflow for the intake, monitoring and tracking of assessments, as well as developing key metrics

• Support the team in partnering with the business and support functions to conduct analyses of the key personal data processing of their areas, including documentation of data flows, processes and procedures

• Provide risk and controls knowledge to the team on identification of risks and controls to address privacy requirements and translate them into guidelines to improve business compliance

• Collaborate with the Privacy Legal team to translate legal requirements into privacy program deliverables and processes

• Develop and implement policies and procedures for privacy compliance processes in support of our privacy strategy

• Develop and leverage key performance indicators to track, manage, measure and report on metrics across the organization related to key privacy and compliance trends

• Implement appropriate data privacy compliance controls and tools, including working with compliance technology support and other internal functions to make improvements and address any gaps identified

You’ll need to have:

• Minimum 7 years of data privacy Compliance and/or legal experience in-house, at a privacy regulator, a law firm, and/or in the government

• Substantial subject matter expertise in data privacy laws, rules, regulations, and industry standards, including sound working knowledge of EU GDPR as well as expertise in privacy risk and compliance management

• Ability to work independently and effectively manage and prioritize multiple projects simultaneously

• Experience managing people and teams

• Experience in identifying, assessing and calling out risk (across different functions and levels of the business

• Ability to work collaboratively in a fast-paced environment in cross-functional teams, prioritize and meet deadlines

• An ability to advise and influence senior businesspeople on data privacy matters

• Strong stakeholder management experience and skills to collaborate effectively with security and risk professionals, engineers, software developers, product development, Human Resources, and other teams

• Strong communication skills and belief in the effective management of privacy as a key business differentiator and core value

• Excellent presentation and negotiation skills and the ability to thrive in an open office environment and as part of a fast-paced team

• Strong attention to detail and excellent organizational skills

We’d love to see:

• Experience working with and/or within regulated financial institutions, software and other technology companies, media corporations, or large global organizations

• A real passion for being part of a global in-house team and contributing to team knowledge and development

• A track record of operating successfully and contributing to the development of others

• Law degree preferred, but not required

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: 180,000 - 210,000 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.