Job Description
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:
• Support the development and embedding of the Enterprise Risk Management Framework, aligned to risk strategy and the company's objectives
• Develop and lead on enterprise risk reporting, providing risk transparency and support senior leadership decision making
• Deploy knowledge of Enterprise Risk Management concepts including risk appetite and tolerance, risk indicators, emerging risks, risk reporting
• Develop monitoring and reporting of enterprise risk exposures across risks, controls and issues
• Partner with a wide variety of stakeholder groups across first (business and control groups) and second line (compliance, finance etc) to collaborate and drive program outcomes
• Develop enterprise risk training and awareness programs
• Develop framework documentation (policies, procedures) and related workflows for the GRC system, to drive ERM and stakeholder objectives
• Drive data quality, data led views of metrics and risk reporting on exposures
• Stay informed on risk industry and educational/development opportunities
• Use Governance Risk and Compliance (GRC) tools to evidence risk management, monitoring, measurement, and reporting within the division
• Follow up on gaps, Incidents and Remediation plans that require actions for respective business units
You'll need to have:
• 5-7 years 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
• Understanding of risk management frameworks, such as COSO
• Prior experience in either a 1st or 2nd line of defense capacity
• Self-starter, with the ability to work independently on certain matters and a positive work attitude
• 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
• Enthusiastic, self-motivated, and able to thrive in a dynamic, fast paced environment
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
• Someone who is operating at either an Assistant Vice President or Vice President level/or equivalent at their current firm
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/
💡 Quick Summary
Seeking a career-building opportunity? The Risk Management Officer - Bloomberg position is now open for candidates interested in the Bank Jobs sector. This role in New York City offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
