Regulatorypliance Practices Officer Our Team:
Bloomberg's Legal &pliance Department plays a critical role in supporting our businesses and operations around the world. We move quickly and thoughtfully to help address a variety ofplex issues thate with being the world's leading financial news and informationpany. Our team is made of 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. We also recognize the value of diversity and inclusion and the importance of giving back to ourmunities as evidenced by our award-winning pro bono program.
The Globalpliance team provides coverage of Bloomberg's regulated entities and products, including support for Bloomberg's non-regulated products and services. We work to address regulatory issues, ensurepliance with current/developing rules and regulations, and correspond with regulators. We are currently looking for an experienced person to work with our Globalpliance Practices team.
What's The Role?
As apliance Officer on ourpliance Practices team, you will work withpliance colleagues, as well as key Legal, Risk, and Business partners, in delivering apliance Risk Management Program (Program) and contributing to key regulatory initiatives. The role focuses on leading and supporting the pillars of thepliance Risk Management Program such as risk assessment, issue management, regulatory mapping, regulatory change management/horizon scanning andernance and reporting, which are key processes and tools used by our department to help businesses and departments thoughtfully incorporate risk into decision making. The role will also include leading or supporting strategic regulatory projects across multiple businesses, regions, and regulatory topics - which is a unique opportunity for broad exposure across thepany's businesses and regulatory-related controls. As part of risk management practices, you will identify and escalate top and emerging risks to senior management and topliance management.
We'll Trust You To:
1. Being a thought-leader and team player on the subject ofpliance Risk Management, by contributing to variouspliance Practices program pillars such as Risk Assessment, Issue Management,ernance and Reporting (including key metrics), Regulatory Program Management, etc.;
2. Leading the global Regulatory Change Management pillar by enhancing the protocol for monitoring, tracking and related trigger events;
3. Leading the EMEA Regulatory Mapping of various businesses and activities by overseeing and/or conducting the mapping of applicable regulatory obligations to risks, controls and policy documents for all the regulated entities in EMEA, and its subsequent maintenance;
4. Leading specific regulatory projects/programs, for example change management efforts toply with new regulations or regulatory-related control enhancements, as directed by the Global Head ofpliance Practices and thepany's Chiefpliance Officer, among others;
5. Providing subject matter expertise and knowledge of relevant risk trends, monitor and analyze regulatory risks within our business units, applying good judgement when evaluating both the risk and controls framework and presenting directly to senior management;
6. Partnering with our Risk andpliance Shared Services (RCSS) team with other elements of thepliance Risk Management Framework such aspliance policies, training, control testing and regulatory engagements;
7. Working closely with business units to conduct an in-depth analysis of key processes, which may include documentation of process flows, policy & procedure review, and stakeholder interviews;
8. Thoughtfully challenging the first line of defense on the identification and mitigation of risks, and the adequacy of controls; and
9. Staying informed on risk industry and educational/development opportunities.
You'll Need To Have:
10. Minimum 10+ years of experience withpliance, Legal, and/or Risk Management;
11. Substantial expertise in risk management frameworks and practices (, COSO) and experience with project / program management;
12. Understanding of regulatory risk management, internal controls, and root cause analysis;
13. Knowledge of financial markets, instruments, and trading lifecycle;
14. Strong verbal and writtenmunication skills, with an ability to presentplex subject matter in a concise and straightforward way;
15. Ability to work in a dynamic environment, building and maintaining a network of contacts, and coordinating with several partners across ourpany to influence and drive thepliance Risk Management program forward;
16. Self-starter, with the ability to work independently with minimal guidance and to deliver work within agreed timelines;
17. Enthusiastic, self-motivated, and effective under pressure;
18. The ability to work creatively and efficiently, to assist with building a program that's deeply practical, risk-focused, and conscious of business and control partners' needs;
19. Strong team player skills in order to guide organizational change and collaborate with key partners across various levels; and
20. Strong analytical and problem-solving skills to act decisively and independently to resolve sophisticated issues.
*Please note we use years of experience as a guide but we certainly will consider applications from all candidates who are able to demonstrate the skills necessary for the role.
We'd love to see:
21. A passion about all things Risk and are genuine excitement about helping to build a best-in-class program.