CRO - Risk Officer - Frameworks , NY Posted

CRO - Risk Officer - Frameworks

Location

New York

Business Area

Legal, Compliance, and Risk

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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.

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 the 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.

• Lead on development and embedding of the Enterprise Risk Management Framework, aligned to risk strategy and the company’s objectives
• Provide deep subject matter expertise across all aspects of Enterprise Risk Management
• Expertise in Risk appetite and Tolerance and key risk and performance indicators
• Develop and monitor the emerging and external risk landscape, and the impact across business areas
• 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 and lead on enterprise risk reporting, providing risk transparency and support senior leadership decision making
• Developing framework documentation (policies, procedures) and related workflows for the GRC system, to drive ERM and stakeholder objectives
• Knowledge and expertise in Risk Events
• 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
• Develop and implement advanced risk management frameworks over time (enterprise scenarios, stress testing etc)
• Developing and implementing risk maturity assessments

• 10+ 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 to guide organizational change and…