Operational Risk Specialist – Electronic Markets
Job Summary
Description & Requirements
Operational Risk Manager Electronic Markets
London
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 were known for. Its 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 couldnt do anywhere else. Its up to you to make it happen.
Whats the role
Bloombergs Electronic Markets business delivers a powerful fully integrated trading ecosystem that enables clients to execute complex workflows directly through the Bloomberg Terminal. From order entry and trade execution to allocation and post-trade analytics (including trade cost analysis) Electronic Markets connects buy-side and sell-side systems such as AIM and TOMS allowing clients to manage their multi-asset trading lifecycle within a unified data-rich environment.
We are looking for an Operational Risk Manager to join our London team as part of a global function dedicated to strengthening governance risk and control frameworks across Electronic Markets. This role will play a critical part in safeguarding the effectiveness of our operating environment supporting continuous improvement and driving strong cross-functional collaboration across Business Technology and Compliance teams.
Well trust you to:
Risk Framework & Oversight
o Maintain and enhance the risk management frameworks across regulated and unregulated areas of Electronic Markets ensuring alignment with agreed risk appetite and tolerance.
o Support the execution and enhancement of risk programmes including Risk Events Risk & Control Self-Assessment (RCSA) scenario analysis stress testing and ICARA assessment.
o Identify assess and monitor risks across Electronic Markets workflows delivering actionable insights to senior management and governance forums.
Control Environment & Monitoring
o Oversee incident management processes ensuring lessons learnt and remediation plans are effectively embedded.
o Monitor key risk indicators (KRIs) providing clear and insightful reporting on trends emerging issues and areas requiring management action.
o Analyse end-to-end processes to identify control gaps or deficiencies and partner with stakeholders to design practical sustainable solutions.
Governance Compliance & Reporting
o Partner with Business Technology and Compliance to ensure that controls and processes remain aligned with regulatory and legal requirements
o Provide transparent data-driven risk reporting to senior stakeholders and committees
o Support the oversight of third-party vendors and outsourced service providers ensuring performance and risks are effectively controlled.
Collaboration & Advisory
o Promote a strong risk culture across Electronic Markets embedding awareness and accountability in day-to-day operations and strategic initiatives.
o Act as a trusted advisor to stakeholders ensuring risk considerations are factored into decision-making change initiatives and product development.
o Partner with Business and Technology teams to ensure business continuity disaster recovery and resilience testing are regularly conducted and lessons applied.
Youll need to have:
Minimum 4 years experience in non-financial risk management in 1LOD or 2LOD roles
Bachelors Degree or higher in Business Finance Information Systems or related discipline
Experience in oversight of operational risks profiles inc. 3rd party vendor and outsourcing risk technology and information security risk
Sound understanding of financial services products electronic trading and related workflows
Strong knowledge of the UK and European regulatory landscape with the ability to apply regulatory requirements to complex trading workflows
Excellent communication and presentation skills with the ability to influence and engage stakeholders at all levels
Strong analytical and problem-solving skills with the ability to interpret complex information and translate it into practical solutions
Collaborative proactive and adaptable approach with the ability to navigate competing priorities in a dynamic environment
Wed love to see:
Relevant professional certifications such as FRM PRM CFA
Experience in committee governance
Familiarity with data analytics or visualization tools to enhance risk reporting and insights.
Does this sound like you
Apply if you think were a good match. Well get in touch to let you know what the next steps are but in the meantime feel free to have a look at: indicated please note that years of experience are a guide; we will consider applications from all candidates who can demonstrate the skills necessary for the role.
Required Experience:
IC
About Company
Bloomberg is the world's primary distributor of financial data and a top news provider of the 21st century. A global information and technology company, we use our dynamic network of data, ideas and analysis to solve difficult problems every day. Our customers around the world rely on ... View more