Risk Officer - Enterprise Products (Risk Advisory) - Chief Risk Office

Risk Officer - Enterprise Products (Risk Advisory) - Chief Risk Office Location New York Business Area Legal, Compliance, and Risk Ref # 10046060

Description & Requirements

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 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:

• Monitor and analyze risks within our business units, applying good judgement when evaluating both the risk and controls framework
• Work 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
• Operate as a partner by facilitating First Line of Defense (1LOD) risk execution and partnering on Risk Control Self-Assessment (RCSA) activities
• Successfully identify and recommend risk mitigants including but not limited to the adequacy and efficacy of controls
• Socialize gaps resulting from risk assessments with relevant colleagues and assist with remediation of gaps
• Support an enhanced RCSA process including data collection and reporting
• Monitor and analyzes risk data and metrics to identify trends, patterns, and areas for improvement
• Collaborate with cross functional teams
• Partner with more experienced subject matter experts, increasing your knowledge of relevant risk trends
• Seek to ensure the integrity, completeness, accuracy, and timeliness of risk data
• 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