Description & Requirements
Bloomberg's Electronic Markets (EMkts) 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), EMkts 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 seeking an experienced Operational Risk Manager to join our London team as part of a global function dedicated to strengthening governance, risk, and control frameworks across EMkts. 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.
Risk Framework & Oversight
- Maintain and enhance the risk management frameworks across regulated and unregulated areas of EMkts, ensuring alignment with agreed risk appetite and tolerance.
- Lead delivery of core risk programmes, including Risk & Control Self-Assessment (RCSA), scenario analysis, stress testing, and ICARA assessment.
- Identify, assess, and monitor risks across EMkts workflows, delivering actionable insights to senior management and governance forums.
Control Environment & Monitoring
- Oversee incident management processes, ensuring lessons learnt and remediation plans are effectively embedded.
- Monitor key risk indicators (KRIs), providing clear and insightful reporting on trends, emerging issues, and areas requiring management action.
- Analyse end-to-end processes to identify control gaps or deficiencies, and partner with stakeholders to design practical, sustainable solutions.
Governance, Compliance & Reporting
- Partner with Business, Technology, and Compliance to ensure that controls and processes remain aligned with regulatory and legal requirements.
- Provide transparent, data-driven risk reporting to senior stakeholders and committees.
- Manage oversight of third-party vendors and outsourced service providers, ensuring performance and risks are effectively controlled.
Collaboration & Advisory
- Promote a strong risk culture across EMkts, embedding awareness and accountability in day-to-day operations and strategic initiatives.
- Act as a trusted advisor to stakeholders, ensuring risk considerations are factored into decision-making, change initiatives, and product development.
- Partner with Business and Technology teams to ensure business continuity, disaster recovery and resilience testing are regularly conducted and lessons applied.
You’ll need to have:
- Minimum 8+ years' experience in non-financial risk management in 1LOD or 2LOD roles.
- Bachelor's 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.
- Proven experience executing control design and operating effectiveness assessments.
- Experience in committee governance and executive management on risk matters.
- 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.
We’d love to see:
- Relevant professional certifications such as FRM, PRM, CFA.
- Familiarity with data analytics or visualization tools to enhance risk reporting and insights.