PRODUCT OWNER & SENIOR COMPLIANCE OFFICER - REGULATORY TECHNOLOGY - LEGAL & COMPLIANCE

Bloomberg; New York (NY); On-site; USD 180,000 - 210,000; Full time

Job summary

A leading company in finance seeks a Product Owner for the Global Compliance Function. The role involves overseeing regulatory technology builds, ensuring compliance, and minimizing regulatory risks. Candidates should have strong analytical, decision-making, and communication skills, along with at least 7 years of relevant experience.

Benefits

Comprehensive benefits plan

401(k) + match

Paid time off

Short and long-term disability benefits

Life insurance

Qualifications

• Minimum of 7 years in product development and compliance.
• Strong grasp of product development principles.
• Experience working with Engineering.

Responsibilities

• Coordinate and oversee regulatory technology builds.
• Develop and drive strategic vision for Compliance Engineering.
• Monitor and benchmark compliance controls against industry standards.

Skills

Analytical skills

Decision-making skills

Communication skills

Education

Bachelor's degree

Job description

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 Legal & Compliance Department plays a critical role in supporting our businesses and operations around the world. We move quickly and thoughtfully to help address a variety of complex legal issues that arise across the Company's various businesses. 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. We also recognize the value of diversity and inclusion in cultivating a supportive workplace and the importance of giving back to our communities as evidenced by our award-winning pro bono program.

The Global Compliance 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, ensure compliance with current / developing rules and regulations, and correspond with regulators. We are currently looking for an experienced person to work with our Compliance team!

As a Product Owner for the Global Compliance Function, you will be responsible for coordinating and overseeing regulatory technology (regtech) builds with Compliance Engineering. In this capacity, you will work closely with Compliance Engineering management and team members, Compliance Advisory teams, along with key stakeholders in other functions such as Electronic Trading Risk and Product, Global Data, and Sales to deliver solutions that strategically evolve and support the Global Compliance Program.

We'll trust you to :

• Help develop and drive a strategic vision for Compliance Engineering work that supports the Global Compliance Program
• Influence Compliance, Engineering, and business leaders to develop solutions that allow Compliance teams to minimize regulatory risk with maximum efficiency
• Have strong awareness of the global financial crimes regulatory landscape and a proactive mindset towards managing and mitigating associated risks
• Monitor and benchmark our control environment against industry best practices for technology that supports financial crimes compliance
• Articulate business requirements and overall prioritization for engineering work through clear, compelling, and concise communication
• Assess, interpret, and discuss regulatory and technical concepts in a clear manner that helps stakeholders make informed decisions
• Approach problems and potential solutions with a data-driven mindset around tooling and underlying information
• Be responsible for managing the sanctions engineering book of work, and support other domains as needed (e.g., Employee Compliance, Client Screening, etc.)
• Collaborate extensively with Compliance Engineering, Financial Crimes Compliance, and other stakeholder groups that play key roles in sanctions processes such as Global Data and Electronic Trading

You'll need to have :

A minimum of 7 years of combined product development and compliance experience

A bachelor's degree

Experience working with Engineering and a solid grasp of product development principles

Exceptional analytical and decision-making skills

Strong communication skills, with an ability to convey complex information in a clear and concise manner to colleagues at all levels

We'd love to see :

Scrum Product Owner certification

Familiarity with defining and tracking objectives and key results (OKRs)

Enthusiastic about product development and a strong desire to collaborate on solving complex problems

A proactive and self-motivated attitude

Does this sound like you?

Apply if you think we're a good match. We'll get in touch to let you know that the next steps are, but in the meantime feel free to have a look at : Bloomberg Company Overview .

Bloomberg is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of age, ancestry, color, gender identity or expression, genetic predisposition or carrier status, marital status, national or ethnic origin, race, religion or belief, sex, sexual orientation, sexual and other reproductive health decisions, parental or caring status, physical or mental disability, pregnancy or maternity / parental leave, protected veteran status, status as a victim of domestic violence, or any other classification protected by applicable law.

Bloomberg provides reasonable adjustment / accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable adjustment / accommodation to apply for a job or to perform your job. Examples of reasonable adjustment / accommodation include but are not limited to making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.

Salary Range : 180,000 - 210,000 USD Annually + Benefits + Bonus. The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education / training and skill level.

We offer one of the most comprehensive and generous benefits plans available and offer a range of total rewards that may include merit increases, incentive compensation [Exempt roles only], paid holidays, paid time off, medical, dental, vision, short and long term disability benefits, 401(k) +match, life insurance, and various wellness programs, among others. The Company does not provide benefits directly to contingent workers / contractors and interns.

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