Operational Risk Manager - Electronic Markets (EMkts)
Location
London
Business Area
Accounting and Finance
Ref #
10046869
Description & Requirements
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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.
We'll trust you to:
Risk Framework & Oversight
o Maintain and enhance the risk management frameworks across regulated and unregulated areas of EMkts, ensuring alignment with agreed risk appetite and tolerance.
o Lead delivery of core risk programmes, including Risk & Control Self-Assessment (RCSA), scenario analysis, stress testing, and ICARA assessment.
o Identify, assess, and monitor risks across EMkts 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 Manage 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 EMkts, 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.
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.
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