Control Manager - New York, United States - Bloomberg

Bloomberg

Verified Company

New York, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

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?

Robust risk management is an ongoing point of differentiation and strength for Bloomberg as the expectations of regulators, clients, and other external partners continue to evolve.

We are looking for a Controls Manager who will develop a deep understanding of our products and services, our strategy and our value drivers and be able to identify and differentiate those activities and processes most critical to our strategic goals.

The Controls Manager will be jointly accountable with business management for the development and maintenance of a strong and consistent controls environment encompassing those activities as well as represent the business across multiple firmwide risk programs, including Operational Resilience.

The First Line Control Manager role is responsible for executing risk management processes and control evaluations within the business, including but are not limited to conducting risk assessments, testing the controls, identifying and reporting risks and issues, and monitoring adherence to risk management policies and procedures.

We'll trust you to:

Act as an advisor to business partners within and outside of HR in assessing risk and identifying appropriate controls for inscope activity
Support the periodic evaluation of the operating effectiveness of controls, including planning, stakeholder management, and reporting results
Develop a deep understanding of existing workflows, technologies, priorities, and practices; you will review, challenge, and validate existing policies and procedures against industry leading practices
Be responsible for conducting robust and proactive risk assessments on the most critical activities to identify both current and emerging risks; you will collaborate with colleagues to set Key Performance and Key Risk Indicators to create standards and the ability to measure performance towards standards
Engage with internal stakeholders to design, prioritize and build control frameworks and maintain a control inventory, process maps and other documentation, as applicable
Effectively communicate and get buyin from all internal stakeholders related to the control vision, framework, and structure to ensure broad adoption
Develop control testing plans, conduct control testing, report results, monitor control issue remediation as applicable and validate issue closure documentation
Identify areas of training for the HR team and their stakeholders to support embedding a culture of active risk management
Work with Senior Management to assess appetite for risk and provide recommendations accordingly
Provide reporting to senior management and stakeholders on program progress
Develop and maintain strong relationships with those across the broader risk management agenda including Risk Management, Legal and Compliance and Internal Audit
Advance incident and issue management ensuring appropriate tracking and remediation in accordance with action plan(s), validate issue closure documentation for first line owned business identified issue
Monitor emerging industry trends, regulatory changes, and technology advancements to proactively adjust the controls strategy
Engage with external stakeholders to instill confidence in our control systems and policies
Exhibit effective communication and problemsolving skills while leading risk management function toward department's strategic goals and objectives
Liaise as the HR Department's point of contact between department and the Chief Data Office to perform data management and record retention required tasks including record inventory and retention schedule maintenance, update, and records disposal
Coordinate and ensure timely execution or deliverables on Business Continuity Management related matters, including a riskbased business impact analysis, Business Continuity Plan ("BCP"), and Disaster Recovery testing to ensure that the essential functions within HRD are able to continue in the event of an emergency
Oversee and coordinate with all teams within the department to adhere to the Bank's Third Party Risk Management protocols including vendor onboarding, ongoing monitoring, and offboarding, and address relevant issues accordingly
Participate and manage departmental ad hoc projects on an as needed basis