{"id":37315,"date":"2024-07-03T15:51:16","date_gmt":"2024-07-03T19:51:16","guid":{"rendered":"https:\/\/www.bloomberg.com\/company\/stories\/unlocking-opportunity-a-focus-on-risk-management-careers-at-bloomberg\/"},"modified":"2024-07-03T15:51:16","modified_gmt":"2024-07-03T19:51:16","slug":"unlocking-opportunity-a-focus-on-risk-management-careers-at-bloomberg","status":"publish","type":"post","link":"https:\/\/www.bloomberg.com\/company\/stories\/unlocking-opportunity-a-focus-on-risk-management-careers-at-bloomberg\/","title":{"rendered":"Unlocking opportunity: A focus on risk management careers at Bloomberg"},"content":{"rendered":"<div class='bbg-row bbg-bg--white  bbg-row--margin-top-none bbg-row--margin-bottom-compact' data-anchor='row-69fe9d3d960ad'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\">\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-2'>\n\t\n<\/div>\n<div class='bbg-column bbg-column--width-8'>\n\t<div class='bb-wysiwyg'>\n    \n    <p>Today\u2019s corporate environment requires businesses to balance the needs of a fast-moving market, an increased reliance on technology, and a constantly evolving regulatory environment. As no business can operate without risk, a strategic and proactive Risk Management program is essential to achieve growth.<\/p>\n<p>Bloomberg\u2019s Chief Risk Office plays a critical role in supporting our global businesses and operations, as well as identifying, managing, and monitoring our exposure as it assists business leads and senior management to make informed business decisions.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-row--margin-top-none bbg-row--margin-bottom-compact' data-anchor='row-69fe9d3d97b26'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\">\n\t\t\n\t\t\t<div class='bbg-column'>\n\t<div class='interstitial' data-element='interstitial-component'>\n\t<div class='interstitial-blue_border_design interstitial-bg-white'>\n\t\t<div class='interstitial-blue_border_design__rest bbg-column--width-7'>\n\t\t\t<p class='interstitial-blue_border_design__the_title interstitial_title'>Make it happen here.<\/p>\n\t\t\t<p class='interstitial-blue_border_design__text interstitial_text'><\/p>\n\t\t<\/div>\n\t\t<a class='interstitial-blue_border_design__link interstitial__link bbg-column--width-3 bbg-button bbg-button--size-large' href='https:\/\/bloomberg.avature.net\/en_US\/careers\/SearchJobs?utm_medium=mktg_site&utm_content=company_interstitial&utm_source=website' target='_blank' rel='noopener noreferrer' data-element='interstitial' data-description='' data-label='SEARCH NOW' data-element-position='[@data-element-position]'>SEARCH NOW<\/a>\n\t<\/div>\n<\/div>\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n<div class='bbg-row bbg-bg--white  bbg-row--margin-top-none bbg-row--margin-bottom-compact' data-anchor='row-69fe9d3d9901a'>\n  \n\t\n\t\n\t<div class=\"bbg-row--content\">\n\t\t\n\t\t\t<div class='bbg-column bbg-column--width-2'>\n\t\n<\/div>\n<div class='bbg-column bbg-column--width-8'>\n\t<div class='bb-wysiwyg'>\n    \n    <h2>A strategic expansion<\/h2>\n<p>The Bloomberg Risk team is directly responsible for enterprise and vendor risk management, with a strong focus on information security, data privacy, and operational risk. The team is made up of a diverse array of backgrounds and offers a unique opportunity for collaborative professionals to work at the cutting edge of finance and technology.<\/p>\n<p>Bloomberg\u2019s Risk Advisory and Risk Practices teams, which sit within Enterprise Risk Management, are tasked with support and oversight of a department\u2019s and business unit\u2019s frameworks, policies, and tools. In conducting thematic assessments of both internal and external events, providing challenges to product\/function, and measuring and reporting on aggregated risks, the teams have consistent contact with senior leaders and the Management Committee.<\/p>\n<p>\u201cThe work we do is anchored in protecting the firm from unwanted or unmanaged risks,\u201d explains Howard Ma, Team Lead for Risk Advisory in New York City. \u201cWe ensure that our colleagues running the business and its functions have the necessary tools, technology, and guidance to identify, measure, assess, and mitigate risks to an appropriate level.\u201d<\/p>\n<p>Much of the work these teams perform comes in the form of high-profile projects that require collaboration, innovative thinking, and an ability to hit the ground running. \u201cBecause we have our own standards, work requires you to think on your feet and think outside the box,\u201d says Anushree Singh, a Senior Risk Manager in the Risk Practices department. \u201cHaving a background in Risk \u2013 primarily in the banking sector \u2013 equipped me to thrive on projects that require creative problem-solving skills.\u201d<\/p>\n<p>It\u2019s that type of environment that has interested Bloomberg\u2019s Risk professionals in navigating this journey.<\/p>\n<p>\u201cBloomberg is an organization made up of a wide range of products, each with an enormous level of complexity,\u201d says Srikanth Padmanabhan, Team Lead for Risk Advisory in London. \u201cThe average day at Bloomberg is extremely dynamic. There is a huge regulatory focus on operational resilience at the moment, so that takes up a lot of my time, but it makes things exciting.\u201d<\/p>\n<p>\u201cYou immediately have the opportunity to exercise a lot of influence,\u201d Padmanabhan continues. \u201cBloomberg is a flat organization, so it is up to you to be proactive about making interventions, giving advice and getting yourself in front of senior management.\u201d<\/p>\n<p>Singh agrees with her colleagues\u2019 assessments. \u201cUnlike a hierarchical organization, you function as a true leader. You are a leading voice to colleagues and management alike with ample opportunity to ensure the organization collectively stays on track to efficient, always improving processes.\u201d<\/p>\n<p>In addition to internal forces keeping work dynamic, the team also keeps a vigilant eye on external risks. Ma mentions the excitement associated with defining the fundamentals of Bloomberg\u2019s approach to risk in the age of AI stating: \u201cWe are thinking about how the risk program will sustainably serve the firm while it navigates and innovates in a rapidly changing environment.\u201d<\/p>\n<p>Ma, Singh, and Padmanabhan agree that embracing the people-centric and future-focused nature of Bloomberg is critical to seeing success, something that makes the prospect of continuing a career at the company compelling.<\/p>\n<p>\u201cBloomberg wants to push you. You are constantly posed challenges and given opportunities to influence and have significant impact. The career path here is all about engaging across the firm and taking chances to grow professionally.\u201d<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\t\t\n\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg\u2019s Chief Risk Office plays a critical role in supporting our global businesses and operations, as well as identifying, managing, and monitoring our exposure as it assists business leads and senior management to make informed business decisions.<\/p>\n","protected":false},"author":204,"featured_media":37317,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[1576],"class_list":["post-37315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-careers","tag-risk"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Unlocking opportunity: A focus on 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