Risk Specialist - Bloomberg Index Services Limited
Bloomberg
New York, NY, USA
Posted on Jun 26, 2025
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration.
Bloomberg’s index team has a proven track record in creating industry leading and bespoke indices across asset classes, including best in class fixed income and commodity indices. Bloomberg Index Services Limited (BISL) takes an innovative approach to delivering strategic benchmarks that help market participants address their evolving needs. As an integral part of Bloomberg, BISL has access to a comprehensive range of trusted data and reliable technology for calculations, analytics and workflow automation, along with distribution capabilities that can help amplify the visibility of our customers’ products.
Bloomberg Indices is seeking a highly motivated and driven Risk Specialist to support Bloomberg's regulated index business, Bloomberg Index Services Limited (BISL). BISL is in a growth stage and it is an exciting time to join the team to take our index business to the next level.
As a Risk Specialist, you will be trusted to operate parts of BISL’s risk framework and to collaborate across BISL partners and the wider Bloomberg enterprise to support and enhance the BISL risk management program.
We'll trust you to:
- Step into the fast-paced day-to-day business environment and acquire an understanding of the objectives of the business and existing processes
- Support BISL’s Chief Risk Manager in operating and improving BISL’s risk framework to identify, assess, measure, respond to and report risks
- Collaborate with Engineers, Index Product and Index Production to develop risk-based control testing plans and perform periodic control testing
- Engage with stakeholders across BISL functions to develop risk metrics that will enable effective risk and control monitoring
- Compile management information on risks to existing governance and oversight bodies, including the Board
- Support, periodic risk assessments across various business processes
- Map out processes and identify key dependencies, risks, controls, and issues as well as rank them, with input from BISL management, based on impact and probability
- Manage risk related information in the firm’s GRC tool
- Help with the creation of Risk Committee materials and meeting minutes
- Coordinate and contribute to the review of BISL policies and procedures and the drafting of new ones as required
- Support the development and delivery of risk management training
- Collaborate with the Enterprise Risk Management teams to ensure that the BISL risk framework is implemented in alignment with industry best practice
You'll need to have:
- 5+ years of experience in Risk Management, Index Operations, Index Product OR Index Compliance
- Bachelor’s Degree or higher in Finance, Economics, Information Systems, or related discipline
- Baseline understanding of information technology concepts and operations
- Strong analytical and problem-solving skills and attention to detail
- Ability to simplify difficult concepts and challenges by thinking analytically
- Enthusiastic, self-motivated, and effective under pressure
We’d love to see:
- Experience with Risk Management Systems
- Project Management experience
- Experience in risk assurance activities
- Ability to visualize Management Information (MI)
If this sounds like you, please apply!