RISK Implementation Specialist, Enterprise Service, Bloomberg Financial Solutions

RISK Implementation Specialist, Enterprise Service, Bloomberg Financial Solutions

Location
New York

Business Area
Sales and Client Service

Ref #
10044995

Description & Requirements

Bloomberg is a global leader in business and financial information, news and insight, and we use innovative technology to deliver trusted data and bring transparency to the financial markets. Our customers around the globe rely on us for the information and tools they need to make critical investment decisions and remain connected across all sides of the financial community. And, to ensure the best experience for our employees across 176 offices globally, we provide the spaces and systems that allow our teams to work together with agility, productivity and collaboration, no matter where they are.

The Bloomberg Financial Solutions department is at the forefront of ensuring success for our customers and employees alike. Our team comprises several key pillars: sales, service, operations, culture and brand. As a department, we are united by a common goal: We create meaningful relationships with clients by understanding their needs and delivering exceptional end-to-end support from sales and implementation, through their ongoing relationship with Bloomberg.

Our Team
Multiple solutions. One system. Bloomberg's Multi-Asset Risk System (MARS) is a comprehensive suite of risk management tools that deliver consistent, consolidated results across the clients' entire firm. Powered by Bloomberg's world-class pricing library, market data and mortgage cash flow engine, MARS enables front office, risk and collateral professionals to analyze their trading and investment portfolios, manage and mitigate their exposure and ready themselves for any turn of events.

The Risk Implementation team provides our Risk Enterprise clients with exceptional service in full implementation and onboarding. This includes scoping, deployment, and integration of our solutions within the framework of their existing businesses. Risk implementations handle multi-asset portfolio risk products, which include Multi-Asset Risk System (MARS) Front Office Risk, Market Risk, Credit Risk, Counterparty Risk, Hedge accounting, Climate Risk, Collateral management and API.

We partner with Sales and Account Management throughout the sales process to ensure the solution is a fit for our client's needs. We also work with the Products and Engineering teams to ensure the client has an efficient and exceptional onboarding experience.

What's the role?
Individuals on the team will be required to be well-versed in multi-asset classes, have a technical understanding of data flow, risk analytics and strong project management skills. You will need solid relationship management skills and to possess advanced risk product knowledge as well as an in-depth knowledge of cross asset securities pricing and valuation.

During the onboarding phase, you will assist clients in configuring the necessary set up to generate risk analytics and support them in understanding the methodologies underpinning these risk analytics. You will use your strong project management capabilities to coordinate all aspects of the on-boarding process, including working with Sales to analyze a client's workflow, gather client requirements, identify gaps, and propose our solution. You will scope the solution, present it back to the client and communicate requirements to Product teams where we need product development.

You are expected to manage all implementation projects so that they align with our standard procedures, while also ensuring that we provide solutions to fulfill the clients' requirements and their expected timelines. You will onboard clients on the particular risk module from bringing positions into Bloomberg, helping clients to understand the risk analytics, and generating risk reports. You will provide in-depth training and project management, ensuring our new clients are set up to extract the maximum benefit from the products. This is an implementation role and could require travelling occasionally to implement and support clients.

We'll trust you to

• Collaborate extensively with our Risk sales teams to ensure that Risk Enterprise clients are efficiently on-boarded while meeting their requirements
• Collaborate across business units such as: Products, Operation, Services, Engineering, Buy-side Order Management (AIM), Trade Order Management Solutions (TOMS) as well as Portfolio Analytics to deliver the Bloomberg value proposition to clients
• Develop detailed project plans and timelines, driving them to completion through agreement with the client and support from internal teams where necessary
• Own each assigned complex and strategic engagement, acting as the primary day-to-day project management point person working across multiple internal groups and external vendors, driving tasks through to completion within tight deadlines
• Execute the agreed implementation plan to ensure maximum satisfaction for new clients
• Provide feedback to internal business on client needs, competitor intelligence and market trends
• Demonstrated history of solving complex problems with a keen eye for detail and a meticulous level of precision
• Keep up to date with the latest market reforms and our latest product releases, and continue to challenge yourself to find out how our various offerings can resolve client needs

You'll need to have:

• Minimum 5 years of experience in financial modelling of cross asset instruments, including fixed income, equities, FX, Commodities, structured products and OTC derivatives, Derivatives experience is must across various Asset classes
• Prior experience in Portfolio and Risk Management Solutions such as Value At Risk (VaR), Fundamental Review Trading Book (FRTB), Standard Initial Margin Model (SIMM), Counterparty Risk (XVA), and Multi-asset class Market Risk space
• Project management experience working in Buy-side or Sell-side Financial institutions or a Financial Technology Organization in the last 5 years
• Experience in quantitative finance, financial engineering or risk management roles
• Strong presentation and communication skills in English
• Experience in client engagements, gathering requirements, and defining complex workflows, implementing Portfolio Risk Management Solutions
• Prior experiences with APIs in a technical or integration capacity
• Proficiency in at least one programming language such as Python, JavaScript, or Java.
• Ability to work under pressure with multiple internal and external stakeholders and often under a tight timeline
• Experience conducting training both internally /externally
• Demonstrated continuous career growth within an organization
• Bachelor's degree or higher degree-equivalent qualifications in relevant Finance/Finance Engineering, Quantitative Finance or related field

We'd love to see:

• Prior working experience with the Bloomberg suite of products
• CFA, FRM or a MSc in Financial Engineering a plus
• Work experience in Python or other programming languages
• Experience communicating with Engineering and/or product groups on product enhancements and development
• The inclination and aptitude to pick up new technologies and procedures
• The ability to effectively communicate technical/complex issues in a simplistic manner to various audiences
• Prior working experience with the Bloomberg suite of products

What's it Like To Work Here?

We work hard. We are ambitious and set ourselves tough business goals. We are a meritocracy where everyone has a voice - not a job title. Working with people you trust, respect, and can collaborate with is more important than titles or position. Things move fast, and we want people who will enjoy working in this environment and feed off the energy. But it isn't all about work. Giving back is one of our core values, and there are many ways to get involved in philanthropic initiatives from helping local school kids with their reading to helping clean up local parks and waterways.

What is Bloomberg?:
View our Benefits:

Salary Range = 00 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.