Compliance Officer – Indices/Benchmark Administration
Bloomberg
Bloomberg’s Legal and Compliance Department plays a critical role in supporting our businesses and operations around the world. We move quickly and thoughtfully to help address a variety of complex issues that come with being the world’s leading financial news and information company. Our team is made of up of talented and hardworking professionals who think creatively and work collaboratively in an open environment to deliver results, drive innovation, and solve difficult problems. Diversity and inclusion are essential to our success, and we strive to maintain an environment where our employees are empowered to make an impact. We also recognize the value and importance of giving back to our communities, as evidenced by our award-winning pro bono program! We are looking for a person with indices and benchmarks experience to join the EMEA Compliance team in London in support of Bloomberg’s Index business, which offers financial benchmarks and strategy indices.
What’s the Role?
Within the EMEA Compliance function you will work as part of the global Index Compliance team providing support to Bloomberg’s global Index business, which offers financial benchmarks and strategy indices. The role will focus on coverage of Bloomberg Index Services Limited (“BISL”), which offers products globally, and is authorised by the UK FCA as a benchmark administrator under the UK Benchmark Regulation ("BMR"). The ideal candidate will have knowledge and experience with indices, financial benchmarks and/or products within the financial markets; be familiar with relevant FCA and European regulatory requirements as well as IOSCO principles; and be able to implement regulatory compliance policies, governance and controls. Strong communication and interpersonal skills are essential, together with the ability to work as part of a team, with a real drive to add value to the firm.
We'll trust you to:
- Act as the second line of defence in a dynamic, forward thinking business - Collaborate with index business and provide advisory compliance services - Provide guidance on and implement controls relating to regulatory requirements and expectations for financial benchmarks and indices - Draft responses to regulatory enquiries and contribute towards managing regulatory relationships - Partner with Legal and keep abreast of regulatory changes in relevant markets and their potential impact on the product and business - Draft, update and review compliance policies in line with regulatory requirements - Prepare reports for regulatory bodies and internal management - Manage complex initiatives/projects involving several stakeholders across the organisation - Develop and streamline new and existing compliance processes - Plan, prepare and conduct training for business stakeholders - Provide second-line review of benchmark methodologies, disclosures and marketing content - Oversee SMCR implementation and controls including maintaining the register, annual fitness & propriety checks, and advising on conduct rule breach determinations - Work alongside the global lead and compliance team to increase the profile of the compliance function within the business
You'll need to have:
- Familiarity with the financial markets and UK and EU index-related regulatory developments, particularly the BMR - Good working knowledge of indices and financial benchmarks - Strong communication and interpersonal skills - The ability to advise on regulatory changes and developments - Experience in drafting policies, procedures, and manuals, along with preparing reports for regulatory bodies and internal management - An analytical mind, the ability to solve complex problems and streamline processes
We'd love to see:
- A desire to be part of a team in a dynamic and fast-paced organisation - A Bachelor’s Degree - A track record of working with and advising senior business people on compliance matters - Experience of identifying and managing risk, including risk framework and issue management
What’s the Role?
Within the EMEA Compliance function you will work as part of the global Index Compliance team providing support to Bloomberg’s global Index business, which offers financial benchmarks and strategy indices. The role will focus on coverage of Bloomberg Index Services Limited (“BISL”), which offers products globally, and is authorised by the UK FCA as a benchmark administrator under the UK Benchmark Regulation ("BMR"). The ideal candidate will have knowledge and experience with indices, financial benchmarks and/or products within the financial markets; be familiar with relevant FCA and European regulatory requirements as well as IOSCO principles; and be able to implement regulatory compliance policies, governance and controls. Strong communication and interpersonal skills are essential, together with the ability to work as part of a team, with a real drive to add value to the firm.
We'll trust you to:
- Act as the second line of defence in a dynamic, forward thinking business - Collaborate with index business and provide advisory compliance services - Provide guidance on and implement controls relating to regulatory requirements and expectations for financial benchmarks and indices - Draft responses to regulatory enquiries and contribute towards managing regulatory relationships - Partner with Legal and keep abreast of regulatory changes in relevant markets and their potential impact on the product and business - Draft, update and review compliance policies in line with regulatory requirements - Prepare reports for regulatory bodies and internal management - Manage complex initiatives/projects involving several stakeholders across the organisation - Develop and streamline new and existing compliance processes - Plan, prepare and conduct training for business stakeholders - Provide second-line review of benchmark methodologies, disclosures and marketing content - Oversee SMCR implementation and controls including maintaining the register, annual fitness & propriety checks, and advising on conduct rule breach determinations - Work alongside the global lead and compliance team to increase the profile of the compliance function within the business
You'll need to have:
- Familiarity with the financial markets and UK and EU index-related regulatory developments, particularly the BMR - Good working knowledge of indices and financial benchmarks - Strong communication and interpersonal skills - The ability to advise on regulatory changes and developments - Experience in drafting policies, procedures, and manuals, along with preparing reports for regulatory bodies and internal management - An analytical mind, the ability to solve complex problems and streamline processes
We'd love to see:
- A desire to be part of a team in a dynamic and fast-paced organisation - A Bachelor’s Degree - A track record of working with and advising senior business people on compliance matters - Experience of identifying and managing risk, including risk framework and issue management
Confirm your E-mail: Send Email
All Jobs from Bloomberg