Level

Bloomberg

Compliance Officer – Indices/Benchmark Administration

Bloomberg is hiring a Compliance Officer – Indices/Benchmark Administration in London, United Kingdom. Level rates it ; you can apply on Bloomberg.

Level's read on this job

  • On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
  • Level lists 336 other open roles at Bloomberg.
  • The role was posted in the last few days.

AI in this role

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 global Index Compliance team in London in support of Bloomberg’s Index business, which offers financial benchmarks and strategy indices. 

What’s the Role? 
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 product knowledge and experience with indices, financial benchmarks and/or products within the financial markets; and be familiar with relevant FCA and European regulatory requirements as well as IOSCO principles. You will be part of the team that implements regulatory compliance policies, governance and controls. Excellent 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 second-line review of benchmark methodologies, disclosures and marketing content- Provide guidance on and implement controls relating to regulatory requirements and expectations for financial benchmarks and indices- Manage complex initiatives/projects involving several stakeholders across the organisation- Contribute to drafting responses to regulatory enquiries and 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- Develop and streamline new and existing compliance processes- Plan, prepare and conduct training for business stakeholders- Work alongside the global lead and compliance team to increase the profile of the compliance function within the business

You'll need to have:
- Good working knowledge of indices and financial benchmarks- Excellent communication and interpersonal skills- Familiarity with the financial markets and UK/EU index regulation, particularly the BMR, as well as IOSCO principles - Experience contributing to policies and procedures, as well as reporting for regulatory bodies and internal management- An analytical mind, the ability to solve complex problems and streamline processes- A Bachelor’s Degree
We'd love to see:
- Industry experience in a Compliance role covering indices and/or benchmarks- A desire to be part of a team in a dynamic and fast-paced organisation- Working knowledge of index product or production processes- A track record of working with and advising senior business people on compliance matters

If this sounds like you:
Apply if you think we're a good match. We'll get in touch to let you know what the next steps are.
Bloomberg is an equal opportunities employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
If indicated, please note that years of experience are a guide; we will consider applications from all candidates who can demonstrate the skills necessary for the role. Discover what makes Bloomberg unique - watch our podcast series for an inside look at our culture, values, and the people behind our success.

How we rate this

Compliance Officer – Indices/Benchmark Administration at Bloomberg rates 30 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

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