Data Compliance Officer - 12 Month contract

Bloomberg•New York, NY

31d•$72 - $85

About The Position

The energy of a newsroom, the pace of a trading floor, the buzz of a recent tech breakthrough; we work hard, and we work fast - while keeping up the quality and accuracy we're known for. It's what keeps us inventing and reinventing, all the time. Our culture is wide open, just like our spaces. We bring out the best in each other through collaboration. Through our countless volunteer projects, we also help network with the communities around us, too. You can do amazing work here. Work you couldn't do anywhere else. It's up to you to make it happen. Bloomberg's Legal, Compliance & Risk 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 up of talented and hardworking legal and compliance professionals who think creatively and work collaboratively in an open environment to deliver results, drive innovation, and solve difficult problems. We are committed to a workplace where all of our employees can thrive regardless of background, and where everyone feels empowered to make an impact. We also recognize the importance of giving back to our communities as evidenced by our award-winning pro bono program! The Data Privacy Compliance and Chief Risk Office teams work closely with our Legal counterparts, business, support functions and engineering stakeholders to ensure compliance with current/developing rules and regulations, implement global training and communication programs and monitor data governance risk across the business. Our Data Privacy Compliance team also leads the data compliance programs and related assessments, assists with systems due diligence and transaction monitoring, and develops internal policies and procedures. What's The Role? This is a great opportunity to support Bloomberg's Data Compliance Program including the ongoing support of security requirements developed by the U.S. Cybersecurity and Infrastructure Security Agency ("CISA"). The team has global coverage across the wide variety of products and services that Bloomberg offers, from news and media to data services, from content and analytics to electronic trading, in a fast-paced and dynamic environment. Bloomberg has a presence in a large number of jurisdictions across the world, and as such the data compliance landscape is complex and ever evolving, encompassing global data governance including prevention of access to sensitive personal data and other sensitive data.

Requirements

Minimum of five years of experience in compliance, risk management or data protection;
Knowledge of U.S. data protection and national security frameworks such as CISA;
Understanding of vendor risk management, third-party oversight, and supplier due diligence;
Ability to work independently and effectively manage and prioritize multiple projects simultaneously;
Experience in identifying, assessing and calling out risk (across different functions and levels of the business);
Ability to work collaboratively in a fast-paced environment in cross-functional teams, prioritize and meet deadlines;
Strong stakeholder management experience and skills to collaborate effectively with security and risk professionals, engineers, software developers, product development, Human Resources, and other teams;
Strong communication skills and belief in the effective management of data compliance and governance as a key business differentiator and core value;
Excellent presentation and negotiation skills and the ability to thrive in an open office environment and as part of a fast-paced team; and
Strong attention to detail and excellent organizational skills.

Nice To Haves

Experience working with and/or within regulated financial institutions, software and other technology companies, media corporations, or large global organizations;
A real passion for being part of a global in-house team and contributing to team knowledge and development; and
A track record of operating successfully and contributing to the development of others

Responsibilities

Support the implementation and maintenance of the Data Compliance Program across Bloomberg's business lines, ensuring Bloomberg meets its legal, regulatory, and reputational responsibilities;
Partner with Compliance, Risk, Engineering, Chief Information Security Office to document, monitor and track controls, remediation activities and ownership within a SaaS solution for integrated risk management;
Assist in conducting systems due diligence, scoping and monitoring, including control design reviews, systems inventory update and evidence collection;
Support Compliance in maintaining documentation for annual certifications regarding data compliance and reporting to relevant governance bodies;
Support the vendor risk management program, including identification of vendors handling sensitive data, assessing data flow risks and tracking completion of required mitigations;
Assist with preparation of compliance status reports, potential gaps and issues and maintain organized records of compliance documentation;
Contribute to testing and audit preparation, and external assessments to maintain readiness for regulatory reviews;
Support the development and delivery of training and awareness initiatives for the Data Compliance Program; and
Facilitate communications (including drafting presentations) with relevant business stakeholders.

Benefits

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.

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