Product Manager - Credit RiskNew York, NYPosted Apr 1, 2024 - Requisition No. 124196Bloomberg's Multi-Asset Risk System (MARS) is a comprehensive suite of risk management tools that delivers consistent, consolidated results across client's entire firm. Powered by Bloomberg's world-class pricing library, company fundamentals and market data, MARS enables front office, market/credit/counterparty risk and collateral professionals to analyze their trading and investment portfolios, handle and mitigate their exposure and ready themselves for any turn of events.We are seeking a Product Manager to join the MARS Enterprise Risk Product department as an individual contributor to drive the Credit Risk product strategy in our New York office. As part of the team, you will research, support and promote our MARS Credit Risk solution. You will play an active role in our client's experience starting from pre-sale, quality assurance, product feedback, collaborating and contributing to sales. You will need to have a strong knowledge of credit risk management solutions and its integration with the broader ecosystem in order to explain complex analytics as well as recommend best practices. You will be working closely with sales teams on running demos, conducting testing/reconciliation, managing product needs for production clients, and working on risk related projects to help improve and expand our existing risk platform.We'll trust you to:
Work with Product Manager(s) and engineering to develop plans for our solutions, including creative and effective ideas to differentiate our offering
Work collaboratively with partners including sales and implementations teams throughout the sales cycle. This includes presale demos and proposals, client training and on boarding, communication of product enhancements and identifying up sell opportunities
Handling the support of new and existing clients from a product perspective, including ensuring the risk analytics and workflows are set up to client's expectations and understanding and providing feedback on client needs, competitor intelligence and market trends
Training and point of escalation for help desk, sales, implementation for product capabilities and potential issues, and, when necessary, coordinating internally to get them addressed
You'll need to have:
7+ years of experience working in financial services, particularly in credit risk management or financial technology related to credit risk management
Demonstrable understanding of credit risk management best practices across regions
Experience working in a revolving regulatory environment and changes that impact the business and our clients (e.g. Basel III, SEC Regulation M, IFRS9)
We'd love to see:
Experience with private and public credit, working knowledge of quantitative credit risk modeling for corporates/sovereigns, portfolio credit risk, as well as understanding of end-to-end workflows
Ability to work in a challenging, complex and fast paced environment with high degree of self-motivation
Willingness to learn complex business and technology processes and actively contribute to their evolution
Detail oriented, collaborative and consensus builder
Excellent written and verbal communication skills and ability to effectively interact and connect with clients at all levels
Please note we use years of experience as a guide, but we will certainly consider applications from all candidates who are able to demonstrate the skills vital for the role.If this sounds like you, please apply!We'll get in touch with you to let you know next steps. In the meantime, check out https://www.bloomberg.com/company/what-we-do/Bloomberg is an equal opportunity employer, and we value diversity at our company. We do not discriminate based on age, ancestry, color, gender identity or expression, genetic predisposition or carrier status, marital status, national or ethnic origin, race, religion or belief, sex, sexual orientation, sexual and other reproductive health decisions, parental or caring status, physical or mental disability, pregnancy or parental leave, protected veteran status, status as a victim of domestic violence, or any other classification protected by applicable law.Bloomberg provides reasonable adjustment/accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable adjustment/accommodation to apply for a job or to perform your job. Examples of reasonable adjustment/accommodation include but are not limited to making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment. If you would prefer to discuss this confidentially, please email AMERrecruit@bloomberg.net (Americas), EMEArecruit@bloomberg.net (Europe, the Middle East and Africa), or APACrecruit@bloomberg.net (Asia-Pacific), based on the region you are submitting an application for.Salary Range: 140,000 - 295,000 USD Annually + Benefits + BonusThe 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.
