Team Lead - Vendor Risk Management - Chief Risk Office in London
Team Lead - Vendor Risk Management - Chief Risk Office

Team Lead - Vendor Risk Management - Chief Risk Office in London

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead a team in assessing and managing vendor risks while driving strategic initiatives.
  • Company: Bloomberg, a dynamic and innovative leader in the financial technology space.
  • Benefits: Competitive salary, diverse culture, and opportunities for professional growth.
  • Why this job: Make a real impact on risk management in a fast-paced, collaborative environment.
  • Qualifications: 10+ years in risk management with leadership experience; strong communication skills required.
  • Other info: Join a company that values diversity and offers a supportive workplace.

The predicted salary is between 43200 - 72000 £ per year.

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.

Vendor Risk Management (VRM) is part of the Chief Risk Office (CRO) and responsible for assisting Bloomberg departments and select subsidiaries of Bloomberg LP in the selection, assessment, mitigation and continuous monitoring of risks introduced by vendors and other third-party service providers.

We are seeking a Team Leader, Vendor Risk Management, to guide and develop a team of vendor risk professionals while driving both the execution of vendor assessments and the strategic advancement of our Vendor Risk program. You will manage a portfolio of vendor engagements, oversee critical risk assessments, and help design, refine, and implement frameworks that strengthen Bloomberg's third-party risk resilience. This role requires balancing hands-on oversight of operational activities with strategic advisory responsibilities, ensuring Bloomberg departments and subsidiaries can confidently manage vendor risks throughout the vendor lifecycle.

We'll Trust You To:

  • Supervise and mentor a team of Vendor Risk Managers, ensuring high-quality delivery of assessments, monitoring, and reporting.
  • Oversee execution of inherent risk assessments, vendor due diligence, control testing, and remediation tracking.
  • Maintain accuracy and completeness of vendor and engagement inventories, ensuring risk profiles are current and actionable.
  • Guide the team in conducting due diligence across risk domains (information security, privacy, operational resilience, concentration, regulatory, geographic).
  • Monitor industry trends and regulatory updates to ensure operational assessments reflect current risk landscapes.
  • Contribute to the ongoing design, enhancement, and implementation of Bloomberg's Vendor Risk Management framework.
  • Serve as a trusted advisor to senior stakeholders, including business leaders, CISO, Legal, Compliance, and Enterprise Risk, on third-party risk exposure and mitigation strategies.
  • Provide risk insights and recommendations that balance business objectives with security and resilience requirements.
  • Develop and deliver actionable, executive-ready risk reporting to inform decision-making across departments.
  • Represent Vendor Risk in risk committees, working groups, and cross-functional initiatives.
  • Help shape Bloomberg's response to emerging regulatory requirements (e.g., DORA, EU AI Act, GDPR) and evolving third-party risk management expectations.

You'll Need to Have:

  • Bachelor's or Master's degree in Computer Science, Information Security, Business Management, or equivalent industry experience.
  • 10+ years of experience in Risk Management, Information Security, Technology Audit, or related fields, with at least 4 years in a leadership or supervisory capacity.
  • Proven experience managing and mentoring teams to deliver high-quality risk assessments and projects.
  • Strong understanding of Cloud Computing risks and third-party service provider oversight.
  • Familiarity with key frameworks (NIST 800-53, ISO/IEC 27001/2, COBIT, HITRUST, PCI DSS, CSA, CIS CSC).
  • Deep knowledge of Data Privacy regulations (GDPR, CCPA, HIPAA) and operational resilience regulations (DORA).
  • Experience leveraging Vendor Risk Assessment frameworks and tools (SIG, VSAQ, etc.).
  • Ability to balance operational oversight with strategic influence, making complex business/risk trade-offs.
  • Senior-level written and verbal communication skills, including the ability to present to executive audiences.
  • Industry certifications (CISSP, CISA, CISM, CTPRP, CIPT/CIPP, GIAC, etc.).

*Please note we use years of experience as a guide but we certainly will consider applications from all candidates who are able to demonstrate the skills necessary for the role.*

We'd Love to See:

  • Experience in building and scaling a vendor risk team or function.
  • Familiarity with supplier agreements, contractual terms, and service level agreements.
  • Experience developing and using operational performance metrics to measure vendor risk effectiveness.
  • Expertise in cloud-based IT architectures and related security practices.

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, but in the meantime feel free to have a look at this: Discover what makes Bloomberg unique - watch our for an inside look at our culture, values, and the people behind our success.

Bloomberg is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of 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 is a disability inclusive employer. Please let us know if you require any reasonable adjustments to be made for the recruitment process. If you would prefer to discuss this confidentially, please email amer_recruit@bloomberg.net.

Team Lead - Vendor Risk Management - Chief Risk Office in London employer: Bloomberg L.P

Bloomberg is an exceptional employer, offering a dynamic work environment in London that fosters collaboration and innovation. With a strong commitment to employee growth, we provide numerous opportunities for professional development and mentorship within our Vendor Risk Management team. Our inclusive culture, combined with meaningful community engagement initiatives, ensures that you can make a significant impact while advancing your career in a fast-paced and supportive setting.
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Contact Detail:

Bloomberg L.P Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Team Lead - Vendor Risk Management - Chief Risk Office in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. The more people you know, the better your chances of landing that dream job.

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you tailor your responses and show that you're genuinely interested in being part of their team.

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or use online platforms to get comfortable with common questions. The more you practice, the more confident you'll feel when it’s time to shine.

✨Tip Number 4

Don’t forget to follow up after interviews! A simple thank-you email can go a long way in leaving a positive impression. It shows your enthusiasm and keeps you on their radar as they make their decision.

We think you need these skills to ace Team Lead - Vendor Risk Management - Chief Risk Office in London

Vendor Risk Management
Risk Assessment
Team Leadership
Operational Oversight
Strategic Advisory
Data Privacy Regulations
Cloud Computing Risks
Regulatory Compliance
Communication Skills
Framework Implementation
Mentoring
Risk Reporting
Third-Party Risk Management
Industry Certifications

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Team Lead - Vendor Risk Management role. Highlight your relevant experience in risk management and leadership, and don’t forget to mention any specific frameworks or regulations you’re familiar with!

Showcase Your Leadership Skills: Since this role involves supervising a team, it’s crucial to demonstrate your leadership abilities. Share examples of how you've mentored teams in the past and the impact it had on their performance and project outcomes.

Be Clear and Concise: When writing your application, keep it clear and to the point. Use bullet points where possible to make your achievements stand out. Remember, we want to see your skills and experiences without wading through unnecessary fluff!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!

How to prepare for a job interview at Bloomberg L.P

✨Know Your Stuff

Make sure you brush up on your knowledge of Vendor Risk Management and the specific frameworks mentioned in the job description, like NIST and ISO. Being able to discuss these in detail will show that you're not just familiar with the concepts but can also apply them effectively.

✨Showcase Leadership Skills

Since this role involves leading a team, be prepared to share examples of how you've successfully managed and mentored others in the past. Highlight any specific challenges you faced and how you overcame them to deliver high-quality results.

✨Understand the Business Context

Familiarise yourself with Bloomberg's business model and how Vendor Risk Management fits into it. This will help you articulate how you can contribute to their goals and provide strategic insights that align with their objectives.

✨Prepare for Scenario Questions

Expect to be asked about real-world scenarios related to vendor risk assessments and mitigation strategies. Think through some potential situations and how you would handle them, demonstrating your ability to balance operational oversight with strategic influence.

Team Lead - Vendor Risk Management - Chief Risk Office in London
Bloomberg L.P
Location: London
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  • Team Lead - Vendor Risk Management - Chief Risk Office in London

    London
    Full-Time
    43200 - 72000 £ / year (est.)
  • B

    Bloomberg L.P

    5000-10000
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