At a Glance
- Tasks: Lead a team in assessing and managing vendor risks while driving strategic initiatives.
- Company: Join Bloomberg, a dynamic company known for innovation and collaboration.
- Benefits: Competitive salary, health benefits, and opportunities for professional growth.
- Why this job: Make a real impact on risk management in a fast-paced, supportive environment.
- Qualifications: 10+ years in risk management with leadership experience; strong communication skills required.
- Other info: Exciting chance to shape vendor risk strategies and work with cutting-edge technology.
The predicted salary is between 43200 - 72000 £ per year.
Overview
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 Context
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.
What\’s the Role?
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.
You\’ll Trust You To:
Operational Leadership
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.
Strategic & Advisory Responsibilities
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.
Note: we use years of experience as a guide but we will consider applications from all candidates who can demonstrate the necessary skills.
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: https://www.bloomberg.com/company/
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Team Lead - Vendor Risk Management - Chief Risk Office employer: Bloomberg
Contact Detail:
Bloomberg Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Team Lead - Vendor Risk Management - Chief Risk Office
✨Tip Number 1
Network like a pro! Reach out to current or former employees on LinkedIn and ask about their experiences. A friendly chat can give you insider info and might even lead to a referral.
✨Tip Number 2
Prepare for the interview by researching the company culture and values. Make sure you can demonstrate how your skills align with their mission, especially in Vendor Risk Management.
✨Tip Number 3
Practice common interview questions, but also be ready for situational ones. Think of examples from your past that showcase your leadership and risk management skills.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and show your enthusiasm for the role. And remember, apply through our website for the best chance!
We think you need these skills to ace Team Lead - Vendor Risk Management - Chief Risk Office
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Team Lead role in Vendor Risk Management. Highlight your leadership experience and any relevant risk management projects you've worked on.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about vendor risk management and how your background makes you the perfect fit for our team. Keep it engaging and personal.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use metrics and examples to demonstrate how you've successfully managed teams or improved risk assessment processes in the past.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Bloomberg
✨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 Your Leadership Skills
Since this role involves supervising a team, be prepared to share examples of how you've successfully led teams in the past. Highlight your mentoring experiences and how you've driven high-quality delivery in previous roles.
✨Understand the Business Landscape
Familiarise yourself with Bloomberg's business model and the industries they operate in. This will help you articulate how your skills can contribute to their Vendor Risk Management framework and align with their strategic goals.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that assess your problem-solving abilities in risk management. Think of specific situations where you've had to balance operational oversight with strategic influence, and be ready to discuss the outcomes.