2021 Summer Internship: Enterprise Implementation - Regulatory Reporting & TCA
Posted Feb 4, 2021 - Requisition No. 88663
Born in 1981, Bloomberg is the world's primary distributor of financial data and a top news provider of the 21st century. A global information and technology company, we use our dynamic network of data, ideas and analysis to solve difficult problems. Our customers around the world rely on us to deliver accurate, real-time business and market information that helps them make important financial decisions. At Bloomberg, we are guided by four core values that are the foundation of our continued success: innovation, collaboration, customer service and doing the right thing.
We harness the power of data and analytics to organize, understand and improve our world. It's our purpose. Come find yours.
As the regulatory space becomes more complex and our clients are required to comply with a myriad of jurisdictional regulations, they need strategic solutions and we're in a great position to partner with them.
To make regulatory reporting simpler and minimise data reconciliation issues, Bloomberg offers clients the ability to report transactions in all asset classes via one real-time feed directly through Bloomberg’s Regulatory Hub (RHUB) to regulators and our Transaction Cost Analysis Tool (BTCA) to analyse trade performance. We help enrich and validate data to be reported for Bloomberg’s clients and maintain data consistency throughout the post-trade reporting process. We bring transparency by ensuring the same data that is generated in reported to regulators is also available for best execution analysis, trade reconciliation and record-keeping. Current regulations offered include MiFID II, SFTR and CFTC with EMIR being made available this summer.
What’s the Role:
The successful applicant will have the opportunity to own and run internal projects where they will be asked to analyse, design and implement new processes to address needs of the business group. In addition to this, there will also be exposure to client projects where they will work with senior project managers to deliver appropriate solutions.
The RHUB/BTCA team work globally across all areas of the Bloomberg business to ensure that our clients meet their regulatory obligations. This will lead to exposure across multiple business units and how they operate as well as providing an insight in to the impact of regulations and market changes to our clients.
At Bloomberg, you'll have the opportunity to go above and beyond and to take risks. You'll be a part of an organization that is entering new markets, launching new ventures, and pushing boundaries. Our ever-expanding array of technology, data, news, and media services fosters innovation and empowers clients -- and offers nearly limitless opportunities for career growth.
Where would your career start in background?
Following a successful internship, you would be eligible for a job offer in our Analytics department, supporting the same regulatory products. This is our entry level role into Bloomberg and offers an amazing platform to build your knowledge and career. Find out more by clicking on this link: https://www.bloomberg.com/company/financial-products/
- Studying for a degree with a focus on critical thinking and problem solving, finishing all studies in 2021 or 2022
- A passion for finance, compliance and regulation
- You are genuinely curious and love a challenge
- Excellent project management and organisation skills
- Strong stakeholder management skills
- An interest in technology as you will liaise with engineering and product teams
- Ability to work effectively both independently and within a team environment
- Good verbal, presentation, and written communication skills
- The ability to work for 10 weeks from 28th June -3rd September 2021
We'd love to see:
- Ability to speak an additional European language
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!
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