BLoomberg- TOMS – Accounting Business Manager recruitment
The Product
Bloomberg Trade Order Management System (TOMS) is a multi asset class workflow solution. TOMS delivers tools for trade capture, inventory and risk management, electronic order flow, regulatory reporting and compliance. Our clients can use a variety of integration tools to achieve straight-through processing and reduce operational risk. Front, middle, and back-office operations benefit from a range of solutions, including allocations management and pre-integration to a variety of third-party back offices and electronic trading networks. We haven't overlooked compliance, either. Tools for all compliance needs help manage counterparty risk, prevent trading errors and ensure all users are abiding by firm-level compliance polices.
Currently TOMS is pre-integrated to a number of US and UK back-office vendors for cash products. The system also leverages Bloomberg's affirmation service (VCON) and connectivity to clearing houses for vanilla CDS and IRS products.
The Role
The next evolution of the TOMS product is growth into middle and back offices, particularly for derivatives. The accounting business manager will work as part of a team defining the roadmap and functional detail to grow from the front into the back office. Specific responsibility includes defining the structure and requirements of the TOMS accounting module, working with technology to build accounting and sub-ledger functionality, and helping define the commercial model for the product.
This role will involve representing the business and opportunities to senior management within Bloomberg. Significant interaction and communication with the global TOMS sales force, RD, support groups, as well as TOMS clients, is expected.
Responsibilities:
- Drive the vision for the development of the business
- Help set the commercial terms for the business including long term revenue and investment forecasts
- Build senior client and sales relationships
- Execute the vision and define the marketing of the product
- Work closely with other leaders within Bloomberg to leverage cross-business opportunities
- Overall escalation point for any issues with TOMS accounting package
Qualifications:
- Bachelors degree or equivalent work experience
- Experience building or implementing a back-office at a sell-side institution would be an advantage
- Excellent communications skills
- Strong project management skills
- Ability perform ROI analysis
Bloomberg is an equal opportunity/affirmative action employer and we welcome applications from all backgrounds regardless of race, color, religion, sex, national origin, ancestry, age, marital status, sexual orientation, gender identity, veteran status, disability, or any other classification protected by law.
