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    Data and Financial Technology: What it’s Like to Work at Bloomberg

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    Finance and business professionals are faced with the challenge of navigating increasingly large volumes of data to make the most informed decisions possible.Bloomberg, a financial technology company, plays an important role in connecting the world’s decision-makers to accurate information about the financial markets. Through innovative tools such as the Bloomberg Terminal, the company provides access to financial data, news, and insights that help clients turn knowledge into action.Bloomberg’s Data team is responsible for the end-to-end intake and delivery of data behind the company’s products and services. The team processes billions of pieces of financial information daily and plays an integral role in ensuring the breadth, depth, and quality of financial data for which Bloomberg is known.In this article, we’ll learn more about the Data department and its ever-evolving role at Bloomberg and within the financial technology industry. Additionally, we interviewed James Hook, the Global Head of Data, about the latest industry trends, his career trajectory, and the traits and skills needed to succeed in Data roles today.Bloomberg’s Data Department At Bloomberg, data analysts combine both financial market knowledge and technical expertise to collect, analyze, and supply the most relevant content to clients operating across industries and asset classes. At its core, the team is primarily responsible for: 1) acquiring, modeling, and enriching proprietary and third-party data so that it can be used by clients, 2) providing support to client data queries, and 3) innovating workflow efficiencies that enhance the company’s systems, products, and processes.Data management is an emerging area that comprises many academic

    disciplines, including data modeling, artificial intelligence, data science, and data quality management. Individuals who focus on data at Bloomberg are given training and client exposure to better understand how data fits into the financial markets. As the data industry evolves, ample opportunities to expand one’s skill set and experience emerge across various domains.The rapid evolution of the industry also requires Bloomberg’s data team to adapt to the latest trends and practices to help clients solve their current business problems. The team proactively stewards data that addresses future client needs.

    The Career Trajectory of James Hook

    During his 18-year tenure at Bloomberg, James Hook has embodied what it means to be an effective team member and leader. At Bloomberg, James has demonstrated an ability to work across different disciplines, first as a software engineer and later as a Team Leader of the Structured Products team, where he developed both technical and financial market expertise to deliver valuable client solutions.That experience led him to the Data Technologies Engineering team, where he  managed the talented individuals who built the systems that on-board all the reference data that drive Bloomberg’s applications and enterprise systems. Now, as the head of the Data division, he focuses on combining domain expertise with innovative data management techniques to increase the overall value of our data products

    Through his intellectual curiosity, collaborative spirit, and diligence, James has grown his career at Bloomberg. While his path is unique, it speaks to the career possibilities available in Bloomberg’s Data Division. Global Opportunities in Data

    During our interview, James Hook described what Bloomberg – and the data industry in general – looks for in candidates, and the qualities it takes to succeed and make an impact as an employee.

    Successful Bloomberg data professionals can come from a variety of academic backgrounds and share two common traits – first, an aptitude to delve into specific data and financial domains, and second, an appetite for innovation and experimentation.

    In addition to developing subject matter expertise and technical skills, data analysts collaborate with a range of stakeholders around the globe, from Engineering to Sales, on product development.While most of Bloomberg’s employees work in major cities around the world, many data analysts work in Princeton, NJ, a suburban community about an hour from New York City. The Princeton location offers a research campus-like culture and boasts open, outdoor spaces that facilitate unique collaboration opportunities among the departments working there. This location also allows the team to build relationships with local universities and foster a continuous learning environment where new and bold ideas are developed, tested, and brought to life.With a diverse data team based around the globe in Princeton, New York City, and more than half working in Latin America, Europe, and Asia, James is focused on nurturing a culture of collaboration and inclusivity throughout the department and the broader organization as a whole. 

    Bloomberg runs on data. Thus, developing strong data management skills is critical for Bloomberg’s continued and sustained growth as a company. Positioned at the intersection of technology, finance, and data management, employees have a lot of range to explore their passions and pursue different projects throughout their careers with the firm.Not only is the culture and environment of Bloomberg special, but also the company’s philanthropic mission makes a real impact on the world and is incredibly motivating.If you’re interested in learning more about open roles at Bloomberg and taking a step further into the world of data and analytics, check out their current job listings. As the world of data grows, so do the opportunities, so don’t hesitate to make your move! More

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      How Bloomberg’s Early Career Programs Prepare You for Success in Business

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      Early career programs are designed to empower students with the invaluable skills and resources needed to succeed in the workplace. These programs enable participants to develop the professional know-how they don’t always receive in a classroom setting, while also providing exposure to various job and networking opportunities.

      Bloomberg, a financial technology company, offers a range of career-readiness programs for underrepresented college students and recent graduates who are interested in business and finance. The content is targeted to all years, with the ultimate goal of providing participants with career coaching, insight into Bloomberg’s workplace and culture, and access to company leadership.

      One example is the First-Year Insights Series, a career workshop aimed at diverse first-year and/or first-generation college students. In this program, students are introduced to professional skills they can use to gain a headstart when launching their careers. By attending a session, students become eligible for tailored developmental opportunities including one-on-one coaching and resume review with a Bloomberg recruiter. 

      The company also offers hands-on professional learning experiences for students further along in their college journeys. Sophomores can apply for business externships, short-term programs that provide firsthand exposure to the daily demands of a role with the company. In addition to gaining insight into a potential career, externs also receive early access to apply and secure an internship for the following summer.

      Bloomberg internships are generally available to juniors and offer more in-depth project work, skills training, and networking opportunities. Unlike the First-Year Insights and externship programs, which occur over a few days, most internships last ten weeks, thereby giving students more time to develop their skills and knowledge, forge a professional network, and make a positive impression that could lead to a full-time job offer after graduation.

      Bloomberg has further demonstrated its commitment to nurturing diverse talent through its flagship Discover Bloomberg: Accelerate and program. An all-expense-paid, three-day immersion event at the company’s New York City headquarters, Discover Bloomberg allows upper-level students and recent graduates to learn more about company culture and gain deeper insight into the day-in-the-life of their desired roles. The event concludes with participants interviewing for either a business internship or an entry-level position.

      We interviewed a few Bloomberg employees who participated in these early career programs to better understand how those experiences have impacted their careers. During these conversations, we learned that the mentorship and skills training received during these programs has positively contributed to their professional development and success.

      Reliable Support Networks

      Finding a supportive network of mentors is a critical part of growing a successful career, especially for young professionals who often lack extensive professional experience and a network. Underrepresented talent doesn’t have as many opportunities to build those valuable connections that could be a source of encouragement, career planning, and perspective. Bloomberg’s early career programs help close that gap.During his externship, Robert Ashamole, an Account Manager, formed an important relationship with a Bloomberg executive who encouraged him to accept a full-time role at the company.

      Robert’s experience is just one example of the peer-to-peer support that exists at Bloomberg. Daniela Arias, an Account Manager, participated in both Bloomberg’s externship and internship programs, through which she also received strong professional support.

      Daniela stated that, at Bloomberg, she would always have someone who she can count on for support. When it comes to advancing your career, this type of network is invaluable.

      Opening Doors to Careers in Finance

      Bloomberg employees work with some of the most innovative technologies used in the financial markets. Participants in these early career programs receive early exposure to these tools, like the Bloomberg Terminal, which gives them a leg up on transitioning more smoothly into full-time roles at Bloomberg or across the finance industry.Laneika Lyons, a Data Engineer and Analyst, credits her participation in these programs as part of her seamless transition into Bloomberg.

      Start Your Journey

      There’s no doubt that Rob, Daniela, and Laneika all gained incredible insight and experience during their participation in Bloomberg’s early-career programs. From skills development to networking, these programs have formed the foundation of their successful tenures at Bloomberg. 

      If you’re curious about what Bloomberg does and what business career opportunities are available with the company, explore its Discovery and Diversity programs for underrepresented talent.

      Your road of accomplishments is right ahead of you. You just need to start walking.

      Check out all of Bloomberg’s current opportunities on its profile and get your journey started. More

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      The 4 Top Traits Bloomberg Values In Its Employees

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      It takes more than a great resume to impress recruiters early in your career because, let’s face it, who really has a wealth of experience in their early 20s? Instead, what companies are really looking for is potential—and that can be measured by the presence of certain personality traits. Bloomberg—a global leader in finance, technology, […] More

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      This Company Wants To Give You Your Next Job—And They’re Hiring All Year Round

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      After graduation, Sara worked in finance within the aerospace industry. While she loved the specifics of her role, she wanted more interaction with clients. She had identified skills she wanted to develop, but the opportunities she wanted just weren’t available at her old job. One thing was apparent: It was time for the next step. […] More