Brown Brothers Harriman (BBH) is a privately-held financial institution and has been a thought leader and solutions provider for almost 200 years. We serve the most sophisticated individuals and institutions with award-winning expertise in Investment Management, Private Banking, and Investor Services. Our 5,000 colleagues operate from 17 cities throughout North America, Europe and Asia..
BBH is committed to diversity, innovation and globalization. Our culture is driven by our goal to provide the best solutions and services to our clients and each other. Our Partnership structure creates a flat organization that promotes collaboration across all business lines. We believe that diverse ideas and the ability to come together globally across groups and borders are a competitive advantage. In order for all our teams to excel, members must trust each other and feel comfortable providing honest input from all perspectives.
This openness sparks innovation and agility, which adds to the entrepreneurial spirit and provides many more career opportunities for our staff. We are a group of high-performing, dedicated and caring professionals who believe that working together is the foundation for superior client service excellence.
As a BBH professional, your career path is yours to define. We take pride in our ability to retain our best employees. We help them manage their careers by moving top performers to new areas of BBH where their talents will make the greatest contribution. As soon as you walk through the doors at BBH, we provide you with the tools to help you succeed and grow your career.
Job description:
The Risk Analyst assesses, analyzes, and monitors operational market risks for the fund accounting products and services. The individual analyzes and recommends solutions on routine or repeat inquiries and practices as well as assists the Risk Manager in appraising senior management of risks that have been identified and provides support in determining an appropriate resolution.
The position is involved with ongoing market analysis of Best Practices and benchmarking techniques to enhance the overall control and process design for Fund Accounting. In addition, the Risk Analyst assists the Risk Manager with new business and product development efforts.
- Develop timely analysis on the condition of position, receivable, pricing and trial balance reconciliations
- Implement continuous monitoring and self assessment tools and practices
- Monitor loss activity resulting from processing errors (E&Os) and correcting action; coordinate corrective action with Client Servicing teams and Sr. Mgt.
- Communicate policies and procedures to internal Investor Services areas to ensure risk mitigation across the Investor Services business line
- Facilitate, assess and resolve legal, tax, regulatory, compliance and operational risk issues that arise in the Investor Services business line
- Assist in the establishment of documentation and controls to manage legal, tax, regulatory and credit risk for Investor Services clients and products
- Define, document, monitor and report on critical fund accounting control processes
- Participate, and at times lead various projects and regulatory-driven initiatives that impact the business line to ensure that the appropriate risk mitigation is applied to business processes and operating arrangements. Tasks include creation of meeting agendas, documentation of meeting minutes, maintenance of project plans and execution and oversight and facilitation of various project deliverables
- Conduct detailed research, review and investigation independently and with others in the risk and control areas to facilitate the completion of deliverables that arise with respect to various management committees and working groups.
