Portfolio Construction Analyst

Brown Brothers Harriman • New York, NY

2d • $75,000 - $90,000 • Hybrid

About The Position

Brown Brothers Harriman is currently recruiting for a Portfolio Construction Specialist to join our Private Banking team. In this role you will be responsible for the implementation of recommended investment strategies in client portfolios. This position assists in managing clients’ assets including cash, equities, fixed income, and private investments while acting as a liaison with the relationship managers regarding these investments. The Portfolio Construction Specialist implements investment programs approved by the BBH portfolio managers and BBH’s Investment Research Group. Trades are sized and pre-trade compliance is performed before sending to BBH’s trade execution team. Post trade reviews and controls are also performed to ensure the accuracy of both the individual trade and the overall portfolio in relation to a client’s Investment Policy Statement. The Portfolio Construction Specialist is also responsible for one off trades, both client and RM directed, as well as specialty trades such as control persons trades directed by insiders or control persons of publicly traded corporations. This role will also implement tax strategies such as annual tax loss harvesting across relationship teams.

Requirements

• BA or Equivalent
• 2+ years of experience
• Must have strong Excel and PowerPoint

Nice To Haves

• Prior trading and/or portfolio implementation experience highly preferred
• Charles River experience, a plus

Responsibilities

• Equity Strategy Related Trading: Implement equity strategies across accounts based on account-level coding, taking into account client restrictions and trading guardrails established in the client Investment Policy Statement.
• Represent and explain portfolio implementation services to relationship teams.
• Relationship Manager and Client directed trading: Manage and invest discretionary cash from subscriptions and redemptions, new cash or withdrawals of cash, and changes in Investment Policy Statements.
• Rebalance trading: Rebalance accounts to keep them in line with the account’s Investment Policy Statement in a tax efficient and prudent manner.
• Account maintenance: Review account codings and account restriction requests to ensure alignment with account investment objectives

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level