Senior Portfolio Construction Analyst

Brown Brothers Harriman•New York, NY

1d•$95,000 - $125,000•Hybrid

About The Position

The Senior Portfolio Construction Analyst implements recommended investment strategies in client portfolios and assists in managing assets including cash, equities, fixed income, and private investments. The role acts as a liaison with relationship managers regarding investments and implements investment programs approved by BBH portfolio managers and the Investment Research Group. Responsibilities include sizing trades, performing pre-trade compliance checks before sending trades to the execution team, and conducting post-trade reviews and controls to verify trade accuracy and alignment with clients’ Investment Policy Statements (IPS). The analyst supports client- and relationship-manager-directed one-off trades, specialty trades such as those directed by corporate insiders or control persons, and tax strategies including annual tax-loss harvesting. The position also supports Centralized Portfolio Implementation initiatives, including equity and fixed-income trade execution, asset-allocation changes, monitoring and correcting portfolio drift, and deploying or raising cash in client portfolios, including Wealth Strategies and Private Funds. Client accounts must be managed in accordance with their signed IPS. The role is based in BBH’s New York City location and is hybrid, with a minimum of three days per week in the office.

Requirements

Bachelor’s degree or equivalent.
At least 4 years of experience.
Prior trading and/or portfolio implementation experience.
Strong Excel skills.
Strong PowerPoint skills.

Nice To Haves

Charles River experience.

Responsibilities

Implement equity strategies across accounts using account-level coding, client restrictions, and trading guardrails established in the client Investment Policy Statement.
Represent and explain portfolio implementation services to relationship teams.
Perform variance checks on SMA trades to confirm that the requested trades were executed correctly.
Review trade blocks to ensure the correct weights are traded.
Manage and invest discretionary cash from subscriptions, redemptions, new cash, withdrawals, and changes to Investment Policy Statements.
Ensure CPI investments and divestitures align with relationship manager expectations and clients’ Investment Policy Statements.
Rebalance accounts in a tax-efficient and prudent manner to keep them aligned with their Investment Policy Statements.
Review account coding and restriction requests to ensure alignment with account investment objectives.
Review account coding for allocations to ensure the correct SMA codes are traded.
Size trades and perform pre-trade compliance checks before routing trades to the trade execution team.
Conduct post-trade reviews and controls to verify trade accuracy and portfolio alignment with clients’ Investment Policy Statements.
Support client- and relationship-manager-directed one-off trades and specialty trades, including trades directed by insiders or control persons of publicly traded corporations.
Implement tax strategies, including annual tax-loss harvesting across relationship teams.
Execute Centralized Portfolio Implementation initiatives, including equity and fixed-income trades, asset-allocation changes, portfolio-drift monitoring and correction, and cash deployment or raising.