Trade Management Associate

Brown Brothers Harriman • New York, NY

2d • $85,000 - $105,000 • Hybrid

About The Position

At BBH, Partnership is more than a form of ownership—it’s our approach to business and relationships. We know that supporting your professional and personal goals is the best way to help our clients and advance our business. We take that responsibility seriously. With a 200-year legacy and a shared passion for what’s next, this is the right place to build a fulfilling career. The Trade Management Associate is responsible for day-to-day support of Capital Partners trade processing and settlement activities across Fixed Income and Equity asset classes. The role will provide support across several initiatives that focus on trade flow automation, data integrity, trading infrastructure, and process optimization. The role will also support cross team initiatives like account openings, fund launches and service provider relationship management. Some of your key responsibilities include: Partner with service providers to ensure activities related to trade capture, clearance and settlement are completed daily. Research and resolve complex problems across various applications relating to specific trade and settlement issues. Support the development and implementation of operational practices, policies and procedures and where possible streamline processes through IT automation. Support data initiatives with technology, risk, audit and compliance to improve data integrity and adherence to regulatory requirements. Maintain and improve existing relationships for Capital Partners with Executing Brokers, Custodians and FCM’s to facilitate timely resolution of issues. Actively address and resolve issues and inquiries raised by a Middle Office Service provider that relate to corporate actions, reconciliation breaks and other ad hoc inquiries Proactively identify and champion opportunities to increase service offerings, improve efficiencies, and minimize risks. Participate in cross-functional and/or cross-departmental projects and initiatives. Support special projects across multiple teams across fund launches, account opening and other operational initiatives. Resolve reconciliation break across several different systems and custodians. Improve existing workflows and process by updating written procedures and creating new ones.

Requirements

• Bachelor degree in Business Administration, Finance, Economics or other related field
• 5+ years of work experience with at least 3 years in global trade settlements, portfolio management support, portfolio administration
• Familiarity with derivatives and collateral requirements
• Experience with industry standard systems (i.e., WSO, ClearPar, DTCC Products, and Bloomberg, Portfolio Management Systems)
• Sound financial services operational knowledge (Trade Settlements & Support, Corporate Actions, Pricing, Security Master, Proxy) for all security types (Fixed Income, Equity, Fund of Fund, FX and Derivatives) and a knowledge of the regulatory landscape related to trading and settlement.
• Ability to multi-task and meet deadlines while working under pressure.
• Effective communications skills for dealing both internally and externally with traders, executing brokers, and custodians.
• General curiosity and willingness to stretch outside of one’s comfort zone.
• Ability to stay on task for assigned projects, summarize, and report back to management
• Strong attention to detail, willingness to learn and optimize processes.
• Resourceful and creative problem-solver

Responsibilities

• Partner with service providers to ensure activities related to trade capture, clearance and settlement are completed daily.
• Research and resolve complex problems across various applications relating to specific trade and settlement issues.
• Support the development and implementation of operational practices, policies and procedures and where possible streamline processes through IT automation.
• Support data initiatives with technology, risk, audit and compliance to improve data integrity and adherence to regulatory requirements.
• Maintain and improve existing relationships for Capital Partners with Executing Brokers, Custodians and FCM’s to facilitate timely resolution of issues.
• Actively address and resolve issues and inquiries raised by a Middle Office Service provider that relate to corporate actions, reconciliation breaks and other ad hoc inquiries
• Proactively identify and champion opportunities to increase service offerings, improve efficiencies, and minimize risks.
• Participate in cross-functional and/or cross-departmental projects and initiatives.
• Support special projects across multiple teams across fund launches, account opening and other operational initiatives.
• Resolve reconciliation break across several different systems and custodians.
• Improve existing workflows and process by updating written procedures and creating new ones.

Benefits

• BBH and its affiliates' compensation program includes base salary, discretionary bonuses, and profit-sharing.
• BBH's total rewards package recognizes your contributions with more than just a paycheck—providing you with benefits that enhance your experience at BBH from long-term savings, healthcare, and income protection to professional development opportunities and time off, our programs support your overall well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 11-50 employees