Network RM Analyst II

We value diverse backgrounds, so even if your experience looks a little different from what we've outlined and you think you can bring value to the role, we will still welcome your application!

At Brown Brothers Harriman, we believe no job is too big or small for any of us to handle if it helps our clients. We value passionate, committed people who enjoy collaborating with others to find new solutions to complex business challenges. We are looking for the type of person who speaks their mind, truly listens, and steps outside their role to add value wherever they can. Someone who is driven to get things done and views obstacles as an exciting challenge that demands a creative solution. Above all, we seek someone who takes great pride in their work and is inspired and motivated by their role in protecting and enhancing our client's financial well-being.

If you are looking for an entrepreneurial environment where you can learn and thrive, Brown Brothers Harriman is the right place for you

Join us as a Network RM Analyst

The Network & Counterparty Relationship Management (NCRM) group is responsible for managing Brown Brothers Harriman's network of subcustodian and correspondent bank relationships for cash and securities in over 90 markets and providing value to both external and internal clients through market expertise and delivery of market information. The group is comprised of separate Bank Relationship Management, Market Information, Direct Client Consultancy and Risk and Compliance teams. The group is located globally, in Boston, New York, London and Hong Kong.

As a Network RM Analyst II, you will be responsible for the management and oversight of the global provider of relationships within BBH's network of subcustodian and cash clearing banks. In this capacity, you will be responsible for the on-going oversight of our banks. This includes conducting regular due reviews (documentation review, bank calls and visits), maintaining appropriate AML/KYC files, communicating, and ensuring delivery of detailed service level requirements, and acting as an escalation point for any issues arising with our bank relationships. You will work closely with internal subject matter experts including Service Delivery, OGC, Compliance, Credit, and Risk.

As the relationship owner, you will be expected to have a deep knowledge of the banks, the servicing relationships (including a strong understanding of local market operation and regulation as they relate to the services being provided), as well as BBH and client requirements.

If you are looking to push your career to the next level, introduce yourself by submitting your resume.

Key responsibilities include:

• Act as a primary relationship contact for subcustodians/cash clearing banks and treasury counterparties.
• Conduct regular and ongoing monitoring of subcustodian/cash clearing banks.
• Negotiate competitive arrangements and service levels with subcustodian and cash clearing banks.
• Execute on BBH's subcustodian/cash clearing bank strategy through the issuance of RFPs and the assessment of new providers.
• Coordinate with internal BBH departments, to ensure quality service levels and the timely resolution of issues and inquiries.
• Facilitate support of new markets/new products through the use of our agent bank network.
• Arrange meetings with representatives from visiting agent banks.
• Ensure that all required annual due diligence deliverables are completed and documented, including annual documentation requirements, due diligence calls and/or visits, service level follow ups, etc.
• As part of the annual due diligence process, the Network RM Analyst II is expected to assess, understand and communicate to Network Management Team any changes to bank strategy, structure, model as well as any market changes that may impact the services we receive from the banks.
• Through on-going dialogue with the banks, monitor global market developments and understand the impact to BBH, our agent bank network and our clients.
• Work closely with internal subject matter experts to ensure that our banks meet our requirements.
• Respond to both internal and external client needs, by leveraging our agent bank network and local market expertise including: knowledge of securities markets, local foreign exchange markets, cash clearing regulations and payment systems.

Qualifications:

• Bachelor's degree in finance or related discipline required.
• 5+ years of relevant work experience.
• Experience in the financial services industry with strong operational understanding of the custody business.
• Ability to build and maintain strong internal and external relationships.
• Knowledge of securities markets, foreign exchange, cash clearing, and capital market regulatory considerations pertaining to foreign investment activities.
• Knowledge of the external competitive environment for the industry.
• Willingness to conduct overseas travel as part of due-diligence process.

What You Can Expect At BBH:

If you join BBH you will find collaborative environment that enables you to step outside your role to add value wherever you can. You will have direct access to clients, information, and experts across all business areas around the world. BBH will provide you with opportunities to grow your expertise, take on new challenges, and reinvent yourself-without leaving the firm. We encourage a culture of inclusion that values each employee's unique perspective. We provide a high-quality benefits program emphasizing good health, financial security, and peace of mind. Ultimately, we want you to have rewarding work with the flexibility to enjoy personal and family experiences at every career stage. Our BBH Cares program offers volunteer opportunities to give back to your community and help transform the lives of others

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, genetic information, creed, marital status, sexual orientation, gender identity, disability status, protected veteran status, or any other protected status under federal, state or local law.

Full time

Boston