Risk Analyst - Operational Due Diligence

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 Risk Analyst - Operational Due Diligence

Brown Brothers Harriman is currently recruiting for a Risk Analyst - Operational Due Diligence to join our Risk Team. In this role you will be responsible for supporting the operational due diligence review process and ongoing monitoring all investment managers reviewed and approved for the Private Banking investment platform. The population of managers includes internal and external products structured as various fund types, including (but not limited to) registered funds, private funds and separately managed accounts.

The analyst will participate in due diligence reviews focusing on a broad array of non-investment topics including portfolio implementation and monitoring, trading operations, fund accounting and administration, human capital management, regulatory compliance, legal entity risks, tax risks, information technology, cyber risk and general business practices. The final due diligence reports will be presented to an internal risk oversight committee. Additional presentations are made to various oversight committees of BBH and fund boards as needed.

Additional responsibilities include assisting in the creation and presentation of meeting materials to oversight committees, oversight of investment manager negative news monitoring program and monthly portfolio compliance process, and participation in various risk and business initiatives. As needed, the Risk Analyst will also work on other risk management initiatives outside of the operational due diligence program, providing a broader risk management experience.

Some of your key responsibilities include:

Operational Due Diligence:

• Prepare for and participate in on-site and off-site due diligence on behalf of BBH Private Banking for investment managers and relevant affiliated entities as deemed necessary.
• Perform detailed reviews of manager documentation including due diligence questionnaires, offering and deal documents, financial statements, regulatory filings and policies and procedures.
• Assist in the drafting and preparation of due diligence reports documenting the due diligence performed, findings and conclusions.
• Become a subject matter expert on due diligence and become proficient in the areas of focus.
• Coordinate with other parts of the BBH organization to bring functional expertise to the operational due diligence process as required (e.g., Investment Research Group, Investment Product Group, external consultants, Controllers, Credit, Office of the General Counsel, Compliance, and Internal Audit)
• Participate in the fund governance structure of Private Banking including assisting with the organization and administration of Private Banking Funds Risk Oversight Committee meetings and agendas.

Broader Risk Management:

• Support PB risk management objectives and goals
• Support the Investment Research Group and Investment Product Group in the development and implementation of the Private Banking investment platform.
• Support the Risk Management group in other ad hoc initiatives and projects, particularly when the work is a good fit based upon acquired skill sets.

Qualifications:

• Bachelor's degree
• Minimum of 3 years of relevant work experience
• Previous experience performing operational due diligence of investment managers a plus, or experience in audit, accounting, operations, and/or compliance.
• Understanding of risk management policies and methodologies
• Ability to analyze business processes to identify risks, assess risk levels and identify mitigating controls.
• Project Management experience is a plus.
• Demonstrated ability to exercise independent judgment.
• Knowledge of fund structures, investment strategies, trading processes, fund compliance and systems
• Strong relationship management skills
• Ability to effectively interact with all levels of management both internally and externally.
• Strong written and oral communication skills
• Strong knowledge of Microsoft Office suite (Excel, Word, Powerpoint)

What We Offer:

• A collaborative environment that enables you to step outside your role to add value wherever you can
• Direct access to clients, information and experts across all business areas around the world
• Opportunities to grow your expertise, take on new challenges, and reinvent yourself-without leaving the firm
• A culture of inclusion that values each employee's unique perspective
• High-quality benefits program emphasizing good health, financial security, and peace of mind
• Rewarding work with the flexibility to enjoy personal and family experiences at every career stage
• Volunteer opportunities to give back to your community and help transform the lives of others

BBH's compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range for this role is $75,000 to $85,000, which is specific to New York, NY and may differ in other locations due to cost of living and labor considerations. Base salaries may vary based on factors such as skill, experience and qualification for the role. 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.

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

New York