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.
Robust Risk Management centered on the protection of the firm and its clients is core to BBH’s philosophy. We are seeking a passionate and committed individual who enjoys collaborating with others to find new solutions to complex business challenges to lead the Risk Analyst function for our Foreign Exchange business. We are looking for the type of person who seeks deep understanding of complex businesses, is comfortable with the technical aspects of their role, 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 the firm and our client’s financial well-being.
The FX Senior Trading and Risk Analyst will assist the Group Leader to establish and conduct risk controls and best practices for the FX Trading product. This position will assist FX management and the firm in understanding and responding to risks for the FX Trading product in a timely manner.
Some of your key responsibilities include:
Risk Management & Governance
- Establish, maintain, and evolve quantitative techniques and risk methodologies to measure market and volatility risk
- Ensure appropriateness and oversee preparation of risk reporting and analysis, including ad hoc analysis
- Provide technical expertise in support of creating ever more efficient means of conducting daily oversight tasks as required for BBH’s FX business.
- Establish detailed understanding of FX PnL calculation. Establish, maintain and evolve associated analytical tools.
- Produce analysis as required in support of governance and oversight activities, including executive level oversight committees.
- Presentation of such analysis to oversight bodies as required.
- Research and interpret industry trends and prepare reports for management, as requested
- Establish detailed understanding of FX PnL calculation. Establish, maintain and evolve associated analytical tools.
- Assist in determining appropriate action to resolve risk events (e.g. market exposures) that arise in connection with FX or other area within BBH’s Markets division
- Analyze risks for new FX products and services.
Qualifications:
Education level and/or relevant experience(s)
- Bachelor degree in finance or related discipline.
- 8 plus years of relevant work experience.
- Experience in a front office Risk/Control function in the financial services industry.
- CFA or progress thereto a significant plus
Knowledge and Skills (general and technical)
- Familiarity with quantitative risk measurement methodologies (e.g. VaR)
- Experience with coding/building prototype risk models and reporting using Python, R, SQL etc. a significant plus
- Comfort with managing large datasets, mining data from disparate source in support of analysis
- Must be a self-starter who can work independently to identify risks/solutions and drive initiatives to completion
- Must be able to work independently with limited direct supervision
- Experience with BI tools (e.g. Qlik, Spotfire, Sisense) beneficial
- Ability to articulate risk management policies and methodologies.
- Strong interpersonal, relationship and negotiation skills.
- Excellent problem solving and analytical skills.
- Strong written and verbal communication skills, including presentations.
This role is based in our New York City location and is a hybrid role, with three days per week in office.
Salary Range
$120k - $150k base salary + annual bonus target
BBH’s compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range(s) shown above are only for the indicated location(s) 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 value diverse experiences. We value diverse experiences and transferrable skillsets. If your career hasn’t followed a traditional path, includes alternative experiences, or doesn’t meet every qualification or skill listed in the job description, please do go ahead and apply.
About BBH:
Brown Brothers Harriman (BBH) is a premier global financial services firm, known for premium service, specialist expertise, technology solutions and partnership approach to client management. Across Investor Services and Capital Partners, we work with an enviable roster of sophisticated clients who make BBH their first call when they are tackling their hardest challenges. Delivering for our clients and each other energizes us.
We believe that how we do our work is just as important as what we do. We are relentless problem solvers who know our best ideas come from collective debate and development—so we are never possessive about our ideas. Every day we come together as a diverse community of smart and caring people to deliver exceptional service and expert advice—creating success that lasts. No matter where you sit in the organization, everyone is empowered to contribute their ideas. BBHers can pick up the phone and call any colleague, and they are happy to help. Expanding your impact beyond your daily role is part of how we operate as trusted partners to one another.
We believe stability is a competitive advantage, but being stable means having the knowledge, skill, and discipline to evolve, often—pushing the boundaries of innovation. As a private partnership, every investment we make is in the relationships, technologies, products and development we believe are in the long-term interests of our clients and our people. Our long-tenured leaders are experts in their areas and are actively involved in the day-to day business, taking the time to provide guidance and mentoring to build the next generation of BBHers. Because we know, our success begins with yours.
Go to BBH.com to learn more about our rewards and benefits, philanthropy, approach to sustainability or how we support you to thrive personally, physically and financially.
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.