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Brown Brothers Harriman · 20 hours ago

Trade Management Associate

New York

Full-time

Hybrid

Mid, Senior Level

$85K/yr - $105K/yr

5+ years exp

Brown Brothers Harriman (BBH) is a premier global financial services firm, known for premium service and specialist expertise. The Trade Management Associate is responsible for supporting trade processing and settlement activities across Fixed Income and Equity asset classes, while also focusing on trade flow automation and process optimization.

BankingFinancial ServicesSecurity

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

Qualification

Trade SettlementsPortfolio Management SupportFinancial Services KnowledgeIndustry Standard SystemsDerivatives FamiliarityMulti-taskingEffective CommunicationAttention to DetailProblem-Solving

Required

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