Senior Risk Analyst, Investor Services

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.

Join us as a Senior Risk Analyst

Brown Brothers Harriman is currently recruiting an Investor Services Senior Risk Analyst. The successful candidate will be responsible for proactive identification, assessment, monitoring, measurement, and mitigation of operational risks.  As a risk management subject matter expert, the Senior Risk Analyst will also provide analysis and support the Product Divisions in understanding their risk profile. This role will provide the right candidate with an opportunity to gain exposure to a variety of business functions, including other control functions such as Internal Audit, General Counsel and Compliance, and make an impact within a critical and highly visible department of the firm.

Some of your key responsibilities include:  

• Ensure new business and day to day operations are in line with the firm’s stated risk appetite.
• Support product division leaders in their proactive identification, measurement, management and monitoring of risk within the InServ line of business. Develop weekly management reporting for incidents tracking.
• Promote a culture of risk awareness, transparency and escalation across the LOB.
• Participate in various forums designed to assess new products and services to ensure all identified risks have been appropriately defined, proper mitigating controls have been implemented and all residual risks have been acknowledged and accepted by the business prior to launch.
• Identify, assess and escalate trends, control weaknesses and support the development of sustainable solutions for the management of risk in the business.
• Actively seek to perform targeted risk/control reviews of Operational processes/workflows. Present findings and recommendations.  Monitor/Track corrective action plans, analyze trends and assess root causes re: audit/regulatory findings, risk and control self-assessment gaps and risk events.
• Leverage existing risk management tools, such as the Firmwide Risk Event Database (FRED) and Risk and Control Self-Assessment (RCSA) database to assist in analysis of risk matters/incidents.
• Support the InServ Risk Leadership team with implementation of the risk and control framework within Investor Services (including governance, procedures, and risk-control infrastructure) for InServ’s strategy that aligns with the Firm’s risk management policies and meets regulatory expectations.
• Develop and support training initiatives for InServ staff to promote risk awareness, risk culture and understanding of fundamental control principles.
• Provide support and insights on industry best practice to initiatives impacting the Investor Services Line of Business.

Desired Qualifications:

• An analytical and enquiring mind
• Bachelor’s degree in finance or related discipline or equivalent work experience required
• 5+ years of relevant work experience in the funds industry
• Experience working in the financial services industry required
• Strong interpersonal, relationship and negotiation skills
• Motivated with ability to manage multiple tasks simultaneously, while meeting deadlines
• Understanding of operational procedures and controls related to custody practices
• Strong analytical skills pertaining to risk identification
• Experience with Microsoft Office products
• Ability to articulate risk management policies and methodologies
• Knowledge of BBH products, services and practices, preferred
• Experience in the field of Shared Services, ETF, Transfer Agency and or Accounting/ Alternative Fund Serving is an advantage
• Experience in Operations/ Internal Audit / Compliance / Risk Management

This role is based in our Boston location and is a hybrid role, with a minimum of three days per week in office.

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 wi