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Trade Management Associate
| Company | Brown Brothers Harriman |
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| Location | New York, NY, USA |
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| Salary | $85000 – $105000 |
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| Type | Full-Time |
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| Degrees | Bachelor’s |
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| Experience Level | Mid Level, Senior |
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Requirements
- 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
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.
Preferred Qualifications
No preferred qualifications provided.
