At BBH we value diverse backgrounds, so if your experience looks a little different from what we've outlined and you think you can bring value to the role, we will still welcome your application!
What You Can Expect At BBH:If you join BBH you will find a collaborative environment that enables you to step outside your role to add value wherever you can. You will have direct access to clients, information and experts across all business areas around the world. BBH will provide you with opportunities to grow your expertise, take on new challenges, and reinvent yourself-without leaving the firm. We encourage a culture of inclusion that values each employee's unique perspective. We provide a high-quality benefits program emphasizing good health, financial security, and peace of mind. Ultimately we want you to have rewarding work with the flexibility to enjoy personal and family experiences at every career stage. Our BBH Cares program offers volunteer opportunities to give back to your community and help transform the lives of others.The Investment Research Group (IRG) is the centralized investment team within BBH's Multi-Family Office (MFO) business that is responsible for asset allocation, manager selection and monitoring, risk management, and other investment-related decisions. Currently IRG oversees an asset base in excess of $50 billion dollars that is invested in over 25 different internal and external investment strategies.The Investment Operations Analyst will provide operational (i.e., non-investment related) support to IRG by implementing operational solutions that enhance the decision-making and execution process. Specific responsibilities will include:(1) producing a range of portfolio and manager level reports; (2) assisting with operational processes (3) conducting performance analysis and various other client reporting; and (4) interfacing with other operationally focused teams throughout BBH to further improve synergies across pillars.
ResponsibilitiesPortfolio Analytics & Risk Management
- Maintain gross and net manager performance and analytics in various systems and models to produce performance and risk packets
- Maintain equity manager portfolios on Bloomberg, weekly investment dashboard, fee look-through and yield models, model portfolio performance slides, and produce other portfolio-level investment reporting
- Maintain and update quarterly fund review slides for all BBH-approved managers, monthly manager ratings matrix, and monthly performance
- Update and distribute reports on AUM (by manager and investment platform), deviations vs. target allocations, and KPIs (including risk/look-through analyses on Bloomberg)
- Track and maintain investment-related information on central spreadsheets and databases
- Examine and analyze, audited financial statements, and other financial reports and documents of individual funds/managers to supplement the portfolio monitoring processes
- Produce attribution reports and maintain various risk metrics to assist the investment team in making informed decisions
- Assist with investment sizing recommendations based on analyses of potential demand
- Review and research portfolio compliance alerts
Operational Processes
- Partner closely with the investment team to oversee and optimize investment operations processes
- Continuously assess internal processes to identify and achieve operational efficiencies
- Assist with project management and identify operational needs associated with new investments, portfolio activity, and exits; Assist in overseeing and tracking all deliverables related to new manager launches and manager redemptions
- Facilitate the flow of information to the various operations, accounting, and trading teams and BBH Investor Services, and provide support for audits, as needed
- Maintain and update the team's desk manual, procedures, and Risk and Control Self-Assessment (RCSA), as appropriate
- Serve as a liaison to the Operational Due Diligence team in tracking operational due diligence on existing and high priority prospective managers
Technology and Systems
- Maintain and update the IRG marketing portal and ensure resource documents are kept current
- Maintain and drive best practices within the team research management system (Bipsync)
- Identify industry trends and technology needs in order to lead process improvements and technology projects, including vetting and selection, and implementation of technology vendors
- Assist in the creation and maintenance of an external IRG webpage
- Maintain and upload accurate portfolio data to client reporting tools
Qualifications- 3-5 years of direct experience in an operations capacity
- Exceptional attention to detail and commitment to improving accuracy of data and preventing errors
- Familiarity and comfort with investment accounting, reporting, and performance concepts
- Strong quantitative and analytical skills
- High level of proficiency in Excel including working in complex models and the ability to calculate investment performance/metrics
- Experience with software systems relevant to investment/risk management, including Bloomberg, is desirable
- Organized and disciplined self-starter with ability to take ownership of responsibilities and projects and execute to a high standard
- Ability to prioritize multiple tasks while ensuring deadlines are met with high-quality deliverables
- Strong communicator, both written and verbal
- A proactive interest in streamlining processes, and knowledge of available technology in that pursuit
- Strong conceptual, analytical, and critical thinking skills
- Intellectual curiosity and a desire to learn and grow professionally
- A team player: strong interpersonal skills and ability to work effectively in a team environment
- The highest level of integrity
- Desire for a career in investment operations, reporting, and performance analysis
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.
Salary Range$90,000-$120,000
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.