FX Senior Trading Risk and Control Analyst
New York, NY 
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Posted 28 days ago
Job Description

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.

Foreign Exchange (FX) Senior Trading Risk & Control Analyst

At Brown Brothers Harriman, we believe no job is too big or small for any of us to handle if it helps our clients. We value passionate, committed people who enjoy collaborating with others to find new solutions to complex business challenges. We are looking for the type of person who speaks their mind, truly listens 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 our client's financial well-being.

The FX Senior Trading Risk and Control Analyst will assist in developing and monitoring risk management standards for the FX Trading product. The position entails managing market, credit, operational, and regulatory risk associated with BBH's FX business, and the ongoing development of metrics and analyses in support of this. The role additionally details analysis and monitoring of regulatory capital consumption, and production of metrics to support balance sheet optimization activities.

Some of your key responsibilities include:

1. Risk Management

  • Perform core daily risk management oversight for FX Trading business including VaR analysis, open position monitoring, adherence to limits, and stress scenario modeling.
  • Monitor market volatility through quantitative techniques to ensure principal exposure is within firm's risk appetite.
  • Maintain and assist in ongoing development of metrices and analysis of P&L attribution, regulatory capital consumption and return on capital / RWA.
  • Assist in establishing processes, documentation, and controls to manage risks associated with FX product offering, including those required for new product offerings.
  • Liaise with FX Trading Desk personnel on risk related items, and with BBH's Credit and Treasury functions on settlement & credit related items.
  • Prepare ad hoc risk analysis as required by senior business or risk personnel or as required for proposed products or services.
  • Act as liaison with internal control functions including Audit, Compliance and Model Validation team and assist in the resolution of any audit or control issues related to FX products.
  • Prepare System Programming Requests related to FX Risk and Control objectives.

Education level and/or relevant experience(s)

  • Bachelor degree in finance, mathematics, economics or related discipline
  • 5 plus years of relevant work experience with foreign exchange or prime brokerage experience preferred
  • Masters degree or CFA (or progress thereto) an advantage

Knowledge and skills (general and technical)

  • Understanding of VaR, default and settlement risk, stress testing, and mark to market calculations
  • Comfortable working with large data sets that require joining tables from disparate databases
  • Experience with coding/building prototype risk models and reporting using Python, R, SQL etc.
  • Must be comfortable working in fast paced environment with ability to make and communicate effective risk management decisions
  • Expert level understanding of Microsoft office including Excel VBA.
  • Experience with BI tools (e.g. Qlik, Spotfire, Sisense) beneficial
  • Ability to articulate risk management policies and methodologies.
  • Strong interpersonal, relationship and negotiation skills.
  • Experience with the foreign exchange industry, including products and trends preferred.
  • Excellent problem solving and analytical skills.
  • Strong written and verbal communication skills, including presentations.

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

$80,000 - $110,000

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.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
5+ years
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