Assistant Risk Manager Jobs in Massachusetts (NOW HIRING)

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.

Enterprise Risk Management are looking to hire an Investor Services Risk Analyst to drive our mission; to strengthen and protect the firm and its clients by: (i) Establishing a global framework for identifying and anticipating risks to the Firm; (ii) Supporting our lines of business to execute our program of measuring, managing, and monitoring those risks; and (iii) Driving a culture of risk awareness, transparency and escalation.

The successful candidate will be responsible for proactive identification, assessment, monitoring, measurement, and mitigation of operational risks. 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, Office of General Counsel and Compliance.

Key responsibilities include:

• Reviewing the accuracy and completeness of control and process events and analyzing the financial impacts of these events. In addition to the review, assessing the corrective actions effectiveness to mitigate event reoccurrence with the business teams, and escalating matters to the Risk Manager as needed.
• Monitoring and tracking the progress of the corrective actions and collaborating with peers to resolve any challenges.
• Assisting in establishing processes, documentation, and controls to manage the various risks across the lines of business, coordinating with internal teams as appropriate.
• Actively participating in the administration and analysis of risk and control self-assessments across Investor Services by ensuring that a robust review has been completed accurately in a timely manner based on established policies and procedures.
• Assisting the lines of business with presentations of processes and controls, and report generation as a part of the SOC1 audit engagements with External Auditors.
• Assisting the SOC1 Program Manager and business with actioning requests from External Auditors as well as performing administrative tasks.
• Identifying, assessing, and escalating trends, control weaknesses, root causes, and supporting the development of sustainable solutions for the management of risk in the business.
• Performing risk/control reviews of Operational processes. Developing narratives and process flows as part of the presentation of the findings and recommendations.
• Participating in the dissemination of business policies and procedures impacting the lines of business.
• Leveraging existing risk management tools, such as the firmwide risk event database and risk and control self-assessment database to assist in causal analysis of risk matters/incidents.
• Working closely with the lines of business as the point of contact and peers in ERM, Compliance and Internal Audit to ensure effective and proactive business risk mitigation.

Qualifications:

• Bachelors degree or equivalent working experience.
• A minimum of 5 years of relevant industry experience in the asset management or asset servicing industry; Fund Accounting and Fund Administration experience preferred; Transfer Agency and Custody operations experience or experience within a risk and control function (Audit, Risk, Compliance, Legal or Big 4 Accounting Firm) is a plus.
• Strong experience with Excel, Visio, and PowerPoint.
• Strong communication skills, both written and oral.
• Strong collaboration and interpersonal communication skills.

Salary Range

MA: $65,000 - $90,000 base salary + annual bonus target

BBH and its affiliates' 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.

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 with an enviable roster of sophisticated clients who make BBH their first call when they are tackling their hardest challenges. Delivering for our clients and each other energizes us.

We believe that how we do our work is just as important as what we do. We are relentless problem solvers who know our best ideas come from collective debate and development-so we are never possessive about our ideas. Every day we come together as a diverse community of smart and caring people to deliver exceptional service and expert advice-creating success that lasts. No matter where you sit in the organization, everyone is empowered to contribute their ideas. BBHers can pick up the phone and call any colleague, and they are happy to help. Expanding your impact beyond your daily role is part of how we operate as trusted partners to one another.

We believe stability is a competitive advantage, but being stable means having the knowledge, skill, and discipline to evolve, often-pushing the boundaries of innovation. As a private partnership, every investment we make is in the relationships, technologies, products and development we believe are in the long-term interests of our clients and our people. Our long-tenured leaders are experts in their areas and are actively involved in the day-to day business, taking the time to provide guidance and mentoring to build the next generation of BBHers. Because we know, our success begins with yours.

Go to BBH.com to learn more about our rewards and benefits, philanthropy, approach to sustainability or how we support you to thrive personally, physically and financially.