Markets Risk Lead (fx & Securities Lending)

London, United Kingdom

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\xe2\x80\x94without leaving the firm. We encourage a culture of inclusion that values each employee\xe2\x80\x99s 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.

BBH Investor Services Ltd. (BBHISL) plays a central role in the delivery of BBH\xe2\x80\x99s Markets services (FX, Currency Administration, and Securities Lending), with Trading, Product Development, Relationship Management, Sales & Marketing and Risk personnel all on site at our City of London office. Robust Risk Management centered on the protection of the firm and its clients is core to BBH\xe2\x80\x99s philosophy. We are seeking a passionate and committed individual who enjoys collaborating with others to find new solutions to complex business challenges to lead our Risk Management team in London. We are looking for the type of person who seeks deep understanding of complex businesses, 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 the firm and our client\xe2\x80\x99s financial well-being.

Some of your key responsibilities include:

1. Risk Management & Governance

  • Serve as London risk management lead for BBH Markets business
  • Establish and maintain processes, documentation, and controls to manage the various risks associated with FX Trading and Securities Lending activities
  • Establish and maintain quantitative techniques and risk methodologies to measure market and volatility risk
  • Ensure appropriateness and oversee preparation of risk reporting and analysis, including ad hoc analysis
  • Lead preparation of relevant Board and Oversight Committee materials, inclusive of Order Handling (best-ex) oversight materials for BBHISL\xe2\x80\x99s Agency FX product
  • Research and interpret industry trends and prepare reports for management, as requested
  • Assist in the resolution of any audit and control issues related to FX, Currency Administration, or Securities Lending businesses
  • Assist in determining appropriate action to resolve risk events (e.g. market exposures) that arise in connection with FX or Securities Lending activities
  • Assist in research and investigation of issues raised by various management and oversight committees
  • Assist in assessing impact / applicability of new regulation / regulatory requirements, and participate in governance forums associated with regulatory reporting obligations
  • Participate in the Risk and Control Self Assessment process
  • Analyze risks for new FX or Securities Lending products and services
2. Business Partnership and Communication
  • Coordinate with Systems and Operations when needed to achieve control solutions
  • Evaluate processes and monitor controls for managing business risk
  • Monitor business activities and procedures to ensure compliance with established business policies and regulations.
  • Assist internal audit with their examination requests
  • Provide subject matter expertise to clients and prospects as required, and assist business line personnel with RFPs and client due diligence requests
  • Review FX policy guidelines with FX Traders, Relationship Managers and support staff and ensure they are fully educated on compliance
Qualifications:

Education level and/or relevant experience(s)
  • Bachelor degree in finance or related discipline or equivalent work experience required.
  • 8 plus years of relevant work experience.
  • Experience in a Risk/Control function in the financial services industry.
  • CFA or progress thereto a plus
Knowledge and skills (general and technical)
  • Familiarity with quantitative risk measurement methodologies (e.g. VaR)
  • Experience with coding/building prototype risk models and reporting using Python, R, SQL etc. a plus.
  • Must be comfortable working in fast paced environment with ability to make and communicate effective risk management decisions
  • Must be a self-starter who can work independently to identify risks/solutions and drive initiatives to completion
  • Must be able to work independently with limited direct supervision
  • Experience with BI tools (e.g. Qlik, Spotfire, Sisense) beneficial
  • Ability to articulate risk management policies and methodologies.
  • Strong interpersonal, relationship and negotiation skills.
  • Excellent problem solving and analytical skills.
  • Strong written and verbal communication skills, including presentations.

Brown Brothers Harriman

Beware of fraud agents! do not pay money to get a job

MNCJobs.co.uk will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Job Detail

  • Job Id
    JD2979937
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    London, United Kingdom
  • Education
    Not mentioned