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Risk Manager

Company:
Brown Brothers Harriman
Location:
Luxembourg
Posted:
June 18, 2024
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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.

Enterprise Risk Management are currently looking to hire an Investor Services Risk Manager 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. As a risk management subject matter expert, the Risk Manager will also provide analysis and support the Product Divisions in understanding their risk profile. 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, and make an impact within a critical and highly visible firm.

Key responsibilities include:

Ensuring new business and day to day operations are in line with the firm’s stated risk appetite.

Acting as a strategic ally to Product division leaders in their proactive identification, measurement, management and monitoring of risk within the Investor Services line of business.

Leading and driving a culture of risk awareness, transparency and escalation across the Investor Services lines of business.

Supporting the holistic management of risk associated with new business, business change and issue resolution, acting in a leadership capacity as required.

Actively participating in various forums designed to assess new products and services to ensure all identified risks have been appropriately defined and proper mitigating controls have been identified and implemented and all residual risks are acknowledged and accepted by the business prior to launch

Identifying, assessing and escalating trends, control weaknesses and supporting the development of sustainable solutions for the management of risk in the business.

Actively seeking to Lead/Perform targeted risk/control reviews of Operational processes/workflows. Present findings and recommendations. Monitor/Track corrective action plans, analyze trends and assess root causes re: audit/regulatory findings, risk and control self-assessment gaps and risk events.

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.

Providing a high standard of risk reporting and communication on risk and control topics and representing the ERM InServ Risk function within the Investor Services line of business and on a firmwide basis.

Fostering a culture of risk transparency, regulatory risk awareness and appropriate risk escalation to the senior management team.

Developing and supporting training initiatives for Investor Services employees to develop risk awareness, risk culture and understanding of fundamental control principles.

Providing support and insights on industry best practice to initiatives impacting the Investor Services Line of Business.

Working closely with senior business leadership and peers in ERM, Office of General Counsel, Compliance and Internal Audit to ensure effective and proactive business risk mitigation.

Representing BBH on client engagements, industry association initiatives, industry working groups, conference panels and other engagements as appropriate.

Qualifications:

College graduate

A minimum of 10 years relevant industry experience in the asset management or asset servicing industry; with control management with Fund Accounting, Transfer Agency, Fund Administration, Custody operations or experience within a risk and control function (Audit, Risk, Compliance, Legal).

An enquiring mind, analytical skills and an eye for detail.

Strong communication skills, both written and oral.

Strong collaboration and interpersonal communication skills.

Strong experience with Excel and PowerPoint

What We Offer:

A collaborative environment that enables you to step outside your role to add value wherever you can

Direct access to information and experts across all business areas around the world

Opportunities to grow your expertise, take on new challenges, and reinvent yourself—without leaving the firm

A culture of inclusion that values each employee’s unique perspective

High-quality benefits program emphasizing good health, financial security, and peace of mind

Rewarding work with the flexibility to enjoy personal and family experiences at every career stage

Volunteer opportunities to give back to your community and help transform the lives of others

62806

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