Brown Brothers Harriman

Foreign Exchange (FX) Trading Risk & Control Analyst

Brown Brothers Harriman$75K — $90K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; preference for finance with a background in data disciplines.
  • 2+ years of relevant experience in foreign exchange or prime brokerage preferred.
  • Knowledge of foreign exchange trading instruments is a plus.
  • Experience using SQL and/or Python, with familiarity with Bloomberg and BI tools preferred.
  • Expert level proficiency in Microsoft Office, particularly Excel VBA.

Responsibilities

  • Monitor market volatility to manage principal exposure within risk appetite.
  • Maintain and develop metrics and analysis of P&L attribution.
  • Assist in establishing processes and controls for FX product risks.
  • Liaise with Credit and Treasury functions on settlement and credit issues.
  • Prepare risk analysis as required by senior personnel or for new offerings.
  • Act as liaison with internal control functions and assist in resolving audit issues.

Benefits

  • Comprehensive health coverage and income protection programs.
  • Long-term savings and profit-sharing plans.
  • Opportunities for professional development and growth.
  • Generous paid time off policies.
  • Hybrid working model with a minimum of three days in the office.
Full Job Description

The FX Trading Risk and Control Analyst will assist in developing and monitoring risk management standards for the FX Trading product. The position sits within BBH’s Enterprise Risk Management division and is co-located with BBH’s FX trading teams and associated support functions. The position entails managing market, credit, and operational risk associated with BBH’s FX business, and the ongoing development of metrics and analyses in support of this.

Some of your key responsibilities include:  

Risk Management

  • Monitor market volatility through quantitative techniques to ensure principal exposure is within firm’s risk appetite. Leaise with FX Traders to ensure adherence to limits. Appropriately escalate exceptions. 
  • Maintain and assist in ongoing development of metrices and analysis of P&L attribution.
  • Assist in establishing processes, documentation, and controls to manage risks associated with FX product offering, including those required for new product offerings.
  • Liaise 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.

Qualifications:    

Education

  • Bachelor's degree required; preference for financial degree with a dual in a data discipline like data analytics, data science, statistics, or math
  • 2+ years of relevant work experience with foreign exchange or prime broker preferred

Knowledge and skills (general and technical)      

  • Knowledge of foreign exchange Trading instruments preferred. Knowledge of BBH products, services and practices a plus.
  • Experience using SQL and/or Python a plus, as is Bloomberg knowledge and experience of BI tools (e.g. Qlik, Spotfire etc.)
  • Expert level understanding of Microsoft office including Excel VBA.
  • Assist in the resolution of any audit and control issues related to FX Risks and Controls
  • Coordinate with FX business, Systems, and Operations teams when needed to achieve control solutions
  • 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.

This role is based in our New York City location and is a hybrid role, with a minimum of three days per week in office.

   

Salary Range

NY: $75,000 - 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 Brown Brothers Harriman

Brown Brothers Harriman & Co. (BBH) is the oldest and largest private bank in the United States. Founded in 1818, BBH has been a leader in the financial industry for over 200 years. The company provides a wide range of financial services to individuals, families, and institutions, including wealth management, investment management, and private banking. BBH has offices in the United States, Europe, and Asia, and manages over $1.6 trillion in assets.
Learn more about Brown Brothers Harriman
Size
7,000 employees
Industry

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