FX Risk Manager

Brown Brothers Harriman (BBH); New York (NY); In loco; USD 130.000 - 180.000; Tempo pieno

Descrizione del lavoro

Brown Brothers Harriman (BBH) is seeking an FX Risk Manager in New York to provide independent risk oversight of the FX trading desk and related activities. The role partners with Treasury, Compliance, and other control functions to ensure adherence to risk appetite and regulatory constraints.

The ideal candidate has deep FX markets knowledge, risk measurement expertise, and the ability to lead a risk analytics team, while communicating complex concepts to senior executives.

Competenze

• Bachelor's degree in finance, economics, mathematics, or related quantitative discipline; advanced degree desirable.
• 10–15+ years of relevant experience in financial markets, market risk, trading, quantitative risk, or closely related discipline.
• Experience in a front office risk or control function within the financial services industry.

Mansioni

• Provide independent risk oversight of the FX trading desk.
• Establish, maintain, and evolve techniques and risk methodologies to measure market and volatility risk.
• Build and maintain a team of risk professionals capable of operating independently from the business in analysis and data gathering.
• Assess the impact of major market events, including currency shocks and regulatory changes.
• Oversee the preparation of risk reporting and analysis for executive oversight.
• Provide technical expertise to develop efficient approaches to daily risk oversight for BBH’s FX business.
• Serve as a senior point of contact between the FX department and Treasury, Credit Risk, Operations, Compliance, Internal Audit, and Model Risk.
• Establish, maintain, and enhance P&L analytical tools.
• Help determine actions to resolve risk events within FX or Markets.
• Assess risks associated with new FX products and services.

Conoscenze

FX risk management

FX trading

Quantitative analysis

Risk reporting

Python/R/SQL

Executive communication

Stakeholder management

Regulatory knowledge

BI tools (Qlik Spotfire Sisense)

Formazione

Bachelor's degree in finance/economics/mathematics

Advanced degree desirable

Strumenti

Python

R

SQL

Qlik

Spotfire

Sisense

Descrizione del lavoro

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.

Robust Risk Management centered on the protection of the firm and its clients is core to BBH’s philosophy. The FX Risk Manager is responsible for the independent oversight and management of market, liquidity, and related risks arising from the bank's Foreign Exchange trading activities. The role serves as senior risk partner to the FX business, while being organizationally positioned to exercise independent risk oversight and challenge, and to ensure FX trading activities are conducted within the bank's established risk appetite, limits, policies, and regulatory constraints.

The position requires a deep understanding of FX markets, trading strategies, risk measurement methodologies, and the regulatory environment applicable to a US banking organization with a global client base.

Some of your key responsibilities include:

Risk Management & Governance

• - Provide independent risk oversight of the FX trading desk and associated functions
• - Establish, maintain, and evolve quantitative techniques and risk methodologies to measure market and volatility risk
• - Build and maintain a team of risk professionals capable of operating independently from the business in analysis and data gathering, and establish the team as a center of excellence for risk analytics
• - Assess the impact of major market events, including currency shocks, central bank actions, geopolitical events, and changes in market liquidity
• - Oversee the preparation of risk reporting and analysis, including ad hoc analysis, and ensure its appropriateness for executive oversight bodies
• - Provide technical expertise to develop increasingly efficient approaches to daily risk oversight for BBH’s FX business
• - Serve as a senior point of contact between the FX department and Treasury, Credit Risk, Operations, Compliance, Internal Audit, and Model Risk
• - Establish, maintain, and enhance P&L analytical tools
• - Help determine appropriate actions to resolve risk events, such as market exposures, arising within FX or other areas of BBH’s Markets division
• - Assess risks associated with new FX products and services

Qualifications:

• - Bachelor's degree in finance, economics, mathematics, or a related quantitative discipline; advanced degree or professional qualification desirable
• - 10–15+ years of relevant experience in financial markets, market risk, trading, quantitative risk, or a closely related discipline
• - Experience in a front office risk or control function within the financial services industry

Knowledge and Skills (general and technical)

• - Prior experience as an FX risk manager, FX trader, quantitative analyst, or senior market risk professional
• - Experience managing risk during periods of significant market stress
• - Familiarity with quantitative risk measurement methodologies, e.g. VaR
• - Experience coding and building prototype risk models and reports using Python, R, SQL, or similar tools, or overseeing such efforts
• - Ability to explain complex quantitative risk concepts clearly to senior executives and non-specialists
• - Demonstrated leadership and influence, identify risks, develop solutions, align cross-functional teams, and drive complex initiatives through completion
• - Ability to balance business needs with risk considerations, provide independent challenge, and clearly articulate issues to senior stakeholders and oversight committees
• - Deep understanding of FX markets, trading strategies, risk measurement methodologies, and the regulatory environment applicable to a US banking organization with a global client base
• - Experience with BI tools, such as Qlik, Spotfire, or Sisense, is beneficial
• - Strong relationship-building, negotiation, and team development skills, with the ability to build trusted partnerships, navigate competing priorities, and develop risk professionals

Salary Range

NY: $130,000 - $180,000 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.

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 …

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 .
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.