Transaction Management Analyst

Brown Advisory Incorporated; Baltimore (MD); On-site; USD 65,000 - 70,000; Full time

Benefits offered by this job

Medical insurance

401(k) plan with employer match

Gym membership discounts

Job summary

Brown Advisory Incorporated is seeking a candidate for the Transaction Management Team to evaluate and oversee the reconciliation process. The role focuses on corporate actions management, trading activity updates, and operational enhancements.

Qualified applicants will have a Bachelor’s degree or equivalent experience and at least 2 years in financial operations. The position offers a competitive salary and comprehensive benefits, including health programs and a 401(k) plan with employer matching.

Qualifications

• 2+ years of demonstrated success in financial or business operations.
• General market knowledge about stocks, bonds, options, derivatives, etc.
• Ability to work independently and on several assignments simultaneously.

Responsibilities

• Research, evaluate, and process mandatory corporate actions daily.
• Manage the full lifecycle of voluntary corporate actions.
• Ensure portfolio accounting system is accurately updated daily.

Skills

Strong decision-making

Problem-solving

Communication skills

Self-motivated

Detail oriented

Education

Bachelor’s Degree or 6 years equivalent work experience

Tools

MS Office applications

SS&C Advent's APX accounting platform

FIS XSPrisa for corporate actions

Bloomberg Terminal

Job description

Job Description

The Transaction Management Team is responsible for evaluating, executing, and overseeing all aspects of the reconciliation process between Brown Advisory and its custodian banks. The team works closely with operational groups to ensure accurate books and records for daily trading and reporting. The role also includes handling both voluntary and mandatory corporate actions, researching event details, interpreting terms, and accurately setting up and processing events within the firm’s platform.

Primary Duties and Responsibilities

• Research, evaluate, and process mandatory corporate actions daily.
• Manage the full lifecycle of voluntary corporate actions, including event research, election review, and post‑event validation.
• Ensure the portfolio accounting system is accurately updated daily with trading activity, corporate actions, and cash movements to support portfolio management, trading, and performance reporting.
• Oversee reconciliation operations performed by the BPO vendor, ensuring accurate and timely resolution of escalations and effective management of downstream impact.
• Proactively identify and execute process improvements that drive efficiency and risk reduction for internal and external stakeholders.
• Analyze key workflows to identify opportunities to reduce manual effort through automation, AI‑driven solutions, and process optimization.
• Contribute to firm‑wide and departmental initiatives that enhance processes, systems, and overall operational effectiveness.
• Understand the impact of income transactions, corporate actions, and other events on investment vehicles and their downstream effects on trading and performance reporting.
• Leverage Excel tools, including lookup functions and pivot tables, to compare large datasets, identify reconciliation breaks, and drive timely resolution.

Required Qualifications

• Bachelor’s Degree or 6 years equivalent work experience.
• 2+ years of demonstrated success in financial or business operations.
• General market knowledge about stocks, bonds, options, derivatives, etc.
• Strong decision‑making, problem‑solving, and communication skills, both written and oral.
• Self‑motivated and proactive team player with the ability to work well under pressure.
• Highly organized and detail oriented.
• Ability to work independently and on several assignments simultaneously.
• Proficiency with MS Office applications – Word, Excel, and Outlook.

Desired Skills & Experience

• Finance, Accounting or Economics background.
• Knowledge of corporate actions, dividends, interest payments, and cost‑basis adjustments.
• Understanding of security characteristics, market dynamics, and reconciliation impacts.
• Experience leveraging AI tools to enhance workflows, including automation, data analysis, and improving efficiency.
• Experience with SS&C Advent’s APX accounting platform.
• Experience with FIS XSPrisa for corporate actions.
• Experience with Bloomberg Terminal.
• Familiarity with IRS cost‑basis requirements.

Compensation & Benefits

Salary: $65,000 – $70,000, commensurate with experience and location.

Benefits include medical, dental, vision, wellness program participation, financial wellness program, fitness event fee reimbursement, gym membership discounts, colleague assistance program, telemedicine program, adoption benefits, daycare late pick‑up fee reimbursement, basic life & accidental death & dismemberment insurance, voluntary life, short‑term disability, paid parental leave, group long‑term disability, pet insurance, and a 401(k) plan with 50% employer match up to IRS limits and 4‑year vesting.

Brown Advisory is an Equal Employment Opportunity Employer.