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.
Brown Brothers Harriman is an award-winning asset servicing provider of global custody, fund accounting and administration, foreign exchange, securities lending, and technology solutions to leading global asset gatherers. BBH is a world class organization that was founded in 1818 and operates from 17 offices around the world with over 5,000 employees. While times have changed since we opened our doors, one thing that has remained constant is our commitment to our clients and core values. Our unique culture emphasizes teamwork, integrity, and excellence, and these values drive our success.
BBH is currently recruiting a Depositary Services Supervisor to join our dynamic Trustee & Depositary Services team. In this key role you will be responsible to assess, analyze, and monitor risks and control issues for the products and services falling under the scope of the Trustee & Depositary obligations. You will have a high level of technical acumen and analytical skills in order to foster a solution orientated and consultative approach to performing our Trustee & Depositary obligations.
Key Responsibilities:
- Monitor, report, define and document critical internal control processes
- Identify areas of risk during control reviews or reporting reviews from other departments
- Build Strong relationships with Clients and have the knowledge and ability to explain the regulatory drivers behind these requirements
- Facilitate the setting up of the necessary systematic and manual controls to facilitate identification and investigation of exceptions.
- Ensuring the funds are operating within the regulatory and constitutional documentation guidelines and validating the completeness of compliance reviews.
- Assist in the collection and review of documentation received in relation to the look-through assessment, recordkeeping and verification of ownership for held away assets and proactively monitor the status and completion of those tasks and follow up to obtain required client documentation
- Support the team in determining appropriate resolutions to new regulatory obligations
- Formulate corrective actions, where applicable, to resolve identified exceptions
- Prepare and review documentation for regulators and external auditors
- Support the Team on questions from clients, regulators, external auditors and/or BBH internal departments
- Escalate within the team significant audit issues, set direction/communicate proposed manner of resolution of audit issues and concerns that have a significant impact
- Maintain effective working relationships at relevant levels with other departments
- Coordinate internal and external projects in an efficient and thorough manner
- Prepare periodic management reporting specific to the trustee business
Qualifications:
1. Education level and/ or experience
- Graduate or post graduate level education, or specialized training diploma with a preference to the fields of legal, compliance, risk or accounting.
- Minimum 3 years’ experience working within the funds industry or relevant business line
2. Knowledge and skills
- Excellent analytical, communication and interpersonal skills with ability to present complex and sensitive issues
- Proven technical skills and experience in mutual funds or unit trusts
- Good knowledge in the Hong Kong SFC regulations, codes and guidelines and industry best practices.
- Demonstrates Microsoft Office skills (with emphasis placed on Excel proficiency)
- Ability to learn and adapt to new technologies and systems
- Ability to identify, escalate and resolve a problem
- Ability to communicate professionally through effective verbal and written skills
- Ability to manage time efficiently and effectively
- Organizational skills and detail oriented
- Ability to work in a team environment
- Ability to meet deadlines and work under pressure
- English language proficiency is required; Cantonese and Mandarin are preferred.
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