Structured Products Trader at Brown Brothers Harriman (BBH)

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

04 Apr, 26

Salary

160000.0

Posted On

04 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Structured Products, Trading, Portfolio Management, Cash Flow Modeling, Analytical Skills, Communication Skills, Relationship Management, Fixed Income, Credit Products, Bloomberg, Intex, Excel

Industry

Financial Services

Description

At BBH, Partnership is 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 BBH legacy and a shared passion for what’s next, this is the right place to build a fulfilling career. BBH is seeking an entrepreneurial professional to trade and manage structured product deal flow on behalf of BBH Credit Partners’ client portfolios. The role involves generating trade ideas and identifying investment opportunities in the structured products market. BBH’s Credit Alternatives investment unit focuses on alternative opportunities in swiftly growing segments of the credit markets, including asset-backed securities (ABS), commercial mortgage-backed securities (CMBS), collateralized loan obligations (CLOs) and business development companies (BDCs). Its experienced investment team is a lead investor in all of these segments. The Credit Alternatives investment team manages over $12b AUM, which are a key constituent of BBH’s structured fixed income strategy (on behalf of dozens of SMA clients and multiple commingled funds) as well as BBH’s taxable fixed income strategies. In addition to debt investments, the team is also an active investor in difficult to source, higher return equity and residual investments that are in high demand from alternatives investors. The team is entrepreneurial in its search for value, leverages its deep relationships with hundreds of issuers and underwriters, and commits to the highest level of integrity in its analysis and investment process. BBH’s Credit Alternatives team has been a leading structured credit investor for 15+ years. BBH prides itself on its culture established over its 200+ year history, including a strong focus on work-life balance. Key Responsibilities Trade and manage structured product deal flow (ABS, CMBS, CLO, RMBS) in primary and secondary markets on behalf of BBH Credit Partners’ client portfolios Generate trade ideas and identify investment opportunities in the structured products market. Ability to act independently on trade opportunities when appropriate. Work with portfolio managers to construct portfolios that maximize returns while adhering to fund and client guidelines. Partner with credit analysts to model cash flows and identify and evaluate investment opportunities in the structured products market Source liquidity and investment opportunities through broker dealer and issuer relationships. Maintain and expand relationships with broker dealers and issuers. Provide timely market updates on the structured products markets to internal teams and clients. Coordinate with Trade Management and Risk teams to ensure best practices and compliance with regulatory requirements. Qualifications 5–10 years’ experience trading structured products securities on the buy side or sell side. Strong fixed income and credit product knowledge and portfolio management background. Proficiency in cash flow modeling and analytics for structured products investments. Advance proficiency in Bloomberg, Intex, and Excel. Detail-oriented with strong analytical capabilities. Excellent communication skill with and relationship management skills. Bachelor’s degree in a quantitative discipline preferred; advanced degree is a plus Salary Range $120,000-$160,000 base salary + annual target bonus 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 BBH: Brown Brothers Harriman Credit Partners, LLC is an affiliate of Brown Brothers Harriman & Co. (together ‘BBH’). BBH is a premier global financial services firm, known for premium service, specialist expertise, technology solutions and partnership approach to client management. BBH works with an enviable roster of sophisticated clients who make BBH their first call when they are tackling their hardest challenges. Delivering for our clients and each other energizes us. 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. We look to invest 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. Brown Brothers Harriman (BBH) is a global financial services firm known for premium service and specialist expertise. BBH works with leading asset managers, financial institutions, private businesses and their owners, wealthy families, and sophisticated institutional investors. As a private partnership, we are uniquely built to put clients first and create success that lasts. We believe our success starts with yours. At BBH, partnership is more than just a form of ownership—it’s our approach to business and relationships. Every day we come together as a diverse community of smart and caring people to deliver exceptional service and expert advice. 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 challenges. No matter where you sit in the organization, everyone is empowered to contribute their ideas and perspective. BBHers can pick up the phone and call any colleague, and they are happy to help – which is why expanding your impact beyond your daily role is part of how we operate as trusted partners to one another. Delivering for our clients and each other energizes us. 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. 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. With a 200-year legacy and a shared passion for what’s next, this is the right place to build a fulfilling career.

Responsibilities

The trader will manage structured product deal flow and generate trade ideas for client portfolios. They will work with portfolio managers and credit analysts to maximize returns and ensure compliance with regulatory requirements.