Fund Accounting Supervisor-Bank Loan

Fund Accounting Manager– Bank Loans

At Brown Brothers Harriman, we believe no job is too big or small for any of us to handle if it helps our clients. We value passionate, committed people who enjoy collaborating with others to find new solutions to complex business challenges. We are looking for the type of person who speaks their mind, truly listens and steps outside their role to add value wherever they can.  Someone who is driven to get things done and views obstacles as an exciting challenge that demands a creative solution. Above all, we seek someone who takes great pride in their work and is inspired and motivated by their role in protecting and enhancing our client’s financial well-being.

If you are looking for an entrepreneurial environment where you can learn and thrive, Brown Brothers Harriman is the right place for you

Brown Brothers Harriman is currently recruiting a Fund Accounting Manager to join our Bank Loan Servicing Team.   T.  Bank Loans is a growth area in both the syndicated and private debt space and is a key strategy for both our Mutual Fund and Alternative Investment client bases.  Supervisor will be responsible for the accurate and timely processing of trades, cash, income, and reconciliations leveraging our core Fund Accounting technology as well as key third party industry platforms.  The Supervisor will have the opportunity to help drive innovation in the form of reviewing operating models and technology enhancements as we look to continue to be positioned as a preeminent Bank Loans service provider.

Some of your key responsibilities include:  

1. Risk and Workflow Management  

• Supervise a specialized accounting group ensuring timely and accurate product delivery, proper escalation and resolution of high exposure items, and adherence to best practice standards and controls.
•  Communicate professionally and constructively to effectively resolve issues in order to minimize risk and NAV exposure.

2. Leadership and Staff Supervision  

• Understand competencies required for successful job performance and use knowledge to coach and develop team members as well as to identify training needs.
• Energize and inspire team by generating excitement, a sense of pride, and a drive to excel.
• Consistently provide employees with constructive and timely feedback, both positive and negative. Leverage metrics to quantify performance where available.
• Ensure employees have the information and tools necessary to progress. Communicate a clear career path.
• Assign responsibility effectively based on expertise and strengths of team members.

3. Quality Assurance/Control

4. Process Improvement

• Ensure daily output standards, both quality and timeliness, are met consistently.
• Ensure adherence to all established best practice policies, procedures and controls
• Assist management in the implementation of policies, procedures and controls
• Monitor volume, workflows, and overtime of team.
• Identify and resolve workflow issues.
• Review error and omission situations and look for corrective action
• Assist in the development and production of management reporting
• Help to enhance the productivity of the unit by identifying opportunities to increase output/capacity through workflow improvements
• Challenge all processes, procedures and practices and constantly look for a better way to meet deliverables.

Qualifications:

• BS/BA degree or equivalent work experience
• 2 to 3 years of Bank Loan serving experience or equivalent fund accounting experience
• 1 year of supervisory experience a plus

Interpersonal skills:

• Wall Street Office experience a plus
• Ability to communicate professionally with others
• An aptitude for analytical and problem resolution
• Self Starter, proactive, and objective oriented
• Enthusiastic leadership skills and ability to engage others
• Ability to work on US Holidays