Fixed Income Pricing Analyst

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.

The Pricing Analyst is a key member of the pricing team who will be responsible for providing information that allows for the determination of the fair value pricing of fixed income securities, structured credit and other instruments held in portfolios that BBH manages in accordance with BBH’s valuation policy and procedures.

Key responsibilities include:

• Determine fair value price for securities/instruments that are not covered by an external pricing vendor and submit to CP’s Valuation Oversight Committee (“CPVOC”) for approval

• Review, research and resolve pricing exceptions in a timely fashion

• Escalate, as appropriate, pricing issues to the head of the pricing team and CPVOC for review

• Work with external pricing vendors and valuation specialists to establish, implement and maintain the appropriate valuation approach and related cash flow models for complex structured securities

• Lead the periodic due diligence reviews of the external pricing vendors and valuation specialists

• Validate securities’ fair value pricing based on broker quotes, comparable bonds’ spreads/yields (proxy calculations)

• Initiate price challenge with approved pricing vendors as appropriate

• Work with the traders, brokers, CPVOC members in determining/calculating fair value pricing for securities / instruments that are not covered by approved pricing vendors

• Prepare pricing-related materials for the monthly CPVOC meetings

• Present the pricing update (exceptions, resolution and related commentary) at the monthly CPVOC meetings

• Identify, validate and contribute key pricing data points for the fair value forms

• Assist with a variety of ad hoc projects to improve pricing workflows

• Respond to clients’ requests for pricing information

• Respond to auditors’ requests for pricing information and assist in the ASC 820 fair value level hierarchy determinations

• Maintain the pricing team’s desk procedures for completeness and accuracy

Qualifications:

• Bachelor’s degree in Accounting or Finance

• At least 1 year experience performing the fixed income pricing function

• Solid understanding of the financial markets in general and fixed income markets, structured credit securities and instruments in particular

• Strong work ethic – reliability and commitment to all facets of the pricing work is critical

• Collaborative, adaptable and a forward-thinker in redesigning workflows for efficiency

• Proficient in the use of Bloomberg and Microsoft Excel

• Data analysis skills is a big plus

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.

   

Salary Range

$75,000-$85,000

BBH’s 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. 
 

Salary : $75,000 - $85,000