Assistant Department Head I – Fund Order and Custody
Full Time
Jersey City, NJ
$150,000 - $175,000 a year
Posted
Job description
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.
Assistant Department Head I – Fund Order and Custody
The Assistant Department Head I participates as part of the senior management team overseeing operations of the Global Custody or Fund Accounting or Real Estate business line to ensure that high quality service standards are met and maintained. The position applies functional expertise, leadership, initiative, creativity, and management skills including delegation and the ability to instill enthusiasm and commitment among team members. The position's emphasis is on tactical execution of department strategy, policies, and procedures.
If you are looking to push your career to the next level, introduce yourself by submitting your resume.
Key Responsibilities:
Risk Management and Control
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Ensure compliance to all accounting, custody, and operational procedures.
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Monitor operational issues and follow through on effective problem resolution with management of supporting departments.
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Ensure the smooth, effective operation of the department including compliance to all accounting, custody and operational procedures, proper product and service delivery, proper escalation, and resolution of high exposure items, and maintaining proper standards and controls.
Technology and Innovation
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Seeks to add increased efficiency within the operation using technology while maintaining a high degree of client satisfaction.
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Develop and maintain a culture of results oriented, continuous process improvement.
People Management/Leadership
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Assist Department Head with ongoing project management and act as a professional voice for the department and firm as a whole.
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Oversee the supervision of staff members through appropriate recruiting, training, performance management, and succession planning.
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Ensure selective selection, development, and retention of highly qualified, strong performing team members Participate in the interview and selection process to attract highly qualified, high potential candidates to the Firm.
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Establish challenging performance standards.
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Participate in salary and bonus planning for department.
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Actively manage staff performance and progressive discipline process for employees who fail to meet expectations.
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Delegate effectively by clearly communicating objectives, standards, responsibilities, and milestones while holding individuals and teams accountable for achieving results.
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Implement strategy by communicating powerful, coherent messages about how to leverage strategic vision to deliver a competitive advantage.
Resource Management
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Ensure the most effective use of the firm’s resources (financial; people; technical) through careful planning, analysis, and control.
Desired Qualifications:
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BS in a business degree program, and/or equivalent work experience
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MBA preferred
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8+ years of combined Global Fund Accounting and Custody Experience
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At least 5 years of progressive supervisory experience
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Experience with managing multiple client relationships
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Experience working on system implementation projects
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Ability to motivates Team to perform and deliver high level of Client Service
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Communicate openly and sincerely and conduct oneself with the highest respect for the client and all BBH support areas
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Strong client communication skills and effective presentation skills
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Ability to manage and implement change
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Ability to manage multiple priorities and think and work independently
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Effective written and oral communication skills, particularly the ability to handle presentations of project plans, business cases, and solutions
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Desire to improve operational procedures
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Ability to coordinate cross office initiatives and to anticipate potential problems and respond effectively
BBH’s compensation program includes base salary, discretionary bonuses, and profit-sharing. The anticipated base salary range for this role is $150,000 to $175,000, which is specific to Jersey City, NJ 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 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.
Full time Jersey City
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