Vendor Compliance Analyst

Brown Brothers Harriman & Co.
New York, NY Full Time
POSTED ON 5/20/2024 CLOSED ON 7/20/2024

What are the responsibilities and job description for the Vendor Compliance Analyst position at Brown Brothers Harriman & Co.?

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. Join us as a Vendor Compliance Analyst Brown Brothers Harriman is currently recruiting Vendor Compliance Analyst to join our Core Compliance Team. In this role you will collaborate with BBH personnel in a variety of roles and responsibilities to ensure that the Firm’s vendor relationships are reviewed and monitored in accordance with the Program requirements. The role will assist BBH personnel who wish to engage third party service providers and advise on the various reviews and other processes required by the Program, including the preparation of Vendor Service Requests, the proper conduct of due diligence reviews and the appropriate level of ongoing monitoring of the vendor relationship. Some of your key responsibilities include: Review all incoming Vendor Service Requests to ensure that the engagement has been described properly and provides sufficient information to allow the Vendor Management Committee (VMC) to assess the engagement and assign an appropriate risk rating. Ensure that all new engagement and ongoing monitoring requests are subject to the appropriate due diligence review process commensurate with the nature of the products/services, the scope and extent of risks. Monitor the reviews of in-process requests to address any process delays and other issues beyond the Vendor Service Request reviews. Respond to inquiries from BBH personnel regarding the status of their requests and the requirements for successful completion of the requests. Review and disposition weekly OFAC & Negative News screening. Prepare weekly meeting materials for Vendor Management Committee as well as other communications to firm wide risk management committees, as applicable. Assist in the implementation of enhanced vendor risk management system, including training and communication to participants and other program stakeholders. Assist the Head of Vendor Risk Management in the ongoing development and enhancement of the Program Contribute to the ongoing enhancement of reports and metrics to allow senior management to assess the risks in the Firm’s vendor portfolio. Qualifications: Bachelor’s degree required 5 years compliance or risk experience MS Office Suite GRC systems experience Certified Third Party Risk Professional is preferred but not required This role is based in our New York City location and is a hybrid role, with three days per week in office. 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 $75k - $85k base salary annual bonus 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. Brown Brothers Harriman (BBH) is a privately-held financial institution and has been a thought leader and solutions provider for over 200 years. We serve the most sophisticated individuals and institutions with award-winning expertise in Investment Management, Private Banking, and Investor Services. Our 5,000 colleagues operate from 17 cities throughout North America, Europe and Asia. BBH is committed to diversity, innovation and globalization. Our culture is driven by our goal to provide the best solutions and services to our clients and each other. Our Partnership structure creates a flat organization that promotes collaboration across all business lines. We believe that diverse ideas and the ability to come together globally across groups and borders are a competitive advantage. In order for all our teams to excel, members must trust each other and feel comfortable providing honest input from all perspectives. This openness sparks innovation and agility, which adds to the entrepreneurial spirit and provides many more career opportunities for our staff. We are a group of high-performing, dedicated and caring professionals who believe that working together is the foundation for superior client service excellence. As a BBH professional, your career path is yours to define. We take pride in our ability to retain our best employees. We help them manage their careers by moving top performers to new areas of BBH where their talents will make the greatest contribution. As soon as you walk through the doors at BBH, we provide you with the tools to help you succeed and grow your career.

Salary : $75,000 - $85,000

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Job openings at Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co.
Hired Organization Address New York, NY Full Time
At BBH we value diverse backgrounds, so if your experience looks a little different from what we've outlined and you thi...
Brown Brothers Harriman & Co.
Hired Organization Address New York, NY Full Time
At BBH we value diverse backgrounds, so if your experience looks a little different from what we've outlined and you thi...
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At BBH we value diverse backgrounds, so if your experience looks a little different from what we've outlined and you thi...
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