Funds Pricing Sr Analyst

At BBH, Partnership is more than a form of ownership—it’s 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 legacy and a shared passion for what’s next, this is the right place to build a fulfilling career.

The Senior Pricing Analyst is an integral member of the Capital Partners (“CP”) pricing team. The analyst will oversee the entire valuation workflow for both traditional fixed income and alternative credit investments, which are held across “’40Act funds”, private funds, and separately managed accounts.

The primary objective of this role is to ensure the accurate fair value pricing of investments—mostly private and illiquid—while adhering to SEC Rule 2a-5 and BBH Capital Partners’ valuation policies and procedures.

Key Responsibilities

• Determine fair value prices for securities and instruments not covered by external pricing vendors, and submit these valuations to CP’s Valuation Oversight Committee (“CPVOC”) for approval.
• Oversee and review valuations of structured/alternative credit prepared by the external valuation specialist.
• Conduct backtesting and/or benchmarking of internally-derived fair value prices.
• Collaborate with the members of the VOC,  finance, risk teams on pricing, modeling, developing assumptions and valuation methodologies.  Solicit market color from the portfolio management and research analysts for additional data points in the fair value determination.
• Review, research, and resolve pricing exceptions promptly to maintain accuracy in valuation.
• Escalate pricing issues to the head of the pricing team and CPVOC for further review when necessary.
• Collaborate with external pricing vendors and valuation specialists to establish, implement, and maintain appropriate valuation methodologies and related cash flow models for complex structured securities.
• Lead periodic due diligence reviews of external pricing vendors and valuation specialists to ensure ongoing reliability and compliance.
• Validate fair value pricing of securities using broker quotes and comparable bonds’ spreads and yields through proxy calculations.
• Initiate price challenges with approved pricing vendors when discrepancies arise.
• Work alongside traders, brokers, and CPVOC members to determine or calculate fair value pricing for securities and instruments not covered by approved vendors.
• Prepare pricing-related materials for monthly CPVOC meetings.
• Present pricing updates, including exceptions, resolutions, and related commentary, at CPVOC meetings each month.
• Identify, validate, and contribute essential pricing data points for fair value forms.
• Assist with various ad hoc projects aimed at improving pricing workflows.
• Respond to client requests for pricing information as needed.
• Address auditor inquiries regarding pricing information and assist in the ASC 820 fair value level hierarchy determinations.
• Maintain the valuation policy and desk procedures.

Key Qualifications

• Bachelor’s degree in Accounting or Finance.
• Three to five years of experience in pricing functions, preferably involving private credit securities and instruments.
• Prior experience working in valuation audits as a member of a public accounting firm or in the accounting department of a private credit fund preferably.
• Comprehensive understanding of financial markets, including fixed income, private credit, asset-backed finance, and related instruments.
• Hands-on experience with Bloomberg & Intex and excel proficiency are required.
• Strong understanding of asset-backed securities, CLOs, Collateralized fund obligations and other private credit investments is strongly preferred.
• Strong work ethic, reliability, and commitment to all aspects of pricing responsibilities.
• Ability to collaborate, adapt, and think proactively to redesign workflows for greater efficiency.
• Proficiency in Bloomberg and Microsoft Excel.
• Strong communication skills and ability to engage confidently with senior stakeholders
• Demonstrated data analysis skills are considered a significant asset.

   

Salary Range

NY: $85,000 - $115,000 base salary + target annual 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 (BBH) is a premier global financial services firm, known for premium service, specialist expertise, technology solutions and partnership approach to client management. 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. 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.  As a private partnership, 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. 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.