Funds Pricing Sr Analyst

Location: New York

Funds Pricing Sr Analyst page is loaded## Funds Pricing Sr Analyst locations:
New Yorktime type:
Full time posted on:
Posted 2 Days Agojob requisition :
69853

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 “’40

Act 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…