The Transaction Management Team is responsible for the evaluation, execution and oversight of all aspects of the reconciliation process between Brown Advisory and its custodian banks. The role includes handling both voluntary and mandatory corporate actions, including researching event details, interpreting terms, and accurately setting up and processing events within the firm’s platform.
Requirements
- Research, evaluate, and process mandatory corporate actions daily
- Manage the full lifecycle of voluntary corporate actions, including event research, election review, and post-event validation
- Ensure the firm’s portfolio accounting system is accurately updated daily with trading activity, corporate actions, and cash movements to support portfolio management, trading, and performance reporting
- Oversee reconciliation operations performed by BPO vendor, ensuring accurate and timely resolution of escalations and effective management of downstream impact
- Proactively identify and execute process improvements that drive efficiency and risk reduction that create value for internal and external stakeholders
- Analyze key workflows to identify opportunities to reduce manual effort through automation, AI-driven solutions, and process optimization
- Contribute to firm-wide and departmental initiatives that enhance processes, systems, and overall operational effectiveness
- Understand the impact of income transactions, corporate actions, and other events on investment vehicles, including their downstream effects on trading and performance reporting
- Leverage Excel tools, including lookup functions and pivot tables, to compare large datasets, identify reconciliation breaks, and drive timely resolution
Benefits
- Medical
- Dental
- Vision
- Wellness program participation incentive
- Financial wellness program
- Fitness event fee reimbursement
- Gym membership discounts
- Colleague Assistance Program
- Telemedicine Program (for those enrolled in Medical)
- Adoption Benefits
- Daycare late pick-up fee reimbursement
- Basic Life & Accidental Death & Dismemberment Insurance
- Voluntary Life & Accidental Death & Dismemberment Insurance
- Short Term Disability
- Paid parental leave
- Group Long Term Disability
- Pet Insurance
- 401(k) (50% employer match up to IRS limit, 4 year vesting)
