Transaction Management Analyst

About the role

The Transaction Management Team at Brown Advisory is responsible for evaluating, executing, and overseeing the reconciliation process between the firm and its custodian banks. This role involves managing the full lifecycle of corporate actions, ensuring accurate portfolio accounting, and contributing to firm-wide process enhancements.

Responsibilities

• 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
• 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
• 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

Requirements

• Bachelor’s Degree or 6 years equivalent work experience
• 2+ years of demonstrated success in financial or business operations field
• Demonstrate general market knowledge about stocks, bonds, options, derivatives, etc.
• Strong decision making, problem solving, and communication skills, both written and oral
• Self-motivated and proactive team player with the ability to work well under pressure
• Highly organized and detail oriented
• Able to work independently and on several assignments simultaneously
• Proficiency with MS Office applications – Word, Excel, and Outlook

Desired Skills & Experience

• Bachelor’s degree preferably in Finance, Accounting or Economics
• General market knowledge on impact of corporate actions, dividend payments, interest payments and adjustments to cost basis
• General knowledge on security characteristics and market dynamics, and how these factors impact reconciliation
• Experience leveraging AI tools to enhance workflows, including automation, data analysis, and improving efficiency in operational processes
• Experience with SS&C Advent’s APX accounting platform
• Experience with FIS XSPrisa for corporate actions
• Familiarity with IRS cost basis requirements