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Innovation Research Specialist

Brown Brothers HarrimanBoston, MA

$80,000 - $120,000 / year

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Overview

Schedule
Full-time
Career level
Senior-level
Compensation
$80,000-$120,000/year
Benefits
Health Insurance
Disability Insurance
Life Insurance

Job Description

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.

Brown Brothers Harriman is currently recruiting an Innovation Research Specialist to join our fast-paced Innovation team

We are seeking a highly skilled and innovative professional to join our multi-disciplinary team in the 0-1 phase of product development. The ideal candidate will be comfortable with ambiguity, have a strong background in research design methodologies and business case development. The Innovation Research Specialist will use research tools and techniques to discover and synthesize market feedback and evaluate value propositions across concepts. They must be fluent in observational and qualitative research methods and bring ethnographic techniques that can be applied to both physical and virtual contexts. They will also support all research efforts around the iterative testing of desirability prototypes and the creation of compelling data-driven business cases.

If you are a highly motivated and innovative researcher with a passion for 0-1 product development, we encourage you to apply for this exciting opportunity to join our team and make a significant impact on our company's growth and success.

The successful candidate will:

  • Participate in the evidence-led definition of the vision for new products, services or businesses.
  • Have a robust catalog of experience design frameworks that they will be able to use on-the-fly based on circumstances and opportunities.
  • Have strong analytical and problem-solving skills with the ability to help support data-driven insights.
  • Be at ease with cross-functional teams, including product management, engineering, and marketing, to design and develop innovative product concepts and solutions.

How might we...

  • build a precise financial plan that will speak for itself and be used as a target state for a novel product?
  • help articulate clear hypotheses and execute qualitative research efforts to test and evaluate those hypotheses?
  • uncover and translate a vast amount of research inputs into weighted evidence that will enable the team to make decisions?

Job Requirements

  • Conduct market research and analysis to identify opportunities for new product development in the 0-1 space, featuring in-depth competitive analysis and TAM/SAM/SOM calculations.
  • Execute and support the development of research plans, including qualitative and quantitative methods, to gather data and insights on target markets, customer needs, and competitive landscapes.
  • Create compelling business cases for concept ideas, featuring market analysis, and pro forma financial statements, including ROI, P&L, FCF projections.
  • Collaborate with the product management team to prioritize product features and develop and maintain a product roadmap, including short-term and long-term goals, milestones, and key performance indicators (KPIs).
  • Mastery of design thinking workshop facilitation, following the Design Sprint format, both on-site and online using digital tools like Mural and Miro.
  • Stellar communication skills with a range of stakeholders, both internal and external.
  • Deep understanding of with CX, including the ability to collaborate with designers on wireframes using tools like Figma
  • Curious nature leading to continuously evaluating the frameworks and techniques being shared in the innovation, research, design and product ecosystems, ensuring our work remains cutting-edge and relevant.

Desired Experience

  • 5+ years of professional experience within the Financial Services industry or in management and Strategy Consultancy as an Engagement Manager or Senior Associate. Otherwise experience as a Product Manager, Market Researcher, Product Researcher, Strategist, or equivalent role
  • Proven ability to work in environments characterized by rapid change, ambiguity, and high expectations. E.g. Innovation or Product departments, Consulting Agencies focused on Innovation and Strategy, Founders or Founding contributors in venture-backed companies.
  • Track record of Product or Innovation work, and a portfolio showcasing both the work done and the processes followed

Salary Range

$80,000 - $120,000 base salary + annual target 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.

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FAQs About Innovation Research Specialist Jobs at Brown Brothers Harriman

What is the work location for this position at Brown Brothers Harriman?
This job at Brown Brothers Harriman is located in Boston, MA, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Brown Brothers Harriman?
Candidates can expect a pay range of $80,000 and $120,000 per year.
What employment applies to this position at Brown Brothers Harriman?
Brown Brothers Harriman lists this role as a Full-time position.
What experience level is required for this role at Brown Brothers Harriman?
Brown Brothers Harriman is looking for a candidate with "Senior-level" experience level.
What is the process to apply for this position at Brown Brothers Harriman?
You can apply for this role at Brown Brothers Harriman either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.