Neuberger Berman is looking for a Private Markets Operations Analyst. This is a cross functional role that will support the Private Debt Investment team and other Alternative Investments. This person will play a key role in the daily support of portfolio management, fund administration and treasury management for Neuberger Berman’s private debt strategies and other alternative strategies. The role will include functional support of Pricing, Data Integrity, Agency, Trade Ops/Settlements, Account Transitions, Asset Servicing and Reconciliations. Additionally, this person will be assisting with design & implementation of process improvements and system enhancements for this space.
Responsibilities:
Identify and resolve cash, trade, and position breaks as well as any other open items between NB systems and external sources
Liaise between portfolio managers, finance, compliance and service providers for all portfolio-specific activity and issues, ensuring cross-communication of critical information between departments
Daily coordination between custodian, loan agents, and fund admins
Oversee trade process including trade booking, confirmation with brokers and loan settlement processes
Escalate aged open items (breaks, unsettled trades) to appropriate parties
Manage asset facility compliance, borrowing base, payment waterfall Loan agent responsibilities and / or oversight of third-party loan agency service
Coordinate and assist with overseeing outsource providers and vendors across all relevant functions
Qualifications:
5+ years operations experience in private credit / bank loans or other private equity strategies within a large fund company or asset management.
Experience working with structured debt and various credit products a must
Knowledge of Wall Street Office and Clearpar, a plus
Knowledge of Allvue accounting systems, Aladdin, Appian and or Hazeltree, a plus
Direct Lending investment experience, a plus
Highly proficient in Microsoft Excel – knowledge of formulas a must, Microsoft Visio, Outlook and Word.
Understanding of accounting theories and applications as they relate to investment transactions, a plus
Team-oriented work ethic that includes willingness to help others
Strong organization and time management skills
Excellent communication skills (verbal and written)
Ability to multitask in a fast-paced environment and manage multiple projects
Compensation Details
The salary range for this role is $80,000-$120,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in New York City. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), life insurance and other benefits to eligible employees.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
Neuberger Berman is an equal opportunity/affirmative action employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact onlineaccommodations@nb.com.
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