What are the responsibilities and job description for the Client Associate position at Neuberger Berman Group LLC?
Summary :
The Client Associate will provide comprehensive operational support to a seasoned 4-person Wealth Advisor Team with over $600mm in assets under management within Neuberger Berman's Private Wealth Management business. The Client Associate enhances the client experience by assisting with the service, maintenance and growth of the team's high net worth book of business.
Licensed Responsibilities :
- Participate in daily activities of operational support team and facilitate all client service needs.
- Initiate new account opening process through Private Client Services Team. Assist clients with required documentation.
- Perform account maintenance including but not limited to; funds disbursements, name / address changes, charitable gifting, ACATS and DTC transfers, cost updates, billing / fees, client directed trade orders, etc.
- Regular and proactive contact with clients regarding; new account documents, LOA's, account updates, checks and wires, account performance, trade activity, transfers, statement inquiries, research, fees, objective changes, portfolio market values, stock quotes, online access, etc.
- Monitor account activity including trades, cash flows, debits, margin, tech shorts, performance, transfers, allocations, fees, etc. by utilizing various in-house portfolio systems.
- Provide customized reporting and analysis to client or Wealth Advisor team on a regular or ad hoc basis.
- Maintain accurate and detailed client files.
- Act as a liaison between Wealth Advisors, Portfolio Managers, Operations, Private Equity Fund Administration and clients.
- Prepare subscription documents for Private Equity investments. Track capital calls and distributions.
Marketing Responsibilities :
Administrative Responsibilities :
Qualifications :
Compensation Details
The salary range for this role is $75,000-$95,000. 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 the job posting location. 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, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. 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 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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Salary : $75,000 - $95,000
