Private Markets Product Management Associate

Summary :

Neuberger Berman is an employee-owned global investment management firm with $509 billion in assets under management. The private markets group of the firm, NB Private Markets, is a leading and growing investor in private markets, managing over $115 billion of client commitments since inception.

Within our Private Investment Portfolios & Co-Investment business, we manage both commingled and custom investment vehicles (or "Funds"), which are diversified across fund investments (primary and secondary basis) and direct investments. Each Fund has one or more Principal or Managing Director professional(s) on the investment team, who serve as the "Program Manager(s)" and are responsible for managing the day-to-day activities of the fund.

The Product Management function supports the Program Manager(s) in aspects of the Funds' day-to-day activities, including the coordination of the investment execution process investment monitoring, cash management (as applicable) as well as internal and external communications via scheduled and / or reports, meetings and calls. This role will have a particular focus on NB's Funds that are evergreen in nature, have ongoing subscription / withdrawal features, and include more liquid strategies. This role will entail both wealth management focused funds as well as institutional focused funds.

Responsibilities covered by this role include, but are not limited to :

• Support of Program Managers in all aspects of the Funds' management
• Coordination among all NB internal constituencies of the Fund, including the Private Markets Investment Team, Legal, Finance, Reporting, Operations, Investor Communications and Client Services and non-private markets Investment Teams (i.e. fixed income and multi-asset class teams)
• Investment Tracking

Support Program Managers in portfolio construction, monitoring and forecasting activities

Tacking of inflows & outflows (subscriptions, withdrawals, dividends, etc.)

Experience & Skills Qualifications :

Compensation Details

The salary range for this role is $115,000-$135,000. 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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Salary : $115,000 - $135,000