The Neuberger Berman Trade Management Middle Office is responsible for comprehensive, resolution oriented and value-added support services associated with strategies managed by the firms Institutional Portfolio Managers. The strategies include Domestic, Global, and Emerging Markets Equities and Fixed Income. The analyst will focus on the efficient and accurate recording of transactions and trade matching through trade management oversight, coordination of trade settlement, and reconciliation of client accounts within the order management systems, custodian banks and accounting vendors.
The primary responsibility of this role will be to serve as a liaison between our Portfolio Managers, Trading, other support and control areas internally and broker dealers, custodian banks and external 3rd party providers. The individual will be responsible for day-to-day trade support and oversight of Neuberger Berman managed accounts. The individual will be working with the management team to define efficiency enhancements, risk mitigation, document development, monitor and assist with overall implementations for new business initiatives.

Responsibilities:

• Daily review of trades executed for client portfolios and funds across domestic and international product types.
• Perform post trade matching processing.
• Interact with custodian banks for trade notification as well as portfolio administration related functions (reconciliations, corporate action processing, acats, dwac, onboarding / deboarding, etc).
• Resolve trade discrepancies with banks and brokers.
• Perform additional daily position and transaction exception review and resolution for recons between multiple order management, accounting and custody systems.
• Perform month end attestation reporting for pending risk such as fails, trade errors and aged reconciliation items.
• Work with all functional areas to ensure counterparty static data records are maintained.
• Ability to function as the key point of contact for internal clients (Portfolio Managers, Trading, Legal and Compliance and other functional areas within the firm) as well as external clients (custodian banks, accounting vendors, broker dealers, auditors and underlying clients) for all operational related topics.

Qualifications:

• Bachelor of Science degree, preferably within Business Administration, Economics, Finance or Business equivalent from an accredited four-year institution.
• Three to five years of industry experience required, buy-side Asset Management preferred.
• Strong organizational, communication, and problem-solving skills.
• Broad knowledge and understanding of all product types with a strong focus on Global, Emerging Market and FX products.
• Preferable system knowledge - Investor Tools Perform, Aladdin, Charles River, DTCC and CTM applications.
• Advance computer literacy with proficiency in Microsoft Office products.
• Strong problem-solving skills and an ability to demonstrate sound judgment to execute solutions.
• Risk oriented mindset and control awareness to apply to current operating environments.
• Ability to identify and escalate potential or actual trade issues or errors that may cause financial, regulatory or reputational harm.
• Self-starter and team oriented with an ability to initiate ideas and implement solutions to projects with minimal supervision.

LI- DD2

LI-Hybrid

Compensation Details
The salary range for this role is $70,000-$85,000. 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
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• Daily review of trades executed for client portfolios and funds across domestic and international product types.
• Perform post trade matching processing.
• Interact with custodian banks for trade notification as well as portfolio administration related functions (reconciliations, corporate action processing, acats, dwac, onboarding / deboarding, etc).
• Resolve trade discrepancies with banks and brokers.
• Perform additional daily position and transaction exception review and resolution for recons between multiple order management, accounting and custody systems.
• Perform month end attestation reporting for pending risk such as fails, trade errors and aged reconciliation items.
• Work with all functional areas to ensure counterparty static data records are maintained.
• Ability to function as the key point of contact for internal clients (Portfolio Managers, Trading, Legal and Compliance and other functional areas within the firm) as well as external clients (custodian banks, accounting vendors, broker dealers, auditors and underlying clients) for all operational related topics