Analyst/Associate - Centralized Business Services

Neuberger Berman • New York, NY

7d • $60,000 - $70,000

About The Position

Position Overview: As a member of the Private Wealth Centralized Business Services group, the Analyst/Associate will provide onboarding and business support to Neuberger Berman Private Wealth Teams. The Analyst/Associate will partner with Compliance, Supervision, Business Control and Operations as a point of service contact to ensure highly efficient and rewarding client experience.

Requirements

• Undergraduate degree with relevant financial services industry experience
• SIE, Series 7 and 66 licenses preferred or ability to obtain
• Proficient PC skills including MS Word, Excel and PowerPoint
• Excellent communication skills, both written and verbal
• Professional presence with strong client service skills
• Well organized with excellent attention to detail
• Ability to prioritize workload based on evolving needs and circumstances
• Strong multitasking skills
• Neuberger Berman is unable to offer visa sponsorship for this position. Applicants must be authorized to work in the United States without the need for current or future sponsorship.

Responsibilities

• Coordinate with Neuberger Berman’s Private Wealth Teams to provide administrative and holistic support services to new and existing clients
• Review and process requests for fund disbursements, gifting securities, ACATs and DTC transfers
• Process account maintenance requests including: KYC updates (name changes, personal data updates, address changes, investment objective updates, etc.), control and interested party updates, and account updates such as margin, check writing, options, etc.
• Establish new accounts for natural person and entity clients. Duties include: document preparation, entity documentation review, KYC data gathering and review, performing quality control check before submission for approval, documentation, account funding and information follow up
• Assist Teams with the NB Investment Advisory framework, mastering all aspects of account opening, generating necessary documentation, and advisory program monitoring and maintenance
• Work closely with business partners to determine outcomes and requirements on a case by case basis, the candidate will be responsible for mastery of the program rules as well as point in time consultation with PW teams to assist their clients
• Candidates are comfortable with varied workflow lifecycles and can pivot between many different cases at once in various stages of completion to maintain efficient operation within program compliance
• Collaborate with cross functional teams in setting up Investment Policy Statements and maintenance related to any changes in client investment planning
• Address internal/external client service inquiries/requests from PW Teams and resolve issues in a timely manner and escalate complex issues as necessary
• Assist with the Employee Investment Solutions platform with account openings, maintenance and trading
• Identify and flag suspicious activity to mitigate risk and prevent fraudulent account behavior and potential fraud exposure
• Alternative and Private Equity subscription document fulfillment
• Ad hoc projects as assigned by management

Benefits

• 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, retirement, life insurance and other benefits to eligible employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees