Intern

Neuberger Berman • Temecula, CA

1d • Onsite

About The Position

Neuberger is seeking a highly motivated Summer Intern to support the Specialty Finance team across our New York and Redwood City offices. The intern will assist with investment analysis, portfolio monitoring, market/industry research, and deal execution workflows across specialty finance strategies (e.g., asset-based lending, consumer/SME credit, lending platforms, structured credit, and other opportunistic credit assets). This role offers hands-on exposure to credit underwriting, structuring, and portfolio management.

Requirements

• Currently pursuing an undergraduate degree in Finance, Economics, Math/Statistics, Engineering, or a related field.
• Strong analytical skills and comfort with financial statements, credit metrics, and cash-flow thinking.
• Advanced Excel skills (modeling, pivots, lookups; VBA a plus).
• Familiarity with PowerPoint.
• Clear written communication and the ability to synthesize complex information into concise takeaways.
• High attention to detail, strong organization, and the ability to manage multiple workstreams under deadlines.
• Interest in private credit / specialty finance and an eagerness to learn underwriting and structuring.

Nice To Haves

• Prior internship experience in investment banking, private credit, asset management, consulting, fintech, or risk.
• Familiarity with SQL/Python, data visualization tools, or credit datasets (performance tapes).
• Exposure to consumer credit, ABS, warehouse facilities, or structured products.

Responsibilities

• Deal / investment support Build and maintain Excel-based financial models (cash flows, scenarios/sensitivities, leverage, downside cases).
• Support credit underwriting: borrower/platform assessment, collateral review, unit economics, covenant and structure analysis.
• Assist with investment memos, IC materials, and diligence trackers (requests, document lists, key findings).
• Portfolio monitoring Track portfolio performance metrics (e.g., delinquencies, defaults, recoveries, prepayments, advance rates, covenants).
• Prepare recurring monitoring dashboards and flag variance vs. underwrite case.
• Support watchlist notes and quarterly/annual review materials.
• Market and industry research Research specialty finance subsectors, regulatory developments, competitive dynamics, and funding markets.
• Summarize key themes and implications for portfolio positioning and new opportunities.

Benefits

• Direct exposure to specialty finance investing, from diligence through monitoring.
• Mentorship from a lean, execution-oriented team and opportunities to contribute to real-time investment decisions.
• Development of practical skills in credit underwriting, structuring, and portfolio analytics.

What This Job Offers

• Career Level: Intern