Senior Analyst, Private Debt Operations

Neuberger Berman•New York, NY

1d•$110,000 - $130,000•Hybrid

About The Position

Neuberger is looking for a Private Markets Operations Analyst. This is a cross functional role that will support the Private Debt Investment team and other Alternative Investments. This person will play a key role in the daily support of portfolio management, fund administration and treasury management for Neuberger Berman’s private debt strategies and other alternative strategies. The role will include functional support of Data Integrity, Agency, Trade Ops/Settlements, Account Transitions, Asset Servicing and Reconciliations. Additionally, this person will be assisting with design & implementation of process improvements and system enhancements for this space.

Requirements

Bachelor's Degree
5+ years operations experience in private credit / bank loans / Direct Lending
experience working with structured debt and various credit products
Highly proficient in Microsoft Excel - knowledge of formulas a must, Microsoft Visio, Outlook and Word
Team-oriented work ethic that includes willingness to help others
Strong organization and time management skills
Excellent communication skills (verbal and written)
Ability to multitask in a fast-paced environment and manage multiple projects

Nice To Haves

Knowledge of Wall Street Office and Clearpar
Knowledge of Allvue accounting systems (Everest), Aladdin, Appian
Direct Lending investment experience
Understanding of accounting theories and applications as they relate to investment transactions

Responsibilities

Identify and resolve cash, trade, and position breaks as well as any other open items between NB systems and external sources, for start of day readiness
Escalate aged open items (breaks, unsettled trades) to appropriate parties
Oversee trade process including trade booking, confirmation with brokers and loan settlement processes; ie: Life Cycle event for Credit products
Liaise between portfolio managers, finance, compliance and service providers for all portfolio-specific activity and issues, ensuring cross-communication of critical information between departments
Deal Closing/ Cash Management: coordinate Deals Fundings and Borrowing/ Draw Downs
Daily coordination between custodian, loan agents, and fund admins
Coordinate and assist with overseeing outsource providers and vendors across all relevant functions
High focus on someone with experience implementing new systems or technology initiatives to drive operational efficiencies and reduce manual tasks