Senior Associate, Client Coverage Compensation

Neuberger Berman•New York, NY

1d•$105,000 - $130,000•Hybrid

About The Position

Neuberger Berman is seeking a skilled and detail-oriented professional to join our Production Compensation Team within the Finance group. In this role, you will support the end-to-end compensation process for our Global Institutional and Intermediary sales teams, contributing to innovation, efficiency, and insights that assist the firm’s financial planning. The position involves working closely with various groups, including Payroll, Client Billing, Fund Admin, HCM Business Partners, Client Coverage Management, and Technology, to help ensure the effective execution of the sales compensation process. You will have the opportunity to apply your analytical and technical expertise to inform decision-making and contribute to ongoing improvements in workflows and technology.

Requirements

Bachelor's degree in accounting or finance
4-6 years of experience in accounting, financial reporting, and analysis.
Experience with commission-based compensation is required
Advanced proficiency in Microsoft Excel and PowerPoint is essential; knowledge of SAP is a plus
Strong communication skills (both written and verbal); ability to communicate clearly to senior management and other key stakeholders
Exceptional attention to detail, organizational skills, and problem-solving abilities
Ability to balance multiple priorities under tight deadlines in a high-profile, fast-paced environment
Collaborative mindset with a willingness to contribute to a variety of initiatives

Nice To Haves

Asset Management/Investment Advisory industry expertise is preferred

Responsibilities

Own the Process: Ensure timely, accurate, and efficient processing of monthly, quarterly, and annual compensation calculations for production-based teams; review and distribute detailed compensation statements to sales teams
Problem-Solve with Precision: Perform root-cause analysis for payout variances and deliver clear, data-driven explanations to Client Coverage Management teams
Deliver Insights: Prepare compensation trend analysis and forecasts to senior management
Financial Oversight: Record compensation expense transactions in the general ledger, including assessment of P&L impact and performing balance sheet reconciliations.
Collaborate Across Teams: Collaborate with HCM, Technology, and Client Coverage Management to implement compensation plans accurately and resolve issues effectively
Drive Innovation: Support the design, testing, and implementation of technology enhancements to optimize compensation processes
Enhance Efficiency: Identify and recommend process and data improvements to increase scalability, accuracy, and efficiency across workflows