Analyst/Associate - Centralized Business Services

Neuberger Berman • New York, NY

6d • $60,000 - $70,000

About The Position

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
• 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.

Nice To Haves

• SIE, Series 7 and 66 licenses preferred or ability to obtain

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

• 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