The Bank Loan Team within Neuberger Berman Middle Office provides support to the Non-Investment Grade Credit Investment team which manages over 25 billion AUM of broadly syndicated bank loans. It is the team's responsibility to handle all cash reconciliation, trade routing, and account onboarding. This individual should be highly detail oriented, work in a fast paced environment with daily deadlines, and has proven ability to work with external service providers.

Responsibilities:

Daily responsibilities include onboarding new portfolios, checking cash availability, daily cash reconciliation as well as status report maintenance

Perform daily reconciliations of cash transactions/balances with custodians using BlackRock Aladdin and ensure break resolution in a timely manner.

Research and respond to questions from Portfolio Managers and Traders regarding cash, positions, and asset setup

Manage bank loan trade settlements with vendor while ensuring accurate posting of trades on internal systems

Prepare monthly metrics and reporting for senior management review

Assist in new account setup as well as KYC

Perform end of day checks to ensure accuracy of daily work

Assist management for system automation, efficiency enrichment, and risk mitigation projects.

Qualifications:

Bachelor's Degree in Finance, Accounting or other business related field preferred

1 to 2 years of industry experience required

Strong knowledge and understanding bank loans processing required

Strong knowledge of BlackRock Aladdin preferred

Strong organizational and communication skills, detailed oriented

Proven ability to work with external service providers

Ability to implement tasks and projects with minimal supervision in a fast paced environment

Proficiency in MS Office applications with advanced knowledge of Excel a strong plus

Experience with Wall Street Office, Aladdin, ClearPar, ADFlow, and Bloomberg a plus

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Compensation Details

The salary range for this role is $75,000-$95,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. 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, 401(k), life insurance and other benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact onlineaccommodations@nb.com.

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