Head of Business Control & Governance – Private Wealth

Location: New York, NY
Department: Private Wealth Management (PWM)
Reports to: Head of Private Wealth Client Administration & Infrastructure

Position Overview

We are seeking an experienced and strategic professional to lead the Business Control & Governance function within our Private Wealth business who will be responsible for overseeing the development and maintenance of a strong, efficient control environment. This individual will ensure operational processes, governance structures, and risk management practices support both regulatory requirements and business objectives, while maintaining a focus on client service excellence. As a member of the Client Administration & Infrastructure Leadership Team, this role will collaborate across functions to promote a culture of accountability, transparency, and continuous improvement.

Key Responsibilities

Lead the design, implementation, and continual enhancement of the in-business control environment across all areas of the Private Wealth business

Build and maintain a comprehensive process and procedure inventory for all Private Wealth activities

Identify any control gaps or issues that may exist; develop, implement, and oversee corrective action plans to address root causes and ensure timely resolution

Establish and manage business-wide governance routines, ensuring ongoing oversight and escalation of control matters

Partner with Compliance, Risk, Legal, Operations, and other control partners to ensure the highest standards of supervision and governance for RIA and Broker Dealer platforms and advisory/sales activities

Oversee the implementation of regulatory changes and strategic initiatives, ensuring that all process changes are made with a robust control environment in mind

Serve as a key member of the Client Admin & Infrastructure Leadership Team, providing input and guidance on process changes, strategic projects, and day-to-day decisions through a control-focused lens

Partner with various business stakeholders to coordinate and manage internal / external audits and regulatory exams

Monitor industry and regulatory developments to proactively identify risks and opportunities for control enhancements

Prepare and deliver reports and presentations to senior management, regulators, and relevant committees on control effectiveness, open issues, and remediation status

​Qualifications

Bachelor’s degree required

15+ years of experience in financial services, with significant experience in business controls, risk management, audit, or compliance within Wealth Management, Private Banking, or a similar environment

Proven track record of building and leading high-performing teams

Deep understanding of RIA and Broker Dealer supervisory frameworks, advisory/sales practices, and relevant regulatory requirements

Proven track record of leading control-related teams and initiatives, with strong project management and process optimization skills

Demonstrated ability to design and implement governance routines that drive accountability and transparency

Exceptional partnership and influencing skills, with experience collaborating across Compliance, Risk, Legal, and Operations functions

Strong analytical and problem-solving skills; ability to identify root causes, develop practical solutions, and drive remediation to completion

Excellent verbal and written communication skills, with the ability to present complex control issues and solutions to senior stakeholders

Ownership mentality

Strong attention to detail

Client obsessed

Series 24 preferred

#LI-JG3

#LI-Hybrid

Compensation Details

The salary range for this role is $200,000-$250,000. 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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