Neuberger Berman’s Private Debt platform manages over $22 billion dedicated to credit investing in high quality North American companies owned by private equity firms. NB Private Debt focuses on performing first lien, senior secured loans to U.S. private equity-owned companies. The Private Debt team sits within NB Alternatives, which has over $130 billion of investor commitments dedicated to private markets investing. The Liquidity and Liability Management Associate will have high visibility and will play an integral role as part of the NB Private Debt Team, working closely with the 20-person Investment Team, Fundraising and Marketing Team, Finance Team and other professionals across the firm. The position provides an opportunity to work at a leading private credit platform in a fast-paced entrepreneurial environment. The role is based in New York (preferred) or Dallas and provides an opportunity to be an early entrant into a rapidly growing business. **Responsibilities:** + Assist with the day-to-day management of subscription line and asset-backed credit facilities. Duties include borrowing base maintenance, monthly and quarterly reporting, and hypothetical/stress test analysis + Assist with liquidity reporting and management across the platform, ensuring adequate capital reserves are in place to meet all investment needs or fund liabilities + Maintain internal data management platform and use data to assist with various analyses to provide valuable insights to the Investment and Senior Portfolio Management Teams + Facilitate ongoing correspondence and asset review process with leverage providers + Collaborate closely with the Investment Team on monitoring of pipeline investments, performance of existing investments, and key events / material amendments impacting the existing portfolio + Assist with allocations of new investments, giving consideration to existing company exposure, industry / sector concentration, investment vehicle capacity, and efficient financing treatment in underlying credit facilities + Assist with implementation / maintenance of subscription line and asset-backed facility credit agreements, including closely tracking terms, pricing, and other critical factors for efficient liability management **Qualifications:** + Bachelor’s degree with 1-3 years of work experience in Private Credit, Asset Back Securities, Structured Finance, or on the buy-side + Strong analytical and problem-solving skills to address issues within the loan portfolio and optimize performance + Experience in managing loan portfolios, including monitoring performance and compliance with covenants + Experience with both subscription line and asset-backed facility legal agreements, including analysis of existing terms and limitations, as well as with onboarding of new facilities and amendments to existing documents. + Strong attention to detail, excellent judgment, critical thinking and written skills; ability to articulate and present ideas effectively both orally and in written form + Team-player attitude with a desire to contribute to the growth of the platform + High proficiency in Microsoft Excel; willingness to learn internal systems and databases Compensation Details The salary range for this role is $100,000-$140,000. 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_ _._ _Learn about the Applicant Privacy Notice (https://www.nb.com/en/global/disclosure-privacy-policy) ._ Founded in 1939, Neuberger Berman is a private, independent, employee-owned investment manager. From offices in 39 cities worldwide, the firm manages $515 billion in client assets (as of March 31, 2025) across a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally. Tenured, stable and long-term in focus, the firm has built a diverse team—including 760-plus investment professionals and more than 2,800 employees in total—united in their commitment to delivering client outcomes and investment excellence. It is our people who define our culture and have enabled us to be recognized by _Pensions & Investments_ as the first or second "Best Place to Work in Money Management” for last eight consecutive years (firms with 1,000+ employees). Neuberger Berman believes strongly that all employees are entitled to be treated with respect and dignity, and to work in a professional and safe environment. These values are the cornerstone of our firm. We prohibit any form of harassment, whether mental, verbal or physical. We do not tolerate the support of terrorist groups, acts of terrorism, or threats of violence. All who wish to be employed by the firm are expected to uphold these principles. For important disclosures: http://www.nb.com/linkedin