Neuberger Berman

Compensation

Full Description

Neuberger Berman's Global Trade Management team provides critical middle-office support to Equity and Fixed Income Trading Desks, Portfolio Managers, and Wealth Advisors, collaborating across Operations and Technology to ensure seamless trade execution and settlement. The Chicago Middle Office team supports the US Institutional Fixed Income business, overseeing $250+ billion in AUM across a wide range of products, including Corporates, Mortgages, Treasuries, Mutual Funds, Private Placements, Bank Loans, TBAs, and other Structured Products. This team manages all operational aspects of the trade life cycle-trade confirmation, settlement, and discrepancy resolution-while driving scalability and automation within a controlled environment. Responsibilities also include coordinating new business and product onboarding, partnering with technology for straight-through processing, and supporting key internal and industry projects. Key Responsibilities: • Provide post-execution trade support for institutional fixed income products, ensuring accurate and timely confirmation of all trade activity. • Oversee successful communication of trade details from internal trading systems to external parties. • Resolve trade confirmation and settlement discrepancies, communicating effectively with brokers, custodians, and internal partners, with a strong focus on fail prevention. • Liaise with third-party vendors to address and resolve bank loan confirmation discrepancies. • Coordinate with Portfolio Management and Trading teams to correct trade errors and address electronic trade issues. • Facilitate the onboarding of new business and products, ensuring timely and accurate setup of new trade flows. • Document and maintain comprehensive procedures to support operational consistency and compliance. • Collaborate with other Global Middle Office teams to meet evolving business needs. • Complete monthly, quarterly, and annual reporting requirements. • Assist with daily ad hoc requests and inquiries as needed. Qualifications: • At least 2 years of relevant industry experience • Bachelor's degree in Finance, Accounting, or a related business field (preferred but typically required) • Experience and understanding of fixed income products, workflows, and related vendor applications (including CTM, Alert, SWIFT, and FIX) • Strong organizational skills with a desire to create and maintain efficient, effective workflows • Excellent written and verbal communication abilities • Proven ability to deliver tasks and projects on time with minimal supervision in a fast-paced environment • Demonstrated ability to identify areas for improvement and collaborate with the team to implement changes • Strong problem-solving skills and sound judgment in executing solutions • Detail-oriented and highly motivated to succeed • Proficient in MS Office applications Nice to Have: • Advanced knowledge of Excel • Experience with Aladdin • Experience with Bloomberg • Prior oversight of third-party service providers #LI-DD2 #LI-Hybrid Compensation Details The salary range for this role is $70,000-$85,000. 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, retirement, 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. 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