Neuberger Berman
Associate Portfolio Manager & Trader
Neuberger Berman, New York, New York, us, 10261
Summary
:
The Associate Portfolio Manager and Trader will be joining the Short Duration Investment Grade team. The team manages over $12 billion across various strategies, including Institutional Enhanced Cash and Short Duration, the Short Duration Income ETF, and higher quality-focused mandates across the yield curve. The successful candidate will work closely with members of the team to develop investment recommendations and assist in strategy implementation.
Responsibilities
:
Trade modelling and trade execution across a wide variety of fixed-income asset classes, including investing new money, portfolio rebalancing, and monitoring and managing daily cash flows
Analyze portfolio positioning relative to benchmarks and similarly managed mandates
Daily monitoring of portfolios to ensure mandates remain in compliance with investment strategies and guidelines
Identify and recommend relative value trading opportunities
Monitor news and trading flow for information that is pertinent to our positions
Maintain strong counterparty relationships with daily interaction across sales and trading
Assist team with monthly and quarterly reporting requirements, including attribution analysis of multi-sector fixed income portfolios, writing commentaries, and client reviews, as well as collateral documents and RFPs
Keep Client Portfolio Managers abreast of investment strategies, trades, and investment views
Qualifications
:
Demonstrated passion for and interest in financial markets and investments
Bachelor’s degree required within finance, economics, mathematics, or related fields plus minimum of three years work experience in a similar or related position
Highly motivated team player, with strong analytical and problem solving skills, who works with a sense of urgency and has the ability to prioritize tasks
Exceptional attention to detail and accuracy is critical
Good communicator with strong written and verbal communication skills
Ability to manage multiple projects/tasks in a fast-paced environment; work under pressure and independently evaluate investment ideas and take ownership of investment performance
Previous exposure to and interest in the fixed-income markets
Personable, proactive, and reliable team player that shows initiative
Experience with BlackRock Aladdin preferred , but not required
Skilled in using Excel and Python to process and analyze large data sets
SIE, Series 7, 66 and 3 licenses preferred or must be obtained within firm’s guidelines
Compensation Details
The salary range for this role is $130,000-$170,000. 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 New York City. 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, performance, shift, travel requirements, sales or revenue-based metrics, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus. 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/affirmative
action 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 $481 billion in client assets (as of June 30, 2024) 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 750-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
:
The Associate Portfolio Manager and Trader will be joining the Short Duration Investment Grade team. The team manages over $12 billion across various strategies, including Institutional Enhanced Cash and Short Duration, the Short Duration Income ETF, and higher quality-focused mandates across the yield curve. The successful candidate will work closely with members of the team to develop investment recommendations and assist in strategy implementation.
Responsibilities
:
Trade modelling and trade execution across a wide variety of fixed-income asset classes, including investing new money, portfolio rebalancing, and monitoring and managing daily cash flows
Analyze portfolio positioning relative to benchmarks and similarly managed mandates
Daily monitoring of portfolios to ensure mandates remain in compliance with investment strategies and guidelines
Identify and recommend relative value trading opportunities
Monitor news and trading flow for information that is pertinent to our positions
Maintain strong counterparty relationships with daily interaction across sales and trading
Assist team with monthly and quarterly reporting requirements, including attribution analysis of multi-sector fixed income portfolios, writing commentaries, and client reviews, as well as collateral documents and RFPs
Keep Client Portfolio Managers abreast of investment strategies, trades, and investment views
Qualifications
:
Demonstrated passion for and interest in financial markets and investments
Bachelor’s degree required within finance, economics, mathematics, or related fields plus minimum of three years work experience in a similar or related position
Highly motivated team player, with strong analytical and problem solving skills, who works with a sense of urgency and has the ability to prioritize tasks
Exceptional attention to detail and accuracy is critical
Good communicator with strong written and verbal communication skills
Ability to manage multiple projects/tasks in a fast-paced environment; work under pressure and independently evaluate investment ideas and take ownership of investment performance
Previous exposure to and interest in the fixed-income markets
Personable, proactive, and reliable team player that shows initiative
Experience with BlackRock Aladdin preferred , but not required
Skilled in using Excel and Python to process and analyze large data sets
SIE, Series 7, 66 and 3 licenses preferred or must be obtained within firm’s guidelines
Compensation Details
The salary range for this role is $130,000-$170,000. 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 New York City. 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, performance, shift, travel requirements, sales or revenue-based metrics, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus. 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/affirmative
action 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 $481 billion in client assets (as of June 30, 2024) 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 750-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