Private Markets Product Management Associate
Neuberger Berman Group LLC - New York City, NY
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Summary:Neuberger Berman is an employee-owned global investment management firm with $433 billion in assets under management. The private markets group of the firm, NB Private Markets, is a leading and growing investor in private markets, managing over $80 billion of client commitments since inception.Within our Private Investment Portfolios & Co-Investment business, we manage both commingled and custom investment vehicles (or ''Funds''), which are diversified across fund investments (primary and secondary basis) and direct investments. Each Fund has one or more Principal or Managing Director professional(s) on the investment team, who serve as the ''Program Manager(s)'' and are responsible for managing the day-to-day activities of the fund.The Product Management function supports the Program Manager(s) in aspects of the Funds'' day-to-day activities, including the coordination of the investment execution process investment monitoring, cash management (as applicable) as well as internal and external communications via scheduled and/or reports, meetings and calls. This role will have a particular focus on NB''s Funds that are evergreen in nature, have ongoing subscription/withdrawal features, and include more liquid strategies. This role will entail both wealth management focused funds as well as institutional focused funds.Responsibilities:Support of Program Managers in all aspects of the Funds'' managementCoordination among all NB internal constituencies of the Fund, including the Private Markets Investment Team, Legal, Finance, Reporting, Operations, Investor Communications and Client Services and non-private markets Investment Teams (i.e. fixed income and multi-asset class teams)Investment Tracking:Support Program Managers in portfolio construction, monitoring and forecasting activitiesTracking and forecasting of private markets portfolio (to determine capital needs and availability for new investments and/or distributions)Coordination of investment process for the Fund, including portfolio fit, client / board approvals as needed, otherReview and assisting with ad hoc, quarterly and annual reporting, investor / board communications, annual and other ad hoc meetingsnCapital Managemet:Tacking of inflows & outflows (subscriptions, withdrawals, dividends, etc.)Tracking of investment realizations vs. new investment activityCredit facility management (as applicable)Qualifications:Undergraduate degree in economics, business, finance, or similar3 - 5 years of relevant professional experience (i.e., finance, accounting, operations, investment banking, private equity)Excellent academic credentialsResourcefulness, ability to multi-task, team-player attitude and a desire to work on a wide range of projects and manage them effectivelyStrong project management and organizational skillsRemarkable attention to detailStrong judgment, maturity and critical thinking skillsExcellent communication, and ability to articulate and present ideas effectively both orally and in written formInitiative and creativity in approach to problem solving and to be resourcefulExhibits strong dedication to the job and takes ownership of deliverablesIntellectual curiosity and ability to learn fastNeuberger 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 [Click Here to Email Your Resumé].Learn about the Applicant Privacy Notice.
Created: 2025-10-04