About Neuberger Berman:

Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager with $508 billion in assets under management as of December 31, 2024. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 26 countries, Neuberger Berman's diverse team has 2,885 professionals. For 11 consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more).

SMA Trading Associate

The Managed Account Group (MAG) provides Separately Managed Account (SMA) solutions to Financial Intermediaries and Neuberger Berman Wealth Advisory clients. The Group administers Equity, Fixed Income and ETF/Mutual Fund allocation products offered to numerous SMA and Unified Managed Account (UMA) distribution networks.

Responsibilities include:

•Communicating accurate and timely model-based directives to third-party partners

•Managing SMA’s in accordance with strategy guidelines and portfolio manager directives

•Routing equity, ETF and mutual fund order flow

•Generating orders for new accounts, flows, terminations and tax management requests

•Reviewing portfolio guidelines and account level dispersion analysis

•Developing expert knowledge of the team’s trade modeling and order creation systems

Requirements include:

•2 to 3 years of Separately Managed Account (SMA) experience

•Experience with various trading systems including InvestCloud APL, Vestmark and Charles River

•Proficient in basic Excel skills

•Ability to prioritize and manage multiple tasks with a keen attention to detail

•Familiarity with equity, fixed income, and mutual fund securities and markets

•Excellent communication skills and the ability to articulate complex information

•Demonstrated experience working both independently and as part of a team in a highly collaborative and demanding environment

•Ability to identify and address operational risk issues

•Series 7 and 66 required or the ability to attain within six months of start-date

•Bachelor’s Degree

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Compensation Details

The salary range for this role is $90,000-$115,000. 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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