Performance Specialist

Neuberger Berman Group LLC

$100K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance required.
  • 3+ years of experience in accounting, finance, or valuation; certification like CIPM, CPA, or CFA is advantageous but not mandatory.
  • Strong technical knowledge of performance metrics such as IRR, MOIC, DPI, and TVPI.
  • Experience with various fund structures, including closed-end and evergreen funds.
  • Thorough understanding of fund accounting and financial reporting principles.
  • Practical knowledge of private equity and private credit markets.
  • Excellent collaboration skills across diverse teams.
  • Detail-oriented with strong organizational skills.
  • Proficiency in Excel is crucial.

Responsibilities

  • Calculate performance for funds, accounts, and mandates in the Private Markets sector.
  • Assist in portfolio construction and performance analysis.
  • Perform in-depth calculations including IRR and time-weighted returns.
  • Conduct analytics and attribution for all metrics.
  • Collaborate with investment teams for performance reporting and analysis requests.
  • Verify cash flow inputs with finance teams and ensure accuracy in performance methodologies.
  • Coordinate with marketing for performance data needed in RFPs.

Benefits

  • Comprehensive benefits package including medical, dental, and vision insurance.
  • Paid time off and vacation days.
  • Retirement plan options available.
  • Life insurance coverage provided.
  • Eligibility for discretionary bonuses.
Full Job Description

The Private Markets Finance Group is looking to hire a Performance Specialist who will be responsible for performance calculation, tracking and monitoring as it relates to the private markets business funds, mandates and separate accounts.

Responsibilities:

  • Calculation of Fund, Separate Account and Mandate performance across the Private Markets platform

  • Calculation of portfolio level performance and assistance in model portfolio construction

  • Calculations include but are not limited to, IRR, MOIC, DPI, TVPI, time-weighted rates of return and time series calculations

  • Analytics and attribution analysis as it relates to all metrics in question

  • Work closely with various investment teams, marketing and senior leadership on performance reporting ad-hoc analysis

  • Work closely with accounting/finance teams to validate cash flow inputs to performance models, review calculation methodologies, and ensure alignment with industry standards and internal performance reporting practices

  • Work closely with marketing team members to provide performance details for RFPs

Qualifications:

  • Bachelor's or higher degree in Accounting or Finance

  • 3+ years accounting/finance/valuation experience; CIPM, CPA and/or CFA a plus, but not required

  • Technical understanding of aforementioned metrics

  • Familiarity with multiple fund structures and calculations, including closed-end drawdown funds and evergreen structures

  • Strong understanding of accounting theory and fund accounting and financial reporting

  • Practical understanding of asset class and markets including private equity, private credit and other bespoke transactions

  • Ability to work cooperatively and collaboratively with all levels of employees, management, and external agencies to maximize performance, creativity, problem solving, and results.

  • Highly detail oriented and organized in work

  • Excellent communication and interpersonal skills with a customer service focus

  • Ability to act and operate independently, entrepreneurial mindset

  • High degree of proficiency in Excel

LI-MB1

LI-Hybrid

Neuberger Berman is unable to offer visa sponsorship for this position. Applicants must be authorized to work in the United States without the need for current or future sponsorship.

Compensation Details

The salary range for this role is $100,000-$130,000. 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 employees 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 Companys sole discretion unless and until paid and may be modified at the Companys sole discretion, consistent with the law.

Similar Jobs

More Jobs at Neuberger Berman Group LLC

More Finance & Insurance Jobs

Find similar Performance Specialist jobs: