Manager Reconciliation

Summary:

The Private Wealth (PW) Operations Reconciliation Team is responsible for the research and resolution of discrepancies identified during the reconciliation of our internal accounting records and external custodians. This role supports a rapidly growing business working closely with internal and external parties to resolve all issues in a timely manner. This individual should be able to work in a fastpaced environment and work well under pressure. The ideal candidate for this role is expected to have prior experience with portfolio accounting reconciliation and direct people management experience.

Responsibilities:

• Oversee daily reconciliation of Neuberger Bermans internal accounting system to the records of our clients custodians.
• Oversight of 3rd party vendor platforms used for reconciliation processes
• Onboarding of new accounts and custodian relationships with our data aggregation partner.
• Data mapping and validation for new custodian sources
• Work with reconciliation vendor on changes/enhancements to the platform including capturing requirements and QA testing
• Work with our onboarding team to facilitate the implementation of complex mandates.
• Ensuring connectivity with our data aggregator
• Reviewing internal account setups to ensure correct processing for foreign accounts
• Work across recon teams to facilitate cost basis reconciliation as needed
• Work with custodian contacts to set up online access and data feeds as needed
• Setup of manual processes to support mandates that cant be onboarded in our standard reconciliation model
• Manage reconciliation team mailboxes and respond to inquiries in a timely manner.
• Ability to clearly articulate complex issues to our client facing teams
• Work with internal technology partners on enhancements to our system and opportunities for automation
• Prepare and present reconciliation metrics
• Various ad hoc process optimization/improvement projects as needed

Qualifications:

• B.S. degree in Accounting or Finance or equivalent experience

• 710 years experience in operations and/or middle office roles at an investment bank asset manager or broker deal required (portion of prior experience must include reconciliation role)
• 2 years experience working as a direct supervisor/manager

• General product knowledge (Equities FX Fixed Income Options Bank Debt Mutual Funds etc.
• Multicurrency Processing experience a plus
• Working knowledge of SunGard Addvantage Broadridge Proactive or similar reconciliation platforms highly valued.
• Excellent time management and organizational skills required with the ability to prioritize and multitask effectively.
• Must be detailoriented with exceptional analytical and research skills
• Full understanding and working knowledge of the operational aspects of fixed income products equities and their related standard settlement mechanisms.
• Must be proficient in Excel using pivot tables vlookups etc.

• Excellent verbal and written communication skills
• Ability to operate and take initiative with little or no direction.

Compensation Details

The salary range for this role is $110000$140000. 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 revenuebased 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 Companys sole discretion unless and until paid and may be modified at the Companys 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 .

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