drjobs Risk Supervisory Officer

Risk Supervisory Officer

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1 Vacancy
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Job Location drjobs

New York City, NY - USA

Monthly Salary drjobs

$ 90000 - 125000

Vacancy

1 Vacancy

Job Description

The Central Supervision team (CSG) assists in the development implementation and enforcement of supervisory policies and procedures across Neuberger Bermans Private Wealth (PW) North American Institutional and North American Intermediary client coverage channels. CSG seeks a qualified candidate to join our highimpact team.

Responsibilities:

  • Provide procedural guidance to Portfolio Managers Wealth Advisors Salespersons administrators and internal business partners via email telephone inquiries and staff meetings.

  • Principal review and approval of account maintenance and new accounts including natural person and entity new accounts with strategies spanning across asset classes (equity fixed income private equity/credit and hedge funds) with emphasis on Best Interest standards investment policy statement (IPS) review and meeting appropriate documentation requirements.

  • Monitor Discretionary & NonDiscretionary Investment Advisory program relationships using proprietary firm tools with focus on identification mitigation and resolution of alerts related to IPS Compliance (including but not limited to deviation from asset allocation/risk profiles suitability of portfolio holdings alternative investment exposure and related account activities within client relationships).

  • Review and evaluate portfolio holdings verse client account objectives to ensure compliance with best interest standards.

  • Assess and authorize trade corrections errors and reallocations for retail clients.

  • Evaluate the trade rotation and allocation processes of portfolio management teams to confirm compliance with established policies and procedures.

  • Examine daily trade blotters and reports to verify compliance with internal policies and external regulations.

  • Evaluate periodic supervisory reports focused on suitability of portfolio holdings and activities within client accounts and liaise with PW teams on resolution of exception items.

  • Work closely with internal/external auditors and Legal and Compliance to respond to regulatory inquiries.

  • Crosstrain in additional supervision areas dependent upon business requirements

  • Must be prepared and capable of working onsite five days a week during the first year.

Qualifications:

  • Bachelors Degree required

  • Series 7 66 required

  • Series 24 (or 9/10 licenses required or must be obtained withing 6 months of employment.

  • 35 years of investment advisory or brokerdealer experience ideally with background in supervisory principal activities.

  • Detailoriented with strong organizational and follow up skills.

  • Must be able to operate independently and function as a team player.

  • Demonstrated ability to use sound judgment and critical thinking skills to investigate evaluate and resolve complex issues.

  • Strong collaboration influence and excellent interpersonal skills including the ability to interact with all levels of staff.

  • Demonstrated analytical ability strong written and oral communication skills.

#LIDD2

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Compensation Details

The salary range for this role is $90000$125000. 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 .

Learn about the Applicant Privacy Notice.


Required Experience:

Manager

Employment Type

Full-Time

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