Fund Controller - RESI

The Neuberger Berman Private US Residential Real Estate Debt Strategies group (RESI) is seeking a candidate to join the Finance Team that is responsible for a series of fast-growing residential credit funds and separate account mandates currently with $16 Billion of AUM across the platform. The position is based in NBs New York headquarters and supports the Business Team which is located in Chicago with Finance Team members located in both Chicago and New York. This group operates in a collaborative team environment sharing responsibilities across multiple areas of focus supporting the Business Team working closely with the dedicated General Counsel and Tax Manager and is supported by dedicated Ops Team professionals.

We are seeking a candidate to join the expanded group of Fund Controllers that are dedicated to the RESI business. Experience with comingled and separate account structures is important and the ability to take ownership of assigned funds manage and direct Fund Administrators with a mindset of operational efficiency balanced with risk mitigation is key.

Responsibilities:

• Working closely with the Business Team to understand the various loan portfolios and support acquisitions dispositions and financing arrangements

• The ability to work independently balanced by the judgement of the appropriate time to escalate issues to Finance Team leadership is critical to success

• Monthly and Quarterly financial reporting processes including preparation/review of transactional activity recalculation of management fees and carried interest review of financial statements and partner capital reports prepared by Fund Administrators

• Supporting treasury operations including cash liquidity management approval of transaction fundings vendor payments calculation of capital calls and distributions

• Coordination with and support of Operations Team charged with reconciliation of monthly loan servicing reports

• Management oversight of the loan facilities including draw requests payment processing and monitoring loan compliance

• Performance measurements including calculation of IRRs investment multiples and time-weighted returns

• Review of Limited Partnership Agreements and other agreements to ensure accuracy and compliance with fund allocations management fees carried interest organization costs etc

• Preparation of investor requests and internal requests on an ad hoc and recurring basis

• Review and understanding of fund structures including master/feeder structures and blockers

Qualifications:

• 8-12 years experience

• Minimum of a Bachelors degree in Accounting

• Combination of Big 4 and private experience

• Demonstrated advancement in responsibilities and proven leadership skills

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Compensation Details

The salary range for this role in Illinois is $130000-$185000 and the salary range for the role in New York is $130000-$185000. 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. 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 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.

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