Mutual Fund Intermediary Oversight

We are seeing a detail-oriented Fund Administration and Intermediary Oversight Specialist. You will be responsible for administering mutual fund services, fund oversight, and overseeing the intermediary compensation process, ensuring adherence to regulatory requirements and maintaining superior service for global intermediary partners. This includes tracking affiliate investments, coordinating with transfer agents, intermediary partners (such as state street) and other external service providers while evaluating opportunities for automating workflows an operational efficiency. Additionally, you will support key functions such as the annual 15c process, risk reporting, and financial reporting for the Mutual Fund Board of Directors.

Responsibilities:

• Manage the intermediary compensation process, by work with Distribution Partners to oversee invoices and payments, with a focus on streamlining the tracking and reporting workflows
• Act as the primary liaison with transfer agents (UMB, SS&C, JPM, BBH) and other service providers, ensuring alignment on strategy, KPIs, and financial reporting while resolving operational issues.
• Oversight of the annual 15c process, including responding to due diligence questionnaire, providing detailed analysis and benchmarking of fund performance, expenses, and AUM against competitors, and preparing materials for the Mutual Fund Board, ensuring proper governance of the funds
• Oversee the Transfer Agent 's trailer process including tracking affiliated investments and ensuring compliance with regulatory requirements for registered funds (e.g. 40 Act Funds, UCITS, QIAIF & PE Funds)
• Conduct risk reporting, cashflow reporting, investment concentration reporting, and investment conflict reporting
• Collaborate with internal teams and various levels of management through the organization (Sales, Legal and Finance).
• Special projects and ad hoc reporting. Contribute to special projects, including automating workflows, enhancing operational efficiency, and improving service delivery
• Support the implementation of Revport and Broadridge tools for intermediary compensation processes to streamline tracking, reporting, and payment workflow for the intermediary invoice global distribution process
• Partner with Finance on the expense accrual process for Firm's Financial month end close

Qualifications:

• Bachelor's degree required, Preferably in Business, Finance, or related field
• 5 - 7 years of experience in Financial Services with a focus on mutual fund administration, reporting, and/or intermediary compensation
• Knowledge of industry regulations (e.g., SEC, FINRA) and compliance requirements related to mutual funds and intermediary compensation.
• Experience with registered funds, including operational processes is highly preferred
• Working knowledge of fund administration platforms (Broadridge Revport is preferred)
• Proficiency in Microsoft Office Suite, with advanced Excel skills (e.g., pivot tables, macros, VLOOKUPs) and a working knowledge of PowerPoint for reporting and presentations.
• Experience with financial reporting tools and data management systems is a plus.
• Strong communication and interpersonal skills required, ability to collaborate across internal and external stakeholders
• Strong time management skills, detail oriented, and organized with strong follow-through skills
• Team oriented, able to collaborate with others yet also work independently

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Compensation Details

The salary range for this role is $110,000-$140,000. 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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