Senior Associate, Client Coverage Compensation

Neuberger Berman is seeking a skilled and detail-oriented professional to join our Production Compensation Team within the Finance group. In this role, you will support the end-to-end compensation process for our Global Institutional and Intermediary sales teams, contributing to innovation, efficiency, and insights that assist the firm’s financial planning. The position involves working closely with various groups, including Payroll, Client Billing, Fund Admin, HCM Business Partners, Client Coverage Management, and Technology, to help ensure the effective execution of the sales compensation process. You will have the opportunity to apply your analytical and technical expertise to inform decision-making and contribute to ongoing improvements in workflows and technology.

Key Responsibilities:

• Own the Process: Ensure timely, accurate, and efficient processing of monthly, quarterly, and annual compensation calculations for production-based teams; review and distribute detailed compensation statements to sales teams

• Problem-Solve with Precision: Perform root-cause analysis for payout variances and deliver clear, data-driven explanations to Client Coverage Management teams

• Deliver Insights: Prepare compensation trend analysis and forecasts to senior management

• Financial Oversight: Record compensation expense transactions in the general ledger, including assessment of P&L impact and performing balance sheet reconciliations.

• Collaborate Across Teams: Collaborate with HCM, Technology, and Client Coverage Management to implement compensation plans accurately and resolve issues effectively

• Drive Innovation: Support the design, testing, and implementation of technology enhancements to optimize compensation processes

• Enhance Efficiency: Identify and recommend process and data improvements to increase scalability, accuracy, and efficiency across workflows

Qualifications:

• Bachelor's degree in accounting or finance

• 4-6 years of experience in accounting, financial reporting, and analysis.

• Experience with commission-based compensation is required

• Asset Management/Investment Advisory industry expertise is preferred

• Advanced proficiency in Microsoft Excel and PowerPoint is essential; knowledge of SAP is a plus

• Strong communication skills (both written and verbal); ability to communicate clearly to senior management and other key stakeholders

• Exceptional attention to detail, organizational skills, and problem-solving abilities

• Ability to balance multiple priorities under tight deadlines in a high-profile, fast-paced environment

• Collaborative mindset with a willingness to contribute to a variety of initiatives

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Compensation Details

The salary range for this role is $105,000-$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 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, 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 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 [email protected].

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