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Neuberger Berman · 2 days ago

Private Wealth Compensation and Billing - Associate

New York, NY

Full-time

Hybrid

Mid Level

$75K/yr - $95K/yr

4+ years exp

Neuberger Berman is seeking a skilled and detail-oriented professional to join their Production Compensation Team within the Finance group. The role involves supporting the end-to-end compensation process for Global Institutional and Intermediary sales teams, ensuring effective execution and contributing to ongoing improvements in workflows and technology.

BankingBusiness DevelopmentFinanceFinancial Services

Culture & Values

No H1B

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

Qualification

AccountingFinancial ReportingCommission-Based CompensationMicrosoft ExcelMicrosoft PowerPointSAPCommunication SkillsAttention to DetailOrganizational SkillsProblem-SolvingCollaborative Mindset