Investment Operational Due Diligence Analyst

Neuberger Berman is a private, independent investment manager with a global presence. They are seeking an Operational Due Diligence Analyst to oversee the Alternatives Operational Due Diligence program, conducting reviews on investments with third-party fund managers and assessing operational risks.

Responsibilities

• Maintain ownership of the full ODD review lifecycle for both existing and prospective investments
• Gather and analyze information from fund managers and specialty lenders during the investment decision-making process via meetings held with senior members of the firm’s non-investment team (e.g. COO, CFO, GC/CCO, CTO)
• Identify key areas of operational risk and ensure that the appropriate mitigating controls have been implemented
• Communicate due diligence findings to the Investment Team and other decision makers at the firm as necessary
• Document and track the operational due diligence review process via the maintenance of a proprietary ODD memo
• Build out and manage proprietary data set used in ODD analysis and monitoring process
• Conduct ongoing service provider due diligence
• Stay abreast of industry best practices and key events across several areas (e.g. regulatory, technology/systems, trading) while maintaining ownership of projects focused on the analysis of key risks within the portfolios
• Communicate with clients on an as-needed basis
• Engage in ad hoc operational projects to support the broader Alternatives platform

Skills

• Minimum 0-2 years of experience required; traditional audit/tax, advisory, or operational due diligence experience strongly preferred but comparable fund accounting, trading, fund administration, or hedge/PE fund operations experience will be considered
• Familiarity with private equity, venture capital, private credit, and various hedge fund strategies (e.g. distressed credit, global macro, systematic)
• Superior oral communication skills; Candidates must be comfortable participating in meetings with C-level professionals and engaging with investors. In addition, written skills are essential to maintaining internal documentation which may be made available for client consumption
• Strong attention to detail; Must be able to consume and triangulate information and data from multiple sources and ultimately reconcile any conflicts
• Must be able to independently formulate, and confidently support, opinions
• Ability to support ongoing reviews and take the lead on ad hoc projects while maintaining accountability and ensuring that internal deadlines are met; Must be able to multi-task and prioritize multiple projects in an efficient manner
• Proficient in Microsoft Office
• Experience with Tableau and / or PowerBI a plus
• CPA, CAIA or CFA a plus

Benefits

• Paid time off
• Medical/dental/vision insurance
• 401(k)
• Life insurance
• Other benefits

Company Overview