Neuberger Berman is an independent, employee-owned, global asset management firm, serving the financial needs of institutional and individual investors worldwide. Our broad capabilities include traditional and alternative equity and fixed income strategies, private equity and commodities, in addition to portfolio advice and wealth planning services. We offer a broad platform to accommodate the evolving needs of our clients.

We are seeking a highly motivated Summer Quantitative Analyst to join in New York. The Summer Quant position will focus on Quantitative Analysis, Portfolio Analysis & Modeling to provide quantitative research, analysis and support to quantitative teams drawn from across Neuberger Berman. These teams may include, but are not limited to, Institutional Solutions, and Risk. The internship will be 12 weeks in length, including six-week rotations across each of two businesses for broad exposure to quantitative careers within the asset management industry.

Responsibilities:

• Conduct generalist quantitative research using demonstrable market knowledge and intuition across multiple asset classes, including fixed income and equity markets globally, as well as alternative asset classes. Research will be academic and buy-side oriented.
• Solve real world portfolio management problems in a largely autonomous fashion while collaborating with team members.
• Translate academic and/or buy-side research into theses that are implementable and actionable.
• Conduct statistical analysis and develop sophisticated quantitative financial models used for asset allocation and security selection.
• Perform portfolio optimization, performance and attribution analysis, and portfolio risk (coherent measures) analysis.
• Build financial models to perform back tests on asset allocation and security selection strategies.
• Stay connected and current with academic finance research and developments and present findings to team members.
• Prepare materials for presentations.
• Help on daily portfolio management tasks in the areas of cash management, risk reporting and performance attribution.

Qualifications:

• Master’s degree candidate in Financial Mathematics or related quantitative field or foreign equivalent.
• Expected graduates in December 2025 or Spring 2026 only.
• Strong statistical, econometrics and applied mathematics grounding.
• Knowledge in fixed income and equity markets.
• Passion for investing.
• Experience developing quantitative models to evaluate the expected return and risk associated with portfolio management decisions is a plus.
• Programming experience required; specific experience in Python, R, and SQL preferred.
• Excellent verbal and written communication skills.

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Compensation Details

The hourly rate for this role is $40. This is the hourly rate 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 hourly rate, and the hourly rate may be modified in the future. This hourly rate is only applicable for jobs to be performed in New York City.

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/affirmative action 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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