Full-Time
Trading Associate
Fixed Income, Non-Investment Grade
Posted on 4/17/2025
Neuberger Berman
Compensation Overview
$80k - $100k/yr
Entry, Junior
Chicago, IL, USA
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- Strong Excel capabilities
- Familiarity with Bloomberg is preferred or previous experience mastering some software is desired
- Interest in the financial markets, macroeconomics and investing; familiarity with fixed income concepts (yield, spreads, duration recommended)
- Strong analytical skills; capable of solving problems within finite deadlines while operating effectively in a fast-paced and evolving environment
- Excellent organizational, interpersonal and communication skills with a strong attention to detail
- Ability to self-motivate, multitask and prioritize tasks for several different colleagues
- Strong academic credentials, recent graduate (0-2 years out of school)
- Work collaboratively in a cross-functional team as a key support for the non-investment grade bond and loan trading desks
- Serve as a point person in the trade order management process, coordinating with portfolio managers and traders
- Ensure orders are in compliance with client guidelines and coordinate with legal and compliance teams to resolve issues
- Coordinate with internal security team to set up and ensure data accuracy for all issuers in our index
- Produce daily reports highlighting market movements and trading volumes for our investment team and ongoing investor reporting
- Organize with our settlements team to monitor efficient trade settlement and provide feedback to traders and portfolio managers
- Collaborate with our client service team to provide accurate and timely information required by clients, maintain and update pitch books
- Attend daily meetings with traders and portfolio managers, receive mentorship from seasoned professionals and collaborate with many business units across the organization which can lead to opportunities to grow within the team or the entire Neuberger Berman fixed income business
- Familiarity with Bloomberg is preferred or previous experience mastering some software is desired
Company Size
N/A
Company Stage
N/A
Total Funding
$11.3B
Headquarters
New York City, New York
Founded
1939
Simplify's Take
What believers are saying
- Growing demand for ESG investing aligns with Neuberger Berman's potential to expand offerings.
- The rise of digital assets presents new product development opportunities for the firm.
- Personalized investment solutions trend allows Neuberger Berman to leverage its portfolio management expertise.
What critics are saying
- Increased competition from passive strategies may pressure Neuberger Berman's active management model.
- Technological advancements like robo-advisors could threaten traditional investment management firms.
- Fee compression in the industry might impact Neuberger Berman's profitability.
What makes Neuberger Berman unique
- Neuberger Berman offers a diverse range of funds with regular monthly distributions.
- The firm is a key mezzanine lender in significant financial deals like Oportun's facility.
- Neuberger Berman's hiring of Maya Bhandari strengthens its multi-asset strategies in EMEA.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Performance Bonus
Company News
SAN CARLOS, Calif., April 02, 2025 (GLOBE NEWSWIRE) -- Oportun OPRT, a mission-driven financial services company, today announced the closing of a new warehouse facility. Features of this facility include: $187.5 million total commitmentNatixis Corporate Investment Banking, as senior lenderNeuberger Berman, on behalf of client funds, as mezzanine lenderTwo-year revolving periodCollateralization by Oportun's unsecured and secured personal loan originations "This new warehouse facility materially increases Oportun's warehouse capacity with a diversified group of lenders," said Paul Appleton, Interim Chief Financial Officer of Oportun. "With the support of Natixis and Neuberger Berman, this committed financing will help drive Oportun's responsible growth in the years ahead." Oportun maintains a diverse set of capital sources including committed warehouse facilities, asset-backed securitizations, corporate-level debt financing, and whole loan sales. About Oportun Oportun OPRT is a mission-driven financial services company that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $19.7 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members save an average of more than $1,800 annually
NEW YORK, March 31, 2025 /PRNewswire/ -- Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) (the "Fund") has announced a distribution declaration of $0.10 per share of common stock. The distribution announced today is payable on April 30, 2025, has a record date of April 15, 2025, and has an ex-date of April 15, 2025.Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.10 per share of common stock, unless further action is taken to determine another amount. The Fund's ability to maintain its current distribution rate will depend on a number of factors, including the amount and stability of income received from its investments, availability of capital gains, and the level of other Fund fees and expenses. There is no assurance that the Fund will always be able to pay a distribution of any particular amount or that a distribution will consist of only net investment income.Due to an effort to maintain a stable distribution amount, the distribution announced today, as well as future distributions, may consist of net investment income, net realized capital gains and return of capital. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income
NEW YORK, March 31, 2025 /PRNewswire/ -- Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") has announced a distribution declaration of $0.0905 per share of common stock. The distribution announced today is payable on April 30, 2025, has a record date of April 15, 2025, and has an ex-date of April 15, 2025.Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.0905 per share of common stock, unless further action is taken to determine another amount. The Fund's ability to maintain its current distribution rate will depend on a number of factors, including the amount and stability of income received from its investments, the cost of leverage and the level of other Fund fees and expenses. There is no assurance that the Fund will always be able to pay a distribution of any particular amount or that a distribution will consist only of net investment income.Due to an effort to maintain a stable distribution amount, the distribution announced today, as well as future distributions, may consist of net investment income, net realized capital gains and return of capital. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income
NEW YORK, March 31, 2025 /PRNewswire/ -- Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSE American: NML) (the "Fund") has announced a distribution declaration of $0.0584 per share of common stock. The distribution announced today is payable on April 30, 2025, has a record date of April 15, 2025, and has an ex-date of April 15, 2025.The Fund currently intends to make regular monthly cash distributions to holders of its common stock at a fixed rate per share, to be determined based on the projected net rate of return of the Fund's investments as well as other factors, subject to ongoing review and adjustment from time to time. The Fund currently intends to pay its regular monthly distributions out of its distributable cash flow, which generally consists of (1) cash and paid-in-kind distributions from master limited partnerships ("MLPs") or their affiliates, dividends from common stocks, interest from debt instruments and income from other investments held by the Fund less (2) current or accrued operating expenses, including leverage costs, if any, and taxes on its taxable income.The Fund expects that a portion of its distributions to stockholders will constitute a non-taxable return of capital. A "return of capital" is a distribution by the Fund which represents a return of a common stockholder's original investment and should not be confused with a dividend. To the extent the Fund pays a return of capital, a common stockholder's basis in Fund shares will be reduced, which will increase a capital gain or reduce a capital loss upon sale of those shares
NEW YORK, March 17, 2025 /PRNewswire/ -- Neuberger Berman Municipal Fund Inc. (NYSE American: NBH) (the "Fund") has announced a distribution declaration of $0.05417 per share of common stock. The distribution announced today is payable on April 15, 2025, has a record date of March 31, 2025, and has an ex-date of March 31, 2025. The Fund seeks to provide income that is exempt from regular federal income tax. Distributions of the Fund may be subject to the federal alternative minimum tax for some stockholders.The distribution announced today, as well as future distributions, may consist of net investment income, realized capital gains, and return of capital. In the event the Fund distributes more than its net investment income during any yearly period, such distributions may also include realized gains and/or a return of capital