Neuberger Berman Head of Investments – Private Wealth Management in New York, New York
About Neuberger Berman, LLC:
Neuberger Berman is an independent, employee-owned, global asset management firm, serving the financial needs of intermediary, 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.
The Private Wealth Management business at Neuberger Berman oversees approximately $50 billion in assets for individuals, families and charitable institutions. Investment Strategy at Neuberger Berman PWM leads the investment process developing comprehensive portfolio solutions including the development of capital market expectations and strategic asset allocation models, tactical asset allocation recommendations in conjunction with institutional asset management leadership, manager research and selection across a broad range of asset classes and strategies, portfolio construction and risk management. The firm seeks a Head of Investment Strategy who can the lead Investment Strategy Group in carrying out its mandate as well as the execution of high priority strategic initiatives associated with broadening and deepening the investment process and recommendations provided internally to client-facing teams and externally to clients.
The role has three primary areas of focus: Investment Leadership, Management, and Client-facing activities.
Further define and develop PWM’s approach to comprehensive portfolio solutions and the integration of a broad range of proprietary and third party investment strategies into core portfolios
Ensure the team is operating at the highest standards including the disciplined implementation of the investment processes across the range of portfolio solutions and in the identification of high quality investment opportunities
Lead the communications and training of all client-facing teams with respect to the investment process and recommended portfolio solutions and strategies within portfolio solutions
Lead the implementation of a robust risk management framework and strategy performance evaluation
Lead global product strategy
Participate in relevant investment committees and develop relationships with investment leadership across NB
Develop relationships with client-facing advisors and investment managers as an internal point of contact to provide expertise and insights into the investment process and strategies
Management and Administration
Day-to-day management of the team
Development of the team including attracting and retaining top talent
Administrative responsibilities including planning, budgeting, employee reviews, etc.
Participate in overall leadership of PWM as a member of the PWM leadership team
Client Related Activities
Regularly represent PWM in internal and external forums
Provide thought leadership internally and externally via presentations, videos, written communications, etc.
Work with select clients to understand their unique needs and develop solutions to help them achieve their unique investment objectives
Metrics for Success
Investment performance relative to benchmarks and peers
Delivery of key strategic and business initiatives
Hiring and retention of investment professionals and other team members
Execution of management and administration responsibilities
Execution of client and communications related activities
20+ years of experience in the Financial Services industry in asset management/wealth management with a proven leadership track record.
A deep background in investment strategy including experience in capital market expectations and strategic asset allocation, tactical asset allocation, manager research and selection across a broad range of asset classes and strategies, portfolio construction and risk management.
Excellent interpersonal, written and oral communication skills with ability to communicate and influence across a broad range of sophistication levels
Management experience, strong people development capabilities and experience working in a complex organization
Experience in multi manager/strategy portfolio management including private equity and/or manager research including alternatives preferred
Bachelor’s degree required, CFA, CAIA or MBA preferred
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 firstname.lastname@example.org .
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Founded in 1939, Neuberger Berman is a private, independent, employee-owned investment manager. From offices in 23 countries worldwide, the firm manages $356 billion in client assets (as of December 31, 2019) across a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally.
Tenured, stable and long-term in focus, the firm has built a diverse team—including 600-plus investment professionals and more than 2,100 employees in total—united in their commitment to delivering client outcomes and investment excellence. It is our people who define our culture and have enabled us to be recognized by Pensions & Investments as the first or second "Best Place to Work in Money Management” for last five consecutive years (firms with 1,000+ employees).
DIVERSITY, EQUITY & INCLUSION
At Neuberger Berman, we are dedicated to cultivating a diverse, inclusive and equitable environment, where our people can be their authentic selves and realize their professional and personal goals. Our approach is based on three primary tenets: empowering, connecting and caring.
Empowering : Our people have a voice and can bring their unique perspectives to both the business table and our walls. Notably, our Advocacy Walk—located on our executive floor—is a curation of pieces from our art collection that highlights important societal issues, and reinforces that we are a firm that encourages feedback and inspires our colleagues to take risks.
Connecting : Our people are united in the way we collaborate and lead. With support from the firm, many of our engagement initiatives, create a greater sense of fellowship amongst our colleagues and stronger connections. This includes our Employee Resources Groups—Women’s Forum, Veterans Group, NB Pride Network, NextGen Network, and the NB Black Experience—and cultural celebrations for Diwali, Chinese New Year and Hispanic Heritage Month, among others in which we celebrate the diversity of our people.
Caring : Our people serve their communities. Our NB Impacts program allows employees to leverage the firm’s broad resources to support their causes globally through charity and volunteer efforts that matter to them. From providing financial support (including the Neuberger Berman Foundation and corporate grants) to using our skills, time and effort (volunteerism and nonprofit board service), we believe strongly in extending our culture of service from clients to our community.
Neuberger Berman is passionate about supporting this environment by creating a workplace that provides balance and support for our employees—both professionally and personally. Our Employee Investment Solutions and best-in-class retirement program focus on financial health and wellness. In-house yoga, meditation and Peloton bikes, along with nutrition counseling and healthy cooking demos, are among our many body and mind wellness opportunities. Finally, our benefits are on the leading edge of policies around domestic partner benefits and family-oriented programs, including primary and non-primary care leave, adoption benefits, back-up childcare, and our NeuParents support and networking group.
Our people and our culture are our greatest assets, and we remain committed to making Neuberger Berman a best-in-class place to work.
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