Business Overview:

The Fraenkel Group has 15 members on the team. We follow a consistent approach to portfolio management that focuses on a rigorous decision-making process, buying industry leaders with strong management. Our goal is to deliver solid, long-term performance with a portfolio strategy that emphasizes conservation growth.

Position Overview:

We are looking for a portfolio/trading associate in our NYC office to join the Fraenkel Group.

Primary Responsibilities:

• Provide trading and administrative support for active portfolio manager and members of team

• Responsible for entering Equity and Fixed Income trades in US and Global Markets into trade order management systems

• Liaise with central trading desk regarding trade instructions

• Allocate executed trades based on target portfolio weighting by PM

• Responsible for portfolio holdings reports and portfolio analysis

• Obtain and compile data from various sources for internal and external reporting

• Process account openings/closings, transfers, and other client requests

• Create, monitor, and update financial data reports

• Prepare correspondence for internal and external clients

• Daily review and maintenance of client accounts, including any administrative changes or cash/security movements and insufficient funds for scheduled remittances

• Assist in the creation, coordination, and completion of client reporting

• Interact with operations and middle office to resolve account discrepancies

• Prepare materials for Account Reviews across different business lines

• Perform ad hoc projects as needed

Experience & Qualifications:

• Proficiency in Microsoft Office software (e.g. Word, Excel, PowerPoint, and Outlook)

• Familiarity with Charles River, Aladdin, Salesforce, FactSet, and Bloomberg

• Ability to prioritize and handle multiple tasks simultaneously in a fast-paced environment

• Strong time management and organizational skills

• Candidate needs to be team oriented and yet also be able to work independently with minimal guidance/supervision

• Ability to take initiative and meet clear deadlines

• Series 7 and 66 required (or willingness to attain shortly after start-date)

• Detail oriented

Compensation Details

The salary range for this role is $80,000-$95,000. This is the lowest to highest salary 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 range, and the range may be modified in the future. This range is only applicable for jobs to be performed in New York City. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), life insurance and other benefits to eligible employees.

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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