Managing Director, Specialty Finance/Fintech

Posted:
8/18/2024, 5:00:00 PM

Location(s):
California, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Finance & Banking

Business Summary:

Neuberger Berman Specialty Finance (“NBSF”) team is a capital solutions provider in the short duration high yield loans and receivables market. NBSF seeks to identify assets within the consumer, small business, and bridge loan segments in order to build short duration, income producing credit portfolios for its clients. The group will partner with high-quality originators who have strong underwriting and servicing capabilities. Utilizing the latest financial technology, NBSF will strive to create diversified portfolios with robust risk protection. The group will leverage strong internal research and data to best position portfolios for the current economic climate. NBSF is headed by Peter Sterling in Redwood City, CA.

Position Summary:

Neuberger Berman is seeking to hire an innovative Investment Team member to be directly involved in the sourcing and evaluation of investments in Specialty Finance & Fintech. In this role, this person will have a strong influence in portfolio decisions and have direct interaction with the leaders of the Neuberger Berman. The successful candidate will need to have an entrepreneurial spirit with the ability to think creatively. This role will provide you with visibility and access to the forefront of the venture capital and technology communities. You will be part of a growing team and be able to work on cutting edge projects with the backing and resources of one of the top global asset management firms in the world with over $405 billion in AUM. We believe this person will make a tremendous impact on the group’s approach to success.  

Responsibilities:

  • Sourcing Asset Based Lending and Specialty Finance Deals

  • Managing the entirety of the due diligence process

  • Running legal documentation process with external counsel

Qualifications:

  • 10yrs+ of experience in Buy-Side Specialty Finance or Structured Credit or Investment Banking/ABS

  • Must have sourced and underwritten over $500m in deals

  • Quantitatively oriented with a degree in mathematics, statistics, econometrics, computer science, or other quantitative disciplines

The base salary range is $250,000-$400,000 and senior partners may be eligible to participate in carry plans (please refer to compensation details below).

Compensation Details

The salary range for this role is $250,000-$400,000. 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 . 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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Neuberger Berman Group

Website: https://nb.com/

Headquarter Location: New York, New York, United States

Employee Count: 1001-5000

Year Founded: 1939

Last Funding Type: Post-IPO Equity

Industries: Banking ⋅ Business Development ⋅ Finance ⋅ Financial Services