Senior Associate Guideline Oversight

Position: Private Markets Investment Compliance Officer - AMGO

Location: Luxembourg

About Neuberger Berman:
Neuberger Berman is an independent, employee-owned, global asset management firm that serves that financial needs of institutional and individual investors worldwide. Our broad capabilities include traditional and alternative equity and fixed income strategies, private equity, commodities, and portfolio advise, as well as wealth planning services. We offer a broad platform to meeting the evolving needs of our clients.

About Neuberger Berman AIFM S.à r.l.:
Neuberger Berman AIFM S.à r.l. (the “AIFM”) in Luxembourg, is authorized and regulated by the Commission de Surveillance du Secteur Financier (the “CSSF”) as an alternative investment fund manager providing investment management services through alternative investment funds (“AIFs”) to institutional, professional and retail clients.

The AIFM is also authorized to provide additional services such as (i) discretionary portfolio management (segregated mandates), (ii) investment advice and (iii) reception and transmission of orders in relation to financial instruments. The AIFM may also provide services in other EU Member States under the regime of Free Provision of Services.

The AIFM is managing mainly private equity AIFs, but is also managing some debt, infrastructure, and ILS funds.

About Our Team (AMGO):
The Asset Management Guideline Oversight (AMGO) group is a critical part of Neuberger Berman’s global Risk group. AMGO serves as an independent control group, ensuring that investment portfolios remain compliant with regulatory, prospectus, client, and internal guidelines. This role requires deep technical understanding of investment products across asset classes, including private markets.

The NB Alternative business encompasses a range of strategies, including Private Equity (Primary, Secondary, and Co-Investments), Private Credit, Fund of Hedge funds, and other specialty alternatives. AMGO Collaborates with NB Alternatives to oversee compliance and guideline monitoring across these private market strategies.

Position Overview

The focus of the position will be initially to ensure the compliance of the AIFs’ portfolios with their investment policies and restrictions, and with the applicable regulations. The Private Markets Investment Compliance Officer will review and analyze the portfolio transactions on a pre-trade and ex-post basis from a risk and investment compliance perspective.

Additionally, and with the support and guidance of the broader teams, this person may also gradually perform other tasks and controls. This person will notably, on an ancillary basis, support the Luxembourg Risk Conducting Officer on other risk management activities including operational risk and investment risk tasks.

Primary Responsibilities:

- Oversee and monitor investment guidelines based on client or fund legal documents, such as the PPM, LPA, Prospectus, in collaboration with investment teams, legal and compliance, finance teams, and relevant NB Alternative support teams.
- Conduct pre-trade control of the investment restrictions for each investment opportunity and perform ex-post review at the frequency of the NAV (i.e. typically on a quarterly basis) utilizing financial statements.
- Maintain and enhance guideline oversight template for ongoing monitoring, working closely with investment teams, legal, and other stakeholders.
- Collaborate across the firm on projects to ensure successful implementation of guideline compliance procedures and improve process efficiency.
- Assist in analyzing, developing, and implementing policies and procedures to ensure compliance with global regulations.
- Lead and drive cross-functional initiatives as needed, ensuring alignment with NB’s organization goals, and adapting to evolving business priorities.
- Escalate any potential breach of the investment restrictions to the senior management.
- Assist the Luxembourg Risk Conducting Officer in the resolution and reporting of the breaches to the relevant parties, in accordance with the related policies and procedures of the AIFM, and with the applicable regulatory obligations.
- Support, on an ancillary basis, the Luxembourg Risk Conducting Officer on other risk management activities such as operational risk and investment risk tasks and controls.

Experience & Skills Qualifications:

- Bachelor’s degree with strong academic credentials, and a minimum of 3 years of relevant work experience
- Demonstrated experience in private markets, such as private equity, investment management, asset management, or management consulting
- Demonstrable knowledge of the Luxembourg regulatory environment and of the regulations applicable to the alternative funds such as notably the AIFMD, the ELTIF Regulation, the RAIF Law, the SIF Law, etc.
- Understanding of investment products across asset classes
- High level of accountability with a strong sense of ownership and high attention t