Event Driven Hedge Fund Associate

Neuberger Berman; New York (NY); On-site; USD 125,000 - 175,000; Full time

Benefits offered by this job

Comprehensive benefits package

Paid time off

Career development opportunities

Job summary

A leading investment firm is seeking an analytically rigorous investment professional in New York. The role focuses on market neutral investment strategies within public equity markets, requiring 2 years in investment banking and hedge fund experience. Candidates should excel in analytical skills, communication, and teamwork. The position involves analyzing investment opportunities, conducting due diligence, and collaborating with portfolios. A comprehensive salary package includes a base salary of $125,000-$175,000, along with benefits and a discretionary bonus.

Qualifications

• 2 years of top-tier investment banking experience.
• 2 years in a public market hedge fund.
• Ranked near the top of your investment banking class.

Responsibilities

• Conducting due diligence on public market equity.
• Building and maintaining complex financial models.
• Preparing investment memos for the management team.

Skills

Analytical rigor

Quantitative skills

Written communication

Problem-solving

Teamwork

Excel proficiency

PowerPoint proficiency

Education

Undergraduate degree with excellent academic credentials

Job description

Neuberger Berman's Principal Strategies Group (PSG) is a $3.5 billion alternative investment platform that sits at the intersection of public and private markets. The group manages a differentiated suite of strategies, including a market neutral event‑driven hedge fund strategy and a private market crossover equity strategy, offering investors exposure to compelling opportunities across the equity event spectrum.

We are seeking a driven and analytically rigorous investment professional to focus on our market neutral event‑driven strategy. In this role, you will take an active part in evaluating and executing public market equity investment opportunities across sectors. The ideal candidate brings 2 years of experience in a top‑tier investment banking program followed by 2 years in public market buyside/hedge fund experience.

Responsibilities

• Analyzing and conducting comprehensive due diligence on public market equity opportunities
• Performing in-depth financial analysis of companies and industries
• Build and maintain complex financial models, including DCF, LBO, and comparable company analyses to evaluate investment opportunities
• Monitor portfolio positions through ongoing tracking of company developments, earnings releases, news flow, and macro/sector trends
• Analyze corporate events including mergers & acquisitions, spin‑offs, restructurings, activist situations, and other special situations to identify alpha‑generating opportunities
• Prepare detailed investment memos and present recommendations to the portfolio management team
• Track and synthesize sell‑side research, industry reports, and alternative data sources to develop differentiated investment theses
• Engage with company management teams, industry experts, and sell‑side analysts to gather qualitative and quantitative insights
• Support portfolio risk management through position sizing analysis, scenario modeling, and stress testing
• Collaborate cross‑functionally with trading, risk, and operations teams to support seamless execution and portfolio management
• Supporting fund marketing and existing client requests
• Conducting ad hoc special projects

Qualifications

• Must have excellent academic credentials (both undergraduate school and GPA)
• Must have 2 years of top‑tier investment banking program experience and 2 years of top‑tier hedge fund (preferred)/Equity buyside experience
• Must be ranked near the top of investment banking class with exceptional quantitative skills
• Must have strong judgment, critical thinking and written skills; ability to articulate and present ideas effectively both orally and in written form
• Must show initiative and creativity in approach to problem solving; demonstrated experience in conducting research and interacting with others to develop solutions
• Must have ability to multi‑task with a fine‑tuned attention to detail
• Must have team‑player attitude and a desire to work on a wide range of projects
• Demonstrated proficiency with Excel and PowerPoint and ability to integrate AI tools into the research and investment process

Neuberger Berman is unable to offer visa sponsorship for this position. Applicants must be authorized to work in the United States without the need for current or future sponsorship.

Compensation Details

The salary range for this role in Illinois is $125,000-$175,000 and in New York is $125,000-$175,000. 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. 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, business sector, performance, shift, travel requirements, sales or revenue‑based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, retirement, 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 until paid and may be modified at the Company’s sole discretion, consistent with the law.

Neuberger Berman is an equal opportunity 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 [e-mail].

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