Private Wealth Business Associate

Neuberger Berman; New York (NY); On-site; USD 90,000 - 110,000; Full time

Benefits offered by this job

Discretionary bonus

Medical/dental/vision insurance

Retirement plan

Paid time off

Life insurance

Job summary

Neuberger Berman is seeking a Business Associate to lead process improvement and operational excellence within Private Wealth. The role focuses on evaluating current processes, designing improvements, and driving adoption across teams to enhance efficiency and scalability.

The ideal candidate has 3+ years in process improvement, strong analytical skills, and experience in financial services. A background in organizational design and automation is highly valued for successful delivery.

Qualifications

• Bachelor's degree in related field.
• Lean Six Sigma or PMP desirable.
• 3+ years in process improvement or related roles.
• Experience in financial services, private wealth preferred.
• Strong knowledge of process mapping and workflow analysis.
• Proficiency in automation technologies and digital transformation.
• Change management expertise.
• Self-starter able to operate independently and make decisions.
• Ability to build relationships across a complex organization.
• Ability to multi-task and manage multiple projects.
• Ability to influence senior stakeholders.
• Excellent time management and communication.
• Analytical thinking and attention to detail.

Responsibilities

• Process Inventory and Assessment: inventory current processes and map workflows.
• Opportunity Identification and Design: identify automation and redesign opportunities.
• Future-State Operating Model Development: define measurable goals and future workflows.
• Implementation and Change Management: lead rollout and secure stakeholder buy-in.
• Monitoring and Continuous Improvement: track metrics and drive ongoing optimization.

Skills

Process mapping

Workflow analysis

Automation

Change management

Stakeholder management

Organizational design

Strategic thinking

Project delivery

Education

Bachelor's degree in Business Administration, Finance, Operations Management, Engineering, or related field

Lean Six Sigma / PMP or similar certification

Tools

Lean Six Sigma

PMP

Process design tools

Job description

Position Overview:

Neuberger's Private Wealth business is seeking a highly motivated and results-driven individual to lead initiatives focused on process improvement and operational excellence. This individual will play a critical role in enhancing the efficiency, scalability, and effectiveness of the Private Wealth business by evaluating current processes, identifying opportunities for improvement, and driving implementation efforts. The role requires a blend of strategic thinking, operational expertise, and change management capabilities. The role of Business Associate will be responsible for the ownership and execution of several strategic programs and analyses related to the growth and design of the Neuberger's Private Wealth organization. Our choice candidate will be a detail oriented strategic thinker with a passion for solving complex problems, dealing with ambiguity, organizational design, and who possesses an unrelenting customer obsession and a strong desire to make their mark on the organization.

Primary Responsibilities:

• Process Inventory and Assessment: Conduct a comprehensive inventory of all current processes within the Private Wealth business Map out workflows, roles, and responsibilities to fully understand the existing operating model Identify manual, duplicative, or unnecessary steps in current processes


• Opportunity Identification and Design: Pinpoint areas for process enhancement, including automation opportunities and strategic redesign of workflows Propose innovative solutions to streamline operations while maintaining compliance and quality Recommend changes to organizational structure and roles & responsibilities to align with optimized processes


• Future-State Operating Model Development: Develop a forward-looking operating model that incorporates process improvements, automation, and enhanced efficiency Document future-state workflows and define measurable goals for success


• Implementation and Change Management: Lead the execution of process enhancements, ensuring seamless transition from current state to future state Collaborate with stakeholders to align on changes and secure buy-in across impacted teams Implement change management strategies to drive adoption of new processes and tools Provide training and support to teams to ensure successful implementation of process changes


• Monitoring and Continuous Improvement: Establish metrics to track the effectiveness of implemented changes Monitor ongoing performance of processes and identify additional areas for improvement Act as a champion for continuous improvement within the Private Wealth business

Experience & Skills Qualifications:

• Bachelor's degree in Business Administration, Finance, Operations Management, Engineering, or a related field.


• Advanced degree or certifications such as Lean Six Sigma, PMP, or similar are a plus.


• 3+ years of experience in process improvement, operational excellence, or related roles.


• Experience within the financial services industry, private wealth management highly preferred.


• Strong knowledge of process mapping, workflow analysis, and operational efficiency tools.


• Proficiency in automation technologies and familiarity with digital transformation initiatives.


• Expertise in change management principles and techniques.


• Candidate must be a self-starter with the ability to operate independently and make decisions.


• Ability to build relationships and partner across a complex organization.


• Ability to multi-task and manage multiple simultaneous projects.


• Ability to influence seniors and stakeholders outside of your span of control.


• Excellent time management, follow-through, and project delivery skills.


• Exceptional written and verbal communication skills, able to simplify complexity.


• Exceptional analytical skills.


• Strategic thinker.


• Strong attention to detail.


• Highly organized.


• Owner of outcomes.


• Team player.


• Applicants must be authorized and have the right to work in the country where the role is located without the need for current or future sponsorship.

Compensation Details

• The salary range for this role is $90,000-$110,000. 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 the job posting location. 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 is 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 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.

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Neuberger was founded in 1939 to help individuals achieve their investment objectives. Today, we continue that mission at Neuberger Wealth, where we are solely dedicated to serving individuals, families, and their charitable organizations by providing them with comprehensive wealth and investment management solutions that enable their unique financial journeys and purpose.

What matters to you? That’s what matters to us. That’s how it’s always been. That’s Neuberger Wealth. Neuberger believes strongly that all employees are entitled to be treated with respect and dignity, and to work in a professional and safe environment. These values are the cornerstone of our firm. We prohibit any form of harassment, whether mental, verbal or physical. We do not tolerate the support of terrorist groups, acts of terrorism, or threats of violence. All who wish to be employed by the firm are expected to uphold these principles. For important disclosures: http://www.nb.com/linkedin