Valuation Specialist

Neuberger Berman; New York (NY); On-site; USD 215,000 - 255,000; Full time

Job summary

Neuberger Berman seeks a senior Valuation Specialist for the NB Alternatives platform to build a centralized valuation function across private markets. You will collaborate with the Head of Private Markets and cross‑functional teams to ensure accurate, timely fair value determinations and robust analytics.

Responsibilities include preparing daily to quarterly valuation models, coordinating with operations, accounting, IT, and risk, and overseeing third‑party valuation providers and auditors in a

Qualifications

• Team oriented individual who can train and develop others to expand capabilities and capacity of the Valuation Team.
• Strong project management, communication and presentation skills.
• Problem-solving, data analytical, and valuation skills.
• Strong knowledge of valuation methodologies and advanced Excel capabilities.

Responsibilities

• Support the Head of Private Markets Valuation and the valuation process for private equity and private credit.
• Prepare daily, monthly and quarterly valuation models and portfolio analytics.
• Coordinate with Operations, Accounting, IT, Risk and other teams on pricing and inputs/outputs.
• Manage relationships with third-party valuation providers and auditors.
• Assist with the quarterly NAV close and prepare valuation memos and disclosures.

Skills

Project management

Communication skills

Analytical skills

Valuation knowledge

Advanced Excel

Education

Bachelor's degree in Finance/Accounting/Economics

CFA designation strongly preferred

Advanced degree or credentials (CPA, ASA, CVA, FRM)

Tools

Bloomberg

FactSet

CapIQ

ICE

Burgiss/Cambridge

Job description

Neuberger is looking for a Valuation Specialist for the NB Alternatives platform. This role represents an opportunity to build out a centralized valuation team supporting the overall NB Alternatives platform.

Responsibilities

Work closely with and support the Head of Private Markets Valuation Support the preparation of daily, monthly and quarterly valuation models and portfolio analytics for various asset classes related to private equity and private credit strategies Perform model validation on new valuation models Coordinate with Operations, Accounting, Information Technology, Risk and other supporting teams on pricing, valuation, P&L and valuation model inputs/outputs Assist the Head of Private Markets Valuation in managing the valuation process on market data and inputs to the valuation private equity and private credit models (comparable companies, waterfalls, yield curve, volatility, credit curves, etc.) and ensure the valuation process is valuation policy compliant Work closely with the Information Technology team to implement valuation setup for new products and automate current processes Manage the relationship with third-party valuation service providers as it relates to point estimates, range of values and positive assurance reports Manage and coordinate communications with fund auditors throughout the valuation audit cycle and throughout the calendar year as necessary Support the quarterly NAV close process for private equity, private credit, co-investment and secondaries strategies, including review of GP/manager-reported capital account statements, roll-forwards and stale-value adjustments Prepare and maintain valuation memos and supporting documentation evidencing fair value determinations under ASC 820 and ASC 946 Support Valuation Committee meetings, including preparing materials, tracking open items and documenting approvals and follow-ups Perform quarter-over-quarter and period-over-period variance, attribution and back-testing analyses (e.g., marks vs. realized exit prices) and accelerate material valuation movements Monitor and assist with implementation of evolving accounting and regulatory requirements, including FASB proposals affecting ASC 946 disclosures (e.g., disclosure of discounts attributable to contractual sale restrictions on publicly traded equity securities) and Rule 2a-5 / valuation policy requirements Support fair value hierarchy classification (Level 1/2/3), Level 3 unobservable input disclosures and footnote/financial statement reporting Maintain the valuation policy and procedures, controls, and internal-control testing evidence Develop dashboards, KPIs and management reporting on valuation coverage, timeliness, and exceptions Assist with investor, consultant, DDQ and regulatory inquiries related to valuation Identify and drive process improvements, including automation of manual valuation processes Support valuation of new investments at onboarding, including calibration of models to transaction price.

Qualifications

Team oriented individual who can help train and develop others to expand capabilities and capacity of the Valuation Team Strong project management, communication and presentation skills Possess problem-solving, data analytical, and valuation skills Strong knowledge of valuation methodologies and advanced excel capabilities Quantitative finance background with knowledge of financial products, specifically in private equity and private credit strategies CFA designation strongly preferred Bachelor's degree in Finance, Accounting, Economics, or a related field; advanced degree or additional credentials (CPA, ASA, CVA, FRM) a plus At least 10 years of experience in valuation or investment banking/advisory with exposure to alternative assets Working knowledge of US GAAP fair value guidance (ASC 820, ASC 946), IPEV guidelines and AICPA PE/VC valuation guide Experience with valuation techniques: market approach (comps, precedent transactions), income approach (DCF), option-pricing/waterfall allocation, and credit spread/yield analyses Experience with valuation and data platforms (e.g., Bloomberg, FactSet, CapIQ, ICE, Burgiss/Cambridge) and portfolio/accounting systems Strong attention to detail, with ability to manage multiple deadlines in a monthly and quarterly reporting cycles Strong judgment, integrity and ability to challenge assumptions and communicate with senior stakeholders, auditors and third-party providers Familiarity with regulatory frameworks affecting registered funds and private funds (1940 Act, Advisers Act) LI-MB1 LI-Hybrid 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 $215,000-$255,000. 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 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.

Equal Opportunity Statement

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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About the Company

Founded in 1939, Neuberger is a private, independent, employee-owned investment manager. From offices in 40 cities worldwide, the firm manages $567 billion in client assets (as of March, 2026) across a range of strategies - including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds - on behalf of institutions, advisors and individual investors globally. Tenured, stable and long-term in focus, the firm has built a diverse team - including 790-plus investment professionals and more than 2,900 employees in total - united in their commitment to delivering client outcomes and investment excellence. It is our people who define our culture and have enabled us to be recognized by Pensions & Investments as the first or second "Best Place to Work in Money Management" for last eight consecutive years (firms with 1,000+ employees). 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.

Important Disclosures

For important disclosures: http://www.nb.com/linkedin