Neuberger Berman
The Neuberger Berman Private US Residential Real Estate Debt Strategies group (“RESI”) is seeking a Fund Controller to join the finance team that is responsible for the financial and investor reporting for a series of residential credit funds and separate account mandates with approximately $16 Billion of AUM across the platform. The RESI finance group operates in a collaborative team environment, sharing responsibilities across multiple areas of focus, supporting the deal operations of the RESI business team.
Responsibilities:
Working close with business team to understand the various loan portfolio’s and support acquisitions, dispositions and financing arrangements
Communication with audit firms, fund administrators and custodians to facilitate the financial reporting process.
Monthly and / or Quarterly financial reporting processes, including preparation/review of transactional activity, recalculation of management fees and carried interest, review of financial statements and partner capital reports.
Supporting treasury operations, including cash liquidity management, approval of transaction fundings, vendor payments, calculation of capital calls and distributions
Coordination with and support of Operations Team charged with reconciliation of monthly servicer reports
Management oversight of the loan facilities, including draw requests, payment processing and monitoring loan compliance
Performance measurement, including calculation of IRRs, investment multiples and time-weighted returns
Review of Limited Partnership Agreements and other agreements to ensure accuracy and compliance with fund allocations, management fees, carried interest, organization costs, etc.
Preparation of investor requests and internal requests on a ad hoc and recurring basis
Review and understanding of fund structures, including master/feeder structures and blockers
Participation in Firm-wide initiatives, sharing information and experiences with other Alts Finance Teams
Working to create process improvements and efficiencies in all areas of responsibilities
Communication with a multi-location finance organization (Chicago and New York) and the Chicago based business team, from NB’s New York Headquarters
Qualifications:
Bachelor’s degree in Accounting, CPA required
7-9 years of experience, including Big 4
Prior experience with Private Equity Fund Structures is required
Strong Microsoft Office skills
Demonstrated ability to work in a collaborative environment
Excellent supervisory and staff development skills
Must be a self-starter, dedicated to the success of the organization’s goals
Excellent analytical skills, strong planning and organizational skills
Strong written and verbal communication skills
Ambitious and able to work well under pressure
Compensation Details
The salary range for this role in Illinois is $140,000-$185,000 and the salary range for the role in New York is $140,000-$185,000. 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, 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
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
onlineaccommodations@nb.com
.
Learn about the Applicant Privacy Notice (https://www.nb.com/en/global/disclosure-privacy-policy) .
Founded in 1939, Neuberger Berman is a private, independent, employee-owned investment manager. From offices in 39 cities worldwide, the firm manages $515 billion in client assets (as of March 31, 2025) 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 760-plus investment professionals and more than 2,800 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 Berman 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
Responsibilities:
Working close with business team to understand the various loan portfolio’s and support acquisitions, dispositions and financing arrangements
Communication with audit firms, fund administrators and custodians to facilitate the financial reporting process.
Monthly and / or Quarterly financial reporting processes, including preparation/review of transactional activity, recalculation of management fees and carried interest, review of financial statements and partner capital reports.
Supporting treasury operations, including cash liquidity management, approval of transaction fundings, vendor payments, calculation of capital calls and distributions
Coordination with and support of Operations Team charged with reconciliation of monthly servicer reports
Management oversight of the loan facilities, including draw requests, payment processing and monitoring loan compliance
Performance measurement, including calculation of IRRs, investment multiples and time-weighted returns
Review of Limited Partnership Agreements and other agreements to ensure accuracy and compliance with fund allocations, management fees, carried interest, organization costs, etc.
Preparation of investor requests and internal requests on a ad hoc and recurring basis
Review and understanding of fund structures, including master/feeder structures and blockers
Participation in Firm-wide initiatives, sharing information and experiences with other Alts Finance Teams
Working to create process improvements and efficiencies in all areas of responsibilities
Communication with a multi-location finance organization (Chicago and New York) and the Chicago based business team, from NB’s New York Headquarters
Qualifications:
Bachelor’s degree in Accounting, CPA required
7-9 years of experience, including Big 4
Prior experience with Private Equity Fund Structures is required
Strong Microsoft Office skills
Demonstrated ability to work in a collaborative environment
Excellent supervisory and staff development skills
Must be a self-starter, dedicated to the success of the organization’s goals
Excellent analytical skills, strong planning and organizational skills
Strong written and verbal communication skills
Ambitious and able to work well under pressure
Compensation Details
The salary range for this role in Illinois is $140,000-$185,000 and the salary range for the role in New York is $140,000-$185,000. 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, 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
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
onlineaccommodations@nb.com
.
Learn about the Applicant Privacy Notice (https://www.nb.com/en/global/disclosure-privacy-policy) .
Founded in 1939, Neuberger Berman is a private, independent, employee-owned investment manager. From offices in 39 cities worldwide, the firm manages $515 billion in client assets (as of March 31, 2025) 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 760-plus investment professionals and more than 2,800 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 Berman 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