Specialty Finance Transaction Counsel

The Specialty Finance Transaction Counsel will provide end-to-end legal support to the Specialty Finance business, partnering closely with investment professionals and internal stakeholders to structure, negotiate, and execute specialty finance and private credit transactions and related financing arrangements. Responsibilities Advise the Specialty Finance investment team across the transaction lifecycle: structuring, diligence, negotiation, documentation, execution, and post-close matters. Draft, review, and negotiate transaction documents, which may include (depending on strategy): Purchase and sale agreements, loan purchase agreements, participation agreements Credit agreements, intercreditor arrangements, amendments/waivers/consents Servicing agreements, sub‑servicing agreements, backup servicing arrangements Custodial, collateral administration, and account control agreements Confidentiality agreements, term sheets, commitment letters, engagement letters Support asset‑backed and specialty finance facilities (e.g., warehouses, repurchase facilities, secured financing arrangements, subscription/other fund‑level facilities as applicable), including negotiating facility terms and coordinating closings. Partner with internal teams (Compliance, Risk, Tax, Finance, Operations, Valuation, and Investor Relations as needed) to ensure transactions are executed in line with internal policies, regulatory requirements, and commercial objectives. Manage outside counsel efficiently: scope work, control cost, drive timelines, and ensure high‑quality deliverables. Create and maintain scalable legal processes for repeatable transaction types (templates, playbooks, negotiation guides, closing checklists, and issue trackers). Identify, evaluate, and communicate legal and structural risks; propose practical solutions that preserve investment intent and execution speed. Support ongoing legal needs for portfolio assets and platforms, including amendments, consents, enforcement‑related documentation support (as needed), and interpretation of contractual rights and obligations. Assist with review of investor‑facing or counterparty‑facing materials as appropriate (e.g., transaction summaries, side letters/consent considerations, risk disclosures related to transactions). Contribute to broader Legal team initiatives, including governance, policy implementation, and continuous improvement of deal execution and documentation standards. Qualifications J.D. from an accredited law school and active bar membership in good standing. Approximately 5 years of transactional legal experience, ideally with a leading law firm and/or in‑house at an asset manager, private credit firm, bank, or specialty finance platform. Strong experience drafting and negotiating complex commercial and financing agreements with limited supervision. Ability to manage multiple concurrent transactions in a fast‑paced environment, prioritize effectively, and consistently meet deadlines. Excellent judgment, communication skills, and the ability to translate legal risk into clear, actionable business guidance. High integrity, strong ownership mindset, and comfort working directly with senior investment professionals and stakeholders. 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 and Benefits The salary range for this role is $225,000-$275,000. 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 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. 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