What are the responsibilities and job description for the Senior Associate, Credit Admin - Private Settlements position at Barings LLC?
At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.
We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Title : Senior Associate, Credit Admin - Private Settlements
Business Unit : Bank Loan Operations
Location : Charlotte, NC
Barings is a leading global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe, and Asia Pacific.
Job Summary
Responsible for managing the full trade settlement lifecycle of an allocated set of Private Loan / Equity names on a timely and accurate basis, ensuring related activities are conducted effectively.
Primary Responsibilities
The responsibilities of the role include, but are not limited to :
- Work closely with multiple investment deal teams and operational teams, to effectively book and fund new bank loan and equity trades, as well as current DDTL and Revolver Draws.
- Co-ordinate settlement efforts with internal teams incl. Legal, Compliance, Finance, Deal Teams, FX and Middle Office teams as required
- Review and understand loan documentation including Credit Agreements, Assignment Agreements and Funding Memos
- Handle all aspects of settlements including booking and funding of trades in Aladdin and Clearpar.
- Ensure fundings are complete, accurate and fully reconciled
- Monitoring / tracking / reporting of all trades using appropriate workflow tools
- Identifying and escalating issues to in house legal and compliance teams as well as management
- Liaise with Administrative Agents with regards to KYC documentation, including administrative details, tax and fund formation documents
- Develop network of effective relationships with Counterparties, Agents and Internal Teams
- Identify process efficiencies and marginal gain opportunities for the team.
- Assist line management with initiatives and projects as required
Qualifications
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Barings is an Equal Employment Opportunity employer; Minority / Female / Age / Sexual Orientation / Gender Identity / Individual with Disability / Protected Veteran. We welcome all persons to apply.
Barings offers a comprehensive benefits package including :
CORE BENEFITS & WELLNESS
FINANCIAL WELL-BEING
LIFE INSURANCE
TIME OFF, DISABILITY AND LEAVE OF ABSENCE
OTHER BENEFITS
