Associate Director - Trading Practices Compliance

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: Associate Director, Trading Practices Compliance

Business Unit: Compliance

Location: Charlotte, NC; Boston, MA; Chicago, IL

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 the day-to-day surveillance and oversight activities for the Firm’s various trading functions. Position is responsible for the assessment of the Firm’s trading risk and identifying breaches to prescribed policies. Requires the use of policies, procedures, and manual and automated systems to mitigate these risks and comply with regulatory restrictions. This position reports to the Head of Trading Practices Compliance and is a visible position within the organization often interacting with members of the firm’s Portfolio Management, Trading, Legal, Risk, and Operations teams.

This position is vital to the success of the organization’s trading practices compliance function. Given the volume and types of investment activity occurring, it is important that there be adequate trade compliance coverage. This position will have a direct impact on the firm’s ability to conduct business in accordance with applicable law, thereby protecting the firm from adverse regulatory exposure and minimizing litigation risk.

Primary Responsibilities

The responsibilities of the role include, but are not limited to:

• Must successfully monitor all elements of trading for investment products related to, among others: public equity and fixed income investments; bank loans, private placements, mezzanine funds, derivatives, real estate and other structured products.
• Assist with surveillance and oversight objectives in relation to best execution, fair allocation, conflicts, market abuse, order management and trade error resolution.
• Ensure timeliness and thoroughness of insider trading and firewall management reports.
• Identify best practices and other potential enhancements to the firm’s firewalls and control room functions.
• Support/ownership of Compliance policy development and maintenance as they relate to Trading Practices topics.
• Participate in or lead key department or corporate projects as requested.
• Provide advice and support across departments and across global locations.
• Resolve and /or recommend to management solutions to trading related issues; provide guidance to business units on relevant compliance issues.
  
  
  

Qualifications

• Minimum 4 years of investment adviser or financial service experience with emphasis on trade compliance. Experience with various asset types including equity and fixed income assets; private investment funds; registered funds; bank loans; derivatives and real estate investments.
• Experience with Firewalls, Insider Trading, Market Conduct, and other conflicts of interest polices strongly preferred.
• Knowledge of the provisions within Investment Advisers Act, Investment Company Act, ERISA, FCA Handbook\UCITS, MAR, AIFMD, MIFID II and other applicable regulations.
• Experience working with regulatory agencies (e.g., SEC, FINRA, CFTC, FCA) and/or a corporate audit environment a plus.
• Experience in project management and addressing ad hoc data analysis requests.
• Effective, results orientated team player with strong interpersonal skills; Critical thinker with very strong organizational and analytical skills; must be very detail oriented.
• Must be self-motivated and must possess the skills to successfully interact and negotiate with internal professionals, including management.
• Strong ability to comprehend highly technical regulatory requirements.
• Demonstrates ongoing commitment to continuous learning and self- improvement.
• Aladdin and strong Excel experience also a plus.
• Ability to handle high volumes of work under tight deadlines while maintaining accuracy and minimizing risk.
• Good communicator who has previous daily engagement with investment teams
  
  
  

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

• Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
• Fitness Center Reimbursement Program (Including Online Memberships)
• Employee Assistance Program (EAP)
• Fertility Benefits
  
  
  

FINANCIAL WELL-BEING

• Highly competitive 401(k) Plan with Company Match
• Health Savings Account (HSA) with Company Contributions
• Flexible Spending Accounts (FSA) - Health Care & Dependent Care
• Retirement Health Reimbursement Account
  
  
  

LIFE INSURANCE

• Basic and Supplemental Life Insurance
• Spouse and Child Life Insurance
  
  
  

TIME OFF, DISABILITY AND LEAVE OF ABSENCE

• Paid Vacation, Sick Days and Annual Holidays
• Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
• Short and Long Term Disability Plans
• Paid Volunteer Time
  
  
  

Other Benefits

• Education Assistance Program
• Charitable Matching Gifts Program
• Commuter Reimbursement Program
• Adoption and Surrogacy Reimbursement Program