What are the responsibilities and job description for the Senior Associate / Associate Director - Trading Practices Compliance position at Barings?
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 / 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
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
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