What are the responsibilities and job description for the Associate/Senior Associate, Direct Lending Loan Servicing 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: Associate/Senior Associate, Direct Lending Loan Servicing
Business Title: Associate or Senior Associate
Business Unit: Portfolio Finance
Location: Boston, MA, 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 supporting the loan activities of complex portfolio level loan facilities through the loan lifecycle.
Barings Portfolio Finance provides customized, complex, highly negotiated, proprietary secured loans to private asset managers and manages the entire loan lifecycle. As a member of Portfolio Finance’s loan asset management team you will support the investment team, borrowers, and external stakeholders – from origination to offboarding.
Primary Responsibilities
Requisite Skills
Additional Skills
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
We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Title: Associate/Senior Associate, Direct Lending Loan Servicing
Business Title: Associate or Senior Associate
Business Unit: Portfolio Finance
Location: Boston, MA, 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 supporting the loan activities of complex portfolio level loan facilities through the loan lifecycle.
Barings Portfolio Finance provides customized, complex, highly negotiated, proprietary secured loans to private asset managers and manages the entire loan lifecycle. As a member of Portfolio Finance’s loan asset management team you will support the investment team, borrowers, and external stakeholders – from origination to offboarding.
Primary Responsibilities
- Assist with loan activities at closing and on boarding of new loan facilities including review of credit agreements, loan & servicing agreements, amendments, account control agreements, and closing/settlement statements in relation to Loan Asset Management functions and best practices
- On-going servicing and other administration functions on serviced loans including compliance and covenant monitoring
- Utilize financial models to record collateral data, test compliance metrics, and calculate waterfalls
- Support treasury & investment operations activities through cash and reporting reconciliations
- Ensure deliverables are managed to a high standard and within timelines
- Degree in Business, Finance, related field or equivalent preferred
- 2 years of relevant investment operations/support experience preferably with investing or servicing private equity, private real estate, or private credit and lending documents
- Ability to develop credibility and build relationships with all internal and external stakeholders and partners
- Excellent attention to detail
- Demonstrate exceptional project/time management, coordination, and organizational skills
- Excellent communication and interpersonal skills
- Moderate to Advanced use of Excel and proficient use of Microsoft Office Suite
Requisite Skills
Additional Skills
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
- 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
- Basic and Supplemental Life Insurance
- Spouse and Child Life Insurance
- 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
- Education Assistance Program
- Charitable Matching Gifts Program
- Commuter Reimbursement Program
- Adoption and Surrogacy Reimbursement Program
Salary : $75,000 - $100,000
