Director, Compliance - Assessment & ReportingAt 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.Title: Director, Compliance - Assessment & ReportingBusiness Unit: ComplianceLocation: Charlotte, NCBarings 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.Job SummaryResponsible for assisting in ensuring that Barings compliance programs, relevant to its investment advisers, investment company, broker-dealer, and related entities are adequately designed, effectively implemented, and comprehensive given the nature of Barings business activities, and state, SEC, FINRA, CFTC and other regulations applicable to them. This will be accomplished through assisting in the development, administration, and ongoing maintenance of an internal regulatory reviews, regulatory change management and assessments program designed as a compliance oversight function to ensure Barings and entities to which Barings has compliance responsibility, have adequately designed and implemented a compliance program.Primary Responsibilities
- Participate in the development, maintenance, and management of Barings compliance programs related to its investment advisers, investment companies, broker-dealer, and related entity activities. Ensure compliance with the Investment Company and Advisers Acts of 1940, the Securities Exchange Act of 1934, FINRA regulations, and applicable state and local regulation.
- Assist in instituting the regulatory change management program for expansion to multiple markets, states, and international jurisdictions, as well as expansion of product offerings and services.
- Through an annual assessment and oversight program assist investment, operational and compliance professionals in adequately assessing internal compliance and operational risks and developing internal compliance policies, procedures, controls, and management reporting to conform to regulations and industry practices as appropriate; develop mechanisms to regularly monitor the effectiveness and adequacy of such procedures and controls.
- Assist in development, implementation and delivery of effective management reports on the status of compliance within business lines. Participate in the resolution and/or developing recommendations to management on regulatory compliance issues; provide guidance to business units on compliance issues.
- Assist in the management of regulatory examinations and other internal/external audits, and incorporate such reviews/audits into the Barings assessment and oversight program.
- Participate in or lead key department or corporate projects as requested.
- Responsible for working with various departments to complete Form ADV and related filings for all Barings registered investment advisers and exempt reporting advisers.
- Assist in the completion of client reporting, RFPs, DDQs and other similar reporting requirements as appropriate.Qualifications
- Minimum 7+ years of investment adviser and investment company compliance relevant to business lines including equity and fixed income separate accounts; private investment funds; open-end mutual funds; bank loans; real estate investments; corporate securities; and, quantitative funds. Such experience should include 5+ years of actual assessment and oversight experience.
- Strong working knowledge of the provisions of The Investment Company Act of 1940, The Investment Advisers Act, the 33 and 34 Acts, and FINRA regulations. A legal education or background and/or other advanced degree, or in current pursuit of such, is a plus.
- Experience in working with regulatory agencies (e.g., SEC, FINRA, State) generally and during examinations, working with audits, and on investigations (internal or external).
- Must be self-motivated and must possess the skills to successfully interact and negotiate with internal professionals, including executive management and external regulators, often in difficult situations.
- Excellent analytical, written and verbal skills and proven positive interpersonal skills. Strong ability to read, comprehend, and effectively communicate to others, highly technical regulatory requirements. Possess very strong organizational skills; must be very detail oriented.
- Strong management abilities; position has direct oversight of regulatory review, assessment and entity oversight activities. Ability to work without direct oversight.
- Successful communicator with experience clearly explaining, quantifying, and advising executive leadership with respect to regulatory risk.
- The individual must have a proven track record of demonstrating high integrity, good business judgment, and perseverance; and must be able to engender the trust among the firm's senior managers and employees. #J-18808-Ljbffr