Loan Asset Management Associate Apply Locations: US - MA - BOSTON - 10 FAN PIER BLVD, Charlotte, NC, United States Time Type: Full time Posted on: Posted 26 Days Ago Job Requisition ID: JR_005472 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: Loan Asset Management Associate Business Title: Associate Business Unit: Portfolio Finance Location: Boston, Charlotte, NC We are looking for a Loan Asset Management (LAM) Associate to work directly with Portfolio Finance's deal team and external borrowers in the critical investment closing process and oversight through the life cycle of these complex portfolio level loan facilities. Team Overview: Barings Portfolio Finance provides customized, complex, highly negotiated, proprietary secured loans to private asset managers. Barings Portfolio Finance manages the entire loan lifecycle. As such, the loan asset management team interacts regularly with the investment team, borrowers, and external stakeholders - from origination to offboarding. Primary Responsibilities:
- Assist deal team with onboarding and closing new deals including participation in the review of legal documentation including 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 loans we service including compliance and covenant monitoring, borrower relationship management.
- Maintain complex financial models to record collateral data, test compliance metrics, and calculate waterfalls.
- Collaborate with Treasury & Investment Operations teams supporting investments.
- Develop and improve processes.
- Ensure deliverables are managed to a high standard and within timelines. Qualifications:
- Degree in Business, Finance, related field or equivalent.
- 2+ years of relevant investment, 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. 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. About Us Barings is a leading global asset management firm dedicated to meeting the evolving investment and capital needs of our clients. We build lasting partnerships that leverage our distinctive expertise across traditional and alternative asset classes to deliver innovative, institutional-quality solutions and service. Our team-driven culture is based on transparency, responsibility and putting our clients' interests first. We listen to our clients to understand their needs so that we can be a strategic advisor and long-term partner in meeting their unique investment goals. Risk management and protecting our investors' capital over the long term is an essential component of our lasting partnerships. Barings is also committed to building long-term relationships with our associates and providing opportunities and support to help them succeed. With our expanding business and global footprint, Barings offers a wealth of opportunities for associates who share our culture, values and commitment to excellence in client service. As an organization, we believe that a diversity of perspectives and strengths is essential to meeting the evolving needs of our clients, and we are committed to attracting and retaining a talented workforce as diverse as the clients and communities that contribute to our success. #J-18808-Ljbffr