Associate Director, Loan Agency Administration

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, Loan Agency Administration

Business Unit: Global Client Operations

Location: Charlotte, NC or 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

Barings is seeking a seasoned Bank Loan Services professional to work in our Loan Administration and Specialty Operations team. This position will be in our Charlotte, NC or Chicago, IL office and reports to the Director of Private Loan Settlements and Loan Agency.

Primary Responsibilities

This position is responsible for administration and servicing of managed assets (primarily bank loans and similar products), including but not limited to:

• Support and monitoring of cash and collateral accounts for which Barings serves as Administrative Agent

• Coordination of information flow between internal Barings processes and third-party service providers.

• Pro-active management of client and lender notifications, insuring accurate and timely delivery of information

• Preparation, processing and distribution of invoices for fees and receivables

• Accurate reconciliation of accounts to insure movement and availability of funds in an acceptable time-frame

• Support deal team for closings on new deals and amendments

• Comfortable reviewing and interpreting bank loan related legal documentation to insure proper set-up and maintenance of serviced assets

Qualifications

• 4 years' experience in loan administration and servicing, preferably in Agency Services

• Minimum of Bachelor's Degree required

• Ability to multi-task and handle shifting priorities

• Excellent attention to detail

• Strong verbal and written communication skills

• Can-do attitude; resilient with the ability to remain calm when under pressure

• Takes ownership and responsibility for tasks

• Highly organized

• Demonstrated initiative in solving internal and external customer problems

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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