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 - Private Credit Loan Administration
Business Unit: Middle Office, European Private Loan Operations Team
Location: London, UK
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 commercial lending operations professional to provide administrative support to the investment team in regard to managing the closing, funding, and servicing activity of the European Private Global Finance loan portfolio.Primary ResponsibilitiesOversee and facilitate the loan closing process, including managing KYC requests, allocations process, and the funding of European private finance bank loans.
Review and interpret credit agreements and related loan documentation to ensure that the set-up of deal and borrower level information is being captured accurately by third-party agency services providers.
Oversee the loan portfolio's ongoing loan servicing activities including the loan drawdown funding, billing, and repayment processes.
Validate that any deal modifications and other changes are being made promptly and accurately by the third-party service providers.
Oversee transfer requests between multiple private fund investment vehicles and ensure internal allocations align with the agent's books.
Follow and enforce established controls and suggest new ones as products and team processes evolve to support a growing private credit business.
Assist in monitoring overall vendor performance and flag issues to leadership as needed. Act as an effective primary escalation point to resolve time sensitive issues.
Provide requested documentation for the completion of annual audits as needed.
Work on special projects upon request.
Qualifications4 years' experience in commercial lending in loan closing, booking and/or servicing functions preferably in Agency Services preferred.
Bachelor's degree in finance, accounting or related fields and/or equivalent combination of education and industry experience preferred.
Ability to multi-task and adapt to changing circumstances and adjust priorities as needed in a deadline driven environment while maintaining careful attention to detail and accuracy.
Excellent attention to detail, taking individual responsibility for quality and accuracy.
Works well independently as well as in a team environment.
Excellent communication and interpersonal skills with the ability to liaise effectively with internal and external counterparts and stakeholders.
Can-do attitude: resilient with the ability to remain calm when under pressure.
Takes ownership and responsibility for tasks; follows through to completion.
Highly organized.
Demonstrated initiative for problem solving with a focus on providing an excellent customer experience.
#LI-JS1
Requisite Skills
Additional SkillsBarings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.
MNCJobs.co.uk will not be responsible for any payment made to a third-party. All Terms of Use are applicable.