Associate, Corporate Actions & Income

Barings; Town of Charlotte (NY); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Medical (including virtual care)

Prescription, Dental, Vision coverage

401(k) Plan with Company Match

Health Savings Account with Company/EE

Paid Vacation and Holidays

Education Assistance Program

Job summary

Barings in Charlotte, NC is seeking an Associate to support corporate actions and income processing across portfolios. The role serves as a subject matter resource, analyzes events, and recommends courses of action affecting client servicing and operations.

The analyst will drive process improvements, collaborate with Operations and Technology, and coordinate with custodians and internal teams to ensure accurate event processing and risk controls.

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting or related discipline, or equivalent industry experience.
• 2+ years of experience in investment operations, corporate actions, custody, fund administration or related financial services activities.
• Demonstrated ability to analyze complex operational issues and recommend solutions.
• Strong stakeholder management and communication skills.
• Experience with Aladdin or similar investment operations platforms preferred.

Responsibilities

• Analyse corporate action and income information and determine appropriate operational treatment through issuer documentation, custodian notifications and market guidance.
• Exercise independent judgement when evaluating exceptions, claims, breaks and other operational issues arising from corporate action and income events.
• Develop and implement process improvements with colleagues across Operations and Technology, and recommend efficiency and control enhancements.
• Contribute to the development, maintenance and enhancement of procedures, controls and supporting documentation.
• Represent Corporate Actions in cross-functional working groups and discussions with custodians regarding service quality and issue resolution.
• Review restructuring event documentation, coordinate implementation activities, and communicate impacts to stakeholders.
• Contribute to private ratings activities through interpretation of rating agency requirements and cost allocations.

Skills

Stakeholder management

Communication skills

Aladdin experience

Education

Bachelor’s degree in Finance, Economics, Accounting or related discipline

Tools

Aladdin

Job description

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.

Job Title : Associate, Corporate Actions & Income

Business Title : Associate

Location : Charlotte, NC

Role Summary

The Corporate Actions Analyst is responsible for the administration and oversight of corporate actions and income processes supporting the Barings investment portfolios. The role serves as a subject matter resource to business partners, exercises independent judgement in analyzing operational issues, interprets market events and internal policies, and recommends courses of action regarding matters affecting client servicing and investment operations.

Key Responsibilities

• Analyse corporate action and income information and determine appropriate operational treatment through the interpretation of issuer documentation, custodian notifications and market practice guidance, supporting accurate and timely event processing.
• Exercise independent judgement when evaluating exceptions, claims, breaks and other operational issues arising from corporate action and income events.
• Develop and implement process improvement initiatives in collaboration with colleagues across Operations and Technology, and recommend efficiency and control enhancements to operational workflows.
• Contribute to the development, maintenance and enhancement of procedures, operational controls and supporting documentation.
• Represent Corporate Actions in cross-functional working groups, project initiatives, and discussions with custodians regarding service quality, event processing and issue resolution.
• Review restructuring event documentation, determine operational processing requirements, coordinate implementation activities, and communicate event impacts to relevant stakeholders.
• Contribute to private ratings activities through the interpretation of rating agency requirements, monitoring renewal schedules, communication with internal and external stakeholders, and analysis of portfolio cost allocations associated with ratings activity.

Decision-Making and Discretion

The role is expected to evaluate facts, understand market events and internal procedures, prioritise competing requirements and make recommendations regarding operational issues and processing outcomes. Work is performed independently within established policies and procedures.

Qualifications

• Bachelor’s degree in Finance, Economics, Accounting or related discipline, or equivalent industry experience.
• 2+ years of experience in investment operations, corporate actions, custody, fund administration or related financial services activities.
• Demonstrated ability to analyze complex operational issues and recommend solutions.
• Strong stakeholder management and communication skills.
• Experience with Aladdin or similar investment operations platforms preferred.

Key Competencies

Independent Judgement and Decision-Making

• Applies sound judgement when evaluating corporate action and income events, interpreting event documentation, assessing alternatives and recommending appropriate courses of action within established policies and procedures.

Analytical Thinking and Problem Solving

• Analyses complex information, identifies root causes of operational issues, evaluates potential solutions and provides clear, well-reasoned recommendations.

Risk and Control Awareness

• Maintains a strong awareness of operational risks and controls, identifies potential issues, supports the maintenance of a controlled operating environment and contributes to continuous improvement activities.

Stakeholder Management and Communication

• Builds effective working relationships with internal and external stakeholders, communicates complex information clearly and provides timely guidance on operational matters.

Planning, Prioritisation and Organisation

• Effectively manages competing priorities, responds to time-sensitive events and deadlines, and maintains accuracy whilst working across multiple activities and responsibilities.

Continuous Improvement and Learning

• Seeks opportunities to improve operational efficiency and effectiveness, supports change initiatives and demonstrates a willingness to develop knowledge and expertise across the corporate actions and income function.

Collaboration and Teamwork

• Works collaboratively across Operations, Technology, Portfolio Management, Compliance, Legal and external counterparties to achieve successful operational outcomes.

#LI-AA1

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

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