Public Portfolio Services, Structured Credit - Associate Director

Baring Investment Services Limited; Charlotte (NC); On-site; USD 110,000 - 170,000; Full time

Benefits offered by this job

Medical, Prescription, Dental, Vision

Commuter Reimbursement

401(k) Plan with Company Match

Health Savings Account (HSA)

Paid Vacation and Holidays

Education Assistance

Job summary

Barings in Charlotte, NC is seeking an Associate Director for Public Portfolio Services, Structured Credit to oversee CLO funds and separately managed accounts. The role emphasizes NAV oversight, fee calculations, and proactive risk management within a collaborative team.

You will work with Portfolio Managers, Legal, Compliance, auditors, and TPAs to ensure accurate reporting and efficient operations while exploring AI/Co-pilot driven improvements.

Qualifications

• Bachelor's or higher degree in Accounting, Finance, or related business field preferred.
• Minimum 5 years Fund Accounting/Portfolio Administration experience. CPA and/or Audit experience a plus.
• Advanced Excel skills; Power BI experience would be a benefit; AI/Co-pilot a plus; Aladdin experience would be a benefit.
• Effective, results oriented team player with strong interpersonal skills; very strong organizational and analytical skills; detail oriented.
• Ability to handle high volumes of work under tight deadlines while maintaining accuracy.

Responsibilities

• Full ownership and responsibility for several CLO funds and/or separately managed accounts including daily oversight as well as monthly review and sign off on internal accounting records.
• TPA Oversight. Reconcile CLO Funds NAVs, transactions, valuations, management and performance fee calculations, distributions, capital calls, P&L, and other activity between Barings and the fund accountant/administrator's records.
• Develop and maintain relationships with key internal Barings stakeholders including Portfolio Managers, Sales, Legal, Compliance, others across the organization, as well as supporting external working relationships with related third parties e.g. TPAs, auditors, investors.
• Assist with Funds Audit process as needed.
• Raise service issues in an appropriate manner and follow issues to resolution.
• Maintain awareness of CLO fund/account client mandates, portfolio governing documents and regulatory restrictions. Act as subject matter expert on the funds/portfolios covered.
• Prepare relevant portfolio reporting as required.
• Demonstrate significant level of expertise of the holdings, terms, and transactions of multiple portfolios to provide intuitive and proactive oversight of these portfolios.
• Identify process inefficiencies and make improvement recommendations including but not limited to AI/Co-pilot use cases; Improve procedures implemented, document manual processes and work with relevant parties to reduce/eliminate.
• Assist with system implementation and testing as needed.

Skills

Analytical skills

Interpersonal skills

Organizational skills

Detail oriented

Deadline management

Education

Bachelor's degree in Accounting/Finance

Tools

Excel

Power BI

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 : Public Portfolio Services, Structured Credit

Business Title : Associate Director

Business Unit : Client, Finance, and Operations

Location : Charlotte, NC

Job Summary

Barings Global Public Portfolio Services Structured Credit team has an opening for a motivated individual who would like to join our innovative team of financial professionals.

Primary Responsibilities

The candidate will be required to support the following core processes:

Portfolio Oversight and Fund Accounting

Supporting Structured Credit team within Global Public Portfolio Services in order to meet their main responsibilities including:

• Full ownership and responsibility for several CLO funds and/or separately managed accounts including daily oversight as well as monthly review and sign off on internal accounting records.
• TPA Oversight. Reconcile CLO Funds NAVs, transactions, valuations, management and performance fee calculations, distributions, capital calls, P&L, and other activity between Barings and the fund accountant/administrator's records.
• Ability to develop and maintain relationships with key internal Barings stakeholders including Portfolio Managers, Sales, Legal, Compliance, others across the organization, as well as supporting effective external working relationships with related third parties e.g. TPAs, auditors, investors.
• Assist with Funds Audit process as needed.
• Raise service issues in an appropriate manner and follow issues to resolution.
• Maintain awareness of CLO fund/account client mandates, portfolio governing documents and regulatory restrictions. Act as subject matter expert on the funds/portfolios covered.
• Prepare relevant portfolio reporting as required.
• Demonstrate significant level of expertise of the holdings, terms, and transactions of multiple portfolios to provide intuitive and proactive oversight of these portfolios.

Systems and Operational process improvement

• Identify process inefficiencies and make improvement recommendations including but not limited to AI/Co-pilot use cases; Improve procedures implemented, document manual processes and work with relevant parties to reduce/eliminate.
• Assist with system implementation and testing as needed.

Qualifications

• Bachelor's or higher degree in Accounting, Finance, or related business field preferred.
• Minimum 5 years Fund Accounting/Portfolio Administration experience. CPA and/or Audit experience a plus.
• Advanced Excel skills preferred, experience/interest in exploring AI/Co-pilot a plus, Power BI experience would be a benefit.
• Previous experience with Aladdin would be a benefit.
• Effective, results oriented team player with strong interpersonal skills; possess very strong organizational and analytical skills; must be very detail oriented.
• Ability to handle high volumes of work under tight deadlines while maintaining accuracy.

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