US Funds Legal – Wealth Distribution Funds Lawyer

Barings LLC; Charlotte (NC); On-site; USD 150,000 - 210,000; Full time

Benefits offered by this job

Medical coverage

Prescription coverage

Dental coverage

Vision coverage

Fitness center reimbursement

Employee assistance program

Fertility benefits

401(k) plan with company match

Health Savings Account (HSA)

Flexible Spending Accounts (FSA)

Retirement health reimb. account

Life insurance

Paid time off

Volunteer time off

Job summary

Barings LLC in Charlotte, NC or New York, NY seeks a US Funds Legal professional to support wealth distribution funds, fund formation, and capital raising activities for wealth clients. The role focuses on fund structuring, investor negotiating and regulatory matters across asset classes.

The successful candidate will join Barings’ Funds Legal Team at Barings' headquarters in Charlotte or NY office, working with product management, compliance and tax to deliver compliant, market-ready wealth

Qualifications

• 6+ years of experience at a law firm or asset manager.
• Experience with legal/regulatory aspects of marketing, distributing and onboarding wealth clients into funds.
• Experience with wealth fund structures and related tax/regulatory implications.
• Strong analytical skills and experience in drafting fund documentation.
• Strong negotiation skills, attention to detail, and ability to handle complex structures.
• Team-oriented with interpersonal and communication skills, able to work independently.

Responsibilities

• Collaborate with Product Management, Client Group, Compliance and Tax to structure and launch wealth products.
• Provide internal legal advice for new and existing Barings investment funds for wealth clients.
• Support capital raising and distribution across asset classes including private credit, real estate debt and equity, private equity, capital solutions, portfolio financing and public fixed income.
• Advise on fund distribution arrangements, intermediary terms and placement agent agreements.
• Manage legal elements of new wealth projects with outside counsel and internal teams on fund documentation and marketing.
• Manage relationships with external counsel to maximize effectiveness of external advice.
• Create and document internal processes and decision making for fund-raising activities.

Skills

6+ years of experience

Wealth fund experience

Fund documentation drafting

Strong negotiation skills

Analytical skills

Team player

Independent / autonomous work

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: US Funds Legal – Wealth Distribution Funds Lawyer

Department: Legal

Location: Charlotte, NC or New York, NY

The Position

The Barings’ Funds Legal Team is seeking a new team member supporting Barings fund distribution, fund formation, and capital raising activities, particularly from a wealth perspective, across investment vehicles for all asset classes. The successful candidate will provide legal assistance on fund structuring, design, and maintenance, investor negotiation, distribution and marketing, and other legal and regulatory matters related to such funds. This role will be located at the firm’s headquarters in Charlotte, NC or the firm’s New York, NY office.

The Team

The Barings Global Legal mission is to serve as a trusted advisor to manage and mitigate legal risk for the company and partner with our clients to support legal needs. The Funds Legal Team works closely with and acts as a trusted and strategic advisor to other teams across Barings’ global platform.

Primary Responsibilities

• Collaborate with Product Management, Client Group, Compliance and Tax to structure and launch wealth products.


• Provide internal legal advice for new and existing Barings investment funds to be distributed to wealth clients including a variety of closed and open-ended fund structures such as white label feeder funds, interval funds and third-party distribution platforms & access funds.


• Support capital raising and distribution activities across all asset classes including private credit, real estate debt and equity, private equity, capital solutions, portfolio finance and public fixed income.


• Advise on fund distribution arrangements, intermediary terms and placement agent agreements.


• Manage legal elements of new wealth projects including working with outside counsel and internal teams on preparation of fund documentation, distribution and marketing, and support the integration of these funds into wealth management and digital platforms.


• Manage relationships with external counsel to maximize effectiveness and efficiency of external advice and assistance.


• Create and document internal processes and decision making with regard to these fund raising activities.

Qualifications

• 6+ years of relevant experience at law firm or asset manager.


• Experience in the legal and regulatory frameworks of marketing, distributing and onboarding wealth clients into investment funds.


• Experience working on a variety of wealth fund structures as well as the relevant tax and regulatory implications of such structures.


• Strong analytical skills and experience in drafting fund documentation.


• Strong negotiation skills, attention to detail, and ability to work through complex issues and structures.


• Team oriented with strong interpersonal and communication skills but with the ability to work independently and drive results and completion of projects.


• Ability to adapt to evolving and growing business and confidence to go beyond existing areas of expertise and work in new areas of law.

Additional Skills

#LI-ME1

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.

Benefits

• Medical (including Virtual Care), Prescription, Dental, and Vision Coverage


• Fitness Center Reimbursement Program (Including Online Memberships)


• Employee Assistance Program (EAP)


• Fertility Benefits


• 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

Company Overview

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.