US Funds Legal – Wealth Distribution Funds Lawyer

Barings; Charlotte (NC); On-site; USD 190,000 - 230,000; Full time

Benefits offered by this job

Medical coverage

401(k) with match

Fertility benefits

Paid time off

Commuter program

Education assistance

Job summary

Barings is seeking a seasoned Funds Legal professional to support wealth distribution funds, fund formation, and capital raising across asset classes. The role can be based in Charlotte, NC or New York, NY and requires close collaboration with Product Management, Client Group, Compliance and Tax.

The successful candidate will draft fund documentation, advise on distribution arrangements, and manage external counsel to ensure timely fund launches and effective marketing for wealth-focused funds.

Qualifications

• 6+ years of relevant experience at a law firm or asset manager.
• Experience in marketing, distributing and onboarding wealth clients into investment funds.
• Experience with wealth fund structures and related tax/regulatory implications.
• Strong drafting and negotiation abilities for fund documents.
• Ability to work with cross-functional teams and deliver results.

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.
• Support capital raising and distribution activities across asset classes.
• Advise on fund distribution arrangements and placement agent agreements.
• Manage legal elements of wealth projects and coordinate with outside counsel.
• Maintain documentation and processes for fund-raising activities.

Skills

Fund distribution

Negotiation

Legal drafting

Analytical skills

Team player

Independent

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.

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 & WELL-BEING

• 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