Associate Director, Portfolio Compliance

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.

Please make sure you read the following details carefully before making any applications.

We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.

Title : Associate Director, Portfolio Compliance

Business Unit : Compliance

Location : Charlotte, NC; Boston, MA; New York, NY; Chicago, IL

Job Summary

This position is responsible for assisting in the maintenance and development of a comprehensive, enterprise-wide investment guideline monitoring program for the firm’s client accounts and products.

Position is responsible for assisting in the assessment of the firm’s guideline monitoring risks and identifying breaches to prescribed policies.

Requires the use of policies, procedures, and manual and automated systems to mitigate these risks and comply with stated client investment restrictions, product mandates and regulatory thresholds.

This is a visible position within the organization, often interacting with members of the firm’s Portfolio Management, Trading, Legal, Compliance, Risk, and Client Services teams.

Primary Responsibilities

• Must successfully monitor investment guidelines for products including, but not limited to : corporate fixed income, public equity, bank loans, private placements, mezzanine debt, real estate, structured products.
• Construct and maintain pre- and post-trade controls designed to avoid / identify breaches to client & regulatory guidelines.
• Assist with ad-hoc investment guideline coding amendments.
• Provide guidance to business units and compliance staff on relevant investment compliance issues. Resolve and / or recommend to management solutions to investment compliance related issues.
• Remain current with regulatory matters related to the industry generally and investment compliance specifically. Advise management of significant developments.
• Assist with regulatory examinations and other internal audits as appropriate.
• Participate in other department or corporate projects as requested.

Qualifications

• Graduate with minimum of 3-5 years’ asset management experience
• Minimum 3 years’ guideline management experience
• Proficiency in monitoring trading and coding in BlackRock’s Aladdin preferred, or other Portfolio Compliance systems (Charles River, Bloomberg AIM, Sentinel etc.)
• Understanding of US regulations, particularly 1940 Act; ERISA and US State Sector rules
• Experience working with regulatory agencies (e.g., SEC, FINRA, FCA) and / or a corporate audit environment a plus
• Effective, results orientated team player with strong interpersonal skills; possess very strong organizational and analytical skills;

must be very detail oriented

• Strong ability to comprehend highly technical regulatory requirements
• Strong Excel experience also a plus
• Good working knowledge of order generation and dealing process / risk control
• Reading Prospectuses and segregated mandates to identify relevant guidelines and applicable regulations; and implementing automated controls and supplemental manual checks for non-programmable guidelines
• Understanding of EU regulations, particularly UCITS & AIFMD
• Understanding of indices and derivative instruments; knowledge of how these can be used in portfolios
• Ability to handle high volumes of work under tight deadlines while maintaining accuracy and minimizing risk
• Good communicator who has previous daily engagement with investment teams

Base Salary Range : $65,000- $140,000

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

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