Associate Director, Loan Agency Administration

Barings LLC
Charlotte, NC Full Time
POSTED ON 3/6/2024 CLOSED ON 3/30/2024

Job Posting for Associate Director, Loan Agency Administration at Barings LLC

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. Title: Associate Director, Loan Agency Administration Business Unit: Global Client Operations Location: Charlotte, NC Barings is a leading global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe and Asia Pacific. Job Summary Barings is seeking a seasoned Bank Loan Services professional to work in our Loan Administration and Specialty Operations team. This position will be located in our Charlotte, NC office and reports to the Director of US Data Management. Primary Responsibilities This position is responsible for administration and servicing of managed assets (primarily bank loans and similar products), including but not limited to: Support and monitoring of cash and collateral accounts for which Barings serves as Administrative Agent Coordination of information flow between internal Barings processes and third-party service providers. Pro-active management of client and lender notifications, insuring accurate and timely delivery of information Preparation, processing and distribution of invoices for fees and receivables Accurate reconciliation of accounts to insure movement and availability of funds in an acceptable time-frame Support the set-up and processing of distressed debt restructure transactions Comfortable reviewing and interpreting bank loan related legal documentation to insure proper set-up and maintenance of serviced assets Experience with rating agency terminology Qualifications 4 years’ experience in loan administration and servicing, preferably in Agency Services Minimum of Bachelor’s Degree required Ability to multi-task and handle shifting priorities Excellent attention to detail Strong verbal and written communication skills Can-do attitude; resilient with the ability to remain calm when under pressure Takes ownership and responsibility for tasks Highly organized Demonstrated initiative in solving internal and external customer problems #LI-JS1 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 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.
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Salary.com Estimation for Associate Director, Loan Agency Administration in Charlotte, NC
$111,763 to $160,848
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