Associate Director, Loan Agency Administration

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:
Bank Loan Operations Agency

Location:

Chicago, IL or 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 Mass Mutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe, and Asia Pacific.

Barings is seeking a seasoned commercial lending operations professional to join our Loan Agency Administrative Team, providing administrative support to the investment team by managing the closing, funding, and servicing activity of the Global Private Finance loan portfolio. This position can be located in our Chicago, IL or Charlotte, NC office.

• Oversight and management of closing/funding process for new deals, restructures, and amendments.
• Work with internal teammates and external vendors on the set-up and processing of agented bank loan transactions.
• Review and interpret credit agreements and related loan documentation to ensure that the set-up of deal and borrower level information is captured accurately by third-party agency services providers.
• Oversee the loan portfolio’s ongoing loan servicing activities including the loan drawdown funding, billing, and repayment processes in conjunction with internal stakeholders and third-party vendors.
• Follow and enforce established controls and suggest new ones as products and team processes evolve to support a growing private credit business.
• Oversee transfer requests between multiple private fund investment vehicles and ensure internal allocations align with the agent’s books.
• Validate that deal set-up changes have been made in a timely and accurate manner by our third-party service providers.
• Assist in monitoring overall vendor performance and flag issues to leadership as needed.
• Review borrower invoices for accuracy. Ensure that preparation, distribution and tracking of invoices is complete.
• Provide requested documentation for the completion of annual audits as needed.
• Work on special projects upon request.

• 4 years’ experience in commercial lending in loan closing, booking and/or servicing functions preferably in Agency Services.
• Bachelor’s degree in finance, accounting or related fields and/or equivalent combination of education and industry experience
• Ability to multi-task and adapt to changing circumstances and adjust priorities as needed in a deadline driven environment while maintaining careful attention to detail and accuracy.
• Excellent attention to detail, taking individual responsibility for quality and accuracy.
• Works well independently as well as in a team environment.
• Excellent communication and interpersonal skills with the ability to liaise effectively with internal and external counterparts and stakeholders.
• Can-do attitude: resilient with the ability to remain calm when under pressure.
• Takes ownership and responsibility for tasks; follows through to completion.
• Highly organized.
• Demonstrated initiative for problem solving with a focus on providing an excellent customer experience.

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.

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