At a Glance
- Tasks: Support loan activities and manage complex portfolio loans from start to finish.
- Company: Join Barings, a leading global financial services firm with a collaborative culture.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Dynamic team with opportunities for growth and learning.
- Why this job: Make an impact in the finance world while building valuable relationships.
- Qualifications: Degree in Finance or related field and 3+ years of relevant experience.
The predicted salary is between 55000 - 65000 £ per year.
At Barings, we are as invested in our associates as we are in our clients. We recognise 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.
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: Responsible for supporting the loan activities of complex portfolio level loan facilities through the loan lifecycle.
Team Overview: Barings Portfolio Finance provides customised, complex, highly negotiated, proprietary secured loans to private asset managers and manages the entire loan lifecycle. As a member of Portfolio Finance’s loan asset management team you will support the investment team, borrowers, and external stakeholders – from origination to offboarding.
Primary Responsibilities:
- Assist with loan activities at closing and onboarding of new loan facilities including review of credit agreements, loan & servicing agreements, amendments, account control agreements, and closing/settlement statements in relation to Loan Asset Management functions and best practices.
- On-going servicing and other administration functions on serviced loans including compliance and covenant monitoring.
- Utilise financial models to record collateral data, test compliance metrics, and calculate waterfalls.
- Support treasury & investment operations activities through cash and reporting reconciliations.
- Ensure deliverables are managed to a high standard and within timelines.
Qualifications:
- Degree in Business, Finance, related field or equivalent.
- 3+ years of relevant investment operations/support experience preferably with investing or servicing private equity, private real estate, or private credit and lending documents.
- Ability to develop credibility and build relationships with all internal and external stakeholders and partners.
- Excellent attention to detail.
- Demonstrate exceptional project/time management, coordination, and organisational skills.
- Excellent communication and interpersonal skills.
- Moderate to Advanced use of Excel and proficient use of Microsoft Office Suite.
Requisite Skills: Legal Documents, Relationship Building, Sharp Attention to Detail, Team Working, Time Management.
Additional Skills: Deal Closing, Microsoft Excel, Project Management.
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.
Loan Asset Management - Associate/Senior Associate employer: Barings LLC
Contact Detail:
Barings LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loan Asset Management - Associate/Senior Associate
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant LinkedIn groups, and don’t be shy about reaching out to current employees at Barings. A friendly chat can sometimes lead to job opportunities that aren’t even advertised.
✨Ace the Interview
Prepare for your interview by researching Barings and understanding their loan asset management processes. Think of questions you can ask that show your interest and knowledge. Remember, it’s a two-way street – they want to know if you’re a good fit just as much as you do!
✨Showcase Your Skills
When you get the chance, highlight your experience with financial models and compliance monitoring. Use specific examples from your past roles to demonstrate how you’ve successfully managed similar tasks. This will help you stand out as a candidate who can hit the ground running.
✨Apply Through Our Website
Don’t forget to apply directly through the Barings website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of their team.
We think you need these skills to ace Loan Asset Management - Associate/Senior Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Loan Asset Management role. Highlight relevant experience and skills that match the job description, especially your expertise in financial models and loan servicing.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role at Barings and how your background aligns with their values and needs. Keep it concise but impactful.
Showcase Your Attention to Detail: In a role that requires sharp attention to detail, make sure your application is free from typos and errors. This reflects your commitment to quality and professionalism, which is key for us at Barings.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows your enthusiasm for joining the Barings team!
How to prepare for a job interview at Barings LLC
✨Know Your Loan Lifecycle
Familiarise yourself with the entire loan lifecycle, from origination to offboarding. Be ready to discuss how you’ve supported loan activities in previous roles and demonstrate your understanding of credit agreements and compliance monitoring.
✨Showcase Your Financial Modelling Skills
Since financial modelling is key for this role, prepare to talk about your experience with Excel and any specific models you've used. Bring examples of how you've recorded collateral data or tested compliance metrics in past positions.
✨Build Relationships
Highlight your ability to develop credibility and build relationships with stakeholders. Think of examples where you successfully collaborated with teams or external partners, and be ready to share these stories during the interview.
✨Attention to Detail is Key
Prepare to demonstrate your sharp attention to detail. You might be asked to review a sample document or identify errors in a hypothetical scenario, so practice being meticulous and thorough in your responses.