13 Oct
Barings
London
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 : Portfolio Oversight and Management Support 6 month Fixed-Term Contract
Business Title : Associate
Location : London
Job Summary
Barings’ Global Public Delivery team operationally oversees all public accounts managed by Barings ( $406bn* in AUM) and has an opening for a motivated individual who would like to join our innovative team of financial professionals.
As at March 2024
Primary Responsibilities
The candidate will be required to support the following core processes :
Portfolio Oversight and Fund Accounting :
Supporting the Global High Yield team within Global Public Delivery in order to meet their main responsibilities including :
Responsibility assisting the team for a number of various open ended funds (QIAIF and UCITs), and separately managed accounts, from a global perspective, including daily oversight, ensuring daily / monthly / NAVs are sent out on time, co-ordinating internal resources to correspond / reconcile external third party information and the subsequent reporting packages including manager reports, and various ad-hoc external and internal requests.
General support for traders and portfolio managers, cash management oversight and operational issue resolution
Maintaining awareness of client mandates,
portfolio governing documents and regulatory restrictions
Coordinating and processing instruction for payment of fund expenses
Additional responsibilities to include :
Liaising with internal stakeholders (Portfolio Managers, Analysts, Business Development in both UK and US for investment and operational queries)
Liaising extensively with the third party administrators & other service providers
Further interactions with Product Structuring, Investment and Legal teams on fund queries, budgeting, and expense monitoring.
Understanding and interpretation of legal documentation including prospectus, investment guidelines, IMA, Credit and other third party agreements.
Assist with the team’s framework of monthly and quarterly processes / controls as appropriate
Develop the ongoing implementation of standard Barings global operating processes and procedures across the firm and identifying improvements and effecting change where needed.
Qualifications
Graduate in economics, finance or mathematics or equivalent.
Proactive and ability to think outside the box and see the bigger picture focusing on not only BAU but also process enhancements
Ability to develop and maintain relationships with key internal Barings stakeholders including direct exposure to other business lines e.
g. Portfolio Managers, Sales, Legal, Compliance, Corporate functions across the organisation, both in Europe and US,
as well as supporting effective external working relationships through timely communications with a range of related third parties e.
g. TPAs, auditors, investors.
Experience of analysing and providing query resolutions e.g. performing deep dives into returns and valuation movements
Clear communicator, both verbally and written for both internal audiences and external clients as well as ability to work to tight deadlines and flexible to meet workload;
Numerate with high attention to detail, accounting experience required as well as advanced Excel skills.
Previous experience with Aladdin and PowerBI would be a benefit.
LI-JB1
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.
▶️ Portfolio Oversight and Management Support – 6 month Fixed-Term Contract
🖊️ Barings
📍 London