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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: Guideline Management - Associate Director
Business Unit: Compliance
Location: London, UK
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
- Accurately code and implement investment restrictions into the compliance system Aladdin.
- Liaise with stakeholders including portfolio managers, product management, client onboarding, legal & compliance, to ensure that investment guidelines are clearly understood when reviewing drafts and executed documentation.
- Lead initiatives to ensure accuracy and efficient coding of rules through testing and reviewing restrictions with the aim to reduce manual processes.
- Assist in monitoring investment guidelines on a pre and post-trade basis in Aladdin and internal systems. Monitoring will cover products including, but not limited to: corporate fixed income, public equity, bank loans, private placements, mezzanine debt, real estate and structured products.
- Escalate potential breaches of regulatory and client investment restrictions promptly and within any stipulated deadlines to Management, Portfolio Management, Client Services and other relevant stakeholders.
- Provide guidance to business units on relevant investment compliance issues. Resolve and/or recommend to management solutions to investment guideline compliance related issues.
- Assist with regulatory examinations and other internal audits as appropriate.
- Participate in other department or corporate projects as requested.
Qualifications
- Graduate with minimum of 5 years' asset management experience [Compliance or Middle Office PM assistants].
- Minimum 3-5 years' guideline management experience. Aladdin experience is preferable however knowledge of other OMS/ Compliance systems will be considered, such as Bloomberg AIM, Charles River, Sentinel & thinkFolio.
- Understanding of EU Regulation particularly UCITS & AIFMD in addition to US regulations, particularly 1940 Act; ERISA and US State Sector rules.
- Confident in interpreting prospectuses and IMA’s to identify relevant guidelines and applicable regulations.
- Understanding of ESG data vendors, such as MSCI ESG and its uses in investment guideline monitoring.
- Effective, results orientated team player with strong interpersonal skills; possess very strong organizational and analytical skills; must be very detail oriented.
- Ability to handle high volumes of work under tight deadlines while maintaining accuracy and minimizing risk.
- 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.
- Understanding of indices and derivative instruments; knowledge of how these can be used in portfolios.
- Good communicator who has previous daily engagement with investment teams.
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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.
