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: Senior Associate, Core Compliance
Business Unit: Compliance
Location: London, UK
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
Working with the Head of Core Compliance and other team members, this position is responsible for facilitating the tasks of the Core Compliance team. This includes the administration of Barings’ Financial Crime Prevention Programme as well as administration of the Code of Ethics and various other conflicts of interest policies such as the firm’s outside business activities, gifts and entertainment as well as handling other regulatory oversight and initiatives as part of the thematic review and assessment programme. The incumbent regularly reviews processes and suggests improvements.
Primary Responsibilities
Support the operation of the Financial Crime Prevention Programme
- Conduct Customer Due Diligence (CDD) activities, including Know Your Customer (KYC) and Know Your Asset (KYA) due diligence reviews
- Conduct electronic screening of customers and counterparties for sanctions and negative media
- Support financial crime oversight and reviews of third-party administrators
- Support financial crime risk assessment processes
- Support relevant regulatory reporting processes
- Stay abreast of business and regulatory changes to continually consider and suggest improvements to the financial crime prevention programme
Support Code of Ethics
- Thoroughly understand the Code of Ethics and the automated personal trading system
- Handle complex personal trading issues
- Identify best practices and other potential Code enhancements
- Participate in upgrades to automated personal trading system
- Perform expanded forensic testing of Code
Assist with other Core Compliance Team deliverables, including:
- Assessing and overseeing Conflicts of Interest
- Review and approval of gifts and entertainment
- Review and approval of outside business activities
- Support the Global Thematic Review and Assessment Programme Preparation of and input to Client and Board/Governance Reporting
- Books and records requirements
- Maintenance and review of policies and procedures
- Preparation and delivery of training
- Technology initiatives
Qualifications
- Minimum 5-7 years asset management compliance experience required with a strong understanding and familiarity with Codes of Ethics and other conflicts of interest polices.
- Excellent verbal, written and interpersonal skills and the ability to communicate clearly with associates at all levels of the corporation.
- Strong work ethic; results-based, action oriented. Drives for business results; proven ability to deliver.
- Ability to work independently as well as collaboratively to achieve results, prioritize, and manage expectations.
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Requisite Skills
Additional Skills
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.
