Product Development Specialist

Charlotte, USA
Nov 28, 2020
Dec 28, 2020
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Product Development and Structuring Specialist Charlotte, NC, United States/en-US/Barings/job/Charlotte--NC-United-States/Product-Structuring-Specialist_JR_002196/apply
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

Product Development and Structuring Specialist

Department: Global Product Structuring

Location: Charlotte, NC

Barings is a $346+ billion* 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.

*As of June 30, 2020

Job Summary:

Barings is expanding the Global Product Structuring team to add two US based professionals to cover the teams activities in respect of US and Cayman domiciled funds. The successful candidates will be primarily responsible for working on product development and fund structuring projects, including new fund establishment and ongoing fund product management, focused on private and institutional funds, and will report to the Head of Global Product Structuring who is based in London.

Primary Responsibilities:
  • Assisting with the product development, structuring, documentation, financial modelling and implementation of new and existing US and Cayman domiciled funds with a focus on private/illiquid asset funds and funds-of one, as well as private institutional orientated Delaware 3c7 funds and CITs
  • Review, development and negotiation of fund legal documentation for new funds and amendments of existing funds, including mergers and transition projects
  • Project management of workflows around new fund establishment updates and transitions
  • Assisting with ongoing product lifecycle of funds, including governance aspects, updates for regulatory change and other range enhancements
  • Coordination with other Barings global offices to ensure smooth running of projects with cross border aspects, including registrations and local regulatory filings
  • Financial modelling of individual transactions and fund structures including conducting appropriate sensitivity analysis
  • Working with the global team on design and establishment of currency hedging strategies in certain cases (eg currency feeders) for new US funds
  • Maintenance of technical expertise and understanding of evolving regulatory framework, proactively considering efficient responses to change requirements
  • Building strong relationships with and work alongside firms Product Specialists, Legal, Compliance, Sales, Operations, Investment, Finance and Risk teams, as well as external legal counsel, fund administrators, service providers and investors to ensure effective co-ordination across wide range of stakeholders

Knowledge Required:
  • 4+ years of relevant experience of establishing and operating US private funds
  • Practical knowledge of SEC requirements, ERISA and other technical aspects of US fund range product development and management
  • Practical experience of working with illiquid asset strategies, including private credit, real estate debt and equity, private equity
  • Accounting qualification (CA), CFA or other equivalent qualification preferred

  • Can-do mentality, commercial approach and someone who will enjoy working in a hardworking and flexible growing and evolving company environment
  • Self-starter with excellent inter-personal skills and confidence to deal with requests from all ends of the management spectrum, both internally and externally
  • Willing to support accept and implement change, and become involved in organizational improvement
  • Ability to work to tight deadlines and prioritise work according to urgency and importance
  • Highly numerate with strong attention to detail
  • Experience of reading and analysing technical legal and regulatory documentation
  • Proactive with ability to work with minimum supervision
  • Proven project management and negotiation skills
  • Clear communicator, both verbally and written for both internal audiences and external investors/counterparties
  • Advanced Excel skills
  • Excellent academic credentials

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.
Posted 2 Days AgoFull timeJR_002196
Barings is a leading global asset management firm dedicated to meeting the evolving investment and capital needs of our clients. We build lasting partnerships that leverage our distinctive expertise across traditional and alternative asset classes to deliver innovative, institutional-quality solutions and service.

Our team-driven culture is based on transparency, responsibility and putting our clients interests first. We listen to our clients to understand their needs, so that we can be a strategic advisor and long-term partner in meeting their unique investment goals. Risk management and protecting our investors capital over the long term is an essential component of our lasting partnerships.

Barings is also committed to building long-term relationships with our associates and providing opportunities and support to help them succeed. With our expanding business and global footprint, Barings offers a wealth of opportunities for associates who share our culture, values and commitment to excellence in client service.

As an organization, we believe that a diversity of perspectives and strengths is essential to meeting the evolving needs of our clients, and we are committed to attracting and retaining a talented workforce as diverse as the clients and communities that contribute to our success.