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Barings

Treasury Operations, Private Credit- Fund Finance

Posted 13 Days Ago
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In-Office
Charlotte, NC, USA
Senior level
In-Office
Charlotte, NC, USA
Senior level
Supports daily administration and oversight of fund finance borrowing bases across debt facilities. Responsibilities include preparing lender deliverables, reviewing credit agreements, monitoring covenants and indebtedness, validating fees and expenses, maintaining reporting calendars, resolving deficiencies, supporting facility negotiations, recording collateral and transaction data, and coordinating with capital markets, legal, liquidity management, and fund control teams.
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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: Treasury Operations, Private Credit- Fund Finance

Business Unit: Treasury

Location: Charlotte, NC


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

Treasury is seeking a highly motivated Associate or Senior Associate to assist in the daily administration, oversight, and operational execution of fund finance facility borrowing bases. This individual will be responsible for a pool of debt facilities and their associated deliverables. The role will involve working closely with our capital markets, liquidity management, fund controller, and legal teams. This role supports borrowing base preparation and submission, lender-agent reporting, facility expense management, credit agreement review, covenant monitoring, and coordination with internal stakeholders to ensure timely, accurate, and compliant facility operations.


Primary Responsibilities

  • Construct and submit daily borrowing bases and related lender-agent deliverables for facility principal transactions, distributions, facility expenses, and monthly reporting requirements
  • Review facility credit agreements and document/understand key operational terms, including principal transactions, interest and unused fee mechanics, fund financial reporting, monthly facility reporting, covenant compliance, events of default, cure processes and grace periods, and value adjustment event triggers and procedures
  • Monitor the loan list pipeline and identify transactions that may conflict with sales and substitution restrictions as governed in applicable facility credit agreements
  • Monitor total fund indebtedness and support ongoing compliance with facility and AUM limits
  • Review lender-agent interest and unused fee invoices, closing and amendment-related legal fees, and related facility expenses for accuracy; coordinate timely settlement and maintain accurate, up-to-date expense records for assigned facilities
  • Maintain the fund debt reporting calendar and ensure timely execution of all related deliverables
  • Support remediation of borrowing base deficiencies and facility agreement defaults, including coordination of required follow-up actions and related documentation
  • Partner with the Capital Markets team on the fund finance pipeline to review and provide operational input on draft facility agreements, advocating for terms that streamline day-to-day deliverables, reporting requirements, and ongoing facility administration
  • Confirm receipt of collateral approvals by the agent bank and record at-close metrics and loan classifications
  • Record principal transactions in eFront and maintain accurate transaction records in accordance with established processes

 

Qualifications

  • Bachelor’s degree in finance, business administration, or accounting preferred
  • Minimum 2-4 years of related asset management or banking experience
  • Demonstrate a strong understanding of private fund finance debt facilities including, but not limited to, asset-based lending/leverage, subscription, revolver & swingline, uncommitted, and intercompany
  • Proficiency with complex excel models and formulas
  • Must be self-motivated and possess the skills to successfully interact with and negotiate with internal professionals, including management
  • Knowledge of credit agreements and the ability to independently evaluate key terms for borrowing base application
  • Work independently, apply sound judgment, and think critically to resolve issues effectively
  • Exhibit ongoing commitment to continuous learning and self- improvement
  • Demonstrate exceptional attention to detail and accuracy in all deliverables

#LI-JS1

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.

Barings offers a comprehensive benefits package including:

CORE BENEFITS & WELLNESS

  • Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
  • Fitness Center Reimbursement Program (Including Online Memberships)
  • Employee Assistance Program (EAP)
  • Fertility Benefits

FINANCIAL WELL-BEING

  • Highly competitive 401(k) Plan with Company Match
  • Health Savings Account (HSA) with Company Contributions
  • Flexible Spending Accounts (FSA) - Health Care & Dependent Care
  • Retirement Health Reimbursement Account

LIFE INSURANCE

  • Basic and Supplemental Life Insurance
  • Spouse and Child Life Insurance

TIME OFF, DISABILITY AND LEAVE OF ABSENCE

  • Paid Vacation, Sick Days and Annual Holidays
  • Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
  • Short and Long Term Disability Plans
  • Paid Volunteer Time

 OTHER BENEFITS

  • Education Assistance Program
  • Charitable Matching Gifts Program
  • Commuter Reimbursement Program
  • Adoption and Surrogacy Reimbursement Program
HQ

Barings Charlotte, North Carolina, USA Office

300 S Tryon St, Charlotte, NC, United States

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