Director - Barings Portfolio Finance Barings Boston, ...
Savvy, Inc. - Boston, MA
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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.Job title:Director - Barings Portfolio FinanceDepartment:Portfolio FinanceLocation:Boston (Fan Pier)Barings is a $420+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities, and employees, and is committed to sustainable practices and responsible investment. Learn more, at OpportunityThis Director role will be responsible for the evaluation, diligence and investment thesis, and on-going monitoring of a portfolio of fund finance investments, including private debt, made by Barings' Portfolio Finance team. Portfolio Finance originates customized, proprietary senior secured loans to major asset managers across a wide range of asset classes. These loans are highly negotiated and often involve complex structuring across various global jurisdictions. The Portfolio Finance team has originated over $40 billion in private investments since 2017 and transitioned to Barings from MassMutual (Barings' parent company) in 2024.The TeamThe team is small, close-knit, and highly collaborative. The Director will be a critical full-time member of the team. Team members are motivated by a shared goal to originate attractive investment opportunities for MassMutual's GIA and third-party clients. The Director will support all aspects of the Portfolio Finance platform, including working closely with portfolio managers, investment analysts, structuring leads, other team members across Barings as well as external partners, including legal counsel.The ImpactThe Director will provide a driving role in the structuring, underwriting, approval, closing, and ongoing monitoring of complex transactions that generate attractive risk-adjusted returns for all clients while addressing the unique financing needs of our borrowers, who are typically world-class alternative investment managers or specialty finance companies. Although this position does not have direct reports, the Director will provide coaching, feedback, and leadership to junior members of the team.The Minimum QualificationsBachelor's degree from a top university with ideally five (5) years of relevant experience in: investment banking, private equity, credit hedge fund, private credit, or other alternative investment experiencePassion in finance / investments, with a strong understanding of accounting principlesComfortable working with and making investment decisions using concepts of leverage in a corporate debt context (e.g., Debt / EBITDA) and in a real estate debt context (e.g., LTV, DSCR, Debt Yield)Deep understanding of the roles, responsibilities and motivations of the primary participants in the investment management ecosystemExcellent communication skills, both written and oral, to succeed in a fast-paced, team environmentAbility to conduct initial and on-going research, analysis and due diligence of various asset classes and understand the risks associated with eachDemonstrate strong analytical and problem-solving skills, attention to detail, and ability to multitask and deliver work products on short timeframesAbility to work closely with portfolio managers and senior managementAbility and openness to understanding operational, accounting, and legal aspects of investmentsStrong computer skills including experience with financial applications including proficiency in Microsoft Office (Excel, Power Point and Word)The Ideal QualificationsSignificant professional experience working on complex negotiated transactionsExperience working with at least one alternative asset class and a good understanding of the risks and operations of others across the alternative investment landscapeComfort negotiating legal documents, including having a good understanding of what is appropriate in each transactionDeal underwriting and execution experience, including assisting the negotiation of financing terms; drafting, negotiation, and review of transaction documentation; preparation of investment approval documentation and working with operations and on-boarding teams to structure around each transaction's unique implementation issues and reportingBarings 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 IncludingCORE BENEFITS & WELLNESSMedical (including Virtual Care), Prescription, Dental, and Vision CoverageFitness Center Reimbursement Program (Including Online Memberships)Employee Assistance Program (EAP)Fertility BenefitsFINANCIAL WELL-BEINGHighly competitive 401(k) Plan with Company MatchHealth Savings Account (HSA) with Company ContributionsFlexible Spending Accounts (FSA) - Health Care & Dependent CareRetirement Health Reimbursement AccountLIFE INSURANCEBasic and Supplemental Life InsuranceSpouse and Child Life InsuranceTIME OFF, DISABILITY AND LEAVE OF ABSENCEPaid Vacation, Sick Days and Annual HolidaysPaid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)Short and Long Term Disability PlansPaid Volunteer TimeOther BenefitsEducation Assistance ProgramCharitable Matching Gifts ProgramCommuter Reimbursement ProgramAdoption and Surrogacy Reimbursement Program#J-18808-Ljbffr
Created: 2025-02-22