Associate Director - Fund Accounting & Client Reporting (m|f|x) London

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.

Barings’ Global Public Delivery team operationally oversees all public accounts managed by Barings (~$406bn* in AUM) and has an opening for a motivated individual who would like to join our innovative team of financial professionals.
*As at March 2024

Tasks

Portfolio Oversight and Fund Accounting:

Supporting the Global Emerging Markets and High Yield team within Global Public Delivery in order to meet their main responsibilities including:

• Full ownership and responsibility for a number of various open ended funds (QIAIF and UCITs), and  separately managed accounts, from a global perspective, including daily oversight and management of the funds, ensuring daily/monthly / NAVs are sent out on time, co-ordinating internal resources to correspond/reconcile external third party information and the subsequent reporting packages including manager reports, and various ad-hoc external and internal requests
• General support for traders and portfolio managers, cash management oversight and operational issue resolution
• Oversight of outsourced third party administrators and internal parties to ensure a high level of service. Raising service issues in an appropriate manner and following up issues to resolution
• Maintaining awareness of client mandates, portfolio governing documents and regulatory restrictions
  Coordinating and processing instruction for payment of fund expenses

Additional responsibilities to include:

• Liaising with internal stakeholders (Portfolio Managers, Analysts, Business Development in both UK and US for investment and operational queries) 
  Liaising extensively with the third party administrators & other service providers including annual site visits, KPI service level meetings 
• Further interactions with Product Structuring, Investment and Legal teams on fund queries, budgeting, and expense monitoring as well as involvement in new fund launches. Also, liaising with internal reporting and tax teams to ensure the smooth running of the year end audit and tax processes in various jurisdictions ( UK, Ireland, US), overseeing the relationship between administrator and auditor.
• Detailed understanding and interpretation of legal documentation including prospectus, investment guidelines, IMA, Credit and other third party agreements.
• Oversee and enhance the team’s framework of monthly and quarterly processes/controls as appropriate
  Preparation of monthly information on KRIs & KPI’s, in order to help senior management analyse, attribute & comment on operational performance.
  Develop the ongoing implementation of standard Barings global operating processes and procedures across the firm and identifying improvements and effecting change where needed.
• Coordinate projects and testing undertaken in accordance with agreed project timescales for initiatives within Global Public Delivery and the broader firm

Profile / Your qualification / Your personality

• Significant experience working in fund management on preferably within public fixed income, in a comparable sized organisation with similar interactions and challenges of a larger business; or a smaller size manager, with more complete ownership and looking to move to a larger, multi-asset investment manager. In all cases, the day-to-day responsibility and oversight of a number of funds
• Proactive and ability to work with minimum supervision with the essential skill to think outside the box and see the bigger picture focusing on not only BAU but also process enhancements
  Ability to develop and maintain relationships with key internal Barings stakeholders including direct exposure to other business lines e.g. Portfolio Managers, Sales, Legal, Compliance, Corporate functions across the organisation, both in Europe and US, as well as supporting effective external working relationships through timely communications with a range of related third parties e.g. TPAs, auditors, investors. 
• Significant experience of analysing and providing query resolutions e.g. performing deep dives into returns and valuation movements
  Significant experience of managing TPA relationships with a proven track record in resolving any associated operational issues e.g. KPI client service meetings, high level interactions with relationship managers etc.
  Clear communicator, both verbally and written for both internal audiences and external clients as well as ability to work to tight deadlines and flexible to meet workload; 
  Numerate with high attention to detail, accounting experience required as well as advanced Excel skills.
• Previous experience with Aladdin and PowerBI would be a benefit.

Application

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.

Share this offer on LinkedIn →

Location

20 Old Bailey, London UK-EC4M 7AN