Associate Director, Structuring Lead

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Title:

Associate Director/ Director, Structuring Lead

Business Unit:
Barings Portfolio Finance

Location:

Boston, MA

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 Mass Mutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe, and Asia Pacific.

The Structuring Lead role will lead and support structuring, execution, and operational design of financing structures for Barings Portfolio Finance. Borrowers are blue chip private markets managers and their portfolios of Private Equity, Credit, Real Estate and Infrastructure investments. In the role the Structuring Lead will support all stages of transactions from initial structure, through the legal documentation process and ongoing maintenance of facilities.

The role will include (i) working alongside the Investment team to both challenge and provide ideas on the most robust and commercially viable financing solutions, (ii) deep involvement with legal negotiations, and (iii) driving strategic projects. Building relationships with a wide range of stakeholders will be key as the Structuring Leads guidance must synthesize solutions using input from the internal team, external legal counsel, administrative agents, other lenders and the borrower.

• Be expected to serve as a key resource on the deal team of lending projects, including the drafting, negotiation and review of transaction documentation, working with Baring’s investment, operations and on-boarding teams to document, structure and operationalize each transaction’s unique implementation issues and negotiating and documenting Barings expectations with borrowers as well as outside service providers.
• The Structuring Lead will be expected to bring their strong industry knowledge and connections to build relationships with Barings’ borrowers, co-lenders and service providers as well as to leverage their network within the alternative investments market to improve the operational efficiency, risk management and positioning of the program in the market.
• Demonstrate mastery of strong investment operational, analytical, modeling and real-time problem-solving skills to serve as a critical resource helping the investment team to operationalize the investment goals of a given investment, creating situation-specific operational and servicing solutions based upon the target collateral and negotiated financing structure, and to understand and optimize the roles of our various partners post-close to facilitate ongoing operational excellence and risk monitoring of facilities and other program investments, particularly as applied to complex structures (ABL secured lending, CFOs / Rated Feeders, PE Nav, Secondaries, GP Facilities and other specialized structures) and jurisdictions (including not only standard Delaware structures but also lending constructs used in the UK, Cayman Islands, Luxembourg, Jersey and Guernsey, Ireland and Scotland).
• Create and oversee ongoing calendar of scheduled and ad hoc deliverables for each facility and for the group, including tracking of Barings‘ borrower and service provider KPIs. Ensure that these are implemented by the operations and investment teams and coordinate periodic reviews with borrowers and external partners for each loan facility.
• Need to identify the key structural, operational and risk factors present in a new credit facility and synthesize operations, reporting and monitoring procedures to best address and mitigate these factors. This role is expected to identify the risks associated with the borrowers’ respective businesses and in the lending structure in particular and be able to clearly articulate strategies to minimize and manage these risks in internal operational procedures and discussions as…