Managing Director, Global Head of Audit

Managing Director, Global Head of AuditAt 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.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 SummaryThe Global Head of Audit at Barings is a pivotal leader responsible for driving the firm's strategic audit initiatives and ensuring robust risk management across all business lines and Barings subsidiaries. This role supports Barings' multi-year strategy to grow the business, enhance profitability, and deliver superior customer outcomes, while maintaining operational effectiveness and efficiency. Independence is essential, and this role will have an administrative reporting line to the Chief Administrative Officer and direct accountability to the General Auditor of MassMutual, who reports to the Audit Committee of Barings' parent entity.Expected ImpactEnhance Barings' management of risk and controls and support operational efficiency.Ensure compliance with regulatory requirements and internal policies.Foster a culture of integrity, transparency, and continuous improvement.Support Barings' strategic objectives and long-term vision.Primary ResponsibilitiesStrategic Leadership Develop and execute a risk-based annual audit plan, approved by the Audit Committee.Collaborate with senior management, the Barings Audit Committee, and affiliate teams to set the strategic direction for the Internal Audit function.Design multi-year audit programs focused on financial, operational, and IT risks, recommending effective mitigation strategies.Report risk and control issues directly to senior management and the Audit Committee, providing clear directional and thematic feedback, as well as recommendations for improvement.Audit Execution Oversee the execution of audits, proactively identifying and responding to emerging risks.Conduct timely risk assessments and maintain the audit universe for all auditable entities.Independently evaluate controls and ensure compliance with policies, procedures, and regulations across all functions, including investments, IT, operations, credit, and finance.Review audit reports for accuracy, relevance, and clarity; ensure findings and recommendations are actionable.Monitor, track, and validate remediation of audit findings to ensure timely and effective resolution.Team Development Lead, mentor, and develop a team of audit professionals, fostering career growth and skill enhancement.Ensure effective resourcing of the audit function, including oversight of internal staff and external partners.Manage relationships with external resources and co-source partners.Audit Operations Experience leading teams through technological enhancement, such as increased use of data analytics and Gen AI.Ensuring the Internal Audit functions' adherence to global and regional audit standards and requirements.Maintain confidentiality and protect sensitive information within the audit function.Lead quality assurance and improvement processes in alignment with affiliate practices and Institute of Internal Auditors standards.QualificationsExtensive experience in the Asset Management industry is strongly preferred.Extensive experience implementing an integrated internal audit frameworks across all business lines, functions, and shared services.Proven track record in establishing audit committee structures and governance protocols that enable enterprise-wide assurance, including experience reporting to and/or chairing Audit Committees comprised of executive management and Board members.Deep understanding of regulatory requirements relevant to internal audit.Expertise in effective communication with Boards of Directors, executive leadership teams, and other key stakeholders.Strong knowledge of global markets and financial instruments, with the ability to evaluate the effectiveness of risk management, controls, and governance processes.Key CompetenciesIndependence: Maintains objectivity and autonomy from day-to-day operations.Business Acumen: Demonstrates deep industry knowledge and sound judgment.Collaboration: Builds strong relationships across functions, subsidiaries, and affiliates.Integrity: Upholds the highest ethical standards and delivers difficult news when necessary.Leadership: Proactively develops team members and drives continuous improvement.Barings is an Equal Employment Opportunity employer; we welcome all persons to apply.Barings offers a comprehensive benefits package including:Medical (including Virtual Care), Prescription, Dental, and Vision CoverageFitness Center Reimbursement Program (Including Online Memberships)Employee Assistance Program (EAP)Fertility BenefitsHighly competitive 401(k) Plan with Company MatchHealth Savings Account (HSA) with Company ContributionsFlexible Spending Accounts (FSA) - Health Care & Dependent CareRetirement Health Reimbursement AccountBasic and Supplemental Life InsuranceSpouse and Child Life InsurancePaid Vacation, Sick Days and Annual HolidaysPaid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)Short and Long Term Disability PlansPaid Volunteer TimeEducation Assistance ProgramCharitable Matching Gifts ProgramCommuter Reimbursement ProgramAdoption and Surrogacy Reimbursement Program