Head of US Debt Asset Management

4 weeks ago

Boston, United States Barings Full time

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 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.

Asset Management, Barings Real Estate Debt

Title: Managing Director, Head of US Real Estate Debt Asset Management

Business Unit: Real Estate Debt

Location: Chicago, Boston, Charlotte

Job Summary

Reporting to the Head of US & European Real Estate Debt, the Head of U.S. Real Estate Debt Asset Management is responsible for managing and leading the Asset Management team and the efforts to oversee the entire loan portfolio.

Primary Responsibilities

  • Oversee the direction, organization, staffing, training and leadership development of USRE-Debt asset management staff within the business. Ensure the provision of high standards of quality and service in a consistent manner throughout the portfolio.
  • Operate as a player/coach by being directly involved in portfolio matters balanced with running and leading the team with overall responsibility for the Asset Management function.
  • Collaborate and build meaningful relationships with various internal stakeholder groups, including but not limited to: Equity Asset Management, Origination, Portfolio Management, Underwriting, Loan Servicing, Research, and Legal teams.
  • Monitor loan performance, post-closing obligations, and covenant compliance. Review operating budgets, draw requests and third-party reports.
  • Interact directly with borrowers and sponsors to provide best in class service and loan support. Protect loan positions through careful and thoughtful negotiations on portfolio related matters with borrowers. Manage customer needs with credit, risk, and return profiles.
  • Manage special situations as needed with underperforming and nonperforming loans. Lead through loan foreclosure/workout processes as needed.
  • Act as the primary relationship liaison with Barings’ outsourced loan servicer.
  • Develop an understanding of the real estate markets in which collateral assets are located, including market trends, competitive property activity, developments, and major players.
  • Review and maintain policies and procedures to optimize the debt asset management function.
  • Oversee the production of periodic asset management reports for internal portfolio management teams, third party clients, and joint venture partners.
  • Help facilitate loan closing and onboarding of new loans in transition from the Underwriting & Closing team.
  • Help retain loans by working with the Origination team to mine existing portfolio to facilitate extensions, refinancing’s, and other aspects of borrower retention.
  • Report loan performance and covenant compliance to lenders with the collaboration of capital markets for our levered loan strategies.
  • Perform financial analysis of portfolios on quarterly/annual basis for reporting and the loan valuation process.
  • Participate and vote in the USRE-Debt Investment Committee on loan modification issues.
  • Participate in prospective and existing investor meetings to present our approach to Asset Management and portfolio updates.
  • Moderate travel will be required, primarily around portfolio loan site tours as needed.

Qualifications

The successful candidate should have a strong track record in the RE Debt asset management function across the risk return spectrum with a focus on core and bridge lending of both performing and non-performing loans. The candidate will possess in-depth knowledge and exposure to real estate management, marketing, leasing, loan workouts and project management, particularly as related to the US markets in which Barings operates. The successful candidate will be a “player/coach,” demonstrating both leadership skills and a team-player reliability. Additional qualifications include:

  • A minimum of 15 years of real estate debt experience. Exposure to diverse product types is a plus (office, industrial, retail, multifamily, hotel). Third party investment management and special situations experience is a plus.
  • Excellent understanding of the strategic direction, culture, and mandate of Barings’ real estate division (and of Barings) and the ability to lead by example and communicate/model this to direct reports and field staff.
  • Demonstrated ability to manage change, render effective decisions, think conceptually, exercise flexibility, and show good judgment in assessing complex management, staffing, and business issues.
  • Exceptional presentation and communication skills, both oral and written; strong interpersonal skills.
  • Superior analytical, quantitative, and technical skills.
  • Rigorously organized and detail oriented, with the ability to multi-task.
  • Entrepreneurial and self-motivated.
  • Proven track record of building, leading, developing, and mentoring a team of customer-centric real estate professionals.

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.

#J-18808-Ljbffr

  • Lead Researcher, Multi Asset Strategist

    7 days ago

    Boston, Massachusetts, United States Wellington Management Full time

    About the RoleWe are seeking a highly skilled and experienced Lead Researcher to join our Investment Strategy & Solutions Group. As a critical member of our team, you will be responsible for facilitating a team-based process that drives asset allocation positions in our portfolios.Key Responsibilities:Generating asset class views through quantitative and...

  • Head of Risk

    2 months ago

    Boston, United States Geode Capital Management Full time

    Reporting to the Chief Operating Officer, the Head of Risk is responsible for leading the risk management function for Geode Capital Management, LLC. This role involves identifying, assessing, monitoring, managing, mitigating, and reporting of relevant risks in a structured, coordinated and consistent manner. The Head of Risk will design, develop, refine,...

  • Lead Researcher, Multi Asset

    4 weeks ago

    Boston, United States Wellington Management Company, LLP Full time

    About Us Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that...

  • Principal Opportunistic Real Assets

    3 weeks ago

    Boston, Massachusetts, United States Mercer Full time

    At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We're in the business of creating exciting and rewarding futures for our clients and their employees — whether we're designing affordable health plans, securing finances for retirement or aligning employees with workforce...

  • Tax Senior Manager

    3 days ago

    Boston, Massachusetts, United States RSM US LLP Full time

    About the RoleWe are seeking a highly experienced Tax Senior Manager to join our Asset Management team at RSM US LLP. As a key member of our Financial Services practice, you will be responsible for providing high-quality tax advice to our clients in the asset management industry.Key ResponsibilitiesLead and manage complex engagements with a focus on...

  • Head of Internal Audit

    2 weeks ago

    Boston, United States Geode Capital Management Full time

    Reporting to the President and CEO, the Head of Internal Audit is responsible for leading the internal audit function to deliver value-added audit services for Geode Capital Management, LLC. This role involves developing a risk based strategic audit plan, performing internal audits to ensure controls are well designed and operating effectively, and reporting...

  • Head of Internal Audit

    4 hours ago

    Boston, United States Geode Capital Management Full time

    Reporting to the President and CEO, the Head of Internal Audit is responsible for leading the internal audit function to deliver value-added audit services for Geode Capital Management, LLC. This role involves developing a risk based strategic audit plan, performing internal audits to ensure controls are well designed and operating effectively, and...

  • Senior Debt Management Specialist

    1 week ago

    Boston, Massachusetts, United States InsideHigherEd Full time

    Job Summary:We are seeking a highly skilled Senior Debt Management Specialist to join our team at InsideHigherEd. As a key member of our Financial Affairs department, you will be responsible for managing our debt programs and ensuring the University's financial stability.Key Responsibilities:Manage and analyze the University's debt portfolio to ensure...

  • Digital Asset

    3 weeks ago

    Boston, United States Fidelity TalentSource LLC Full time

    Job Description:RoleThe Digital Asset - Tokenization Product Manager will work on product development, management, strategy, and advocacy of Fidelity Digital Asset Management's (FDAM) digital asset investment products. This role involves creating, implementing, and overseeing the design and implementation of tokenized assets for various assets, enabling...

  • Digital Asset

    3 months ago

    Boston, United States Fidelity TalentSource LLC Full time

    Job Description:Role The Digital Asset - Tokenization Product Manager will work on product development, management, strategy, and advocacy of Fidelity Digital Asset Management's (FDAM) digital asset investment products. This role involves creating, implementing, and overseeing the design and implementation of tokenized assets for various assets, enabling...

  • US Head of Legal

    3 weeks ago

    Boston, Massachusetts, United States Servier Full time

    At Servier Pharmaceuticals, we are dedicated to bringing the promise of tomorrow to the patients we serve.We are a commercial stage, privately held pharmaceutical company, based in the U.S. Currently, we have four medicines approved in acute lymphoblastic leukemia (ALL), acute myeloid leukemia (AML), cholangiocarcinoma (CCA), and Myelodysplastic Syndrome...

  • US Head of Legal

    3 weeks ago

    Boston, United States Servier Full time

    At Servier Pharmaceuticals, we are dedicated to bringing the promise of tomorrow to the patients we serve. We are a commercial stage, privately held pharmaceutical company, based in the U.S. Currently, we have four medicines approved in acute lymphoblastic leukemia (ALL), acute myeloid leukemia (AML), cholangiocarcinoma (CCA), and Myelodysplastic Syndrome...

  • Head of Investor Relations

    2 weeks ago

    Boston, Massachusetts, United States Deerpath Capital Full time

    Company OverviewDeerpath Capital is a prominent direct lending firm that specializes in offering first lien senior debt financing to middle market enterprises. The firm is dedicated to providing debt capital for various purposes, including acquisitions, refinancings, ownership transitions, and growth capital to businesses within the U.S. lower middle market....

  • Director of Debt Management and Compliance

    3 months ago

    Boston, United States InsideHigherEd Full time

    Job no: 522613Position type: Staff Full TimeCampus: UMass President's OfficeCampus Location: Mt. IdaDepartment: UMass Building AuthorityCategories: Business & Financial Services, Accounting/Finance/BudgetAdvertised: Mar 01 2024 Eastern Standard TimeApplications close:Primary Work Location:Mt. Ida campus, Newton, MAHybrid work schedule availableJob...

  • Head of Internal Audit

    4 days ago

    Boston, United States Geode Capital Management Full time

    Geode Capital Management is a global systematic investment manager.With a robust infrastructure and talented investment professionals, Geode offers clients the scale of a large asset management firm, with benefits of a versatile platform - flexibility and customization. Our firm is able to offer institutional investors the essential building blocks for...

  • Head of Internal Audit

    2 days ago

    Boston, United States Geode Capital Management Full time

    Geode Capital Management is a global systematic investment manager. With a robust infrastructure and talented investment professionals, Geode offers clients the scale of a large asset management firm, with benefits of a versatile platform - flexibility and customization. Our firm is able to offer institutional investors the essential building blocks for...

  • AVP, Credit Manager

    2 months ago

    Boston, United States Berkshire Residential Investments Full time

    Company OverviewBerkshire Residential Investments is a people-first real estate investment company who values not only the impact we make as a company, but the time we spend together in our high-performing teams. We value individual skills and perspectives to allow us to best serve our employees, investors, residents, and other stakeholders.If you're...

  • Head of Technology Risk Management in Asset Management

    2 weeks ago

    Boston, Massachusetts, United States Fidelity Investments Full time

    Job OverviewAre you interested in being part of a team dedicated to advancing innovative capabilities in Technology Risk? The Technology Risk division for Fidelity Asset Management (AM) within the Enterprise Technology Risk & Analytics (ETRA) group is on the lookout for a motivated, skilled, and seasoned professional to join our ranks.Key ResponsibilitiesIn...

  • Vice President of Asset Management

    2 months ago

    Boston, United States Michael Page Full time

    HYBRID role (at least 3 days in office/ week)Office is based in Boston, MA About Our Client My client is a boutique commercial real estate development firm with overseas backing. They have partnered exclusively with Page Group to secure their next Vice President of Asset Management. Job Description Reporting directly into the Head of Asset Management for...

  • Vice President of Asset Management

    2 months ago

    Boston, United States Page Executive Full time

    HYBRID role (at least 3 days in office/week)Office is based in Boston, MAAbout Our ClientMy client is a boutique commercial real estate development firm with overseas backing. They have partnered exclusively with Page Group to secure their next Vice President of Asset Management.Job DescriptionReporting directly into the Head of Asset Management for this...