Financial Associate

Global Private Finance, Associate/Senior AssociateAt 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.Corporate Title: Associate or Senior AssociateBusiness Unit: Global Private FinanceLocation: Charlotte, NC or New York, NYJob SummaryThe Global Private Finance team (> $60BN of AUM) is seeking a highly motivated Associate or Senior Associate to assist in the underwriting, execution, and management of private credit financing solutions to private equity sponsored transactions across a variety of industries. This individual will work closely with senior investment professionals throughout the investment lifecycle, including opportunity evaluation, due diligence, structuring, investment committee approval, transaction execution, and ongoing portfolio management. The position can be located in either our Charlotte or New York office.Primary ResponsibilitiesConduct comprehensive credit underwriting and due diligence on prospective investments, including meetings with management teams and leading private equity sponsors as well as account management activitiesPerform detailed financial analysis on potential borrowers including review of historical financial performance, customer & product trend analysis, etc.Develop comprehensive operating and LBO models to evaluate investment opportunities under multiple operating and capital structure scenariosAssist in preparation of investment memos containing written description of borrower business operations, industry dynamics, financial performance, etc.Prepare and present investment recommendations to senior investment professionals and investment committeesMonitor a portfolio of existing investments, including quarterly financial reviews, covenant compliance analysis, amendment requests, liquidity assessments, risk rating recommendations, and investment valuationsQualificationsBachelor's Degree in Finance, Business Administration, or Accounting2-6 years of work experience preferably in private credit, investment banking, transaction advisory, or commercial banking. Successful completion of a formal commercial credit training program a plus.Strong analytical skill setAdvanced Excel skillsEffective communication skillsDemonstrated work ethic, with the ability to manage multiple transactions simultaneously in a fast-paced environmentDevelops strong and effective relationships with all areas across the organizationProficient in use of Microsoft Office Product SuiteBase Salary Range: $120,000-160,000 and additional incentive compensation.Requisite SkillsCredit Analysis, Financial Statement Analysis, Portfolio Management, Private Financing, UnderwritingAdditional SkillsBarings 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 including:CORE 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