Senior Associate, Construction Loan Administrator Position Available In Mecklenburg, North Carolina

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.

Title:

Senior Associate, Construction Loan Administrator Location:

Charlotte NC, Chicago IL, Boston MA Job Summary Barings is seeking an Senior Associate to join the construction lending team in Real Estate Debt. This individual will be focused on loan administration servicing. Working within a culture that thrives on teamwork, collaboration, performance outcomes and a passion for real estate, this is an exciting role to support a team focused on performance and delivering high quality outcomes for clients. Primary Responsibilities Review loan, underwriting, and construction documents prior to loan closing for consistency with established construction lending best practices. Review sponsor contributed equity, including relevant back-up, as well as title policy, prior to loan closing. Work with the borrower to establish a satisfactory protocol for monthly draw process reporting and submission of required back-up information. Monitor, evaluate, and report on monthly draw requests from construction loan borrowers, ultimately producing a recommendation to fund report for internal and external clients. This work will include borrower and architect certifications, invoice back-up, lien waivers, and title updates. Ensure compliance with limitations on stored materials and deposits. Confirm requisite back-up for stored material funding requests. Work with the Barings construction loan team as well as the borrower and internal and external inspecting engineers to confirm compliance with loan documents. Track internal interest and principal capitalizations, across multiple notes and multiple lenders, and ensure that all relevant parties are being paid through the draw process. Work with legal, insurance, and asset management on periodic loan modification requests. Qualifications Minimum of two of industry experience Undergraduate degree in accounting, construction management or similar fields, or bank loan administration experience is a strong plus Must be familiar with industry standard financial models for tracking individual asset transactions Creative, solutions focused mindset with strong interpersonal, organizational, and collaboration skills Demonstrated attention to detail Promote a positive attitude and working environment among fellow employees Excellent oral and written communication skills; interact with members of senior management, executives and line staff in a positive and collegial manner Ability to operate autonomously with transparency and integrity Ability to prioritize and multi-task Meet tight timelines and make key recommendations and decisions 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. Barings offers a comprehensive benefits package including:

CORE BENEFITS & WELLNESS

Medical (including Virtual Care), Prescription, Dental, and Vision Coverage Fitness Center Reimbursement Program (Including Online Memberships) Employee Assistance Program (EAP) Fertility Benefits

FINANCIAL WELL-BEING

Highly competitive 401(k) Plan with Company Match Health Savings Account (HSA) with Company Contributions Flexible Spending Accounts (FSA) – Health Care & Dependent Care Retirement Health Reimbursement Account

LIFE INSURANCE

Basic and Supplemental Life Insurance Spouse and Child Life Insurance

TIME OFF, DISABILITY AND LEAVE OF ABSENCE

Paid Vacation, Sick Days and Annual Holidays Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time) Short and Long Term Disability Plans Paid Volunteer Time

OTHER BENEFITS

Education Assistance Program Charitable Matching Gifts Program Commuter Reimbursement Program Adoption and Surrogacy Reimbursement Program Barings is a leading global asset management firm dedicated to meeting the evolving investment and capital needs of our clients. We build lasting partnerships that leverage our distinctive expertise across traditional and alternative asset classes to deliver innovative, institutional-quality solutions and service. Our team-driven culture is based on transparency, responsibility and putting our clients’ interests first. We listen to our clients to understand their needs, so that we can be a strategic advisor and long-term partner in meeting their unique investment goals. Risk management and protecting our investors’ capital over the long term is an essential component of our lasting partnerships. Barings is also committed to building long-term relationships with our associates and providing opportunities and support to help them succeed. With our expanding business and global footprint, Barings offers a wealth of opportunities for associates who share our culture, values and commitment to excellence in client service. As an organization, we believe that a diversity of perspectives and strengths is essential to meeting the evolving needs of our clients, and we are committed to attracting and retaining a talented workforce as diverse as the clients and communities that contribute to our success.