Managing Director, Originations - Chicago, IL, United States - Barings LLC

    Barings LLC
    Barings LLC Chicago, IL, United States

    1 month ago

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    Managing Director, Originations

    Apply locations Chicago, IL, United States time type Full time posted on Posted 3 Days Ago job requisition id JR_004969

    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.

    Managing Director, Originations

    Barings - Global Private Credit – Sponsor Finance

    Location – Charlotte, Chicago

    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 Summary

    The Global Private Credit – Sponsor Finance team is seeking a Managing Director with experience in providing cash flow-based financing solutions to private equity sponsored transactions across a variety of industries. Ideal candidates will possess established private equity sponsor relationships, strong credit skills and be able to make meaningful contributions to all aspects of the deal process. All candidates should have demonstrated track record of leading middle market leveraged buyouts. Please indicate location preference upon application.

    Primary Responsibilities

    • Originate opportunities in lead capacity and manage all aspects of the financings for senior debt, unitranche, second lien, mezzanine and equity or equity-like investments.
    • Work closely with the existing origination team to further expand our private equity relationships in the U.S.
    • Develop, maintain and institutionalize private equity relationships by supervising and reporting material fund raising, investment and portfolio activities?
    • Develop, maintain and institutionalize relationships with prospective business owners, targets, investment bankers, business brokers and advisors.
    • Oversee all aspects of the due diligence processes, including screening, underwriting and portfolio management.
    • Present investment memos and amendment requests to Investment Committee.
    • Negotiate and review term sheets, credit agreements and associated legal documents.
    • Supervise and mentor junior professionals.
    • Assist with special projects, as needed.

    Qualifications

    • 15+ years of middle market cash flow lending experience as lead agent at a direct lender, investment bank, commercial bank, BDC or similar platform. Completion of formal credit training program preferred
    • Bachelor's Degree in Accounting, Finance or Business Administration from top university required. Advanced Degree and/or CFA/ CPA expected
    • Fluent knowledge of current market terms and competitive landscape
    • Strong analytical, problem-solving, communication and negotiation skills
    • Team player, with exemplary work ethic and ability to work under pressure
    • Ability to multi-task and independently manage deadlines
    • Advanced knowledge of Microsoft Office and other relevant technology tools
    • Travel will be required and could be up to 50% domestic.

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    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

    About Us

    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.

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