Senior Associate, Operational Risk

Barings Corp.•Charlotte, NC

43d

About The Position

Barings is seeking an exceptional candidate to join the Operational Risk team as a Senior Associate in their Charlotte, NC office. This individual, reporting to the Global Head of Operational Risk and ERM Execution, will support the continued evolution of the firm's Operational Risk Management Framework, strengthening transparency and accountability of operational risks across the enterprise. The Operational Risk discipline is part of the broader Enterprise Risk Management function, which also includes Investment Risk, Counterparty Risk, Model Risk, and Business Resilience, as well as regional risk coverage. The successful candidate will have experience in financial services, investment management, risk management and/or project management, and possess strong problem-solving and communication skills. They should also demonstrate initiative, critically analyze processes, and work effectively both independently and collaboratively in a dynamic environment.

Requirements

Bachelor's degree in finance, accounting, or a related field preferred ; advanced degree a plus.
2-5 years of relevant work experience within a global financial services organization, ideally within a global asset management firm; knowledge of portfolio management and trading systems and workflows a plus.
Self-starter with the ability to work autonomously and in a team environment.
Ability to operate in a deadline driven environment while multitasking and maintaining a strict attention to detail; decisive and able to work at pace.
Familiarity with capital markets and investment management industries.
Sound judgement and excellent verbal and written communication skills.
Highly organized, detail oriented, and thorough, with strong problem-solving skills and ability to prioritize tasks efficiently.
Strong analytical skills with intellectual curiosity, resourceful in seeking new information; software development experience a plus.
Commitment to performance and accuracy of work product.

Nice To Haves

Knowledge of and prior experience using Governance, Risk, and Compliance (GRC) platforms a plus.
advanced degree a plus.
knowledge of portfolio management and trading systems and workflows a plus.
software development experience a plus.

Responsibilities

Partner with the Head of Operational Risk to enhance Barings' global operational risk oversight framework and practices.
Support core activities within the Operational Risk function by establishing and tracking qualitative and quantitative factors for identifying, assessing, monitoring and reporting operational risks.
Identify and document operational risk events, including root cause analysis and mitigation actions; monitor KPIs and other metrics, and track new and ongoing risks, issues and related mitigations.
Assist with facilitating standardized assessments of inherent and residual risks, effectiveness of controls, and risk appetite levels in alignment with the firm's enterprise risk taxonomy.
Build strong relationships with key stakeholders to maintain consistent communication and engagement that informs the firm's risk profile.
Collaborate with other control functions - such as Compliance, Audit, and Vendor Management - to ensure connectivity across control and process improvements.
Prepare monthly and quarterly insights to update the Risk Dashboard and contribute to Risk Committee materials that foster engagement, discussion, and constructive challenge of risks.
Work closely with regional Risk teams and other ERM disciplines to promote collaboration and efficiencies between global and local oversight.
Conduct ad-hoc reviews in areas where risk levels are higher than desired to create transparency and enhance accountability.

Benefits

Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
Fitness Center Reimbursement Program (Including Online Memberships)
Employee Assistance Program (EAP)
Fertility Benefits
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
Basic and Supplemental Life Insurance
Spouse and Child Life Insurance
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
Education Assistance Program
Charitable Matching Gifts Program
Commuter Reimbursement Program
Adoption and Surrogacy Reimbursement Program