Senior Director - Barings Portfolio Finance

Barings • Boston, MA

283d

About The Position

This Senior Director role will be responsible for the portfolio management function of Barings Portfolio Finance clients, including MassMutual. This position will focus on ensuring the needs of MassMutual across various stakeholders are being met, while promoting clear and consistent communication across Barings internal stakeholders as well as MassMutual. Over time, the role is expected to consist of a similar function for other third-party Barings Portfolio Finance clients. Portfolio Finance originates customized, proprietary senior secured financings to major asset managers across a wide range of asset classes. These transactions are highly negotiated and often involve complex structuring across various global jurisdictions. The Portfolio Finance team has originated over $48 billion in private investments since 2017 and transitioned to Barings from MassMutual (Barings' parent company) in 2024. The team is small, close-knit, and highly collaborative. The Senior Director will be a critical full-time member of the team. Team members are motivated by a shared goal to originate and manage attractive investment opportunities for MassMutual's GIA and third-party clients. The Senior Director will support all portfolio management aspects of the Portfolio Finance platform, with a focus on the MassMutual GIA portfolio. This includes working closely with portfolio managers, investment analysts, structuring leads, loan asset management, portfolio analytics, and other team members across Barings as well as external partners, including legal counsel. The Senior Director will provide a primary portfolio management point of contact for MassMutual, ensuring clear communication and client success. Barings Portfolio Finance seeks to generate attractive risk-adjusted returns for all clients including MassMutual. The Senior Director will be a positive contributor to the team, provide coaching, feedback, and mentorship to other members of the team.

Requirements

• Bachelor's degree with at least ten (10) years of relevant experience in investment banking, leveraged finance, portfolio finance, private credit, or other alternative investment experience.
• Experience with portfolio finance investments, including understanding of investment merits, risks, structures, and detailed underwriting considerations.
• Ability to clearly articulate details around portfolio finance investments.
• Deep understanding of insurance general account investment portfolios, including ALM considerations.
• Strong understanding of accounting principles.
• Experience making investment decisions using leverage and other financing related metrics.
• Excellent communication skills, both written and oral.
• Ability to conduct research, analysis, and due diligence of various asset classes.
• Strong analytical and problem-solving skills, attention to detail, and ability to multitask.
• Ability to work closely with portfolio managers and senior management.
• Understanding of operational, accounting, and legal aspects of investments.
• Strong computer skills including proficiency in Microsoft Office (Excel, Power Point, and Word).
• Experience working on complex negotiated transactions.
• Understanding of alternative asset classes and their risks.
• Experience with deal underwriting and execution.

Responsibilities

• Manage the portfolio management function for Barings Portfolio Finance clients, including MassMutual.
• Ensure the needs of MassMutual across various stakeholders are being met.
• Promote clear and consistent communication across Barings internal stakeholders and MassMutual.
• Support all portfolio management aspects of the Portfolio Finance platform.
• Work closely with portfolio managers, investment analysts, structuring leads, loan asset management, and portfolio analytics.
• Act as the primary portfolio management point of contact for MassMutual.
• Generate attractive risk-adjusted returns for all clients including MassMutual.
• Provide coaching, feedback, and mentorship to other team members.

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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Sporting Goods, Hobby, Musical Instrument, Book, and Miscellaneous Retailers
• Education Level: Bachelor's degree