Senior Director, Head of Trading Practices Compliance

Barings•Charlotte, NC

5d•Onsite

About The Position

Responsible for the day-to-day surveillance and oversight activities for the Firm’s various trading functions. Position is responsible for the assessment of the Firm’s trading risk and identifying breaches to prescribed policies. Requires the use of policies, procedures, and manual and automated systems to mitigate these risks and comply with regulatory restrictions. This position is a visible position within the organization often interacting with members of the firm’s Portfolio Management, Trading, Legal, Risk, and Operations teams. The Director will also take a lead role in managing the Compliance Department’s strategic planning process, including facilitating the completion of projects and elevating related risks. This position is critical to the organization, particularly as the firm expands its global presence. This compliance position requires a candidate who appreciates the importance of well drafted, business appropriate policies that meet regulatory expectations and, where appropriate, industry best practices. This position has a direct impact on the firm’s ability to conduct business in accordance with applicable law, thereby protecting the firm from adverse regulatory exposure and enhanced litigation risk, as well as damage to the firm’s industry reputation.

Requirements

Minimum 7+ years of investment adviser or financial service experience with emphasis on compliance.
Experience across a range of asset classes primarily including private lending, private investment funds, bank loans, derivatives, real estate investments, and corporate securities are required.
Strong understanding of the role of Compliance and the relationship between Compliance and business.
Knowledge of the provisions within Investment Advisers Act, Investment Company Act, ERISA, FCA Handbook\UCITS and other applicable regulations.
Experience in project management and addressing ad-hoc data analysis requests.
Effective, results orientated team player with strong interpersonal skills; possess very strong organizational and analytical skills; must be very detail oriented.
Must be self-motivated, proactive and must possess the skills to successfully interact with and negotiate with internal professionals, including management.
Strong ability to comprehend highly technical regulatory requirements.
Demonstrates ongoing commitment to continuous learning and self- improvement.
Proficiency in Aladdin is a must.

Nice To Haves

Experience working with regulatory agencies (e.g., SEC) and/or a corporate audit environment a plus.

Responsibilities

Manage a team of compliance associates responsible for the surveillance and oversight in relation to best execution, cross trades, fair allocation, order management, market abuse and insider trading, trade errors review and remediation.
Ensure team has strong analytical and strategic skills to appropriately assess, challenge, and influence business partners.
Proactively identify patterns or trends that may emerge in surveillance reviews.
Draft and maintain key policies and procedures relating to Trading Practices topics.
Participate in or lead key department or corporate projects as needed.
Participate in the Trading Practices and Counterparty Risk Committee or other committees as needed.
Provide advice and support across Compliance departments including global locations.
Develop and conduct training on specific rules and regulations to various stakeholders.
Resolve and /or recommend to management solutions to trading related issues; provide guidance to business units on relevant compliance issues.
Collaborate with IT and front office personnel on the development and implementation of solutions to address existing and new regulatory requirements.
Remain current with regulatory matters including enforcement actions related to the industry generally and trading specifically and advise management of significant matters.

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