Title: Senior Associate/Associate Director, Trading Practices Compliance
Business Unit: Compliance
Location: Charlotte, NC
Job SummaryResponsible 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 reports to the Head of Trading Practices Compliance and is a visible position within the organization often interacting with members of the firm's Portfolio Management, Trading, Legal, Risk, and Operations teams.
Position is vital to the success of the organization's trading practices compliance function. Given the volume and types of investment activity occurring, it is important that there be adequate trade compliance coverage. This position will have 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 minimizing litigation risk, as well as damage to the firm's industry reputation.
Primary Responsibilities- Responsible for primarily assisting with surveillance and compliance monitoring related to best execution, cross trades, fair allocation, order management, market abuse, insider trading, and trade error review and remediation
- Conduct ongoing surveillance and monitoring activities to identify potential misuse of Material Non-Public Information (MNPI) across trading, research, and other business activities.
- Review and evaluate wall-crossing requests and related documentation to ensure proper controls, approvals, and regulatory requirements are satisfied.
- Proactively identify patterns or trends through surveillance reviews and escalate findings as appropriate.
- Draft, maintain, and enhance policies and procedures related to trading practices and regulatory obligations.
- Lead or contribute to key departmental and firm-wide projects, ensuring alignment with compliance objectives.
- Participate in developing reporting and periodic presentation to governance forums as needed.
- Develop and deliver targeted training on trading-related rules, regulations, and internal policies to relevant stakeholders.
- Resolve or escalate trading-related compliance issues and provide practical guidance to business units.
- Collaborate with IT, front office, and other stakeholders to design and implement solutions that address new and evolving regulatory requirements.
- Stay current on regulatory developments and enforcement actions affecting trading practices and advise management on significant issues and emerging risks.
Qualifications- Minimum 4 years of investment adviser or financial service experience with emphasis on trade 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.
- Experience with Firewalls, Insider Trading, Market Conduct, and other conflicts of interest polices strongly preferred.
- Knowledge of the provisions within Investment Advisers Act, Investment Company Act, ERISA, FCA Handbook/UCITS, MAR, AIFMD, MIFID II and other applicable regulations.
- Experience working with regulatory agencies (e.g., SEC, FINRA, CFTC, FCA) and/or a corporate audit environment a plus.
- Experience in project management and addressing ad-hoc data analysis requests.
- Effective, results orientated team player with strong interpersonal skills; Critical thinker with very strong organizational and analytical skills; must be very detail oriented.
- Must be self-motivated 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.
- Aladdin and strong Excel experience also a plus.
- Ability to handle high volumes of work under tight deadlines while maintaining accuracy and minimizing risk.
- Good communicator who has previous daily engagement with investment teams.
- Proficiency in Aladdin or another order management system required.
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Requisite SkillsAdditional SkillsBarings 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
