Real Estate Debt Insurance Risk Management, Director

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.

Position Title : Real Estate Debt Insurance Risk Management, Director

Business Title : Director

Department : Real Estate Debt

Location : Charlotte or Chicago

Typical Responsibilities

The Director will report directly to the Managing Director- Head of US and European Real Estate Debt Asset Management. The Director will be responsible for managing all aspects of Debt Insurance Risk by handling the day-to-day responsibilities summarized but not limited to the below.

Manage the outsourced vendor relationships for debt underwriting insurance reviews as well as the flood servicing vendor

Manage and have oversite of the post-closing insurance servicer’s ensuring compliance with loan requirements

Manage approvals of reps and warranties for leveraging, and co-investment of loans, including management of all leveraging requirements, and co-investor requirements

Oversee the insurance process from origination through the loan life cycle where applicable

Provide risk assessment to the Debt Team for potential consideration of any waiver decisions, or insurance requirement changes

Provide insurance coverage expertise and information to Engineering, Legal, Regional Offices, and Senior Management, Portfolio Management and Co-Investors when requested

Oversee insurance process during Debt foreclosure, and subsequent transition of insurance onto the Equity program upon taking possession of the property. In addition, managing the third-party vendors used for Debt new loan insurance underwriting

Oversee insurance requirements for industry trends and applicable changes to contractual agreements

Knowledge Requirements

Bachelor’s degree in Risk Management, Business or Real Estate required

Minimum of 7-10 years of experience in commercial real estate insurance, risk management, construction risk, global insurance (is a plus), and commercial lending

Supervisory experience is preferred

Strong knowledge of real estate construction insurance

ARM, CRIS or CPCU designation preferred

Demonstrated knowledge of all commercial real estate insurance coverage required

Proficiency with Microsoft Word, Excel and Outlook

Competencies

Strong interpersonal skills; must be able to interface with all levels of internal personnel and with external clients and service providers

Supervisory experience is preferred

Excellent oral and written communication skills

Excellent analytical skills must be detail-oriented

Strong organizational skills and ability to prioritize and handle multiple tasks

Ability to work independently and as a team member

Superior customer service and responsive to the needs of the client and the company

Ability to work effectively under pressure

Excellent problem-solving skills; must be proactive and think ahead to solve problems

Ability to prioritize and multi-task

#LI-JB1

Requisite Skills

Additional Skills

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

LIFE INSURANCE

TIME OFF, DISABILITY AND LEAVE OF ABSENCE

OTHER BENEFITS