Real Estate Debt Insurance Risk Management, Director

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, Boston 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 oversight 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

Competencies

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 :