Senior Finance Associate – Private Credit Leverage Management
Bain CapitalBAIN CAPITAL OVERVIEW
With approximately $215 billion of assets under management, Bain Capital is one of the world’s leading private investment firms. We create lasting impact for our investors, teams, businesses, and the communities in which we live. Over four decades we have strategically grown our platform to focus on Private Equity, Growth & Venture, Capital Solutions, Credit, and Real Assets. Today, our team includes 1,985+ employees in 24 offices on four continents.
We partner differently to help people and companies embrace possibility and realize potential. Founded as a private partnership in 1984, we have fostered a culture of innovation, entrepreneurialism, and agility, empowering our people to define and own their career trajectories. Today, our partnership approach enables us to pursue strategic growth, build enduring relationships with a robust external network, and collaborate across our integrated platform to connect the deep and diverse expertise that unlocks breakthrough insights.
Our people are the heart of our advantage. Colleagues at all levels have a seat at the table as they tackle business challenges with a principal investor mindset. By asking incisive questions, respectfully challenging one another, and remaining intellectually agile, we work together to achieve exceptional outcomes.
KEY RESPONSIBILITIES
Manage Bain Capital Credit’s leverage facilities including middle market CLO’s, asset-backed facilities, and fund level financing arrangements. Oversee liquidity planning across a spectrum of levered private credit funds, including Bain Capital’s BDCs, evergreen funds and SMAs.
Liquidity Forecasting & Management
- Forecast fund-level liquidity and leverage metrics, factoring in new deal pipeline, realizations and use of financing facilities.
- Prepare borrowing / paydown requests to maintain appropriate liquidity for new deal funding and other cash needs
- Maintain, and advise Portfolio Management team on, fund-level liquidity and leverage statistics over various time horizons and stressed scenarios
Leverage Facility Administration & Management
- Maintain borrowing bases and portfolio surveillance models to support liquidity and financing facility management processes.
- Optimize financing facility collateral to maximize availability and manage against facility concentration limits and eligibility criteria.
- Drive collateral reporting process with trustees and other reporting requirements with lenders for credit facilities and CLOs as required by indentures / credit agreements.
- Coordinate with lenders, trustees and Bain Operations to execute quarterly waterfall distributions for credit facilities and CLOs.
- Coordinate with rating agencies to obtain credit estimates for portfolio companies.
- Facilitate lender asset review process with Bain deal teams ahead of primary deal fundings.
- Assist in the development and implementation of processes and technology solutions to improve day-to-day efficiency and accuracy.
DESIRED BACKGROUND/EDUCATION
- 2-4 years of relevant work experience, preferably working within private credit and/or CLO’s
- Four-year college degree with a strong academic background
GENERAL QUALIFICATIONS
- Strong interpersonal skills with capacity to interact with outside parties and personnel across all levels of the firm
- High attention to detail and a high standard for accuracy and responsiveness
- Ability to effectively prioritize responsibilities and work under strict deadlines
- Strong problem-solving skills and solutions oriented approach
- Dedicated team player with a strong sense of ownership and follow-through skills
- Ability to decipher complex legal documents and credit agreements
- Strong Microsoft Excel skills
Compensation:
Expected Annual Base Salary $95,000 – 110,000
Actual base salary will be determined by a wide range of factors including but not limited to role, function, level, experience, qualifications and geographic location. In addition to a competitive base salary, this position may be eligible for a discretionary annual bonus based upon factors such as individual impact, team and firm performance. Bain Capital offers a competitive benefits package designed to support employees’ health, financial security, family needs, and overall well-being.
Bain Capital is an equal opportunity employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.