Senior Finance Associate - Credit

BAIN CAPITAL CREDIT OVERVIEW

Bain Capital Credit founded as Sankaty Advisors in 1998, is a leading global credit specialist with approximately $48 billion in assets under management. Bain Capital Credit invests up and down the capital structure and across the spectrum of credit strategies, including leveraged loans, high-yield bonds, distressed debt, private lending, structured products, non-performing loans and equities. Our team of more than 200 professionals creates value through rigorous, independent analysis of thousands of corporate issuers around the world. In addition to credit, Bain Capital invests across asset classes including private equity, public equity and venture capital, and leverages the firm’s shared platform to capture opportunities in strategic areas of focus.

BAIN CAPITAL OVERVIEW

With approximately $185 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 & Capital Markets, and Real Assets. Today, our team includes 1,880+ 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

Will include some or all the following across the Bain Capital Credit strategy:

• Preparation of all aspects of financial reporting including:

  • Daily analysis of investment activity and performance reporting

  • Monthly capital reporting to investors as well as associated returns, positioning, and attribution analysis

  • Assist in preparation of monthly investor reports and quarterly investment letters.

  • Quarterly and Annual Financial Statements

  • Assist in preparation of taxable income and allocation workbooks for quarterly tax estimate and annual K-1 processes

  • Intercompany reporting (e.g. Investor Relations, Diligence, Bain Corporate, G.P., Coinvest, Compliance, Tax, Legal, and other Bain Capital investment divisions)

  • Frequent / Challenging / Unique Ad hoc requests

• Application of provisions described in complex legal documents (e.g. PPMs/LPA/IMAs) including:

  • Capital Call Provisions

  • Capital Allocations

  • Carried Interest Allocations

  • Distribution Provisions

  • Management Fees

  • Expenses (ability to charge as well as expense cap provisions)

  • Investment Restrictions/Compliance

• Close interaction with Portfolio Management team to address issues surrounding investment objectives and constraints within each fund’s investment mandate. Responsible for having an understanding of asset classes owned within each fund, which may include bank loans, bonds, equities, credit default swaps, structured products and options.

• Close interaction with deal staff to address any question that arises as part of the financial reporting process.  Responsible for understanding the nature of their question and addressing accordingly either through providing additional information as needed or developing new solutions to address their needs.

• Close interaction with Operations and outside Administrators when issues are discovered as part of the financial reporting process.  Responsible for determining the root cause of the issues encountered, determining effective solutions, and then overseeing the implementation of those solutions.  

• Close interaction with Investor Relations to address any questions from investors.

• Close interaction with internal IT and outside consultants to achieve implementation of systematic solutions/efficiencies in relation to accounting systems and recurring reporting requests.  Assist in the design of solutions, as well as ownership o