Senior Finance Associate – Private Credit Leverage Management

Bain Capital • Boston, MA

11d

About The Position

Bain Capital Credit is seeking a Senior Finance Associate to manage leverage facilities, including middle market CLOs, asset-backed facilities, and fund-level financing arrangements. This role involves overseeing liquidity planning for various levered private credit funds, forecasting liquidity and leverage metrics, and managing borrowing/paydown requests. The associate will also be responsible for maintaining borrowing bases, optimizing financing facility collateral, coordinating with lenders and trustees for distributions and reporting, and assisting with process and technology improvements.

Requirements

• 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
• 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

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.
• 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.
• 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.

Benefits

• Competitive base salary
• Discretionary annual bonus
• Competitive benefits package designed to support employees’ health, financial security, family needs, and overall well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior