Trade Settlement Associate

Bain Capital • Boston, MA

11d • Onsite

About The Position

Bain Capital Credit is a leading global credit specialist with approximately $50 billion in assets under management. They invest across various credit strategies and asset classes. Bain Capital as a whole manages approximately $185 billion in assets and has a culture of innovation and entrepreneurialism. This role will support the trade settlement function for the Capital Market Operations business across multiple investment strategies and asset classes, including corporate bonds, public equities, mortgage-backed securities, bank loans, and various complex fixed income and equity derivatives. The associate will interact with prime brokers, trading counterparties, custodians, trustees, and internal treasury teams to ensure the prompt and accurate settlement of trades.

Requirements

• 1-3+ years of experience in a complex financial services industry, preferably in public equity, fixed income and/or high yield related business
• BS or BA with finance and accounting basics
• Experience with Bloomberg and other trading and settlement software platforms
• Familiarity with legal documents and credit agreements
• Detail-oriented, conscientious and energetic professional with ability to think creatively
• Strong interpersonal skills with capacity to interact with all levels both internally and externally
• Ability to prioritize responsibilities and work under strict deadlines
• Strong problem-solving skills
• Dedicated team player with a strong sense of ownership and follow-through skills
• Working knowledge of Omgeo Oasys and Alert
• Solid Microsoft Excel skills

Responsibilities

• Support all aspects of trade settlement function for the Capital Market Operations business across multiple investment strategies and asset classes, including corporate bonds, public equities, mortgage back securities, bank loans and various complex fixed income and equity derivatives
• Interact with the funds’ prime brokers, trading counterparties and custodians as needed to support the trade settlement process
• Manage the prompt resolution of failed trades and all settlement related issues
• Ensure the timely and accurate booking of all trade details on the proprietary position master and portfolio accounting system
• Assist with primary and secondary loan closings and settlements
• Interact with the funds’ trustees and internal treasury team regarding cash requirements
• Liaise as needed with the firm’s external settlement partners to effect the timely and accurate settlement of trades

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: Entry Level