Job Description
BAIN CAPITAL CREDIT OVERVIEW
Bain Capital Credit founded as Sankaty Advisors in 1998, is a leading global credit specialist with approximately $57 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 300 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
Bain Capital, LP is one of the world’s leading private investment firms with approximately $185 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since our founding in 1984, we’ve applied our insight and experience to organically expand into several asset classes including private equity, credit, public equity, venture capital and real estate. We leverage our shared platform to capture cross-asset class opportunities in strategic areas of focus. With offices on four continents, our global team aligns our interests with those of our investors for lasting impact.
KEY RESPONSIBILITIES – Recon and Control
- Responsible for providing world class operational support for the investor relations, finance, and fund management teams across BCC investment platforms
- Work with other team members to maintain a scalable operations function that provides a high level of support to the organization primarily related to reconciliation and control:
- Daily reconciliation of cash and positions with custodians
- Daily tracking of trading activity
- Reconciliation of Administrator data
- Collaborate alongside/with other operational departments to provide coverage and product knowledge
- Continually analyze, review, and improve the working practices and processes of the Investment Operations team
- Identify and research complex transactions/fund structures and communicate to stakeholders both internally and externally
- Identify and resolve issues with deal fundings and subsequent credit activity on an asset.
- Interact with the funds’ trustee regarding cash availability and funding requirements
- Close interaction with Finance and outside Administrator 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 implementing of those solutions.
DESIRED BACKGROUND/EDUCATION
- 1-3 Years financial services experience – bank loan/private credit experience preferred
- Four-year college degree with a strong academic background. Major in Accounting, Finance, or Economics
- 3.25 GPA or higher
- Proficiency in Excel
- Experience in Advent Geneva preferred
GENERAL QUALIFICATIONS
- Detail-oriented, conscientious, and energetic professional with ability to think creatively
- Strong ability to prioritize multiple responsibilities and work under tight deadlines.
- Strong problem-solving skills
- Ability to decipher complex legal documents.
- Strong interpersonal skills with capacity to interact with outside parties and personnel across all levels of the firm
- Dedicated team player with a strong sense of ownership and follow-through skills
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.