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Fund Management Senior Associate - Private Credit

Bain Capital, LP
Full-time
On-site
Boston United States of America

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.

BAIN CAPITAL CREDIT OVERVIEW

Bain Capital Credit is a leading global credit specialist with $53.9 billion in assets under management. We invest across the credit spectrum and in credit-related strategies, including leveraged loans, high-yield bonds, structured products, private middle market loans, bespoke capital solutions, distressed securities and assets, non-performing loans, hard assets, and equities. Since inception, we have made a cultural commitment to investor alignment. We are a private partnership and invest a significant amount of our own capital alongside our limited partners. We have approximately $940 million of employee co-investment committed across Bain Capital Credit funds as of March 31, 2025. Bain Capital Credit’s investment professionals are dedicated to sourcing, analyzing, documenting, and executing attractive credit opportunities across North America, Europe, and Asia-Pacific and are supported by robust operational and technical resources.

PRIVATE CREDIT GROUP

Bain Capital Credit’s Private Credit Group evaluates investment opportunities across the spectrum in the middle market, or typically companies with $10-150M of EBITDA located in North America, Europe and Asia Pacific. With a dedicated global team of over 35 investment professionals, we can lead investments across the capital structure in senior secured first lien, second lien and unitranche loans, subordinated debt, and preferred or common equity co-investments. Our dedicated global team affords us the ability to diligence the most complex situations and provide private capital to those companies.

KEY RESPONSIBILITIES

The Fund Management associate will serve as the primary point person for loan allocations, fund operations and process management. This individual should have a strong desire to create efficient technology enabled processes supporting the management and scaling of the Private Credit Groups BDCs, Funds, SMAs and SPVs. The individual should have strong interpersonal skills and be comfortable working across multiple functions of the organization including Senior Management, Investment Teams, Finance, Treasury, Operations, Legal, Compliance and IT.

  • Lead the allocation of new investment allocations across the Private Credit Group’s BDCs, Funds, Separately Managed Accounts and Special Purpose Vehicles. Ensure all portfolio objectives are met via new allocations including eligibility, position sizing, portfolio concentrations (security, industry, geography, etc.).

  • Maintain a strong understanding of eligibility criteria for new investments. Work alongside the Portfolio Management team, Finance and Treasury peers to understand fund constraints, current portfolio constraints and fund objectives

  • Oversee cash management of funds alongside key Treasury individuals

  • Work alongside the Portfolio Management team and Liability Structuring teams to execute key initiatives facilitating new SPV formation (e.g. portfolio construction timing, portfolio analysis, etc.)

  • Lead the communication of pipeline and fund updates to finance FP&A team providing seamless delivery of updates to PMs and Management. Work alongside FP&A and treasury teams to communicate key Fund actions such as capital calls/ distributions and financing facility size amendments

  • Oversee pre-trade loan execution ensuring loans are booked and allocated as initially intended

  • Collaborate with the Liability Structuring and Treasury teams to identify Fund optimization initiatives (e.g. portfolio allocations, liability management, timing/ operational considerations, etc.)

  • Ensure all required deliverables for reporting and analytics (e.g., closing memos, amendment memos) are produced by the deal team

  • Partner with internal stakeholders, including data governance team, to ensure accurate and complete issuer and asset level data is captured in internal systems

  • Represent the business in new fund onboarding by participating in working groups and ensuring the proper data flows and process are in place to support these new funds across PCG

GENERAL QUALIFICATIONS

  • Minimum of 2-4 years of relevant work experience in private credit

  • Solid knowledge of accounting and finance

  • Strong understanding of credit and financial markets, with a focus on private credit in fund structures, fund operations, leverage facilities, and investments

  • Demonstrate enthusiastic work ethic; motivated self-starter with personal accountability

  • Excellent written and verbal communication skills, with the ability to collaborate effectively across various departments within the organization

  • Exceptional analytical skills, detail oriented and highly organized

  • Able to maintain accuracy and quality while working within tight deadlines

  • Ability to multi-task and work in a fast-paced, team-oriented environment

  • Advanced experience with Excel

EDUCATION

  • Four-year college degree with a strong academic background.

  • Major in accounting, finance or related degree required.

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.