Analyst/Associate, Credit ABF

Established in 1984, Bain Capital is one of the world's leading private investment firms with approximately $185 billion in assets under management. Bain Capital manages a range of strategies including private equity, credit, public equity, venture capital, real estate, life sciences, and impact investments.  Our competitive advantage is grounded in a diligence-intensive, value-added investment approach that enables the firm to deliver industry-leading returns for its investors. Headquartered in Boston, Bain Capital has offices in Chicago, Dublin, Guangzhou, Hong Kong, Lisbon, London, Luxembourg, Madrid, Mauritius, Melbourne, Mumbai, Munich, New York, Osaka, Palo Alto, San Francisco, Seoul, Shanghai, Singapore, Sydney, and Tokyo.

BAIN CAPITAL CREDIT OVERVIEW

Bain Capital Credit is a leading global credit specialist with approximately $53 billion in assets under management, including approximately $24 billion in Structured Products.  We invest across the full spectrum of credit strategies, including asset-based finance, direct lending, leveraged loans, high-yield bonds, non-performing loans, real estate and other hard assets and equities.  Through a wide diversity of mandates, we have the ability to invest in every level of a company or asset’s capital structure from secured debt to equity and can provide holistic solutions to growing companies with unique financing needs.

Bain Capital Credit has a world-class team of over 100 investment professionals with extensive experience analyzing and managing credit investments. 

Bain Capital Credit’s Asset Based Finance team is responsible for managing our global ABS, CLO, CMBS, RMBS, and other structured investments. The group is collaborative, entrepreneurial, and innovative, and represents a rapidly growing set of mandates with Bain Capital Credit.  

We are looking for an Analyst or Associate to join our Asset Based Finance team in the Boston office.

RESPONSIBILITIES

• Underwrite, evaluate and invest in ABS opportunities across the capital structure

• Work directly with portfolio managers and senior investment staff to identify and action ABS investments across wide spectrum of opportunities including investment grade, non-investment grade, and residual tranches

• Lead & assist in investment efforts including cross-asset relative value analysis, fundamental credit assessments, securitization modelling, and statistical analysis

• Help manage the structuring, underwriting, and investment monitoring processes with both internal collaborators and external counterparties

• Maintain and enhance Bain Capital Credit’s ABS & structured products analytics platforms

QUALIFICATIONS

• Strong academic credentials (BS/BA from highly regarded institution) and a demonstrated track record of successful work experience

• 1-3 years of experience in ABS investing, trading, and/or structuring

• Experience in modelling and sensitizing ABS returns and underlying cash flow structures

• Ability to work collaboratively in team environments and strong relationship-building skills

• Excellent communication skills with ability to synthesize complicated analyses concisely and to articulate insightful conclusions compellingly. Open to spirited debate over ideas

PREFERRED SKILLS

• Proficiency and experience with Bloomberg, Excel, Intex, Python and/or other relevant software tools

• Familiarity with esoteric ABS asset classes, residuals, and/or non-securitized asset-based finance investments

• Experience with private and 4(a)(2) securitizations

• Knowledge of regulatory standards and best practices within ABS