Senior Finance Associate - CLO

Reposted 19 Days Ago
Be an Early Applicant
Boston, MA, USA
In-Office
61K-90K Annually
Senior level
Financial Services
The Role
Manage accounting, compliance, and financial reporting for CLOs and fixed-income funds, including quarterly financial statements, audits, monthly estimates, indenture and credit agreement compliance, reconciliations, distributions, investor reporting, borrowing base and cash management, tax/K-1 coordination, performance analysis, and implementation of systems and process improvements.
Summary Generated by Built In

BAIN CAPITAL CREDIT OVERVIEW

Bain Capital Credit is a leading global credit specialist with $61 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 $1 billion of employee co-investment committed across Bain Capital Credit funds as of September 30, 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.

BAIN CAPITAL OVERVIEW

With approximately $215 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, and Real Assets. Today, our team includes 1,985+ 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. 

KEY RESPONSIBILITIES

Will include some or all of the following for Collateralized Loan Obligations (CLO) and other fixed income funds:

  • Oversight of accounting and financial statement preparation for three funds investing CLOs

    • Quarterly financial statements and year end audit

    • Monthly estimates

    • Weekly internal reporting

  • Interaction with tax accountants for the preparation of tax returns and K-1’s / PFICs.

  • Oversight of all aspects of CLO Indenture compliance and financial reporting including:

    • Daily analysis of investment activity and compliance reporting.

    • Monthly review of reconciliation with Trustee’s Indenture compliance reports.

    • Review of funds’ quarterly distributions.

    • Weekly performance reporting.

    • Assist in preparation of investor reports and requests.

    • Intercompany reporting (e.g. Investor Relations, Diligence, Bain Corporate, G.P., Coinvest, Compliance, Tax, Legal, and other Bain Capital investment divisions)

    • Frequent / Challenging / Unique Ad hoc requests including trade recommendations for portfolio manager

    • Analysis of funds’ performance

    • Application of provisions described in complex legal documents (e.g. Indentures) including closing and modeling new funds.

  • Oversight of all aspects of Credit Agreement compliance and reporting for various CLO warehouses and other credit facilities, which includes items listed in point above as well as:

  • Borrowing base management and availability, ensuring compliance and timely funding of new investments.

  • Stay abreast on the current pipeline of deals to anticipate cash needs and ensure best optimization.

  • Oversight of all credit agreement financial covenants and compliance certificate reporting.

  • Close interaction with Portfolio Management team to address issues surrounding investment objectives and constraints within each fund’s investment mandate. Responsible for having an understanding of asset classes owned within each fund, which may include bank loans, bonds, equities, credit default swaps, structured products and FX hedges.

  • Close interaction with deal staff to address any question that arises as part of the reporting process.  Responsible for understanding the nature of their question and addressing accordingly either through providing additional information as needed or developing new solutions to address their needs.

  • Close interaction with Operations and outside Administrators when issues are discovered as part of the reporting process.  Responsible for determining the root cause of the issues encountered, determining effective solutions, and then overseeing the implementation of those solutions. 

  • Close interaction with Investor Relations to address any questions from investors.

  • Close interaction with internal IT and outside consultants to achieve implementation of systematic solutions/efficiencies in relation to compliance and accounting systems and recurring reporting requests.  Assist in the design of solutions, as well as ownership of the user acceptance testing and implementation of solutions.  Propose new initiatives as challenges/inefficiencies arise.

GENERAL QUALIFICATIONS

  • 3+ years of work experience in a rigorous environment. Prior experience with CLOs or other structured products a plus.

  • Audit or tax experience in public accounting a plus.

  • Strong ability to prioritize multiple responsibilities and work under tight deadlines.

  • Self-starter with initiative. Ability to work unsupervised.

  • Strong analytical problem-solving skills.

  • Strong interpersonal skills with capacity to interact with outside parties and personnel across all levels of the firm.

  • Ability to decipher complex legal documents.

  • Dedicated team player with a strong sense of ownership and follow-through skills

  • Detail-oriented, conscientious and energetic professional.

  • Strong Excel skills including the ability to develop efficient Excel templates from scratch.  Experience with macros not needed.

  • Strong ability to think outside the box to develop solutions to Frequent / Challenging / Unique Ad hoc requests in order to deliver the desired result/information when quite often starting from a blank slate.

REQUIRED EDUCATION

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

  • Major in accounting, finance and/or related degree preferred.

  • CPA or equivalent qualification a plus.  Work toward or an interest in pursuing a CFA charter a plus. 

Compensation:

Expected Annual Base Salary $90,000 – 105,000

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.

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The Company
HQ: Boston, MA
1,331 Employees
Year Founded: 1984

What We Do

Bain Capital is one of the world’s leading alternative investment firms. More than 1,200 Bain Capital employees work together at locations in Boston, Chicago, New York, San Francisco, Palo Alto, London, Dublin, Hong Kong, Shanghai, Guangzhou, Melbourne, Sydney, Madrid, Luxembourg, Munich, Mumbai, Seoul, and Tokyo to manage approximately $155 billion in assets. Founded in 1984, Bain Capital has advanced a consulting-based approach to investment. We develop close partnerships with management teams around the world, uncovering valuable insights that drive long-term value to businesses and markets. We have expanded this approach beyond private equity to several asset classes, including credit, fixed income, public equity, venture capital, and real estate. We’re dedicated to responsible business practices, and environmental, social, and governance (ESG) standards are critical considerations in our investment approach. We strive to create lasting impact for all stakeholders: our investors, our teams, our businesses, and the communities we’re a part of. We believe our shared values form the core of our competitive advantage: - We develop exceptional partnerships. We know great outcomes come from great teams. - We challenge conventional thinking. We think differently. We nurture a culture of deep objective inquiry and seek the full potential in every opportunity. - We work with tenacity. We roll up our sleeves, dig in, and come to work every day searching for better outcomes. - We believe character matters. We prize personal integrity and humility. Our team also supports a variety of charitable and nonprofit organizations by donating time, expertise and resources through the Bain Capital Community Partnership. Bain Capital Children's Charity, founded in 1996, has proven this by providing more than $55 million to 350 youth-related causes thanks to contributions from the firm’s employees and partners. Follow us for company news and updates.

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