What are the responsibilities and job description for the Liquid Structured Credit – Portfolio Manager position at Bain Capital?
Liquid Structured Credit - Portfolio Manager
Liquid And Structured Credit Overview
Bain Capital began investing in Liquid and Structured Credit in 1998, with approximately $37.4B in assets under management today. Our Liquid and Structured Credit strategy invests in leveraged loans, high-yield bonds, CLOs, and structured credit products in both single-sector and multi-asset approaches. Bain Capital Credit is also a large and experienced issuer and manager of CLOs.
We are looking for a Vice President/Director to join the LSC Portfolio Management team. This individual will be based in our Boston office, working across Multi-Asset Credit (MAC) strategies and Global Loan mandates. Our MAC strategy allocates globally across liquid, structured, private, and opportunistic investments. Within MAC we have both liquid and semi-liquid strategies, and this individual would work across both. Our Global Loan strategy focuses on leveraged loans with the flexibility to add high-yield bonds and CLO tranche investments. The Portfolio Management team is focused on both top-down asset allocation and bottom-up credit selection.
Responsibilities Include
Liquid And Structured Credit Overview
Bain Capital began investing in Liquid and Structured Credit in 1998, with approximately $37.4B in assets under management today. Our Liquid and Structured Credit strategy invests in leveraged loans, high-yield bonds, CLOs, and structured credit products in both single-sector and multi-asset approaches. Bain Capital Credit is also a large and experienced issuer and manager of CLOs.
We are looking for a Vice President/Director to join the LSC Portfolio Management team. This individual will be based in our Boston office, working across Multi-Asset Credit (MAC) strategies and Global Loan mandates. Our MAC strategy allocates globally across liquid, structured, private, and opportunistic investments. Within MAC we have both liquid and semi-liquid strategies, and this individual would work across both. Our Global Loan strategy focuses on leveraged loans with the flexibility to add high-yield bonds and CLO tranche investments. The Portfolio Management team is focused on both top-down asset allocation and bottom-up credit selection.
Responsibilities Include
- Active member of asset allocation committee, holding regular discussions with the Analytics Team and the broader portfolio management team; strive to be a dynamic participant in macro discussions.
- Review and debate credits with industry teams, trading desk, and other portfolio managers; expected to have a view on which credits to add or reduce within the portfolio.
- Ideate, debate, and send trades to construct and rebalance portfolios.
- Communicate frequently with current and prospective investors, including providing market updates and articulating portfolio positioning and performance.
- Strong academic credentials and a demonstrated track record of successful work experience
- 6-15 plus years of professional experience ideally in an investment management firm or public or private investing. Credit investing experience is preferred. Portfolio management experience is not required.
- Excellent communication skills; able to synthesize market dynamics and to articulate insightful conclusions compellingly. Open to spirited debate over ideas.
- Experience interacting with and presenting to groups; demonstrated relationship-building and networking skills
- Intrigued by macro themes and discussions; interest in asset allocation discussions and portfolio construction and rebalancing
- A passion for investing
- Proven ability to work collaboratively in team environment
