PCG RE Debt, Vice President

Bain Capital; Town of Madison (NY); On-site; USD 200,000 - 250,000; Full time

Job summary

Bain Capital Credit in New York seeks a Vice President to join the Real Estate Debt team. You will evaluate, underwrite, structure and manage investments across real estate credit opportunities, leading transaction execution from diligence through closing.

The role requires 7+ years in real estate private credit or related fields, strong financial modeling, and the ability to lead junior staff and coordinate with borrowers and sponsors.

Qualifications

• 7+ years of relevant experience in real estate private credit, CRE lending, or related field.
• Strong underwriting and execution capabilities for complex CRE transactions.
• Excellent analytical and financial modeling skills.

Responsibilities

• Evaluate and underwrite real estate credit opportunities across asset classes and geographies.
• Lead transaction execution from diligence through closing.
• Assess property fundamentals, sponsorship, business plans, capital structures, and risk.
• Build and maintain financial analyses and investment materials.
• Structure terms including leverage, pricing, covenants, and protections.
• Coordinate due diligence across legal, financial, market, and third parties.
• Present recommendations to senior investment committees.
• Develop relationships with borrowers, sponsors, lenders, and brokers.
• Monitor portfolio and manage amendments, restructurings, or post-closing matters.
• Lead and develop junior investment professionals.

Skills

Real estate credit underwriting

Financial modeling

Investment analysis

Leadership

Communication

Education

Bachelor’s degree

Tools

Excel

Job description

PCG Real Estate Debt - Vice President

With approximately $225 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 approximately $65 billion in assets under management as of December 31, 2025. We invest across the full spectrum of credit strategies, including leveraged loans, high-yield bonds, direct lending, structured products, non-performing loans, and equities. Through our numerous funds, we have the ability to invest in every level of a company’s capital structure from secured debt to equity, and we can also provide capital to growing companies with unique financing needs. Bain Capital Credit has a world-class team of over 115 investment professionals with extensive experience analyzing and managing high-yield investments. We are currently hiring a VP to work with our Credit Real Estate Debt team in our New York office. The team invests across a broad range of real estate credit opportunities, including senior mortgages, subordinate debt, preferred equity, construction financing, and other structured investments. The role will involve evaluating, underwriting, structuring, executing, and managing investments across property types and markets. The successful candidate will be expected to exercise strong investment judgment, lead transaction execution, and work closely with senior investment professionals, borrowers, sponsors, intermediaries, and internal stakeholders.

Responsibilities

• Evaluate and underwrite real estate credit investment opportunities across asset classes and geographies.
• Lead transaction execution from initial diligence through closing.
• Assess property fundamentals, sponsorship, business plans, capital structures, market dynamics, and downside risk.
• Build and oversee financial analyses, sensitivities, and investment committee materials.
• Structure and negotiate transaction terms, including leverage, pricing, covenants, reserves, guarantees, and other credit protections.
• Coordinate legal, financial, market, and third-party diligence.
• Present investment recommendations and key considerations to senior investment professionals and investment committees.
• Develop and maintain relationships with borrowers, sponsors, lenders, brokers, and other market participants.
• Monitor portfolio investments and evaluate amendments, extensions, restructurings, and other post-closing matters.
• Lead and develop junior investment professionals across underwriting and execution.

Qualifications

• Minimum of 7+ years of relevant experience in real estate private credit, commercial real estate lending, real estate investing, investment banking, or a related field.
• Demonstrated experience underwriting and executing complex commercial real estate transactions.
• Strong understanding of real estate valuation, property-level cash flow, capital structures, and credit documentation.
• Excellent analytical and financial modeling skills.
• Strong judgment, attention to detail, and ability to identify and assess key investment risks.
• Excellent written and verbal communication skills.
• Ability to manage multiple transactions and work effectively in a fast-paced, team-oriented environment.
• Demonstrated leadership and ability to develop junior team members.
• Bachelor’s degree required.

Compensation

Expected Annual Base Salary: $200k - $250k. Actual base salary will be determined by a wide range of factors including but not limited to role, function, level, experience, 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, and 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.

Founded in 1984, Bain Capital is one of the world’s leading private investment firms. We are committed to creating lasting impact for our investors, teams, businesses, and the communities in which we live. As a private partnership, we lead with conviction and a culture of collaboration, advantages that enable us to innovate investment approaches, unlock opportunities, and create exceptional outcomes. Our global platform invests across five focus areas: Private Equity, Growth & Venture, Capital Solutions, Credit, and Real Assets. In these focus areas, we bring deep sector expertise and wide-ranging capabilities. We have 24 offices on four continents, more than 2,000 employees, and approximately $225 billion in assets under management.

To learn more, visit www.baincapital.com. Follow @BainCapital on LinkedIn and X (Twitter).

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