Structured Credit Associate

- 6 active jobs (view)
- careers-marathonfund.icims.com
Description
Overview
Marathon Asset Management is a market and cycle-tested global alternative credit manager founded in 1998 by Bruce Richards (Chief Executive Officer) and Louis Hanover (Chief Investment Officer). The firm manages approximately $21.4 billion in assets under management across the corporate, real estate, structured credit and asset-based credit markets. Marathon’s team is fully integrated to capitalize on credit opportunities globally in both the public and private credit markets, with its headquarters in New York and offices in London, Tokyo, Luxembourg, Miami and Los Angeles.
We are currently seeking to add an Associate to our team. The Associate will join a closely collaborative, entrepreneurial team of seasoned investment professionals supported by Marathon’s global platform and will have direct access to senior investment professionals and portfolio managers.
Responsibilities
- Support senior investment professionals in analyzing and executing private structured credit investments across a range of structures and specialty finance sectors:
- Example structure types: asset purchases, forward flow arrangements, senior finance facilities, second lien finance facilities, joint ventures
- Example asset classes: equipment finance, receivables finance, consumer loan products, non-agency first and second lien mortgages, small business loans
- Participate in all stages of the investment and decision-making process, including idea generation, underwriting, modeling, execution, and asset management. Tasks will include:
- Preparation of investment committee memorandums
- Building and maintaining detailed cash flow models
- Performing due diligence on prospective investment opportunities
- Interfacing directly with counterparties, including sellers, borrowers, and finance partners
- Staying current with capital markets conditions and relevant regulatory developments
- Support asset and portfolio management functions and contribute to fundraising efforts through:
- Active monitoring and reporting of existing portfolio performance
- Preparation of performance, commentary, and marketing materials for current and prospective investors
Qualifications
- BA or BS degree with strong GPA
- 2-6 years experience in the structured credit markets, preferably in an investment banking, trading or investing role
- Excel and PowerPoint proficiency a must. SQL and VBA experience a plus
- Strong quantitative, cash flow modeling, and analytical skills
- Critical thinking and strong attention to detail are a must
- Excellent written, verbal, and interpersonal communication and presentation skills
- Ability to monitor multiple markets at the same time
- Outstanding work ethic, ability and desire to work in a dynamic and demanding environment
- Highly motivated self-starter who is coachable
The average salary for this role is $125,000-150,000 in base pay and exclusive of any bonuses or benefits. The base pay offered will be determined based on your experience, location, skills, training, certifications and education, and in addition we will also consider internal equity and market data. We do not anticipate that candidates hired will begin at the top of the range however, from time to time, it may occur on a case by case basis.
No agencies please
Equal Opportunity Employer M/F/D/V
Structured Credit Associate in Miami, Florida | Careers at Miami (icims.com)