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Managing Director, Originations, Opportunistic Credit

Marathon Asset Management, LP
Posted 2 months ago, valid for 9 days
Location

New York, NY, US

Salary

$200,000 - $300,000 per year

Contract type

Full Time

Paid Time Off
Life Insurance
Flexible Spending Account

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Sonic Summary

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  • Marathon Asset Management is a leading global asset manager with approximately $24 billion in assets under management, specializing in public and private credit.
  • The company is seeking a candidate to lead its sponsor coverage initiative within the Opportunistic Credit platform, focusing on middle-market and upper middle-market private equity sponsors.
  • Qualified applicants should possess a bachelor's degree from a top-tier university and have 15+ years of experience in investment banking or cash flow lending with established sponsor relationships.
  • The salary for this position ranges from $200,000 to $300,000 in base pay, exclusive of bonuses or additional benefits.
  • Candidates must demonstrate strong communication skills, attention to detail, and a commitment to excellence in a collaborative work environment.

Overview

Marathon Asset Management is a leading global asset manager specializing in public and private credit with ~$24 billion in assets under management. Marathon is recognized as a distinguished leader with 27+ years of exceptional performance and partnership. Marathon’s integrated global credit platform is driven by our specialized, highly experienced, and disciplined teams across Private Credit: Direct Lending, Asset Based Lending and Opportunistic Credit and Public Credit: High Yield, Leveraged Loans & CLOs, Emerging Markets, and Structured Credit. Marathon’s mission is to build lasting partnerships with an unwavering commitment to delivering best-in-class performance, service, and reliability on behalf of our clients.

Responsibilities

  • Lead Marathon’s sponsor coverage initiative within the Opportunistic Credit platform, with a focus on middle-market and upper middle-market private equity sponsors.
  • Originate differentiated private credit opportunities with a target return of mid-teen gross IRR across industries / capital structure.
  • Build and maintain strong relationships with sponsors, management teams, and intermediaries to generate proprietary deal flow.
  • Drive coverage strategy by prioritizing sponsor relationships, implementing tracking systems (CRM), and institutionalizing an effective outreach and follow-up framework.
  • Partner with investment team colleagues on underwriting, structuring, and executing investment opportunities.
  • Generate actionable intelligence on portfolio company activity, liquidity needs, and refinancing or recapitalization events.
  • Represent Marathon in the market with professionalism and credibility, reinforcing the firm’s broader reputation in credit while helping expand its footprint.
  • Collaborate internally with legal, capital markets, and portfolio operations teams to ensure investment execution and post-close engagement are seamless.

Qualifications

  • Bachelor’s degree from top tier university
  • 15+ years of experience in investment banking within a coverage team, or cash flow lending with existing sponsor relationships and originations responsibilities
  • Proven ability to develop and maintain sponsor relationships, with a middle-market / upper middle-market focus preferred
  • Possess strong written, verbal, and interpersonal communication and presentation skills
  • Ability to work under pressure in a rapidly evolving environment; strong attention to detail with a proven ability to multi-task
  • Demonstrated strong work ethic, commitment to excellence, and unquestionable integrity
  • Highly motivated self-starter who is coachable; willing to embrace a collaborative firm culture 

 

The salary range for this role is $200,000-$300,000 in base pay (exclusive of bonus or benefits above and beyond the base pay). 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.  Marathon benefit highlights include (but are not limited to) Medical/Pharmacy, Dental, Vision, HSA, FSA, STD/LTD, Life Insurance, PTO, Commuter Benefits, and company provided lunches.

 

No agencies, pleaseEqual Opportunity Employer M/F/D/V




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