What are the responsibilities and job description for the Opportunistic Credit - Associate position at Marathon Asset Management, LP?
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 $23 billion in assets under management across the corporate, real estate, structured credit, asset-based credit & emerging 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 Miami, Los Angeles, London and Luxembourg.
The Opportunistic Credit Team focuses on public and private credit investing across the capital structure. The team is seeking Associates to join the New York team, with the following responsibilities:
Responsibilities
- Support team in analyzing and executing credit investments across the capital structure in a variety of industries and geographies
- Participate in the investment process including:
- Prepare detailed investment committee memorandums
- Build and maintain detailed financial models
- Perform extensive due diligence
- Conduct industry deep dives
- Work with third party advisors
- Present opportunities to senior investment professionals and investment committee
- Participate in frequent calls with key management executives, industry experts, law firms, operational and balance sheet restructuring advisers, and sell-side/buy-side network to continually evaluate business strategy and company outlook
- Actively monitor performance of existing portfolio companies and stay current with relevant industry trends
Qualifications
- Bachelor’s degree from top tier university
- 2-3 years of experience; investment banking, private credit or private equity
- Demonstrated strong work ethic, commitment to excellence, and unquestionable integrity
- Highly motivated self-starter who is coachable; willing to embrace a collaborative firm culture
- Possess strong written, verbal, and interpersonal communication and presentation skills
- Strong quantitative and financial modeling skills
- Analytically strong and intellectually inquisitive
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. Marathon benefits highlights includes (but are not limited to) Medical/Pharmacy, Dental, Vision, HSA, FSA, STD/LTD, Life Insurance, PTO, Commuter Benefits and company provided lunches.
No agencies, please
Equal Opportunity Employer M/F/D/V
Salary : $125,000 - $150,000
