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profile Job Location:

New York City, NY - USA

profile Monthly Salary: $ 200000 - 250000
Posted on: 16 hours ago
Vacancies: 1 Vacancy

Job Summary

Overview

Marathon Asset Management is a leading global asset manager specializing in public and private credit with $23 billion in assets under management. Marathon is recognized as a distinguished leader with 27 years of exceptional performance and partnership. Marathons 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. Marathons mission is to build lasting partnerships with an unwavering commitment to delivering best-in-class performance service and reliability on behalf of our clients.

We are currently seeking to add a Director to our Structured Credit team. The Director will join a closely collaborative entrepreneurial team of seasoned investment professionals supported by Marathons global platform and will have direct access to senior investment professionals and portfolio managers.

Responsibilities

  • Assume a leading role in analyzing and executing structured credit investments with a focus primarily on the RMBS cusip markets and secondarily on the ABS cusip markets. Investments can span the full capital structure. Examples include:
    • RMBS: CRT Non-QM RPL/NPL HELOCs others
    • ABS: consumer auto student loans others
  • Participate in all stages of the investment and decision-making process including idea generation underwriting modeling execution and asset management. Interface directly with counterparties. Tasks will include:
    • Idea generation: monitoring capital markets conditions such as credit spreads daily BWICs offer sheets out of comp opportunities and forward new issuance calendars
    • Underwriting: performing cash flow analysis and reviewing capital structures of prospective investment opportunities building and maintaining detailed cash flow models in Intex and Excel
    • Asset Management: regularly reviewing actual performance vs. underwritten assumptions reporting portfolio composition and performance staying current with relevant regulatory developments and preparing materials for current and prospective investors

Qualifications

  • BA or BS degree with strong GPA
  • 7 years experience in the structured credit capital markets with experience in a risk-taking role Bloomberg Intex and Excel proficiency a must. SQL and VBA experience a plus
  • Strong quantitative cash flow modeling and analytical skills
  • 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 $200000 - $250000 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.

No agencies please

Equal Opportunity Employer M/F/D/V

OverviewMarathon Asset Management is a leading global asset manager specializing in public and private credit with $23 billion in assets under management. Marathon is recognized as a distinguished leader with 27 years of exceptional performance and partnership. Marathons integrated global credit pla...
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About Company

Marathon is a leading global asset manager specializing in the public and private credit markets with an unwavering focus on risk-management and exceptional performance. Marathon is grounded in the alignment of interest to meet our clients' investment objectives as we build and mainta ... View more

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