Managing Director, Originations, Opportunistic Credit

Marathon Asset Management, LP•New York, NY

5d•$200,000 - $300,000

About The Position

Overview Marathon Asset Management is a global credit investment manager with $22 billion in assets under management. The Opportunistic Credit Team focuses on public and private credit investing across the capital structure. As we continue to grow our funds and investments, the team is seeking a Managing Director, Originations professional to join the Opportunistic Credit team in New York. Reporting directly to the Head of US Opportunistic Credit, the Managing Director will play a pivotal role in the success of our Opportunistic Credit investment strategy, serving as our coverage officer with key responsibilities on managing and expanding Marathon’s sponsor relationships and originating private credit investments.

Requirements

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

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.