What are the responsibilities and job description for the Associate – Aviation Finance Team position at Marathon Asset Management?
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. 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.
Position Summary:
The Associate will join the Aviation Finance team, which transacts in privately negotiated acquisitions of aircraft and engine leases. Based in New York City, the position provides an exceptional opportunity for individuals interested in gaining experience in aviation finance with room for personal and professional development. The Associate will assist with all aspects of building and managing the aviation investment portfolio, with a particular focus on underwriting new investments and performing due diligence. In addition, the Associate will contribute to monitoring, analyzing, and reporting on existing investments.
Prior aviation experience is required, ideally in a leasing or investment management capacity. Individuals with aviation-specific backgrounds in banking, credit, valuation, or technical disciplines will be considered as well. Stellar performers will have significant room for growth.
Responsibilities
- Build and maintain complex pricing models for potential aircraft and engine acquisitions.
- Support the preparation of investment memoranda, including detailed commentary on investment themes, key risks, valuation methodologies, scenario analyses, and potential exit strategies.
- Contribute to financing initiatives by compiling and presenting key transaction data to financiers and supporting their underwriting processes.
- Assess the strategic and financial attractiveness of potential monetization events including re-leases, lease extensions, engine leases, refinancings, or asset sales.
- Assist with monitoring existing aviation investments by tracking flight history and maintenance condition and by maintaining internal asset management databases.
Qualifications
- Bachelor's degree from a top-tier university
- 2 – 4 years’ experience in aircraft leasing or aviation-related private equity, investment management, valuation, investment banking, consulting, or technical work
- Demonstrable skills in Excel/PowerPoint; programming experience is a plus (python, VBA, etc.), but not mandatory
- Strong understanding of aircraft leasing, finance, statistics, and accounting principles
- Exceptional quantitative aptitude
- Highly developed verbal and written communication skills, including technical writing abilities
- Ability to work independently and as part of a team
- Proactive thinking with detail-oriented and creative problem-solving approach
- Strong work ethic, commitment to excellence and motivation to learn
- Exceptional organization skills and attention to detail, with the ability to multitask
- Candidate should be a coachable team player who is willing to embrace a collaborative firm culture
Compensation
The salary range for this role is $125,000-$150,000 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, please
Equal Opportunity Employer M/F/D/V
Salary : $125,000 - $150,000
