Skip to Main Content

Job Title


Analyst/Associate, Asset Based Lending Team


Company : Marathon Asset Management LP


Location : New York City, NY


Created : 2026-04-04


Job Type : Full Time


Job Description

Marathon is a leading global asset manager specializing in public and private credit with approximately $23 billion in assets under management. Marathon is recognized as a distinguished leader with 26.2+ 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)We are seeking to add an analyst/associate to join our Private Credit & Public securities Asset Management team, with a focus on asset-based lending (ABL) across specialty finance, real-asset, and structured credit platforms. This role supports senior portfolio managers in monitoring performance of collateral-backed credit investments, conducting data-driven surveillance, and ensuring compliance with portfolio documentation. The analyst/associate will join a closely collaborative, entrepreneurial team of seasoned investment professionals supported by Marathon’s global platform. This is an exciting opportunity to contribute to multiple dimensions of asset-based finance, asset allocation modeling and portfolio optimization. As the role develops the person may have the opportunity to work on investment themes in the structured Enhance asset and portfolio management functions and contribute to fundraising efforts through:Active monitoring and reporting of existing portfolio exposures and performancePreparation of performance, commentary, and marketing materials for current and prospective investorsIdentify emerging risks and performance deviations; escalate issues to senior asset managersAssist with valuation updates, and reports for investment committee and risk committees respectivelyAssist and prepare materials for portfolio reviewsContribute to internal and external reporting packages for investors and risk oversight teamsIn addition, the role could focus on supporting senior investment professionals in analyzing structured credit / asset-based investments across a range of sectors, with a focus on, but not limited to, the residential and consumer credit sectors. Examples include:Consumer loans, mortgages and other asset based debtPrivate Credit Asset Management Liquid structured credit securities (ABS, CLO, CMBS, RMBS)BA or BS degree showing strong quantitative skills2+ years’ experience in the fixed income/credit markets requiredExperience analyzing consumer, auto, residential, equipment, or other asset-backed portfolios is preferredProficiency in MS Office suite (Excel, PowerPoint, Word, etc.), VBA and MS SQL are requiredExperience and comfort with programming languages and statistical packages is a plus (Python/C++)Solid understanding of bond math and cashflow modelling fundamentalsExcellent written, verbal, and interpersonal communication and presentation skillsAbility to handle multiple projects at the same timeOutstanding work ethic, ability and desire to work in a dynamic and fast paced environmentStrong motivation and desire to learnThe salary range for this role is $115,000-$135,000 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