Associate, Business Development & Investor Relations: Family Office, High-Net-Worth & Intermedi[...]

Marathon Asset Management; New York (NY); On-site; USD 125,000 - 140,000; Full time

Job summary

An established industry player is seeking a dynamic Associate to join their Business Development and Client Solutions team in New York City. This role focuses on building and maintaining relationships with Family Offices, Private Wealth, and High-Net-Worth clients. The successful candidate will leverage their financial services experience to drive sales and enhance client engagement through exceptional service and strategic relationship management. If you thrive in a fast-paced environment and have a passion for alternative credit, this is a fantastic opportunity to grow your career and make a significant impact in a collaborative team setting.

Benefits

Medical/Pharmacy

Dental

Vision

HSA

FSA

STD/LTD

Life Insurance

PTO

Commuter Benefits

Company Provided Lunches

Qualifications

• 3+ years in financial services with focus on alternative credit.
• Strong communication and organizational skills are essential.

Responsibilities

• Drive sales within assigned territories and manage client relationships.
• Maintain CRM and provide high-level client service.

Skills

Verbal Communication

Written Communication

Client Relationship Management

Sales Skills

Organizational Skills

Analytical Skills

Education

Undergraduate Degree from a Top-Tier Institution

Tools

Microsoft Office

SalesForce

Job description

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 Associate, which must be New York City-based, will support the Business Development and Client Solutions team with a focus on Family Office, Private Wealth, High-Net-Worth & Intermediary Relationships (Private Bank, Wirehouse, Multi-Family Offices & Registered Investment Advisors “RIAs”). He or she will maintain a high level of contact and client service with all clients and prospects, with the goal of accelerating the adoption of the GP’s investment solutions. This individual will be the subject matter expert across Marathon’s diverse set of alternative credit offerings and will work very closely alongside the Managing Director and Partner(s) who lead the effort. If successful in his or her role, this can develop into an externally facing position with direct ownership of client relationships and fundraising targets.

Responsibilities

• Partner with Business Development and Client Solutions Team to drive sales within assigned territory(s).
• Support client relationships with Family Offices, RIAs, Private Banks, financial advisors and other intermediary clients/prospects by managing call and meeting scheduling, agenda development, email follow-ups and meeting notes.
• Maintain and update detailed internal CRM system to log all client and prospect-related activity on a daily basis.
• Maintain a high-level of client service by answering inbound inquiries and working with the broader Marathon team (Portfolio Managers, Operations, Marketing, Finance, Legal & Compliance).
• Leverage third-party databases and research to establish and execute on territory plans, including trip planning.
• Detailed profiling of clients and prospects in order to understand their investment goals to better match our GP’s solutions with their needs.
• Demonstrated ability to understand and articulate GP’s sophisticated products (fund objectives, terms, exposures, strategy, positioning, performance attribution, etc.) both verbally and in written form.
• Take a consultative approach in profiling prospective clients in order to understand their business, clients and investment challenges to better match GP’s solutions to their needs.

Qualifications

• 3+ years financial services experience (Asset or Wealth Management, Sales & Trading, Investment Banking, Hedge Fund or Private Equity etc); with a preference towards alternative credit-oriented experience or backgrounds.
• Excellent academic credentials including an undergraduate degree from a top-tier institution.
• Strong verbal and written communication (assessed via resume & case study assignment).
• Technically proficient; Microsoft Office and SalesForce.
• Exceptional organizational skills with diligent and methodical approach to complicated tasks.
• Strong interpersonal skills, verbal and written communication.
• Ability to stay individually focused while also working well in a fast-paced, team environment.

The average salary for this role is $125,000 - $140,000 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