Transaction Attorney

Marathon Asset Management, L.P.; Town of Hempstead (NY); On-site; USD 150,000 - 275,000; Full time

Job summary

An established industry player is on the lookout for a talented attorney to join their dynamic team in New York. This role focuses on providing legal support for asset-based lending and investment, particularly in commercial real estate and transportation assets. You will be involved in negotiating and closing financing facilities, drafting critical documentation, and managing relationships with outside counsel. The ideal candidate will have a Juris Doctor degree, be a member of the New York State bar, and possess 5-15 years of relevant experience. This is an excellent opportunity to thrive in a fast-paced environment while making a significant impact on the firm's operations.

Qualifications

• Mid-Senior level attorney with 5-15 years’ experience in commercial real estate or transportation financing.
• Membership in good standing with the New York State bar is required.

Responsibilities

• Provide legal support for asset-based lending and investment platform.
• Review, draft, and negotiate documentation for asset-based investments.

Skills

Commercial Real Estate Financing

Transportation Financing

Legal Risk Assessment

Negotiation Skills

Attention to Detail

Education

Juris Doctor degree

Job description

Overview

Marathon Asset Management 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).

Marathon is seeking an experienced attorney to support and work closely with Marathon’s market leading private credit, asset-based investment team, working on site at our New York headquarters. The team focuses on investing and financing all types of assets, including commercial real estate, aircraft, ships, receivables, structured products and other asset classes. Title will be commensurate with experience.

Responsibilities

• Primarily responsible to provide legal support for all aspects of Marathon’s asset-based lending and investment platform, with a particular focus on commercial real estate and transportation assets (aircraft, ships, etc.); strong preference will be given to candidates that have the requisite experience to provide additional support for other asset-based strategies.
• Review, draft and negotiate documentation with respect to, and provide legal and structuring advice concerning, all asset-based investments and loans, including the formation and structuring of investments, and the review and/or preparation of joint venture and partnership agreements, loan documents, term sheets, non-disclosure agreements, engagement letters and other related documentation.
• Direct involvement in, and primary legal support for, the negotiation and closing of warehouse and other back-leverage financing facilities, as well as the securitization of portfolio loans and assets.
• Provide meaningful legal support and guidance in connection with all asset management matters.
• Direct involvement in, and legal support for, all real estate loan workouts, restructurings, forbearances, foreclosures and portfolio related litigation matters.
• Coordinate and manage outside counsel, including management of legal costs; maintain relationships with outside counsel and oversee the internal approval of all legal counsel.

Qualifications

• Mid-Senior level attorney with 5-15 years’ experience in at least one of the following two areas: commercial real estate (financing) or transportation (financing and/or investing in aircraft, ships or other assets); attorneys with significantly more or less experience will not be considered.
• Juris Doctor degree (or equivalent), and membership in good standing with the New York State bar (or ability to waive into the New York State bar).
• Progressive experience in transportation investment and finance and/or commercial real estate, ideally with in-house legal experience at a multi-strategy investment manager.
• Experience with other secured asset-based finance areas is preferred, but not required.
• Familiar with all aspects of cross-border and international asset-based investment and finance transactions, including a familiarity with issues related to taxation.
• Demonstrated ability to appropriately assess and manage legal and reputational risk, and demonstrate sound judgment in resolving such matters.
• Willingness to learn and cover areas that are unfamiliar to the candidate.
• Ability to thrive in a fast-paced, dynamic, and demanding open-office environment.
• Ability to prioritize efficiently and manage a complex, time sensitive workload.
• Excellent attention to detail and accuracy.
• Willingness to learn new areas of law to cover other businesses and investment initiatives.

The average salary for this role is $150,000 - $275,000 in base pay and is exclusive of any bonuses or benefits which are also part of the compensation package. The base pay offered will be determined based on your experience, 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.

Equal Opportunity Employer M/F/D/V.