New York Veterans Jobs

Department of Labor Careers

Job Information

Marathon Asset Management LP Senior Vice President and Counsel, Commercial Real Estate in New York, New York

Formed in 1998 by Bruce Richards (Chief Executive Officer) and Louis Hanover (Chief Investment Officer), Marathon Asset Management, L.P. seeks attractive absolute returns through investments in the global credit markets and real estate related markets. With approximately $20 billion in assets under management, Marathon’s core competency is opportunistic investing in the global corporate, emerging market and structured credit markets based on fundamental, bottom-up research across distinct investment funds, managed vehicles, and separate accounts.

Marathon’s private credit business includes direct asset based lending and investment, including real estate, healthcare, aircraft, shipping and other assets.

Marathon’s team has significant experience investing in credit dislocations through multiple cycles. Marathon’s team is fully integrated to capitalize on credit opportunities globally, with its headquarters in New York and offices in both London and Tokyo. Marathon possesses a unique, broad-based skill set and proprietary platform to research, analyze and act upon complex capital structures and situations.

Marathon is seeking an attorney with 3-5 years’ experience to serve as legal counsel for Marathon’s market leading investment team that specializes in originating and purchasing loans secured by all types of commercial real estate properties.

  • Legal businessperson with primary responsibility to provide legal support for all aspects of Marathon’s U.S. commercial real estate platform; depending on experience, provide backup support for Marathon’s maritime, aircraft and structured products platform

  • Provide legal and structuring advice; review, draft and/or negotiate documentation with respect to all U.S. commercial real transactions, including loan documents, term sheets, non-disclosure agreements, engagement letters and other related documentation

  • Provide meaningful legal support and guidance in connection with all asset management matters, including review of leases, SNDAs, contracts, management agreements and future funding draw requests

  • Direct involvement in, and primary legal support for, the negotiation and closing of all warehouse financing facilities and the securitization of portfolio loans; direct support and assistance for Marathon’s existing CRE CLO and warehouse lines of credit

  • Direct involvement in, and primary legal support for, all real estate loan workouts, restructurings, forbearances, foreclosures and portfolio related litigation matters

  • Coordinate with operations and tax teams on the development and structuring of current and potential new commercial real estate initiatives

  • Advise on legal, regulatory and reputational issues and risks arising on real estate transactions and work closely with the wider Marathon legal and compliance teams on fund legal 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

  • Juris Doctor degree (or equivalent), and membership in good standing of the New York State bar

  • 3-5 years’ progressive experience in commercial real estate finance, ideally with some in-house legal experience at a real estate fund or investment management fund that focuses on commercial real estate. Additional experience with other secured asset based finance areas (aircraft, shipping, residential mortgages and/or consumer loans) a plus but not required

  • Strong decision making and communication skills and relationship building qualities

  • Demonstrated ability to appropriately assess and manage legal and reputational risk and demonstrate sound judgment in the resolution of such matters

  • Ability to thrive in a fast-paced, dynamic, and demanding open-office environment (temporarily remote)

  • 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

  • Strong computer skills including Microsoft Word, Excel, PowerPoint and Outlook

No agencies, please

Equal Opportunity Employer M/F/D/V

ID: 2021-1039

External Company Name: Marathon Asset Management, LP

External Company URL:

Street: 1 Bryant Park