Marathon Asset Management · 1 week ago
Vice President of Operations Asset Based Lending
New York, NY
Full-time
Onsite
Mid, Senior Level
$150K/yr - $200K/yr
5+ years expMarathon Asset Management is a recognized leader in asset-based lending (ABL) with a strong reputation for excellence. The Vice President of Operations will oversee the operational aspects of Marathon’s ABL platform, ensuring compliance, managing transactions, and supporting growth strategy.
Emerging MarketsFinanceReal Estate
Responsibilities
Oversee day-to-day operations related to loan and lease transactions, including booking, funding, direct and third-party servicing, collections, and payoffs
Portfolio reconciliations and exception reporting
Prepare transaction funding requests
Manage the flow of documentation from origination through closing and post-funding, ensuring accuracy of economic terms throughout the booking process
Coordinate with third-party accounting firms to reconcile transactions, financial reporting, and audit support
Supervise onboarding and ongoing management of third-party providers (e.g., servicers, lenders, software technology providers)
Perform AML/KYC, OFAC, and other regulatory checks for new and existing clients
Coordinate and support legal entity management and regulatory filings
Collateral tracking and lien perfection (UCC filings, title/lien searches, insurance verification)
Develop and enforce operational policies, procedures, and controls to ensure efficiency and compliance
Identify process improvements and implement best practices to streamline workflows
Prepare and submit warehouse lender reporting packages, including borrowing base certificates, collateral schedules, and covenant compliance reports
Monitor borrowing availability, advance rates, and collateral eligibility in line with warehouse and term financing agreements
Coordinate wire transfers, payment reconciliations, and cash movement for loan and lease transactions
Manage buybacks of ineligible collateral, substitutions, and related communications with warehouse agents
Work closely with business development, underwriting, credit, legal, portfolio management, and finance teams to ensure smooth transaction execution and servicing
Assist with recruiting, training, and mentoring operations staff as the business scales
Serve as liaison with outside counsel, auditors, and technology vendors
Qualification
Required
5+ years in ABL, equipment finance, specialty lending, or private credit, with direct operation or accounting experience
At least a bachelor's degree in accounting or business administration
Systems integration and implementation
White glove customer service
Strong accounting background
Transaction booking and servicing
Entrepreneurial builder comfortable growing and scaling the platform
Preferred
Borrowing base calculation, collateral analysis, and senior lender reporting is a plus
Benefits
Medical/Pharmacy
Dental
Vision
HSA
FSA
STD/LTD
Life Insurance
PTO
Commuter Benefits
Company provided lunches
Company
Marathon Asset Management
Marathon Asset Management LP is a global alternative investment and asset management company with approximately $11 billion in capital
51-200 employees
H1B Sponsorship
Marathon Asset Management has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2023 (4)
2022 (1)
2021 (1)
2020 (5)
Funding
Current Stage
Growth StageTotal Funding
unknown2016-06-22Private Equity
Leadership Team
Scot Pasquale
Chief Financial Officer
Jamie Raboy
Chief Operating Officer, Chief Risk Officer
Recent News
2025-12-15
GlobeNewswire
2025-12-05
Company data provided by crunchbase