Fixed Income Global Trade Support

Overview

Marathon Asset Management is a leading global asset manager specializing in public and private credit with ~$24 billion in assets under management. Marathon is recognized as a distinguished leader with 27+ 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’s mission is to build lasting partnerships with an unwavering commitment to delivering best-in-class performance, service, and reliability on behalf of our clients.

This Global trade role supports the day-to-day business-as-usual (BAU) processes and reporting within the firm's Structured Credit Fixed Income operations function. The successful candidate will be responsible for the daily reconciliation of cash, position and trading activity; daily and monthly P&L reporting along with month end NAV process, and ongoing liaison with internal trading desks, prime brokers, and external counter parties. The position operates in a fast-paced, high-volume environment and requires strong attention to detail, clear communication skills, a reconciliation mindset and a proactive approach to resolving discrepancies.

A familiarity &/or foundational knowledge of fixed income markets, with a focus on structured securities (ABS/CMBS/CRE/Aviation).

• Trade Lifecycle & Settlement
  • Capture, validate, and confirm trades across structured credit (CLOs, ABS, CDOs), CRE loans, aviation finance, and shipping finance products
  • Manage the full trade lifecycle from execution through settlement, ensuring accurate and timely booking
  • Resolve trade breaks, settlement fails, and discrepancies with counter parties, custodians, and internal desks
• Reconciliation & Controls
  • Perform daily position, cash, and P&L reconciliations between front office, middle office, and accounting systems
  • Investigate and escalate breaks, unmatched trades, and aged items
  • Ensure adherence to internal controls, regulatory requirements, and audit standards
• Product-Specific Support
  • Support complex structured credit workflows including waterfall payments, paydowns, factor updates, and cashflow processing
  • Handle bespoke documentation and settlement nuances for illiquid assets (CRE loans, aircraft, vessels)
  • Track collateral, amortization schedules, and periodic interest/principal payments
• Counter party & Stakeholder Management
  • Act as liaison between trading desks, sales, operations, legal, and external counter parties/agents
  • Coordinate with custodians, administrators, trustees, and paying agents
  • Manage onboarding of new counter parties and accounts (KYC/documentation coordination)
• Data, Reporting & Static
  • Maintain accurate static data, reference data, and security setups for new and existing instruments
  • Produce daily/periodic reporting on positions, exposures, settlements, and exceptions
  • Support month-end close, valuations, and inputs to risk and finance functions
• Process Improvement & Projects
  • Identify and implement process efficiencies and automation opportunities
  • Support system enhancements, UAT, and onboarding of new products or asset classes
  • Contribute to regulatory and control-related initiatives

• Experience & Background
  • 2–6 years of trade support, middle office, or operations experience within an investment bank, asset manager, or hedge fund
  • Direct exposure to fixed income products; experience with structured credit (CLOs, ABS, CDOs) and/or loan-based products (CRE, aviation, shipping finance) strongly preferred
  • Understanding of the full trade lifecycle, settlement processes, and…