Overview
CVC Marathon is a leading global asset manager specializing in public and private credit with ~$23 billion in assets under management. CVC Marathon is recognized as a distinguished leader with 27+ years of exceptional performance and partnership. CVC 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. CVC 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. As part of the asset-based lending group, the Aviation Finance team focuses on aircraft and engine leases employing disciplined technical and credit-intensive research.
CVC Marathon’s Aviation Finance group has a 21-year history of success investing in privately negotiated aircraft and engine leases with airlines worldwide. The team is seeking a Vice President, Technical Management based in New York, Dublin, Los Angeles or Remote. The successful candidate will take on a broad, hands-on role across the portfolio and play a meaningful part in the team’s success. Lean teams provide significant exposure to senior members of the business and direct involvement in all aspects of the investment process including technical diligence, pricing, execution and post-closing portfolio management. Prior experience in an aviation technical role at an aircraft lessor, airline or OEM is required.
Responsibilities
- Review maintenance reserve rates, balances and claims, including annual rate escalations and lessor contribution balances
- Support the implementation of an aviation software program and database, including the input and audit of technical data
- Compile and review maintenance forecasts, including the timing, workscopes and costs of major maintenance events, particularly for engines
- Review and sign off on customer queries, including transition budgets, expense reimbursements and minor maintenance workscopes
- Review lease redeliveries and transitions, coordinating with lessees, MROs, legal counsel and third-party servicers
- Assist with technical diligence on contemplated aircraft and engine acquisitions, including records review and assessment of maintenance condition
- Assist with aircraft pricing and modeling by reviewing maintenance fly-forwards, key maintenance assumptions, maintenance payouts and redelivery compensation
Qualifications
- Bachelor’s degree in Engineering or a relevant technical discipline
- 4 – 8 years’ experience in an aviation technical role at an aircraft lessor or OEM
- Technical knowledge of aircraft and engine maintenance, with the ability to judge commercial and economic impacts
- Knowledge of maintenance programs across current- and new-technology narrowbody engines (CFM56, V2500, LEAP and PW1100G) and an ability to assess shop visit workscopes and the reasonableness of maintenance event costs
- Working knowledge of the technical provisions of aircraft and engine lease agreements, including maintenance reserve, return compensation, return condition and redelivery provisions
- Experience with aviation software platforms (AerData, Leaseworks, Sysco, Leasepoint, Aerlytix, etc.) a plus
- Demonstrable skills in Excel and PowerPoint a plus, but not required
- Highly developed verbal and written communication skills
- Proactive thinking with detail-oriented and creative problem-solving approach on technical matters
- Strong work ethic and commitment to excellence, with the ability to take ownership and responsibility
- Exceptional organization skills and attention to detail, with the ability to multi-task
- Candidate should be a coachable team player who is willing to embrace a collaborative firm culture
Compensation
The salary range for this role is $155,000-$175,000 in base pay (exclusive of bonus or benefits above and beyond the base pay). 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. CVC Marathon benefits highlights include (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
