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Associate - Real Estate - Debt Strategies

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Date Posted: Jun 11, 2022

Location(s): Whippany, NJ, US, 7981

Company: MetLife

Role Value Proposition: 

MetLife Investment Management (MIM) is one of the largest institutional investors and asset managers in the world, with over $651 billion in combined managed assets, and has consistently generated superior returns for both policyholders and shareholders. The enterprise has more than 900 dedicated professionals with extensive experience and expertise across public and private fixed income and private assets, including real estate.  Visit us at www.metlife.com/investments to learn more.

 

This position plays an integral role in the MetLife Investment Management Real Estate group.  Our Debt Strategies Group (DSG) is responsible for overall commercial mortgage portfolio strategy, pricing, transaction and credit approval on new loans and the active management of the overall mortgage portfolio. DSG seeks to identify institutional quality commercial mortgages that offer strong relative value.  Our commercial mortgage loan platform targets opportunities in the primary and secondary markets. We focus on office buildings, retail centers, apartment complexes, industrial properties, and hotels.  Investment real estate professionals in our regional office platform solicit, underwrite, originate, and manage the loans and have in-depth real estate knowledge and longstanding industry relationships within their regions.

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Key Responsibilities: 

  • Business lead and responsible for the mortgage production pipeline system.  Managing day to day assistance to the regional producers across our platform plus business lead with system enhancements/debugging.
  • Coordinate production process/procedures for regional offices and assist as workflow exceeds Regional Office capacity.
  • Provide regular origination and portfolio updates to Senior Leadership Team
  • Provide business management support and contribute to the timely analysis of potential transactions presented to Debt Strategies Investment Committee.
  • Additional responsibilities include new business deal Risk Based Capital loan ratings, drafting Sr. Management loan approval requests, and providing loan data metrics for Board Meetings.
  • Maintain detailed tracking of real estate debt portfolio and pipeline
  • Manage relationship with and provide originations data for key constituent groups including Affiliated Insurance Companies, Portfolio Management Unit, Risk, Research & Analytics, Accounting, Compliance and Client Services Group.  Develop relationships with key contacts through both verbal and written communication.
  • Ad hoc requests, projects, and new business initiatives related to the General Account and / or Investment Management portfolios. Quarterly and ad hoc PowerPoint presentations for the real estate debt team, internal and / or third-party investors.
  • Lead on market pricing and intelligence that feeds Relative Value Process, Market Value Process and coordination of Plan/QAA volume and pricing targets for DSG. Gather and maintain competitive intelligence from the market through various resources.
  • Manage data integrity for downstream reporting.

 

Essential Business Experience and Technical Skills

Required:

  • Excellent PC skills with Microsoft Word, Excel and PowerPoint experience required.
  • Prior finance or real estate related work experience.
  • Demonstrated written and verbal communication. 
  • Strong analytical and organizational skills to manage several projects concurrently.
  • Ability to problem solve, prioritize, and work well in a small team environment.
  • 3-5 years of experience in an analytical role focused on analyzing, reporting, and presenting data to senior management.

Preferred:

  • Undergraduate degree required, Real Estate or Finance preferred but not required.

 

Travel

Negligible

 

Business Category

Investments

 

Number of Openings

1

 

#MIM

 

#LI-AGSMH

 

At MetLife, we’re leading the global transformation of an industry we’ve long defined. United in purpose, diverse in perspective, we’re dedicated to making a difference in the lives of our customers.” 

MetLife:

MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

 

We are one of the largest institutional investors in the U.S. with $642.4 billion of total assets under management as of March 31, 2021. We are ranked #46 on the Fortune 500 list for 2021. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row. DJSI is a global index to track the leading sustainability-driven companies. We are proud to have been named to Fortune magazine's 2021 list of the "World's Most Admired Companies." 

       

MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.

 

 

We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife.  For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below.

 

 

MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

 

 

MetLife maintains a drug-free workplace.

 

 

Requisition #: 124842