Share this Job

Associate Director - Mortgage Producer

Date Posted: May 24, 2019

Location: San Francisco, CA, US, 94105

Company: MetLife

                                                      

 

Job Location: United States : California : San Francisco  

 

Role Value Proposition: 

MetLife Investments is a premier asset manager with breadth across various asset sectors and global markets, and strong asset-liability management capabilities.  With a $500 billion combined domestic and international general account portfolio and a multi-billion-dollar annual cash flow, Investments is an important contributor to MetLife’s financial performance.  The primary objective of Investments is to maximize MetLife’s long-term economic value by investing in assets that support the company’s liabilities and produce a consistent stream of operating earnings. 

­

 

Global Real Estate and Agricultural Investments maintain a portfolio invested in commercial real estate and agricultural mortgages, as well as real estate equities. Real Estate Investments sources and manages commercial real estate investments through seven regional field offices in the U.S. and International field offices in London, Tokyo, Mexico City and Santiago.  This role will be responsible for supporting Mortgage team (Mortgage Production and Loan Management), and Capital Markets team for the MetLife General Account portfolio and third-party investors.

    

Key Responsibilities:

  • Originate, close and manage new commercial real estate loan investments.
  • Develop, expand and maintain external relationships with key market participants, such as mortgage bankers, developers and investors.
  • Solicit investment opportunities from market participants and communicate MetLife’s commercial real estate loan lending parameters.
  • Evaluate new commercial real estate loan investment requests in view of MetLife investment criteria.
  • Underwrite potential new commercial real estate loan investments, including evaluating the collateral, sponsorship, and structure.  Identify potential risks and propose appropriate structure to mitigate risks.
  • Preparation of transaction memoranda and present to investment committees for approval.
  • Manage the closing process for new transactions including negotiating loan applications and loan documents, completing all due diligence, and coordinating a closing team that includes loan asset managers, production analysts, attorneys, architects, appraisers and other third-party service providers.
  • Participate in the management and administration of commercial real estate loan investments in the Field Office portfolio, including annual mortgage ratings, collateral valuations, property inspections, lease approvals, and loan assumptions and modifications.  The San Francisco Field Office currently has approximately 100 loans totaling $9 billion in outstanding principal balance.

 

Essential Business Experience and Technical Skills:

Required:

  • Demonstrated ability to develop and introduce profitable investment strategies and executing same through dynamic leadership, strategic planning and collaboration with experienced professionals inside and outside the organization.
  • Strong marketing and negotiation skills.
  • Strong interpersonal, oral and written communication skills.
  • Demonstrated computer skills including proficiency with Argus Enterprise, Excel, Word, PowerPoint.

 

Preferred:

  • Bachelor’s degree in an applicable business-related field; MBA preferred.  
  • Extensive relationships across the real estate industry, including borrowers and intermediaries.
  • Results-driven professional with 10+ years of experience in commercial real estate loan investment, including loan workouts.

 

Travel

Minimal

 

Business Category

Investments

 

Number of Openings

1

 

#LI-WRAPJOB

 

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 is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is MetLife's policy to ensure equal employment opportunity without discrimination or harassment based on 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.

For immediate consideration, click the Apply Now button. You will be directed to complete an on-line profile. Upon completion, you will receive an automated confirmation email verifying you have successfully applied to the job.

Requisition #: 109641 


Nearest Major Market: San Francisco
Nearest Secondary Market: Oakland