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Associate Director - Debt Production

Date Posted: Nov 23, 2021

Location: Washington, DC, US, 20005

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.

 

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:  

  • Source, underwrite, 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 presentation to investment committee 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, portfolio reporting, property inspections, lease approvals, and loan assumptions and modifications.  The Washington, DC Field Office currently has approximately 45 loans totaling $2.75 billion in outstanding principal balance.
  • Evaluate and monitor ongoing performance of commercial real estate loan portfolio in accordance with stated strategies.  Develop strategies for sub-performing loans.
  • Collaborate with the Washington, DC Field Office team including training junior associates, refining best practices, contributing to marketing efforts, etc.

 

Essential Business Experience and Technical Skills:

Required:

  • Demonstrated ability to develop, introduce and execute profitable investment strategies 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 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

Less than 10%

 

Business Category

Real Estate Investments

 

Number of Openings

1

 

 #MIM

 

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 #: 121116

 


Nearest Major Market: Washington DC