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Associate - Global Rates & Currencies

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Date Posted: May 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.

 

The Derivatives / Global Rates Team is dedicated to creating and delivering solutions that support growth and improve the Company’s profitability through its use of derivatives strategies to solve Asset Liability Management challenges. The team works with portfolio managers to develop strategies and to execute trades in the rates, currency, equity, and credit areas of the derivatives markets.  Strategies include asset liability management, managing the currency risk of specific assets and liabilities, and using credit derivatives to help manage credit exposures.  The Team also functions as an internal derivative consulting group and provides quantitative derivatives solutions to many groups across MetLife.

 

The Associate will have the opportunity to work closely with other members of the Derivatives/Global Rates Team within the interest rate and currency derivatives space.  This will involve trade idea generation, trade execution, and working with senior traders on the team to report on positions and risks of the rate and currency derivative positions. The ideal candidate will have experience with derivatives broadly, and with currency/rate derivatives specifically.  This would include how the instruments are constructed, executed, and used in a buy-side asset management framework. 

 

Key Responsibilities:  

  • Assist with execution in the currency and rate derivative market, both OTC and cleared, including products such as futures, swaps, and forwards.
  • Work closely with MIM Asset Sectors to provide pricing on prospective originiation.
  • Oversee reporting and audit process for interest rate and currency derivative positions for completeness, accuracy, and content.
  • Recommend new or enhanced reports and processes.
  • Monitoring and reporting on developments within the rate and currency markets.
  • Prepare pre-trade analysis, position reporting, and ad-hoc risk analysis.
  • Work with Operations on issues related to trade confirmations, settlement, and valuation.
  • Partner with IT on system enhancements and upgrades.

 

Essential Business Experience and Technical Skills:

Required: 

  • Minimum of 2 years related experience required.
  • Experience with derivatives instrument types, particularly within rates/currency.
  • Excellent communication skills; Ability to express complicated methodologies to the business.
  • Must be detail-oriented with strong time management/prioritization skills and ability to work independently is essential.
  • Bachelor’s Degree in a Finance or Quantitative Discipline is required. 

Preferred:

  • Demonstratable programming skills and knowledge of scripting languages such as Python, VBA, and/or R preferred.
  • Experience with 3rd party execution platforms including Bloomberg and TradeWeb preferred.
  • Experience with BlackRock Aladdin, Murex, and Numerix preferred.
  • MBA or CFA designation preferred.

 

Business Category

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 #: 124013