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Loan Servicing Associate - Private Placement

Date Posted: Jan 15, 2021

Location: Whippany, NJ, US, 7981

Company: MetLife

Job Location: United States : New Jersey : Whippany  

 

Role Value Proposition: 

This is a role within the Private Capital of MetLife Investment Management (“MIM”).  The Private Capital is an industry leader in institutional asset origination, managing over $85 Billion in assets and is experiencing rapid growth.  To help manage this growth and to ensure continued delivery of high-quality client service, the team is seeking an experienced Loan Servicing Associate to assist in loan servicing responsibilities across MetLife’s Private Placement and Infrastructure Debt portfolios. The role will work closely with MIM’s Private Fixed Income deal origination team, institutional borrowers and MIM’s Middle Office, Legal and Finance organizations.

    

Key Responsibilities:

  • Entering new private transactions into Aladdin and Salesforce systems, ensuring data accuracy on all new transactions
  • Working with portfolio managers to determine and input portfolio allocations for new investments
  • Managing deal origination operational processes, including legal, funding, and essential transaction documentation
  • Creating portfolio reports for senior management, and affiliated/unaffiliated clients
  • Coordinating financial reporting to Investments Finance regarding investment amendments, structuring fees, and other transaction cash flows
  • Assist in internal efficiency projects, such as system integration on Aladdin and Salesforce, maintaining comprehensive monitoring system for issuer covenant compliance and financial reporting on iLevel, and incoming/outgoing funding wires consolidations
  • Coordinating downstream communications for prepayments, fees, amendments, and other corporate actions
  • Providing on-going support for loan pricing and valuation

 

Essential Business Experience and Technical Skills:

Required:

  • 3-5 years of experience working in a financial institution or asset manager in a loan processing/servicing role  or an accounting role involved with loan processing/servicing
  • Strong Technical Skills in Excel
  • Private Placements, Bank Loans or Public Fixed Income knowledge
  • Outstanding organizational skills and management of multiple tasks under tight working deadlines
  • Detail-oriented with strong analytical skills
  • Good interpersonal/communication skills and ability to interact across internal and external clients
  • Ability to work independently

 

Preferred:

  • Knowledge of BlackRock Aladdin system, Salesforce, iLevel
  • Undergraduate degree

 

Business Category

Investments

 

Number of Openings

1

 

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 $651 billion of total assets under management as of September 30, 2020. We are ranked #48 on the Fortune 500 list for 2020. In 2019, we were named to the Dow Jones Sustainability Index (DJSI) for the fourth year in a row. DJSI is a global index to track the leading sustainability-driven 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 #: 115481