Senior Debt Analyst - Real Estate Asset Management
Apply now »Date Posted: Mar 26, 2023
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 $669 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.
MIM offers investors a commercial mortgage strategy that seeks to identify a relatively broad spectrum of commercial mortgages that offer higher relative value and greater protection from default risk. MetLife’s commercial mortgage business focuses on institutional quality office buildings, retail centers, apartment complexes, industrial properties and hotels that are in targeted primary, secondary and select tertiary markets. Professionals in MIM’s seven domestic regional offices (Chicago, Dallas, San Francisco, Los Angeles, Atlanta, Washington DC, and Whippany, NJ) and four international offices (London, Mexico City, Tokyo, and Santiago) source, evaluate, underwrite, and process the loans and have in-depth real estate knowledge and longstanding industry relationships.
The Senior Debt Analyst will play an important role in the Northeast regional office’s loan origination efforts by completing in-depth property and market analyses, assisting in the internal loan committee approval process, and closing senior commercial mortgage loan opportunities. The Senior Debt Analyst will provide primary support to the Debt Team’s higher-yielding MIM lending strategies, while providing secondary support to mortgage production and loan management efforts for the MetLife General Account and investment management clients.
Key Responsibilities:
- Support the Northeast regional office Debt Team in the sourcing and originating of new first mortgage loans and subordinated debt by providing quantitative financial modeling and market analysis used in the property underwriting, valuation, and evaluation of potential opportunities across a range of property types and geographies.
- Collaborate with Debt Team members, brokers, property owners, attorneys, and other transaction counterparts to perform due diligence throughout the closing process.
- Play a major role in the preparation of investment memoranda and participate in deal presentations to the debt investment committee.
- Assist with loan asset management throughout the loan term, including property financial statement analysis, investor reporting and property inspections.
- Perform internal and external ad hoc reporting, pipeline tracking using MetLife’s proprietary mortgage production system and provide systems database support.
Essential Business Experience and Technical Skills:
Required:
- At least 2 years relevant experience with demonstrated understanding of commercial real estate valuation and discounted cash flow analysis.
- Results orientated team player. Emphasis on communication skills (both oral and written), ability to handle multiple assignments, strong work ethic and time management skills.
- Strong quantitative and computer skills, specifically advanced Excel, and Argus Enterprise modeling.
- To post for this position, you need the proper work authorization to work in the country where the position is located and not require relocation assistance.
Preferred:
- Bachelor’s degree in Business, Finance, Real Estate, Economics, Math, Statistics, Liberal Arts or a related field of study. MBA a plus.
- Preference given to candidates who have familiarity with the leading commercial real estate market data resources (i.e.-CoStar, CBRE Econometric Advisors, Real Capital Analytics, etc.).
Travel
Negligible
Business Category
Investments/Commercial Real Estate & Ag
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.