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Senior Derivatives Analyst

Date Posted: Sep 11, 2021

Location: 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.

 

An outstanding opportunity exists to join MetLife’s Derivatives Middle Office Team.  As part of Phase 5 of the SIMM IM regulations, MetLife Investment Management is required to start exchanging initial margin with all its uncleared derivative counterparties.  We are looking for a Senior Analyst who will play an integral part in the build out of this new process as well as within the Group which is responsible for the collateral management of MetLife’s bilateral OTC derivatives, exchanged traded derivatives, Federal Home Loan Bank programs, MSFTA’s, and securities lending programs. The individual will work within a team environment to support MetLife’s growing derivative businesses as well as contribute to and lead company initiatives.  The position engages directly with trading, valuations, risk management, IT, operations, finance as well as countless external counterparties and vendors across the street. Responsibilities, given below, are well integrated within a strong team culture.

 

Key Responsibilities:  

  • Assist in the build out of a new Triparty workflow integrating several systems for the SIMM IM regulation.
  • Participate in various internal and external group meetings and calls to provide status updates as an SME.
  • Conduct extensive UAT testing to ensure the workflow and the systems within are fully functional.
  • Support the daily SIMM IM margining when MetLife goes live on September 2021.
  • Review and execute daily margin activity globally for Securities Lending, OTC Derivatives, Exchanged Traded Derivatives, Capital Markets and MSFTAs.
  • Assist and enhance the collateral management process for our third-party client business in Aladdin.
  • Contribute to analysis, development, testing, and integration of new applications and enhancements.
  • Prepare and review daily, weekly, and quarterly reports for Senior Management.
  • Ability to liaise with Trading, Middle Office, Legal, PMU, Audit, and Back Office.
  • Look for new ways to automate and increase efficiency within the current workflows.

 

Essential Business Experience and Technical Skills:

Required:

  • 3+ years of investments experience within a financial services firm.
  • 2+ years of investment operations experience supporting fixed income or derivatives.
  • 1+ years of collateral management/settlement experience.
  • Strong understanding of investment accounting reporting, data integrity and fixed income analytics.
  • Strong analytical, problem solving, and collaborative skills.
  • Advanced Excel Skills – (Pivots, macros, v-lookup, graphs).
  • Excellent interpersonal and communication skills.
  • Ability to meet daily deliveries in a high stress environment and thrive.
  • Professional, self-motivated, and self-aware.
  • Flexible and adaptive to change in a dynamic environment.

 

Preferred:

  • B.S. Degree in Economics, Finance, Accounting, Business Management, or other related field of expertise
  • Knowledge of CALYPSO, Murex, Aladdin/Deco, Tri-Resolve, and Bloomberg

 

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.  Visit us at www.metlife.com to learn more about our brand, history, and values. 

 

We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife.  If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to accommodations@metlife.com or call our Employee Relations Department at 1-877-843-3711.

 

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 #: 117958