MIM - Associate - Private Capital - PABF

Role Value Proposition: 

Based in Whippany, New Jersey, MetLife Investment Management (“MIM”) is one of the largest institutional investors and asset managers in the world, with approximately $600 billion in combined managed assets. MIM has been ranked a “Best Places to Work in Money Management” by Pensions & Investments for four consecutive years and has consistently generated superior returns for both policyholders and shareholders. The enterprise has more than 850 dedicated professionals with experience and expertise in all asset classes, with a strength in public and private fixed income and private assets, including private equity and real estate. Visit us at www.metlife.com/investments to learn more.

MetLife Investment Management (“MIM”), the institutional asset management business of MetLife, Inc., is hiring an Associate to join our U.S.-based Private Asset Based Finance (“PABF”) team.  The PABF team is a part of MIM’s Private Capital group and leads credit analysis and portfolio management of privately placed, non-broadly syndicated asset-based finance deals across a variety of sectors and deal types.  The candidate will work as part of the investment team located in MIM’s Whippany, NJ office and provide support in the origination and execution of transactions as well as portfolio management functions.  Day-to-day responsibilities include working with senior analysts to review and assess financing opportunities as well as interacting with the portfolio management team to address portfolio needs and respond to client inquiries.

The PABF (Private Asset Based Finance) team sits within MIM’s Private Capital team which manages $148.2 billion (03/31/2025) in private corporates, asset-based finance, and infrastructure debt and is an industry leader in private debt with a 100 year history of originating private debt.  

The PABF team at MetLife Investment Management (“MIM”) is responsible for investing in primarily in privately placed, non-broadly syndicated asset-based finance opportunities across a variety of sectors and deal types.  The PABF team manages a portfolio of approximately $8.8 billion 03/31/2025) of asset-based transactions on behalf of MIM’s affiliated and unaffiliated clients.

The Associate will be an investment professional supporting the PABF team in the origination, execution, and management of primarily investment grade corporate private debt investment opportunities across a wide universe of industries and sectors.  The Associate will also support administrative, marketing, and data projects related to the PABF team.  The role provides candidates with the opportunity to work and interact with various teams across MIM, including Corporates Infrastructure, Client Portfolio Management, Insurance Asset Management, Institutional Client Group, Sales Derivatives, Investment Operations, Legal, and Compliance.

Key Responsibilities: 

Origination & Portfolio Management

Execution:

• Support ABF deal teams with underwriting and analysis, including drafting investment memos, executing trades and exploring new asset types and structures
• Contribute to Investment Committee presentations
• Oversee tasks associated with transaction closings
• Collaborate with Client Portfolio Management to align investment opportunities with client objectives

Diligence & Market Analysis:

• Support the team's client and issuer origination initiatives, including preparation of presentation materials and conducting market analyses of opportunities
• Participate in road shows, presentations, issuer and sponsor meetings, as well as due diligence sessions
• Review offering memoranda, sell-side research, rating agency reports and methodologies, along with other pertinent documentation
• Evaluate and synthesize legal structures with guidance from internal and external counsel
• Engage with bankers, sponsors, and advisors regarding transactions and prospective opportunities

Portfolio Management:

• Perform deal-level surveillance and portfolio management monitoring & reporting to senior leaders
• Deliver credit event updates to senior management and clients
• Manage and process amendments, waivers, and changes
• Address client investment requests with the Client Portfolio Management team

Essential Business Experience and Technical Skills: 

Required: 

• 2-3 years of relevant structured finance experience or strong credit background
• Superior writing, analytical, quantitative modeling, and basic coding skills are a plus
• Excellent communication and interpersonal skills
• Basic understanding of legal documentation 
• Client-focused orientation and flexibility in a dynamic environment 
• Strong Word, PowerPoint and Excel skills including spreadsheets, complex formulas, pivot tables and graphs/charts
• Motivated team player and willingness to train and develop junior talent in a high-paced work environment

Preferred:

• BA/BS in Finance, Accounting, Business, Economics, Math or any other related field of expertise
• CFA® charterholder
• Advanced business or accounting degree

• Experience with credit underwriting and /or illiquid structured private placements
• Familiarity with Bloomberg and Salesforce

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.

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