What are the responsibilities and job description for the Director, Head of Real Estate Sustainability position at MetLife Investment Management?
Requirements
Description and Requirements
Team You Will Join:
MetLife Investment Management:
This role, which will be based in Washington, D.C. is part of MetLife Investment Management (MIM), which is headquartered in Whippany, New Jersey. MIM is one of the largest institutional investors and asset managers in the world, with nearly $616.9 billion in combined managed assets, and has consistently generated superior returns for both policyholders and shareholders. The enterprise has more than 850 dedicated professionals with extensive experience and expertise in all asset classes, with a strength in public and private fixed income and private assets, including real estate. Visit us at www.metlife.com/investments to learn more.
MIM was named a “2024 Best Place to Work in Money Management” by Pensions & Investments. Visit us at www.metlife.com/investments to learn more about MIM.
Global Real Estate maintains a portfolio of over $101.5 billion invested in real estate equities and commercial mortgage loans. Real Estate sources and manages commercial real estate investments through seven regional field offices in the U.S. and international field offices in London, Tokyo, Mexico City, and Santiago. Based in the Washington, D.C. Regional Office, the Real Estate Sustainability team leads the development and management of sustainability programs and reporting for real estate equity and debt investments in the U.S. and internationally. The program includes the MetZero initiative to achieve specific emissions reductions by 2030 and 2050, annual GRESB submissions for approximately five portfolios (:300 buildings), climate risk management, and signatory commitments to DOE’s Better Buildings and Better Climate Challenge, EPA’s ENERGY STAR Partner of the Year with Sustained Excellence, ULI Greenprint Net Zero, and Principles for Responsible Investment.
The Opportunity:
As Director, Head of Real Estate Sustainability, you will lead the strategy, development, and execution of sustainability programs for MetLife Investment Management’s (MIM) global real estate portfolio. You will drive initiatives to reduce emissions, manage climate risk, and ensure industry-leading sustainability performance across equity and debt investments, directly supporting MetLife’s commitment to responsible investment and long-term value creation.
How You’ll Help Us Build a Confident Future (Key Responsibilities):
The expected salary range for this position is $145,000 to $205,000. This role may also be eligible for annual short-term incentive compensation and stock-based long-term incentives. All incentives and benefits are subject to the applicable plan terms.
Benefits We Offer
Our U.S. benefits address holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no-cost short- and long-term disability. We also provide company-paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance and much more!
About MetLife
Recognized on Fortune magazine's list of the "World's Most Admired Companies", Fortune World’s 25 Best Workplaces™, as well as the Fortune 100 Best Companies to Work For®, 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 individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we’re inspired to transform the next century in financial services. At MetLife, it’s #AllTogetherPossible . Join us!
MetLife is an Equal Opportunity Employer. All employment decisions are made without regards to race, color, national origin, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, marital or domestic/civil partnership status, genetic information, citizenship status (although applicants and employees must be legally authorized to work in the United States), uniformed service member or veteran status, or any other characteristic protected by applicable federal, state, or local law (“protected characteristics”).
If you need an accommodation due to a disability, please email us at accommodations@metlife.com. This information will be held in confidence and used only to determine an appropriate accommodation for the application process.
MetLife maintains a drug-free workplace.
$145,000 to $205,000
Description and Requirements
Team You Will Join:
MetLife Investment Management:
This role, which will be based in Washington, D.C. is part of MetLife Investment Management (MIM), which is headquartered in Whippany, New Jersey. MIM is one of the largest institutional investors and asset managers in the world, with nearly $616.9 billion in combined managed assets, and has consistently generated superior returns for both policyholders and shareholders. The enterprise has more than 850 dedicated professionals with extensive experience and expertise in all asset classes, with a strength in public and private fixed income and private assets, including real estate. Visit us at www.metlife.com/investments to learn more.
MIM was named a “2024 Best Place to Work in Money Management” by Pensions & Investments. Visit us at www.metlife.com/investments to learn more about MIM.
Global Real Estate maintains a portfolio of over $101.5 billion invested in real estate equities and commercial mortgage loans. Real Estate sources and manages commercial real estate investments through seven regional field offices in the U.S. and international field offices in London, Tokyo, Mexico City, and Santiago. Based in the Washington, D.C. Regional Office, the Real Estate Sustainability team leads the development and management of sustainability programs and reporting for real estate equity and debt investments in the U.S. and internationally. The program includes the MetZero initiative to achieve specific emissions reductions by 2030 and 2050, annual GRESB submissions for approximately five portfolios (:300 buildings), climate risk management, and signatory commitments to DOE’s Better Buildings and Better Climate Challenge, EPA’s ENERGY STAR Partner of the Year with Sustained Excellence, ULI Greenprint Net Zero, and Principles for Responsible Investment.
The Opportunity:
As Director, Head of Real Estate Sustainability, you will lead the strategy, development, and execution of sustainability programs for MetLife Investment Management’s (MIM) global real estate portfolio. You will drive initiatives to reduce emissions, manage climate risk, and ensure industry-leading sustainability performance across equity and debt investments, directly supporting MetLife’s commitment to responsible investment and long-term value creation.
How You’ll Help Us Build a Confident Future (Key Responsibilities):
- Lead the implementation of portfolio and asset management strategies for emissions reduction, climate risk management, data improvement, energy and water efficiency, waste reduction, renewable energy procurement, green building certifications, and embodied carbon tracking.
- Oversee and complete annual sustainability reporting requirements (e.g., GRESB, PRI, EPA POY, DOE BB BCC, ULI) in partnership with third-party consultants.
- Monitor and evaluate compliance with jurisdictional ordinances, including Building Performance Standards, Energy and Water Benchmarking Laws, SEC, and California Senate Bills, and communicate risks to stakeholders.
- Advise portfolio and asset managers on renewable energy strategies, including on-site solar installations (PPAs, EPCs, Community Solar), green energy procurement, hedging, and REC transactions, collaborating with energy brokers, project managers, and consultants.
- Prepare memoranda on physical and transition climate risks and key sustainability ROI opportunities for new real estate deals; participate in discussions with business partners and investment committees.
- Respond to client, prospect, and partner requests, including RFPs, questionnaires, and presentations.
- Assist with the procurement, onboarding, and management of sustainability software, consultants, and vendors; perform ad hoc reporting and data tracking using internal and external systems.
- Collaborate with the Research Team on underwriting guidance and drafting of white papers for internal and external publication, demonstrating thought leadership.
- Coordinate with internal and external teams on a wide range of sustainability initiatives.
- Represent MIM at industry events (e.g., Greenbuild, DOE BB BCC, EPA POY, IMN) and attend field visits and off-site meetings as needed.
- Bachelor’s degree in real estate, environmental studies, sustainability, or a related field.
- Minimum 10 years of experience in sustainability, real estate asset management, or a related discipline.
- Strong knowledge of carbon accounting, energy and water efficiency, climate risk, and green building certifications preferred.
- Work authorization required
The expected salary range for this position is $145,000 to $205,000. This role may also be eligible for annual short-term incentive compensation and stock-based long-term incentives. All incentives and benefits are subject to the applicable plan terms.
Benefits We Offer
Our U.S. benefits address holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no-cost short- and long-term disability. We also provide company-paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance and much more!
About MetLife
Recognized on Fortune magazine's list of the "World's Most Admired Companies", Fortune World’s 25 Best Workplaces™, as well as the Fortune 100 Best Companies to Work For®, 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 individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we’re inspired to transform the next century in financial services. At MetLife, it’s #AllTogetherPossible . Join us!
MetLife is an Equal Opportunity Employer. All employment decisions are made without regards to race, color, national origin, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, marital or domestic/civil partnership status, genetic information, citizenship status (although applicants and employees must be legally authorized to work in the United States), uniformed service member or veteran status, or any other characteristic protected by applicable federal, state, or local law (“protected characteristics”).
If you need an accommodation due to a disability, please email us at accommodations@metlife.com. This information will be held in confidence and used only to determine an appropriate accommodation for the application process.
MetLife maintains a drug-free workplace.
$145,000 to $205,000
Salary : $145,000 - $205,000
