What are the responsibilities and job description for the MIM - Associate - MMPC position at MetLife Investment Management?
Requirements
Description and Requirements
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 $700 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.
MIM is seeking an Associate to aid in the due diligence, underwriting and portfolio monitoring of middle market private debt investments in North American sponsor-backed companies. The middle market private capital strategy offers investors access to privately negotiated private debt investments supporting leveraged buyouts, refinancings and recapitalizations. Investments include senior, unitranche and second lien loans, mezzanine notes and equity co-investments across a broad range of industries including healthcare, technology, business services and industrials. The Associate role is a unique opportunity to work directly with a 27-person team managing private equity fund commitment, equity co-investment, and private debt investment assets.
Key Responsibilities:
Required:
#MIM
Location Expectation: This is a hybrid role requiring a minimum of 3 days per week in office.
The expected salary range for this position is $125,000 - $145,000. 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.
$125,000 - $145,000
Description and Requirements
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 $700 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.
MIM is seeking an Associate to aid in the due diligence, underwriting and portfolio monitoring of middle market private debt investments in North American sponsor-backed companies. The middle market private capital strategy offers investors access to privately negotiated private debt investments supporting leveraged buyouts, refinancings and recapitalizations. Investments include senior, unitranche and second lien loans, mezzanine notes and equity co-investments across a broad range of industries including healthcare, technology, business services and industrials. The Associate role is a unique opportunity to work directly with a 27-person team managing private equity fund commitment, equity co-investment, and private debt investment assets.
Key Responsibilities:
- Analyze and evaluate private debt investment opportunities and support the investment team in making informed decisions
- Conduct thorough analysis and evaluation of potential investments by participating in all phases of due diligence including business and industry research as well as quantitative analysis
- Develop detailed financial models and perform sensitivity analyses to assess performance scenarios and capital structure alternatives
- Prepare and present investment memos for investment committee review and approval
- Monitor and track performance of existing investments and provide updates on portfolio company performance
- Support quarterly review and reporting processes for private debt investment portfolio
- Additional responsibilities to include assisting in evaluation and underwriting of private equity primary fund commitment and equity co-investment opportunities, as needed
- Support fund raising and other team initiatives
Required:
- 2-4 years in investment banking, leveraged finance, direct lending, accounting, transaction advisory or related experience
- Strong analytical, quantitative, accounting and financial statement analysis skills
- Ability to construct financial models with proficiency in Excel
- Excellent written and oral communication and presentation skills; proficiency in PowerPoint
- Ability to work independently and in a fast-paced, collaborative team environment
- Initiative-taking, detail-oriented individual with keen focus on performance and results
- Bachelor’s in Accounting, Finance, Economics or related field; MBA or CFA highly desirable
#MIM
Location Expectation: This is a hybrid role requiring a minimum of 3 days per week in office.
The expected salary range for this position is $125,000 - $145,000. 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.
$125,000 - $145,000
Salary : $125,000 - $145,000