MetLife

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.

The Private Debt Associate will join our dynamic team, supporting the targeting, origination, structuring, execution, and management of investment grade corporate private debt transactions across a diverse range of industries and sectors. This is an exciting opportunity to work at the forefront of private credit markets, collaborating with experienced professionals to drive investment performance and client success. Daily responsibilities will include helping senior analysts identify new lending opportunities, reviewing and assessing the merits of existing transactions, as well as working with MIM’s portfolio management team to address clients’ needs. 

The Corporate Private Debt 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, through agented and direct lending.  MIM’s name and reputation are well known throughout the industry, with borrowers valuing MIM’s support for bespoke lending solutions, which are structured to meet their unique funding needs through a thoughtful and efficient manner.

MIM’s Corporate Private Debt team is responsible for primarily investing in high grade private credit transactions across a diverse universe of sectors through various structures. The Corporate Private Debt team manages a portfolio of approximately $59 billion (03/31/2025) of corporate private debt on behalf of MIM’s affiliated and unaffiliated clients. The Americas & Asia Pacific team focuses on transactions in the North America and Asia Pacific region.

The Associate will be an investment professional supporting the Corporate Private Debt 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 Corporate Private Debt team.  The role provides candidates with the opportunity to work and interact with various teams across MIM, including Infrastructure, Private Asset Based Finance, Client Portfolio Management, Insurance Asset Management, Institutional Client Group, Sales Derivatives, Investment Operations, Legal, and Compliance.

Key Responsibilities:

Origination & Market Analysis

• Support the origination of private debt opportunities, including preparing presentation materials and conducting in-depth market analysis
• Track deal opportunities, client solicitations, and maintain pipeline and client reports
• Participate in roadshows, presentations, issuer and sponsor meetings, and due diligence sessions
• Engage with bankers, advisors, and internal/external counsel regarding transactions and prospective opportunities.
• Evaluate pricing and determine the relative value of investment opportunities using Bloomberg and other market data sources
• Provide recommendations on internal credit ratings for both potential and existing investments
• Prepare comprehensive written materials, such as investment summaries and investment committee memoranda
• Contribute to Investment Committee presentations and collaborate with Client Portfolio Management to align investment opportunities with client objectives

Due Diligence & Financial Analysis

• Review offering memoranda, sell-side research, rating agency reports, and other relevant documentation
• Analyze financial statements and models, conduct sensitivity analyses, and construct/refine financial models, as needed
• Evaluate and synthesize legal structures with guidance from counsel

Transaction Execution

• Prepare comprehensive written materials, including investment summaries and investment committee memoranda
• Evaluate pricing and determine the relative value of investment opportunities using Bloomberg and other market data sources
• Provide recommendations on internal credit ratings for both potential and existing investments
• Oversee tasks associated with transaction closings and contribute to Investment Committee presentations

Portfolio Management & Client Support

• Review and monitor portfolio investments; attend credit update meetings and complete annual portfolio credit reviews
• Deliver credit event updates to senior management and clients
• Manage amendments, waivers, and changes to existing investment legal documents
• Address client investment requests in collaboration with the Client Portfolio Management team

Essential Business Experience and Technical Skills: 

Required: 

• 2-3+ years of experience in credit underwriting, M&A, or corporate finance.
• Advanced proficiency in Excel and financial modeling.
• Strong skills in financial statement analysis, accounting, and fundamental credit analysis.
• Knowledge of fixed income markets.
• Excellent written and verbal communication skills.
• Strong organizational, prioritization, and problem-solving abilities; able to make decisions under pressure and with attention to detail.
• Effective team player who can also work independently.
• Authorized to work in the U.S. without the need for immigration sponsorship, now or in the future.

Preferred:

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