직무 설명 및 자격 요건
Role: Managing Director, Asset Backed Securities, Public Fixed Income
Location(s): Whippany, NJ
Setting: Hybrid
Reports to: Head of Structured Products
Travel: 10%
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. We’re united by our purpose to help our customers and each other create a confident future; we’re guided by empathy; and we’re inspired by each other to make a difference in the lives of our coworkers, customers, communities, and the world at large. At MetLife, it’s #AllTogetherPossible. Join us!
The Team You Will Join
MetLife Investment Management
Based in Whippany, New Jersey, MetLife Investment Management (MIM) is one of the largest institutional investors and asset managers in the world, with nearly $600.8 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.
Public Fixed Income: MIM manages over $324 billion in public fixed income assets globally. The suite of strategies available in Public Fixed Income includes separately managed accounts and commingled vehicles that provide broad coverage of both the risk spectrum (Enhanced Cash to High Yield) and term structure (Short-term to Long Duration). We offer a bottom up, fundamental approach to public fixed income that is supported by a collaborative investment team process. MIM has a deep and experienced team of over 140 Public Fixed Income investment professionals. Investment decisions are informed by a team-based culture with portfolio managers, research analysts, and traders contributing to idea generation.
Structured Finance: MIM structured products team manages over $70 billion of public/144a Structured products across Asset Backed Securities (ABS), CMBS, Non-agency mortgages, CLO, and Agency MBS/CMO as of Q1, 2025. MIM’s ABS team manages approximately $11B billion of ABS across AAA-BB ratings, across Consumer and Commercial sectors, and with a focus on emerging asset classes. In addition, the ABS team reviews and approves ABS commercial paper programs for investing.
The Opportunity: The Managing Director, ABS Team Lead, will be responsible for a 3-person team underwriting and managing our $11 billion portfolio for internal and external clients across a wide spectrum of investment styles spanning liquid and illiquid as well as short through long duration. MIM’s ABS Structured Products team underwrite broadly distributed transactions as well as lightly distributed transactions that are public and rule 144a registrations. MIM predominately invested in US backed collateral, but also reviews and invests in Canadian, United Kingdom, European, and Australian jurisdictions.
How You’ll Help Us Build a Confident Future (Key Responsibilities)
This role will complete a 3-person team responsible for:
- Transaction underwriting of all Asset Backed Securities/Assed Based Funding opportunities
- Develop, maintain, and advance relationships with investment banks, capital markets teams to secure investment opportunities across all types of ABS/ABF.
- Outreach to issuers active or exploring the securitization market.
- Communicate and document credit opinion, transaction details, scenario analysis, as well as opinions of value.
- Prepare and present quarterly market and fundamental updates on the ABS space.
- Directly engage with ABS trading desk to review investment opportunities, current, pipeline, club deals.
- Directly advise and engage with portfolio managers on their ABS portfolio profile, risk profile, transaction opportunities
- Represent MIM ABS team to current and potential clients.
- Represent MIM ABS across different industry organizations.
This role will report to the Head of Structured Products and sit within the Public Structured Product team comprised of 14 team members across all Structured Product verticals including origination and trading in Whippany, NJ.
Key relationships across MIM/Structured Products:
- Structured Product Team leads, Non-agency MBS, CMBS, CLO, RMBS
- Structured Product Trading team
- Portfolio managers
- Risk Management/Legal/RBC Capital teams.
- MetLife Insurance Company management teams
- Internal/external clients
- MIM Global Corporate Credit Research teams
What You Need to Succeed (Required Qualifications)
- 12+ years of securitized underwriting experience with a background on consumer and commercial asset-based securities. (Auto, Student Loan, Lease, Rail, Container, Data Center, Fiber, Whole Business, International, Solar, Venture debt….)
- Significant knowledge of securitizations structures.
- Comfort in analyzing emerging asset classes and esoteric ABS/ABF
- Significant industry relationships across issuers, bankers, capital market participants, and peers
- Past role developing team members
- Ability to synthetize complex structured investment opportunities for key stakeholders.
- Structured product analytical platforms; Intex, Bloomberg, Blackrock Aladdin, others
- Knowledge of insurance Risk Based Capital framework.
- Past speaking/panel/roundtable experience
#MIM
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!
Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies", Fortune World’s 25 Best Workplaces™ for 2024, as well as the 2025 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 empathy, we’re inspired to transform the next century in financial services. At MetLife, it’s #AllTogetherPossible. Join us!
MetLife maintains a drug-free workplace.