MIM - Residential Credit - Associate

The Opportunity 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 to learn more. MetLife Investment Management’s Residential Whole Loans strategy is designed for institutional investors, including insurers, seeking consistent income and capital‑efficient exposure to private residential mortgage credit. With a platform built on data‑driven credit analysis, deep market relationships, and flexible structuring, MIM offers a differentiated approach to all loan types. Key Responsibilities Conduct due diligence on investment opportunities, including in‑depth analysis on portfolios of residential assets, asset‑based lending opportunities, structured debt, specialty finance companies, and financial institutions; work with and manage third‑party diligence providers to facilitate the review and closing of transactions. Evaluate investment opportunities across Non‑QM / DSCR, 2nd Liens / HELOCs, MSR, Bridge / RTL, Manufactured Housing, and other residential asset classes. Analyze and underwrite potential investments by reviewing historical performance data (e.g., prepayment, default, and recovery data, as well as other key information depending on the transaction); develop cash‑flow projection models and perform investment analyses; model underlying asset cash flows across asset classes and create sensitivity and comparable analyses to assess the relative risk and value of potential investments. Assist in preparing investment committee memos, diligence memos, and other investment analyses. Accountability – ensure the quality, completeness, and accuracy of analyses and other deliverables associated with investment decisions. Assess non‑economic, legal documentation risks and review and comment on transaction documentation (term sheets, purchase and servicing agreements, credit agreements, etc.). Monitor positions on an ongoing basis and perform quarterly valuations of investments. Interface and negotiate with external counterparties. Required Qualifications 5–8 years of finance or investment banking experience within a structured finance or financial institutions focused group or similar buyside experience. Experience underwriting, structuring, and reviewing residential whole loan pools, asset‑backed securitizations, and private asset‑backed credit facilities. Superior valuation, modeling, and Excel skills evaluating financial assets. Strong accounting, finance, modeling, and problem‑solving skills. Keen interest in the financial markets and good commercial instincts. Ability to multi‑task and maintain composure in a high‑volume environment. Strong sense of urgency; ability to execute quickly and efficiently with attention to detail. Strong verbal and written communication skills and ability to interact and collaborate with internal and external stakeholders. Comfortable working in a high‑growth, iterative environment. Bachelor’s degree required. Preferred Qualifications Intex, VBA, Python, and Snowflake/SQL proficiency is preferred but not mandatory. MBA preferred. Location Hybrid role requiring a minimum of 3 days per week in office. Salary $125,000 – $150,000 (base salary). 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, including medical and prescription drug coverage, vision, dental insurance, short‑ and long‑term disability, company‑paid life insurance, legal services, a retirement pension, 401(k) with employer matching, group discounts on voluntary insurance products, employee assistance program, digital mental health programs, parental leave, paid time off and paid holidays, volunteer time off, tuition assistance, and more. EEO Statement MetLife is an Equal Opportunity Employer. All employment decisions are made without regard to race, color, national origin, religion, creed, sex, sexual orientation, gender identity, age, disability, marital or domestic/civil partnership status, genetic information, citizenship status, or any other characteristic protected by applicable federal, state, or local law. If you need an accommodation due to a disability, please email us at View email address on click.appcast.io. 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. #J-18808-Ljbffr MetLife Investment Management