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MIM - Associate - Syndicated Bank Loans

$48.08 - $62.5 per hour
Full-time

Metropolitan Life Insurance Company

General Information LocationWhippany, New Jersey Alternative Location(s) Posting Location:Philadelphia, Pennsylvania Working Schedule Full-Time Work Arrangement Hybrid Relocation Assistance Available No Grade 12I Posted Date 23-Sep-2025 Job ID 12512 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 $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.The Syndicated Bank Loan Closer is responsible for managing the end-to-end settlement process of primary and secondary syndicated loan trades. This role ensures timely and accurate closing of trades while maintaining compliance with market standards and internal controls. The ideal candidate will have a strong knowledge of LSTA/LMA documentation, loan systems, and settlement protocols.Key Responsibilities: Trade Settlement & ClosingCoordinate with counterparties, agents, custodians, and internal teams to facilitate timely settlement of syndicated loan trades.Review and reconcile trade details, allocations, and documentation to ensure accuracy and completeness.Monitor and manage settlement pipelines to minimize failures and reduce settlement times.Documentation & ComplianceEnsure all required documentation (e.g., assignment agreements, funding memos, consents) is properly executed and archived.Adhere to LSTA/LMA guidelines and internal policies for trade closing and settlement.Escalate discrepancies or delays to appropriate stakeholders and propose solutions.Systems & ReportingUtilize loan settlement platforms (e.g., ClearPar, IHS Markit, WSO, Loan IQ) to process and track trades.Maintain accurate records of trade activity and generate reports for management and audit purposes.Support system enhancements and participate in UAT testing as needed.Stakeholder CommunicationServe as a key point of contact for front office, middle office, legal, and operations teams regarding trade status and settlement issues.Build strong relationships with agent banks and counterparties to facilitate smooth trade execution.Process ImprovementIdentify opportunities to streamline settlement workflows and reduce operational risk.Contribute to team initiatives focused on automation, standardization, and best practices.Essential Business Experience and Technical Skills: Required: 5-7 years of experience in syndicated loan operations or trade settlement.Familiarity with LSTA/LMA standards and syndicated loan lifecycle.Strong attention to detail, organizational skills, and ability to manage multiple priorities.Proficiency in Excel and loan settlement platforms (ClearPar, WSO, Loan IQ, etc.).Bachelor’s degree in Finance, Business, or related field.Syndicated loan closing experiencePreferred:MBA preferred.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.#MIMLocation Expectation: This is a hybrid role requiring a minimum of 3 days per week in office.The expected salary range for this position is $100,000 - $130,000. 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, paid time off, paid holidays, volunteer time off, tuition assistance and much more! For more information regarding MetLife’s U.S. benefits, please click here.About MetLifeRecognized 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.As part of our New Frontier strategy, MetLife is building an AI-enabled, people-centered future. We’re looking for people who bring curiosity, adaptability, and a growth mindset as we use AI to enhance how we serve customers, support communities, and evolve the way work gets done. At MetLife, AI is a responsible partner that supports human judgment, creativity, and continuous improvement while helping us build trust, inclusion, and long-term value.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 View email address on job-api.jobget.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.This posting is for a current vacancy and is anticipated to remain open for at least 90 days from the listed posting date. $100,000 - $130,000

Vacancy posted 1 day ago
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