Derivatives Associate - Middle Office

Description and Requirements
Role Value Proposition:
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!
An excellent opportunity exists to join the Derivatives Middle Office team (DMO) within MetLife Insurance Investments (MII). The Associate will play an integral part within the Derivatives Trade Processing team associated with our Bilateral OTC derivatives, Exchanged Traded derivatives. The position will engage directly with trading, valuations, risk management, IT, operations, and finance. The responsibilities given below, are well integrated within a strong team culture.
Key Responsibilities:

• Handle and maintain all hedge relationships in relationship management system, including allocation, linking, resolving breaks, and conducting month-end and QE reviews for Legal Hedge effectiveness sign-off. Maintenance of soft links related to synthetic asset transactions, during origination and rolls
• Be the primary team lead for all the technical enhancements/deployment for the trade processing systems, including relationship management system, central database and trade matching systems
• Provide ad hoc reports for Front office, Portfolio Management unit, and other groups. Respond promptly to queries and resolve system or workflow issues, prioritizing as needed. Strong communication, ownership, and expertise are essential.
• Run weekly and monthly reports for various departments across MetLife including risk and analytics, accounting, front office, and valuations
• Perform daily and monthly market data validation checks in Murex to ensure accuracy of currency and index rates, manage monthly trade blotter reconciliation between Middle Office and Front Office
• Work with the portfolio management unit and back office to complete internal asset transfers by identifying, unlinking, and replacing assets being moved in the transfer
• Work with DTCC, Internal IT and counterparties to meet all the regulatory requirements
• Collaborate with IT and back office to enhance in house derivative system for the linking and allocation of derivatives

Essential Business Experience and Technical Skills:
Required:

• 6+ years of investments operations experience supporting CDS, Foreign Exchange, Interest rate derivatives experience within a financial services firm
• Trade processing experience in CDS, RCDS, FXS, IRS, FX forwards, futures and options
• Strong analytical, problem solving, and collaborative skills
• Advanced technical Skills - (VBA Excel macros, SQL, Data management and charting functions in excel)
• Excellent interpersonal and communication skills
• Ability to meet daily deliverables in a high stress environment

Preferred:

• B.S. Degree in Economics, Finance, Accounting, Business Management, or other related field of expertise
• Knowledge of Murex, Aladdin, DTCC, TriResolve and Bloomberg a plus

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.
The expected salary range for this position is $87,900 - $110,000. This role may also be eligible for annual short-term incentive compensation. 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 2025 "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 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 [email protected]. 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.
$87,900 - $110,000
#BI-Hybrid