MIM - Associate - Private Capital - PABF

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 www.metlife.com/investments to learn more.
MetLife Investment Management ("MIM"), the institutional asset management business of MetLife, Inc., is hiring an Associate to join our U.S.-based Private Asset Based Finance ("PABF") team. The PABF team is a part of MIM's Private Capital group and leads credit analysis and portfolio management of privately placed, non-broadly syndicated asset-based finance deals across a variety of sectors and deal types. The candidate will work as part of the investment team located in MIM's Whippany, NJ office and provide support in the origination and execution of transactions as well as portfolio management functions. Day-to-day responsibilities include working with senior analysts to review and assess financing opportunities as well as interacting with the portfolio management team to address portfolio needs and respond to client inquiries.
The PABF (Private Asset Based Finance) 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.
The PABF team at MetLife Investment Management ("MIM") is responsible for investing in primarily in privately placed, non-broadly syndicated asset-based finance opportunities across a variety of sectors and deal types. The PABF team manages a portfolio of approximately $8.8 billion 03/31/2025) of asset-based transactions on behalf of MIM's affiliated and unaffiliated clients.
The Associate will be an investment professional supporting the PABF 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 PABF team. The role provides candidates with the opportunity to work and interact with various teams across MIM, including Corporates Infrastructure, Client Portfolio Management, Insurance Asset Management, Institutional Client Group, Sales Derivatives, Investment Operations, Legal, and Compliance.
Key Responsibilities:
Origination & Portfolio Management
Execution:

• Support ABF deal teams with underwriting and analysis, including drafting investment memos, executing trades and exploring new asset types and structures
• Contribute to Investment Committee presentations
• Oversee tasks associated with transaction closings
• Collaborate with Client Portfolio Management to align investment opportunities with client objectives

Diligence & Market Analysis:

• Support the team's client and issuer origination initiatives, including preparation of presentation materials and conducting market analyses of opportunities
• Participate in road shows, presentations, issuer and sponsor meetings, as well as due diligence sessions
• Review offering memoranda, sell-side research, rating agency reports and methodologies, along with other pertinent documentation
• Evaluate and synthesize legal structures with guidance from internal and external counsel
• Engage with bankers, sponsors, and advisors regarding transactions and prospective opportunities

Portfolio Management:

• Perform deal-level surveillance and portfolio management monitoring & reporting to senior leaders
• Deliver credit event updates to senior management and clients
• Manage and process amendments, waivers, and changes
• Address client investment requests with the Client Portfolio Management team

Essential Business Experience and Technical Skills:
Required:

• 2-3+ years of relevant structured finance experience or strong credit background
• Superior writing, analytical, quantitative modeling, and basic coding skills are a plus
• Excellent communication and interpersonal skills
• Basic understanding of legal documentation
• Client-focused orientation and flexibility in a dynamic environment
• Strong Word, PowerPoint and Excel skills including spreadsheets, complex formulas, pivot tables and graphs/charts
• Motivated team player and willingness to train and develop junior talent in a high-paced work environment

Preferred:

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

• Experience with credit underwriting and /or illiquid structured 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.
The expected salary range for this position is $130,000 - $150,000. 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, 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.
$130,000 - $150,000
#BI-Hybrid