What are the responsibilities and job description for the Director - CMBS position at MetLife Investment Management?
Requirements
Description and Requirements
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 “2023 Best Place to Work in Money Management” by Pensions & Investments. Visit us at www.metlife.com/investments to learn more about MIM.
The Opportunity
An outstanding opportunity exists to join MetLife’s Structured Products team. As the Director, Commercial Mortgage-Backed Securities (CMBS), you will be responsible for various aspects of credit analysis and managing the CMBS portfolio. Responsibilities, outlined below, are well integrated within a strong team environment. Ideally you will have a deep understanding of various types of CMBS deals (Conduit, SASB, CRE CLO, Agency) and will be proficient in various aspects of managing a large CMBS portfolio and formulating buy/sell investment recommendations for new issue and secondary offerings.
How You’ll Help Us Build a Confident Future (Key Responsibilities)
The salary range for applicants for this position is $153,600 to $204,800.
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 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 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 accommodations@metlife.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.
$153,600 to $204,800
Description and Requirements
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 “2023 Best Place to Work in Money Management” by Pensions & Investments. Visit us at www.metlife.com/investments to learn more about MIM.
The Opportunity
An outstanding opportunity exists to join MetLife’s Structured Products team. As the Director, Commercial Mortgage-Backed Securities (CMBS), you will be responsible for various aspects of credit analysis and managing the CMBS portfolio. Responsibilities, outlined below, are well integrated within a strong team environment. Ideally you will have a deep understanding of various types of CMBS deals (Conduit, SASB, CRE CLO, Agency) and will be proficient in various aspects of managing a large CMBS portfolio and formulating buy/sell investment recommendations for new issue and secondary offerings.
How You’ll Help Us Build a Confident Future (Key Responsibilities)
- Perform ongoing surveillance analysis on CMBS portfolio and make investment recommendations.
- Formulate buy and/or sell recommendations in both new issue and secondary markets by conducting credit, structural, and legal analysis.
- Lead effort to enhance existing technologies, utilized for surveillance and investment analysis, such as develop models to forecast credit performance.
- Analyze and manage large data sets utilized for ongoing risk and investment analysis.
- Develop and maintain relationships and interact independently with various constituents (sell side analysts, rating agencies, bankers, etc.) to stay ahead of underwriting and structural trends and other market developments.
- Collaborate with trading, portfolio management, and other credit analysts in all aspects of managing the CMBS portfolio, such as risk management reports and client request and presentations.
- Conduct top-down and bottom-up analyses including macroeconomic drivers, commercial real estate sector themes, detailed property and loan level analysis as well as deal-level analysis.
- Actively identify investment and derisking opportunities
- 7-10 years of direct industry experience in CMBS investment analysis and commercial real estate loan underwriting
- Strong quantitative and analytical skills with ability to analyze and synthesize large data sets.
- Self-starter, with ability to constantly show initiative and work independently as well as in a collaborative team environment.
- Critical for candidate to be detail oriented and work under tight deadlines.
- Strong a bility to multitask, self-manage deadlines, and shift priorities.
- Advanced proficiency in tools such Microsoft Excel, Word and PowerPoint.
- Excellent verbal, written and presentation skills.
- MBA (or equivalent) and/or CFA preferred.
- Working knowledge of Trepp, Bloomberg, Blackrock Aladdin
The salary range for applicants for this position is $153,600 to $204,800.
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 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 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 accommodations@metlife.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.
$153,600 to $204,800
