What are the responsibilities and job description for the Derivatives Analyst - Middle Office Operations position at MetLife?
Job Location: United States : New Jersey : Whippany
Alternate Job Location: Not Applicable : Not Applicable
Work Arrangement: Hybrid
MetLife Investment Management (MIM) is one of the largest institutional investors and asset managers in the world, with over $669 billion in combined managed assets, and has consistently generated superior returns for both policyholders and shareholders. The enterprise has more than 900 dedicated professionals with extensive experience and expertise across public and private fixed income and private assets, including real estate. Visit us at www.metlife.com/investments to learn more.
The Collateral Management Group within Derivatives Middle Office plays an integral part in managing the counterparty risk across MIM for numerous lines of business including OTC derivatives, Exchanged Traded derivatives, Federal Home Loan Bank, MSFTA’s, Securities Lending, and MIM’s 3rd Party Asset Management business. The Senior Analyst will work within a team environment to support MIM’s growing derivative and capital market’s businesses as well as contribute to and lead company initiatives. The position engages directly with trading, valuations, risk management, IT, operations, finance as well as countless external counterparties and vendors across the street. Responsibilities, given below, are well integrated within a strong team environment.
Key Responsibilities:
- Review and execute daily margin activity globally for Securities Lending, OTC Derivatives, Exchanged Traded Derivatives, Capital Markets and MSFTAs.
- Manage the daily trade settlement process for FED and DTC securities with our CPs and custodian bank; initiate internal security moves between MetLife portfolios as necessary.
- Investigate and resolve daily cash and security breaks.
- Contribute to analysis, development, testing, and integration of new applications and enhancements.
- Prepare and review daily, weekly, and quarterly reports for Senior Management.
- Ability to liaise with Trading, Middle Office, Legal, PMU, Audit, and Back Office.
- Look for new ways to automate and increase efficiency within the current workflow.
Essential Business Experience and Technical Skills:
Required:
- 0-2 years of investments experience within a financial services firm.
- 0-2 years of investment operations experience supporting fixed income or derivatives.
- 0-1 years of collateral management/settlement experience.
- Strong understanding of investment accounting reporting, data integrity and fixed income analytics.
- Strong analytical, problem solving, and collaborative skills.
- Advanced Excel Skills – (Pivots, macros, vlookup, graphs).
- Excellent interpersonal and communication skills.
- Ability to meet daily deliveries in a high stress environment and thrive.
- Professional, self-motivated, and self-aware.
- Flexible and adaptive to change in a dynamic environment.
Preferred:
- B.S. Degree in Economics, Finance, Accounting, Business Management, or other related field of expertise
- Knowledge of CALYPSO, Murex, Aladdin/Deco, Tri-Resolve, and Bloomberg a plus.
Assignment Category
Full-Time
Travel
Negligible
Business Category
Investments
Number of Openings
1
#MIM
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.”
MetLife:
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 help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.
We are one of the largest institutional investors in the U.S. with $642.4 billion of total assets under management as of March 31, 2021. We are ranked #46 on the Fortune 500 list for 2021. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row. DJSI is a global index to track the leading sustainability-driven companies. We are proud to have been named to Fortune magazine’s 2021 list of the “World’s Most Admired Companies.”
MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.
We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife. For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below.
MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.
MetLife maintains a drug-free workplace.
