MetLife Jobs

Associate - Derivatives Valuation

City/Cities

Whippany

State(s)

New Jersey

Country

United States

Working Schedule

Full-Time

Work Arrangement

Hybrid

Relocation Assistance Available

No

Posted Date

25-Mar-2024

Job ID

1867

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 (https://youtu.be/5Cz9r05j9AE) . Join us!

An outstanding growth opportunity exists for a candidate with a finance background to join the growing Derivatives Middle Office. The Derivatives Associate will be an integral member of the Derivative Valuations Group that provides trade support including valuation reconciliation, derivative modeling, and multi-platform reconciliation. The individual will work within a team environment to contribute to the Derivative Valuations Group’s initiatives and ongoing projects. Responsibilities, given below, are well integrated into a strong, collaborative, group environment that encourages self-development, as well as striving for success as a team.

Key Responsibilities:

· Provide coverage for both International and Domestic derivative trading desks

· Review trade valuation to ensure consistency across MII’s financial platforms

· Setup and maintenance of derivative instruments within MII’s platforms and databases

· Contribute to the development, analysis and testing of new models to support ongoing initiatives

· Produce regular valuation and analytics reporting related to derivatives positions

· Communicate collaboratively with front office, risk, settlements, and technology, to ensure accuracy of positions, and readiness for market events, or new regulations

· Conduct due diligence for research projects and investigations of a specialized nature as requested by senior management and external auditors

· Support the Collateral and Derivatives Settlement processes if needed

· Assist in the development of new systems’ capabilities to support expansion of international business and the related scope of derivatives products

Essential Business Experience and Technical Skills:

Required:

· 5-7 years of experience within derivatives operations

· Strong derivatives product knowledge

· Familiarity with valuations systems such as Murex, Blackrock Aladdin and Numex preferred

· Strong SQL database and VBA coding skills

· Computer science or object-oriented programing experience a plus

· Demonstrates the ability to work independently and as part of a team environment

· Strong analytical skills

· Risk-adverse mindsight in order to prioritize urgent action items

Preferred:

· Bachelor’s Degree in Finance, Business Administration or Computer Science

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.”

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 2023 "World's Most Admired Companies" as well as the 2023 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 (https://www.metlifecareers.com/ml/GreatPlaceToWork) . Join us!

Equal Employment Opportunity/Disability/Veterans

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.