MetLife Assistant General Counsel, Investments Legal in Whippany, New Jersey
Position : Assistant General Counsel, Investments Legal (MIM)
Job Location: Philadelphia, PA and Whippany, NJ
Department: The Investments Law team provides a broad array of legal services to MetLife Investments, comprised of MetLife’s Affiliated Insurance Companies Investment team (AIC) and MetLife Investment Management (MIM). MIM is MetLife’s asset management business that leverages our global scale and reputation, as well as the expertise of its talented investment professionals to deliver long-term investment solutions to institutional clients. MetLife formed MIM in 2012 and since then has grown the business significantly. Our growth has been driven by distinct investment strategies we offer to clients, like commercial mortgages, real estate equity, private placement debt and index strategies. These privately sourced assets – investments that are not publicly traded on an exchange – differentiate us in the marketplace as they provide our clients with access to markets they would not typically have.
The Role : Seasoned and highly experienced Fund structuring attorney to support growing global investment management business. Primary responsibilities of this attorney will be to provide legal support to the MetLife third party institutional investment management platform, which includes multiple private funds and separately managed accounts in various asset classes for both domestic and international institutional clients. Primary responsibilities will include legal support for new product structuring, private fund formation, fund of one structures, and drafting and negotiation of legal documents with respect to such products and existing MIM funds. The attorney will build positive business partner relationships with diplomacy grow talent by training and supervising junior associates and drive results by providing best in class legal advice in a pragmatic and strategic manner in a collaborative environment.
Form and structure new products in support of growing business initiatives; specifically private funds, fund- of one- structures, and other structured vehicles to accommodate domestic and international investor tax and regulatory needs.
Provide legal and strategic advice and counsel to our business partners and their senior management on all legal aspects of a sophisticated institutional investment management platform in a global insurance company.
Provide legal support in connection with negotiation of separate account investment management agreements in private and public fixed income asset classes for domestic and international investors.
Provide ongoing legal support for existing MIM Funds, including review and negotiation of fund and other product documentation, including LPAs, PPMs, and investment management agreements.
Provide legal advice in support in connection with sales and marketing efforts of the MIM business, domestically and internationally.
Provide regulatory advice in connection with MIM operating platform and Fund products to ensure adherence with Investment Advisors Act and applicable Securities Acts regulations.
Proactively and independently analyze and handle complex legal matters with minimal supervision, draft complex legal documents and negotiate matters with internal and external constituents unaided.
Prepare, initiate, advocate and effectively present legal points and recommendations to influence clients and to represent clients as legal counsel.
Support the operational and compliance requirements of this new business by providing cogent SEC and other regulatory guidance.
Maintain diplomatic client relationships and provide education to business partners on relevant legal developments while growing own business acumen.
Efficiently monitor and manage outside counsel’s work product and costs.
Prepare reports for Legal Affairs management.
Provide training to our business partners, junior associates and paralegals, and serve as a model of motivational leadership.
Partner with our units in a collaborative manner to achieve enterprise goals.
Perform other duties as required.
Reports to: SVP & Associate General Counsel
Key Stakeholders : Investments business partners & senior management
Essential Business Experience and Technical Skills:
Juris Doctorate from an accredited law school.
Admitted to practice before Pennsylvania, New York or New Jersey State Bar.
Minimum of 8 years relevant investment management experience in-house or with a law firm.
Demonstrated and detailed knowledge of legal and regulatory issues pertaining to an investment management platform.
Strong technical and functional knowledge of Investment Advisors Act of 1940 and business acumen relevant to investment management platforms.
Familiarity with ERISA is a plus.
Crisp, clear business partner oral and written communication skills; in particular, the ability to reduce legal issues to straightforward practical analysis and advice.
Ability to lead projects and manage interactions with senior investments personnel.
Proactive skill set to drive platform best practices and structure new products.
Ability to oversee operational compliance.
Excellent interpersonal and organizational skills and the ability work collaboratively within the Investments Law unit and across the enterprise while moving projects forward.
Leadership aptitude and interest in developing management competencies.
Ability to effectively organize and manage resources to meet deadlines.
Ability to train and supervise junior associates and paralegals.
Ability to independently analyze all legal issues, draft documents and negotiate.
MetLife Success Principles
Experiment with Confidence – Courageously learn and test new ideas without fear of failure
Act with Urgency – Demonstrate speed to action with agility and determination
Seek Diverse Perspectives – Source ideas and feedback to expand thinking and make informed decisions
Seize Opportunity – Drive responsible growth and identify areas for continuous improvement
Champion Inclusion – Foster an environment where everyone is valued, heard, and can speak up
Create Alignment – Partner with others across the organization with candor and transparency
Take Responsibility – Be accountable and act in pursuit of the right outcomes
Enable Solutions – Anticipate and address obstacles while managing risk
Deliver What Matters – Execute meaningful priorities and follow through on commitments
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 $600 billion of total assets under management as of December 31, 2019. We are ranked #44 on the Fortune 500 list for 2019. In 2019, we were named to the Dow Jones Sustainability Index (DJSI) for the fourth year in a row. DJSI is a global index to track the leading sustainability-driven 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. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to firstname.lastname@example.org or call our Employee Relations Department at 1-877-843-3711.
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.
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