MetLife Associate, Investment Manager Oversight in Whippany, New Jersey
Role Value Proposition:
MetLife Investment Management (MIM) is one of the largest institutional investors and asset managers in the world, with over $651 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.
This position within Investment Manager Oversight will provide analysis, oversight and evaluation of MetLife’s US and International Separate Account investment managers including:
Conducting manager reviews / due diligence (assessing qualitative/ quantitative metrics, peer / benchmark performance).
Assisting with the continued build out of manager oversight infrastructure, reporting processes, and reporting dashboards for the overall business.
Manager Research and Selection: Quantitative screening (e.g., performance evaluation, risk analysis, style consistency, peer group / benchmark comparisons). Qualitative evaluation (e.g., management/organization, personnel, culture, etc.). Monitor and evaluate industry and market trends.
Review / analyze portfolio performance: performance relative to benchmark / peers, quantitative independent analysis such as risk adjusted returns, regime specific performance, performance attribution by style, market cap, region, sector and factor.
Monitor fund families and manager headlines for news events. Report on business impact, concentrations and concerns.
Infrastructure Build Out: Develop tools and reporting dashboards to monitor existing managers and capture anomalies at the firm, fund and manager level. Create internal dashboards of manager / fund exposures by investment styles (passive / active), sectors (such as equities, fixed income, balanced, and alternatives) and mandates.
Review investment guidelines and evaluate modifications for new security types and investment techniques.
Provide accurate reporting for internal monitoring purposes including manager positions, fund information and performance attribution.
Essential Business Experience and Technical Skills:
5+ years of investment experience preferably gained through relevant pension / endowment / foundation / sovereign wealth fund / investment consulting / private wealth experience
Strong quantitative and technical skills
Strong Excel (preferable experience with VBA), PowerPoint and Power BI skills.
Organized, detail-oriented and able to prioritize multiple projects
Working knowledge of multiple investment strategies and asset classes
Ability to work effectively with others across multiple departments, teams and levels
Proficiency with investment analytics (e.g. Bloomberg, BondEdge, eVestment, Morningstar, Lipper)
- MBA and/or CFA preferred, other investment certifications a plus
Investment Manager Oversight
Number of Openings
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, 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.
Requisition #: 120582