AI-Driven Market Risk & Derivatives Leader

MetLife; Whippany (NJ); Hybrid; USD 164,000 - 219,000; Full time

Benefits offered by this job

Health insurance

401(k) with employer matching

Life insurance

Job summary

MetLife is seeking an AVP, Market Risk & Derivatives to provide second-line oversight of derivatives and reinsurance activities. You will guide risk monitoring, governance, and hedge testing while maintaining risk scenario generators and key quantitative processes.

You will lead a team in a hybrid work model, collaborating across ALM, liquidity, and reinsurance metrics, leveraging AI capabilities and advanced analytics to support strategic risk decisions.

Qualifications

• Advanced degree in Mathematics, Financial Mathematics, Quantitative Finance, Predictive Analytics, or related; or equivalent quantitative expertise.
• 7+ years investment, derivative, or ALM related experience.
• Ability to leverage analytical and AI-assisted tools to integrate data, perform quantitative analyses, and communicate risk insights.
• Strong understanding of stochastic processes.
• Ability to manage multiple priorities and work in cross-functional teams.
• Strong Excel modeling skills.

Responsibilities

• Oversee derivatives and reinsurance risk monitoring and measurement, including Potential Future Exposure calculation and counterparty risk limit setting.
• Oversee Hedge Effectiveness Testing and challenge processes.
• Maintain MetLife’s Risk Neutral Economic Scenario Generator and deterministic rate generator; ensure timely delivery to systems.
• Lead monitoring capabilities for reinsurance risk metrics, hedge and investment guidelines.
• Collaborate with Market Risk on ALM/Liquidity projects, including liquidity dashboards and FX monitoring.
• Coordinate with Derivatives Middle Office, Front Office and IT to keep systems up-to-date.

Skills

Analytical skills

AI tools

Excel modeling

Education

Advanced degree in Mathematics/Finance/Quantitative fields

Tools

Numerix

Python

Job description

MetLife is seeking an AVP, Market Risk & Derivatives to provide second-line oversight of derivatives and reinsurance activities. You will guide risk monitoring, governance, and hedge testing while maintaining risk scenario generators and key quantitative processes.

You will lead a team in a hybrid work model, collaborating across ALM, liquidity, and reinsurance metrics, leveraging AI capabilities and advanced analytics to support strategic risk decisions.