Director, Systematic Fixed Income PM

MetLif; Whippany (NJ); Hybrid; USD 205,000 - 225,000; Full time

Benefits offered by this job

Hybrid work schedule

Annual incentive program

Stock-based long-term incentives

Job summary

MetLife Investment Management (MIM) invites you to join a team driving impact in global fixed income. The Director, Portfolio Manager – Systematic Fixed Income leads quantitative research, model development, and client communications as the portfolio expands into new markets.

This hybrid, New Jersey-based role requires 5–10 years of experience, a master’s or PhD in a technical field, and strong Python, SQL, econometrics, and fixed income knowledge.

Qualifications

• 5–10 years of working experience.
• Master’s or PhD in a technical and quantitative field from a top university.
• Proficiency in math, econometrics, and time series analysis.
• Advanced programming skills in Python, R, and SQL.
• Knowledge of fixed income asset classes and valuation methods.
• Strong communication skills, verbal and writing.

Responsibilities

• Develop and manage quantitative strategies.
• Generate strategies and products; collaborate with sales/marketing.
• Manage portfolio operations; generate trades; monitor risk.
• Interact with clients; explain investment process; write reports.
• Engage in full life cycle of fixed income research.
• Build data infrastructures; design databases; process data.
• Create software/tools; CI/CD; documentation.

Skills

Quantitative analysis

Python

SQL

Econometrics

Fixed income

Portfolio management

AI tools

Communication

Education

Master's or PhD in a technical/quantitative field

Tools

Bloomberg PORT

Bloomberg AIMS

DataStream

FactSet OnDemand

Job description

MetLife Investment Management (MIM) offers the chance to be part of a team driving impact in global markets. With $742 billion in assets under management, as of 12/31/25, we apply expertise in Fixed Income, Equities, Private Credit, and Real Estate to create thoughtful, risk-managed investment solutions for institutional clients. Recognized as a 2025 Best Place to Work in Money Management by Pensions & Investments, MIM is where experience meets impact. You’ll turn ideas into action, collaborate with industry professionals, and help build a legacy spanning over 150 years in a dynamic environment where your work truly matters.

The Opportunity

The Director, Portfolio Manager – Systematic Fixed Income sits within the IAM (Insurance Asset Management) team. The current portfolio is a $600~700 million AUM multi-asset fixed income strategy focused on the Taiwan market, serving both institutional and retail clients. New strategies and products will expand into additional markets, including pension, endowment, insurance, and reinsurance.

In this role, you will:

• Develop and manage quantitative strategies
  • Generate strategies and develop products that meet market demands and provide solutions to client needs. Work with sales and marketing to promote products
  • Manage strategies and perform portfolio operations. Generate and execute trades. Monitor positions, performance, and risks. Track and address portfolio issues with traders, fundamental analysts, brokers, middle office, custodians, vendors, and clients
  • Interact with clients. Communicate investment process and philosophy. Address client questions and concerns. Write commentaries and client reports
• Engage in full life cycle of fixed income research
  • Generate ideas, conduct research, and build models to forecast expected returns and risks for Fixed Income asset classes, including but not limited to: currencies, rates (treasury, bond futures, interest rate swap), corporate credit (investment grade & high yield), emerging market debt (sovereign and corporates, hard-currency and local-currency), securitized, agency debt, and inflation-linked bonds
  • Build, maintain, and continuously improve data infrastructures. Design databases. Collect and process data from vendors and public data sources.
  • Create and maintain software and codes. Implement tools for data processing, factor research, model estimation, portfolio construction, portfolio management operations, and reporting. Manage software development under a CI/CD framework with code reviews, issue tracking, and documentation components

#MIM

Key Responsibilities

In this role, you will:

• Develop and manage quantitative strategies
• Generate strategies and develop products that meet market demands and provide solutions to client needs. Work with sales and marketing to promote products
• Manage strategies and perform portfolio operations. Generate and execute trades. Monitor positions, performance, and risks. Track and address portfolio issues with traders, fundamental analysts, brokers, middle office, custodians, vendors, and clients
• Interact with clients. Communicate investment process and philosophy. Address client questions and concerns. Write commentaries and client reports
• Engage in full life cycle of fixed income research
• Generate ideas, conduct research, and build models to forecast expected returns and risks for Fixed Income asset classes, including but not limited to: currencies, rates (treasury, bond futures, interest rate swap), corporate credit (investment grade & high yield), emerging market debt (sovereign and corporates, hard-currency and local-currency), securitized, agency debt, and inflation-linked bonds
• Build, maintain, and continuously improve data infrastructures. Design databases. Collect and process data from vendors and public data sources.
• Create and maintain software and codes. Implement tools for data processing, factor research, model estimation, portfolio construction, portfolio management operations, and reporting. Manage software development under a CI/CD framework with code reviews, issue tracking, and documentation components

Required Qualifications

Basic Qualifications:

• 5-10 years of working experience
• A master’s or PhD degree in computer science, mathematics, physics, economics, finance, or other technical and quantitative disciplines from a top university with a strong academic record
• Proficiency with math, econometrics, and time series analysis
• Knowledge and experience in optimizations, in particular convex optimization
• Advanced programming skills, coding experience in Python, R, and SQL
• Knowledge of fixed income asset classes, instruments, valuation methods, main driver of returns and risks
• Strong communication skills, both verbal and writing
• Ability to multi-task
• Ability to learn new skills quickly
• Ability to use approved AI tools to support routine tasks such as drafting summarizing, and organizing information, and improving day-to-day efficiency.
• W orking knowledge of AI capabilities with the ability to evaluate and validate outputs with guidance.

Preferred Qualifications

Preferred Qualifications:

• Math, physics, or computer science award winners
• Experience in fixed income factor investing
• Familiarity with fixed income trading process and operations
• Client-facing experience
• Working knowledge of Bloomberg tools (PORT, AIMS), DataStream, FactSet OnDemand
• Familiarity with big data, machine learning, AI

Location Expectation: This is a hybrid role requiring a minimum of 3 days per week in office.

The expected salary range for this position is $205,000 - $225,000

This role may also be eligible for annual short-term incentive compensation and stock-based long-term incentives. All incentives and benefits are subject to the applicable plan terms.

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, paid time off, paid holidays, volunteer time off, tuition assistance and much more! For more information regarding MetLife’s U.S. benefits, please

About MetLife

Recognizedon Fortune magazine's list of the "World's Most Admired Companies",Fortune World’s 25 Best Workplaces™, as well as the Fortune 100 Best Companiesto Work For®, MetLife, through its subsidiaries and affiliates, is one of theworld’s leading financial services companies; providing insurance, annuities,employee benefits and asset management to individual and institutionalcustomers. With operations in more than 40 markets, we hold leading positionsin the United States, Latin America, Asia, Europe, and the Middle East.

As part of our New Frontier strategy, MetLife is building an AI-enabled, people-centered future. We’re looking for people who bring curiosity, adaptability, and a growth mindset as we use AI to enhance how we serve customers, support communities, and evolve the way work gets done. At MetLife, AI is a responsible partner that supports human judgment, creativity, and continuous improvement while helping us build trust, inclusion, and long-term value.

Our purposeis simple - to help our colleagues, customers, communities, and the world atlarge create a more confident future. United by purpose and guided by our corevalues - Win Together, Do the Right Thing, Deliver Impact Over Activity, andThink Ahead - we’re inspired to transform the next century in financialservices. At MetLife, it’s #AllTogetherPossible . Join us!

MetLife is an Equal Opportunity Employer. All employment decisions are made without regards to race, color, national origin, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, marital or domestic/civil partnership status, genetic information, citizenship status (although applicants and employees must be legally authorized to work in the United States), uniformed service member or veteran status, or any other characteristic protected by applicable federal, state, or local law(\"protected characteristics\"). If you need an accommodation due to a disability, please email us at [e-mail]. 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.

This posting is for a current vacancy and is anticipated to remain open for at least 90 days from the listed posting date.