MIM - Associate - Private Placements

MetLife; Whippany (NJ); Hybrid; USD 120,000 - 140,000; Full time

Benefits offered by this job

Health insurance

401(k) with employer matching

Life insurance

Disability coverage

Tuition assistance

Job summary

MetLife Investment Management (MIM) invites you to join the Private Fixed Income team as an Associate focused on residential whole loan opportunities. You will analyze opportunities from multiple seller types, assess prepayment and credit risk, and validate model assumptions in a collaborative, growth-focused environment.

You will build cash flow and credit models, support pricing and capital-structure design, and monitor outcomes against expectations while developing market expertise and

Qualifications

• Cash flow modeling expertise and strong knowledge of fixed income, residential mortgage credit.
• Proficiency in data analysis, modeling, and Python and advanced spreadsheets.
• Strong analytical, problem-solving, and quantitative skills with attention to detail.
• Ability to organize, coordinate, and manage complex deal information efficiently.
• Proven success in fast-paced environments with deadlines and competing priorities.
• Effective communication and presentation skills with a commitment to growth.

Responsibilities

• Evaluate and triage residential credit investment opportunities.
• Support underwriting through analysis of key performance drivers and risk factors.
• Run, validate, and calibrate cash flow and credit performance models for pricing and expectations.
• Design and optimize capital structures and allocate opportunities across portfolios.
• Monitor portfolio performance against original investment assumptions and market expectations.
• Develop market expertise and build relationships with sellers and clients; drive initiatives.

Skills

Cash flow modeling

Fixed income

Residential mortgage credit

Python

Advanced spreadsheets

Data analysis

Analytical thinking

Communication skills

Deal information management

Education

Undergraduate degree or higher

Tools

AI enabled tools

Pricing models

Job description

At MetLife Investment Management (MIM), the Private Fixed Income team offers the opportunity to apply your expertise in differentiated markets and help drive long-term value for our clients. You will be part of a team investing across private corporate and infrastructure debt, private asset-based finance (ABF) and residential credit, taking a disciplined approach to sourcing and structuring unique high-quality private asset investments for clients. Recognized as a 2025 Best Place to Work in Money Management by Pensions & Investments, MIM offers a collaborative environment where innovation and strategic thinking drive customized solutions for clients and meaningful career growth for you.

The Opportunity

The Associate will be responsible for analyzing residential whole loan opportunities from a wide of seller types including mortgage originators, hedge funds, private equity firms and broker dealers. These investments are driven by both internal and external third-party demand. The associate will evaluate residential whole loan opportunities taking into account both prepayment and credit risk as well as leveraging performance from the portfolio to validate model assumptions. This is an exciting opportunity to join a collaborative team that is established but also growing.

Key Responsibilities

• Evaluate and triage residential credit investment opportunities.
• Support underwriting through analysis of key performance drivers and risk factors.
• Run, validate, and calibrate cash flow and credit performance models to determine investment pricing and expectations.
• Design and optimize capital structures and allocate opportunities across investment portfolios.
• Monitor portfolio performance against original investment assumptions and market expectations.
• Develop market expertise, build relationships with sellers and clients, and proactively drive initiatives forward.

Required Qualifications

• Cash flow modeling expertise and strong knowledge of fixed income, residential mortgage credit, and related financial instruments.
• Proficiency in data analysis, modeling, and technical tools such as Python and advanced spreadsheets.
• Strong analytical, problem-solving, and quantitative skills with exceptional attention to detail.
• Ability to organize, coordinate, and manage complex deal information efficiently.
• Proven success in fast-paced, results-driven environments with multiple competing priorities and deadlines.
• Effective communication and presentation skills, with a commitment to professional growth and continuous learning.

Preferred Qualifications

• 3-5 years of work experience in mortgage or ABS investments that emphasize quantitative methods and structuring
• Undergraduate degree or higher
• Familiarity with pricing models
• Prior experience with a mortgage company or platform that has invested in residential mortgages
• Experience with AI enabled tools

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 $120,000 - $140,000. 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

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 click here.

About MetLife

Recognized on Fortune magazine's list of the "World's Most Admired Companies", Fortune World’s 25 Best Workplaces™, as well as the 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.

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 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 our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we’re inspired to transform the next century in financial services. 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.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liabilities.

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