MIM - Associate - Syndicated Bank Loans

MetLife, Inc.; New Jersey; Hybrid; USD 100,000 - 130,000; Full time

Benefits offered by this job

Health plan

401(k) with company match

Disability insurance

Job summary

MetLife Investment Management is seeking an experienced Syndicated Bank Loan Closer in Whippany, NJ to manage end-to-end settlement of primary and secondary syndicated loan trades. You will ensure timely closing, accuracy, and compliance with market standards.

The role requires 5-7 years in syndicated loan operations, proficiency with loan settlement platforms, and a finance-related degree. This is a hybrid role with in-office expectations in New Jersey.

Qualifications

• 5-7 years of experience in syndicated loan operations or trade settlement.
• Familiarity with LSTA/LMA standards and syndicated loan lifecycle.
• Strong attention to detail, organizational skills, and ability to manage multiple priorities.
• Proficiency in Excel and loan settlement platforms (ClearPar, WSO, Loan IQ).
• Bachelor’s degree in Finance, Business, or related field.

Responsibilities

• Coordinate with counterparties, agents, custodians, and internal teams to facilitate timely settlement of syndicated loan trades.
• Review and reconcile trade details, allocations, and documentation to ensure accuracy and completeness.
• Monitor and manage settlement pipelines to minimize failures and reduce settlement times.
• Ensure all required documentation is properly executed and archived; adhere to guidelines and internal policies.
• Maintain records of trade activity and generate reports for management and audit purposes; support system enhancements and UAT.

Skills

Syndicated loan operations

Trade settlement

Attention to detail

Education

Bachelor’s degree in Finance or Business

MBA (preferred)

Tools

Excel

ClearPar

WSO

Loan IQ

Job description

Based in Whippany, New Jersey, MetLife Investment Management (“MIM”) is one of the largest institutional investors and asset managers in the world, with approximately $600 billion in combined managed assets. MIM has been ranked a “Best Places to Work in Money Management” by Pensions & Investments for four consecutive years and has consistently generated superior returns for both policyholders and shareholders. The enterprise has more than 850 dedicated professionals with experience and expertise in all asset classes, with a strength in public and private fixed income and private assets, including private equity and real estate. Visit us at www.metlife.com/investments to learn more.

The Syndicated Bank Loan Closer is responsible for managing the end-to-end settlement process of primary and secondary syndicated loan trades. This role ensures timely and accurate closing of trades while maintaining compliance with market standards and internal controls. The ideal candidate will have a strong knowledge of LSTA/LMA documentation, loan systems, and settlement protocols.

Key Responsibilities

Trade Settlement & Closing

• Coordinate with counterparties, agents, custodians, and internal teams to facilitate timely settlement of syndicated loan trades.
• Review and reconcile trade details, allocations, and documentation to ensure accuracy and completeness.
• Monitor and manage settlement pipelines to minimize failures and reduce settlement times.

Documentation & Compliance

• Ensure all required documentation (e.g., assignment agreements, funding memos, consents) is properly executed and archived.
• Adhere to LSTA/LMA guidelines and internal policies for trade closing and settlement.
• Escalate discrepancies or delays to appropriate stakeholders and propose solutions.

Systems & Reporting

• Utilize loan settlement platforms (e.g., ClearPar, IHS Markit, WSO, Loan IQ) to process and track trades.
• Maintain accurate records of trade activity and generate reports for management and audit purposes.
• Support system enhancements and participate in UAT testing as needed.

Stakeholder Communication

• Serve as a key point of contact for front office, middle office, legal, and operations teams regarding trade status and settlement issues.
• Build strong relationships with agent banks and counterparties to facilitate smooth trade execution.

Process Improvement

• Identify opportunities to streamline settlement workflows and reduce operational risk.
• Contribute to team initiatives focused on automation, standardization, and best practices.

Essential Business Experience and Technical Skills

Required:

• 5-7 years of experience in syndicated loan operations or trade settlement.
• Familiarity with LSTA/LMA standards and syndicated loan lifecycle.
• Strong attention to detail, organizational skills, and ability to manage multiple priorities.
• Proficiency in Excel and loan settlement platforms (ClearPar, WSO, Loan IQ, etc.).
• Bachelor’s degree in Finance, Business, or related field.

Preferred:

• MBA preferred.

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.

#MIM

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 $100,000 - $130,000. 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!

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.

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.