Senior AVP, Market Risk & Derivatives Strategy

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

Job summary

MetLife seeks an AVP of Market Risk & Derivatives to lead second-line risk oversight for derivatives and reinsurance, ensuring governance, regulatory compliance and robust risk limits. You will maintain economic scenario and interest rate generators, and drive improvements in risk monitoring and AI-enabled workflows.

The role emphasizes collaboration with ALM, liquidity, and reinsurance teams, with in-office hybrid requirements and a salary range highlighted by the company.

Qualifications

• Advanced degree in Mathematics, Financial Mathematics, Quantitative Finance, Predictive Analytics, or related; or equivalent quantitative expertise demonstrated through professional experience.
• 7+ years investment, derivative, or ALM related experience.
• Ability to leverage analytical and AI-assisted tools to interrogate data, perform quantitative analyses, and communicate risk insights.
• Strong understanding of stochastic processes.
• Strong Excel modeling skills.
• Experience with Numerix is preferred.

Responsibilities

• Oversee derivatives and reinsurance risk monitoring and measurement, including Potential Future Exposure calculation, and counterparty risk limit setting.
• Oversee hedge effectiveness testing and ensure appropriate challenge and scrutiny.
• Maintain MetLife’s Risk Neutral Economic Scenario Generator and deterministic interest rate generator and deliver scenarios to systems on time.
• Lead monitoring capabilities for reinsurance risk metrics, including hedge guidelines and investment guidelines.
• Collaborate with Market Risk on ALM or Liquidity projects, including liquidity dashboard generation and FX monitoring.
• Work with Derivatives Middle Office, Front Office and IT to keep systems up to date.

Skills

AI-assisted analytics

Excel modeling

Stochastic processes

Cross-functional work

Data interrogation

Education

Advanced degree in Mathematics/Quantitative Finance

7+ years investment/derivative/ALM experience

Tools

Numerix

Python

Agentic AI understanding

Job description

MetLife seeks an AVP of Market Risk & Derivatives to lead second-line risk oversight for derivatives and reinsurance, ensuring governance, regulatory compliance and robust risk limits. You will maintain economic scenario and interest rate generators, and drive improvements in risk monitoring and AI-enabled workflows.

The role emphasizes collaboration with ALM, liquidity, and reinsurance teams, with in-office hybrid requirements and a salary range highlighted by the company.