MetLife Investment Management · 3 months ago
MIM - Associate - Residential Credit
Whippany, NJ
Full-time
Hybrid
Entry, Mid Level
$110K/yr - $125K/yr
2+ years expMetLife Investment Management is one of the largest institutional investors and asset managers in the world, recognized for its commitment to excellence in money management. The Investment Associate, Residential Credit will oversee portfolio management of residential investments, focusing on maximizing asset returns and improving operational efficiencies.
Financial Services
Responsibilities
Proactive oversight of Mortgage Servicing Vendors with the goals of:
Growing/strengthening relationships
Solving cash or data-related problems as they arise
Probing for operational improvements on the servicing of our portfolio, and primarily
Maximizing asset return via oversight on default servicing for distressed loans, REO, and post-liquidation collection opportunities
Assist with regular cyclical portfolio operational tasks with an eye toward efficiency, detail-orientation and automation for tasks such as:
Trade settlement, and repurchases
Asset pledging and data circulation to downstream vendors
Portfolio pricing and valuations
Remittance processing and accounting
Assess portfolio performance relative to trade date expectations
Build reporting needed for internal operations or form client request with clarity and professionalism
Support senior management with client data deliverables
Understand market participants, technical price patterns, and alternative return strategies
Develop investment and cash flow models as needed to evaluate investment opportunities
Price various forms of credit risk using proprietary models
Seek ways to scale investment process
Qualification
Required
Technical skills in SQL and Microsoft Office are necessary, with Python or Residential Credit Modelling experience a plus
Meaningful understanding of residential mortgage servicing
Understanding of fixed income and residential mortgage credit
Understanding of diverse Residential Mortgage asset subtypes including NonQM, GSE RPL, RTL, BPL, Cross-Collateral, and post-liquidation deficiency
Ability to methodically solve problems and quantify solutions
Experience working in a result-oriented environment with multiple competing deadlines
Strong skills related to data manipulation and analysis along with communication and presentation skills that can tailor both technical and non-technical audiences
Knowledge of financial concepts including but not limited to financial statements, fixed income investments, credit risk, swaps and other derivatives
Preferred
Undergraduate degree or higher
2+ years of work experience in mortgage or ABS investments that emphasize quantitative methods and structuring
Benefits
Comprehensive health plan that includes medical/prescription drug and vision
Dental insurance
No-cost short- and long-term disability
Company-paid life insurance
Legal services
Retirement pension funded entirely by MetLife
401(k) with employer matching
Group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance
Employee Assistance Program (EAP)
Digital mental health programs
Parental leave
Volunteer time off
Tuition assistance
Company
MetLife Investment Management
MetLife Investment Management serves institutional investors around the world by combining a client-centric approach with deep and long-established asset class expertise in managing Fixed Income, Private Credit and Real Estate.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Michael J. Yick
Managing Director/VP & CFO, MetLife Investment Management
Kathryn L Campbell
Managing Director & Chief Operating Officer
Recent News
GlobeNewswire
2026-01-22
Beinsure - Insurance, Reinsurance, InsurTech Insights
2026-01-14
2025-12-30
Company data provided by crunchbase