Associate Director - Mortgage Credit - Modelling and Analytics

Role Value Proposition: 

MetLife Investment Management (MIM) is one of the largest institutional investors and asset managers in the world, with over $651 billion in combined managed assets, and has consistently generated superior returns for both policyholders and shareholders. The enterprise has more than 900 dedicated professionals with extensive experience and expertise across public and private fixed income and private assets, including real estate.  Visit us at  to learn more.

MetLife is looking to hire an Associate Director who will be responsible for assisting in residential mortgage loan modelling, analytics, reporting, operations, and management.  This group manages a portfolio of over $15B in residential whole loan mortgage credit across three different client portfolios.

Key Responsibilities: 

• Become an expert on internal credit and cash flow models. 
• Create and program new models as needed for different mortgage sectors like Non-QM, Prime & Near Prime Jumbo, Agency Eligible Investor, Reperforming Loans, Non-Performing Loans.
• Run monthly processes to capture mortgage performance and payment data within internal and external database systems.
• Identify and fix data discrepancies between multiple sources.
• Identify and address any issues related to process and data flows.
• Assist in tracking and reporting the performance of the residential whole loan portfolio.
• Query internal database and utilize 3rd party analytical tools to evaluate portfolio performance.
• Monitor performance of models compared to actual results and make necessary changes to the model.
• Analyze external data for new loan products.
• Provide analytical support to residential mortgage loan trading and management team.
• Identify and suggest new ways to analyze investment opportunities.
• Provide data and support to new securitization deals backed by our mortgage collateral.
• Provide ad-hoc analysis and data requests from internal and external audit, risk, compliance, and portfolio management teams.
• Oversee 3rd party servicers and drive changes to loss mitigation and modification waterfalls.
• Reduce losses through FC and REO oversight.

Essential Business Experience and Technical Skills

Required:

• Excellent interpersonal and communication skills.
• Must be able to manage information flows effectively and deal with massive amounts of data.
• Ability to work in a dynamic environment and solve problems.
• Must be able to simultaneously handle multiple tasks.
• Ability to learn new concepts and applications in a timely manner.
• Experience with Excel.
• Experience with any programming language, such as C++, C#, VBA, Python.
• Experience with databases, such as SQL Server or Oracle.
• BA/BS in Finance, Accounting, Business, Economics, Math, Statistics, Computer Science, or any other related field of expertise.

Preferred:

• MBA or CFA.
• Experience in the Mortgage or RMBS market.
• Experience with statistical tools.

Travel

Negligible

Business Category

Investments

Number of Openings

1

#MIM

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.”