MIM - Associate - Syndicated Bank Loans

Based in Whippany, New Jersey, Met Life 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  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.

• Coordinate with counter parties, 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 (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.

• Utilize loan settlement platforms (e.g., Clear Par, 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.

• 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 counter parties to facilitate smooth trade execution.

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

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 (Clear Par, WSO, Loan IQ, etc.).
• Bachelor’s degree in Finance, Business, or related field.

Preferred:

• MBA preferred.

At Met Life, 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.

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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.

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 Met Life 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…