MIM - Associate - Residential Credit

Join to apply for the MIM - Associate - Residential Credit role at Met Life Investment Management
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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.

• 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

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

The expected salary range for this position is $110,000 - $125,000. 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 programs, parental leave, volunteer time off, tuition assistance and much more!

Recognized on Fortune magazine's list of the "World's Most Admired Companies", Fortune World’s 25 Best Workplaces™, as well as the…