MIM - Debt Associate

Description and Requirements
The Team You Will Join
Global Real Estate and Agricultural offers an opportunity to shape thriving markets and drive meaningful impact. With one of the world's largest portfolios - spanning real estate, debt and equity, and agricultural mortgages - we connect expertise with discipline, investing across the risk spectrum - from core to opportunistic. Here, you'll collaborate with top professionals, navigate evolving markets and contribute to investments that drive performance through value creation and above-market returns. If you're looking for a role that combines strategic thinking with real-world impact, MetLife Investment Management is where you will make a difference.
The Opportunity
MIM's Global Real Estate and Agricultural Investments maintains a portfolio invested in commercial real estate and agricultural mortgages, as well as real estate equities. In addition to sourcing and managing these investments, the groups are responsible for developing and maintaining relationships with key industry contacts and referral sources. The mortgage portfolio and equity portfolio units are organized according to specialty, and they actively manage MetLife's portfolio of mortgage loans and equity investments in agricultural, office, apartment, retail, industrial, and hotel properties. The portfolio units are responsible for overall portfolio strategy, pricing, transaction approval and credit approval on new loans, as well as the active management of the overall mortgage and equity portfolios. Real Estate Investments sources and manages commercial real estate investments through seven regional field offices (Atlanta, Chicago, Dallas, Los Angeles, San Francisco, Washington, DC, and Whippany, NJ) and four international offices (London, Mexico City, Tokyo and Santiago).
The Debt Associate will support a local team of real estate professionals originating, closing, and managing commercial real estate loan investments on behalf of MetLife's General Account portfolio and Investment Management and debt fund clients. Participate in the evaluation, analysis, underwriting, negotiation and closing of new debt transactions and the servicing of the existing loan portfolio.
Key Responsibilities

• Support origination, underwriting, negotiating, closing and management of commercial real estate loan portfolio
• Develop and maintain external relationships with key market participants, such as mortgage bankers, developers, operators, and investors.
• Assist with underwriting potential new commercial real estate loan investments, including evaluating the collateral, sponsorship, and structure.
• Assist in the preparation of transaction memoranda and the presentation to investment committees for approval.
• Participate in the negotiation of loan documents.
• Participate in the closing process for new transactions which may include completing all due diligence, and coordinate with loan asset managers, production analysts, attorneys, architects, appraisers, and other third-party service providers.
• Support the efforts in the management and administration of commercial real estate loan investments in the portfolio, including annual mortgage ratings/surveillance, collateral valuations, property inspections, lease approvals, and loan assumptions and modifications.
• Assist in pro-actively managing a real estate loan portfolio with stated strategies.
• Prepare and analyze loan portfolio reporting requests, as needed.
• Develop a strong understanding of real estate market trends (leasing, investment sales, etc.) in the various sub-markets pursued.
• Learn the existing MetLife Northeast mortgage debt portfolio, with a focus on existing borrowers, properties, and exposures.

Required Qualifications

• Results-driven professional with 5+ years of experience in commercial real estate investment, including commercial real estate loan origination.
• Basic understanding of complex capital structures and the risks associated with different positions in a complex capital stack.
• Strong interpersonal and oral and written communication skills.
• Established real estate analytical skills including property valuation, market analysis, lease analysis, and mortgage analytics.
• Strong quantitative and computer skills including proficiency with Argus Enterprise, Excel, Word, PowerPoint, and the ability to quickly master proprietary internal systems and familiarity with the leading commercial real estate market data resources (i.e.-CoStar, CBRE Econometric Advisors, Real Capital Analytics, etc.).
• Team oriented with strong work ethic and time management skills.
• Seeking candidates who have relevant experience (knowledge of Argus Enterprise) and familiarity with the leading commercial real estate market data resources (i.e.-CoStar, CBRE Econometric Advisors, Real Capital Analytics, etc.).
• Team oriented with strong work ethic and time management skills.
• Bachelor's degree in an applicable business-related field
• In order to post for this position, you need the proper work authorization to work in the country where the position is located and not require relocation assistance.

Preferred Qualifications

• MBA preferred

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 $115,000 - $140,000 . 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.
Benefits We Offer
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 MetLife 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, paid time off, paid holidays, volunteer time off, tuition assistance and much more!
About MetLife
Recognized on Fortune magazine's list of the "World's Most Admired Companies", Fortune World's 25 Best Workplaces™, as well as the Fortune 100 Best Companies to Work For®, MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!
MetLife is an Equal Opportunity Employer. All employment decisions are made without regards to race, color, national origin, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, marital or domestic/civil partnership status, genetic information, citizenship status (although applicants and employees must be legally authorized to work in the United States), uniformed service member or veteran status, or any other characteristic protected by applicable federal, state, or local law ("protected characteristics").
If you need an accommodation due to a disability, please email us at [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application process.
MetLife maintains a drug-free workplace.
#BI-Hybrid