Director, Corporate Private Placements

Country

United Kingdom

Working Schedule

Temporary

Work Arrangement

Hybrid

Travel Required

25%

Relocation Assistance Available

No

Posted Date

07-May-2024

Job ID

2595

Description and Requirements

PRIVATE CAPITAL: CORPORATE PRIVATE PLACEMENTS, EMEA

Position Title: Director

Location: London (Flexible, hybrid working on offer)

Fixed Term Contract (FTC)

We are a company committed by a solid set of principles (see below) and purposes such as diversity , equity , and inclusion . Our working culture provides flexibility and naturally a ‘ hybrid’ working model as standard. We want to benefit from the many positives that come by having a more diverse working culture throughout all levels of seniority and lines of business.

MetLife Success Principles

• Build Tomorrow – We change and innovate for sustained performance

• Win Together - We collaborate and empower each other to succeed

• Own It - We deliver for our customers

Role Value Proposition:

MetLife Investment Management (“MIM”), the institutional asset management business of MetLife, Inc., is seeking a credit analyst at Director level to join our London corporate private placement team for a fixed term of 6 to 9 months.

The primary function of the role is to source, analyse, and negotiate Corporate Private Placement debt investments across several industries. MIM offers the successful candidate an excellent environment in which to deploy their fundamental credit skills and to assume a leading role within the team.

This position would suit a highly motivated and analytical individual with at least 10 to 15 years of credit experience who is able to work independently and make an immediate impact.

Day to day responsibilities include to underwrite and make investment recommendations for corporate private debt investment opportunities (primarily investment grade but also some below investment grade) and management of existing portfolio names. The workload can be challenging; therefore, candidates need to be calm under pressure, demonstrate attention to detail, and able to manage multiple tasks simultaneously.

Key Responsibilities

• Undertaking credit assessments of investment proposals, including review of research material and financial statements, and engaging with issuers’ senior management.

• Preparation of credit committee memos and assignment of internal ratings.

• Review and negotiation of legal documentation in conjunction with internal and external counsel.

• Assessment of pricing on offered transactions on a relative value basis.

• Assuming a guiding and leading credit analyst role for the team

• Liaising with bankers and advisors to facilitate deal flow.

• Conduct due diligence meetings with issuer companies.

• Ongoing credit review of existing investments maintaining dialogue with issuers

• Work closely with the client portfolio management team to address credit questions and requests from clients.

• Identifying opportunities for potential bilateral, direct investments and marketing to these companies.

• Building effective internal working relationships and developing contacts with external market participants.

• Facilitating and processing amendments, waivers and other requested documentation changes.

Essential Business Experience

Required:

• At least 10 to 15 years of related work experience.

• Strong teamwork-driven attitude and a proven ability to provide leadership to junior colleagues

• Ability to develop strong commercial relationships with CFO’s and Treasurers of issuers.

• Willingness to travel across Europe.

Essential Technical Skills:

Required:

• Strong academic background, with a minimum 2:1 (or equivalent) from a leading university. CFA Charterholder preferred.

• Very good written & oral communication skills.

• Strong accounting and financial analysis skills.

• Excellent organisational skills with the ability to prioritise tasks effectively and under tight working deadlines.

Preferred:

• Proficiency in a main continental European language an advantage.

MetLife Investment Management

MetLife, Inc. (“MetLife”) has helped generations of people around the world protect their families and finances. We are one of the world’s leading financial services companies, providing insurance, annuities, employee benefits, and asset management to our individual and institutional customers.

MetLife Investment Management (“MIM”) is the institutional asset management business of MetLife and provides public fixed income, private capital, and real estate investment solutions to institutional investors worldwide. MIM had $601 billion of total assets under management as of 31 December 2023.

The Private Capital team within MIM manages $137 billion in Private Corporates, Infrastructure debt and Private Structured Credit and is an industry leader in private debt with a 100+ year history of originating private debt. Our name and reputation are well known throughout the marketplace and borrowers look to us for customised lending solutions designed to meet their unique funding needs in a quick and efficient manner.

#MIM

MetLife will assist in the funding of Professional Fees for employees where it is relevant and aligned to your position within the organisation. MetLife reserve the right to make a judgement on whether the subscription is relevant or not to your role as well as cease the payment at any time. This type of subscription will not incur “benefit in kind” tax.

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.

We welcome applications from candidates of all backgrounds, ethnicities, genders, religions and sexual orientations.

We strive to find the best candidate for all positions and a diverse range of applicants ensures we widen our talent pool in order to achieve this.

Those with disabilities and neurodiverse conditions, please do let us know about your reasonable adjustments to ensure that we can best meet your needs.

This role is subject to the Conduct rules under the Senior Manager and Certification Regime.

All Conduct staff are required to comply with the FCA’s Tier 1 Conduct Rules which are as follows:

Tier 1 – Individual Conduct Rules

1. You must act with integrity

2. You must act with due care, skill and diligence

3. You must be open and cooperative with the FCA, the PRA and other regulators

4. You must pay due regard to the interests of customers and treat them fairly

5. You must observe proper standards of market conduct

Benefits We Offer

Our benefits are designed to care for your holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer health care coverage for you and your family, insurance discounts for home, car, and pet protection, as well as parental leave. We also provide premium gym membership for you and your direct relatives, volunteer time off, discounts with specific universities, flexible Fridays, connectivity reimbursement, and much more!

About MetLife

Recognized on Fortune magazine's list of the 2023 "World's Most Admired Companies", 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 empathy, we’re inspired to transform the next century in financial services. At MetLife, it’s#AllTogetherPossible (https://youtu.be/5Cz9r05j9AE) . Join us!