The Role: Credit Risk Management (\"CRM\"), an independent review function within MetLife's Investment Risk Management team, is seeking a Head of Real Estate and Structured Finance to support the oversight of its credit risks generated by its investment portfolios. MetLife Investments manages a global portfolio of fixed income, real estate, equity, and alternative asset investments. CRM is responsible for developing and reporting limits, capital modeling, governance, and board reporting of assets with credit risk. This position will be responsible for a newly created team to evaluate and monitor all credit risks associated with MetLife's Real Estate and Structured Finance portfolios, including scenario analysis, identifying emerging trends/concentrations, monitoring and reporting significant changes in credit quality, and analyzing how long-term sector trends and events could impact our portfolios. This position reports directly to MetLife's Global Head of Credit Risk and strong candidates will be able to demonstrate solid quantitative and qualitative credit skills that span across real estate and structured products. Key Responsibilities: Monitor trends and risks across the Commercial Real Estate and Agricultural Finance (debt, equity) and Structured Finance (RMBS, CMBS, ABS and other securitized assets) portfolios arising from capital markets, underlying collateral, structural changes, regulations, etc. Work closely with MetLife's asset managers, model risk management and other teams to ensure coordination and understanding of modeling approaches and results obtained. Review model inputs, assumptions, interpret and communicate credit model and economic capital results and other indicators to senior management. Work with Credit Risk Analytics, Credit Limit Monitoring and Reporting, and business partners to design and implement appropriate analytic tools, stress scenarios, and riskreports to effectively monitor the investment risks, enhance decision making, and communicate risk positions / emerging trends. Improve approaches to evaluating risk, ask critical questions and ensure transparency and quality of processes, data, assumptions, and results. Evaluate limit structures with respect to the General Account and requests to exceed established limits; make recommendations whether to approve. Ensure compliance with relevant policies and recommend improvements, as appropriate. Attend businesses/portfolios reviews; communicate emerging risks and concentrations to senior management. Review the underlying methodologies and stress testing results for quarterly OTTI calculations. Key Relationships: Reports to: Vice President, Global Head of Credit Risk Direct reports/team: 2 [to be hired] Key Stakeholders: MetLife Investments Management, Affiliated Insurance Company, and Global Risk Management Candidate Qualifications: Essential Business Experience and Technical Skills: 10-15 years of experience of relevant work experience in increasingly important roles at a top tier financial institution. Minimum of 10 years in a credit capacity or risk management covering commercial real estate and/or structured products (e.g. CMBS, RMBS, ABS, etc.). Familiarity with the various information models and systems used for structured products and commercial real estate (e.g. SPEAR, CMM, Intex, etc.). Familiarity in assessing models and model outputs for portfolio management of real estate credit and/or structured products. Excellent verbal and written communication skills; ability to explain complex models and interface successfully within all levels of a large organization. Ability to work successfully in a team environment. Strong initiative and ability to work independently and exercise good judgment Ability to muster and organize information and people within the organization to achieve a desired objective. Undergraduate degreerequired in finance, economics, math, or quantitative field. MBA or other advanced degreepreferred. Leadership Competencies Thinks Strategically - Sets direction aligned to the company's strategy, applying external and global perspective to meet local and global needs. Motivates People - Gains people commitment to achieve business objectives through clear communication of the company's vision and flexing leadership styles to inspire high performance. Creates Partnerships - Authentically builds trusted relationships and collaborates across global, diverse and multi-functional teams to successfully drive business objectives. Drives Results - Sets aggressive goals and is accountable for continuously driving improved performance, leading change and ensuring high standards.Salary Range: NAMinimum Qualification11 - 15 years Associated topics: analysis, analyst, appraisal, consultant, market, marketing representative, market trend, portfolio, real estate analyst, researcher
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