Derivatives Associate

Description and Requirements
Role Value Proposition:
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. We're united by our purpose to help our customers and each other create a confident future; we're guided by empathy; and we're inspired by each other to make a difference in the lives of our coworkers, customers, communities, and the world at large. At MetLife, it's #AllTogetherPossible . Join us!
An excellent opportunity exists to join the Derivatives Middle Office team within MetLife Insurance Investments (MII). The Associate will play an integral part within the Collateral Management Group (CMG). The team manages collateral processes for our Bilateral OTC derivatives, Exchanged Traded derivatives, Federal Home Loan Bank, MSFTA, and UK RE programs. The individual will work within a team environment to support MetLife's expanding derivative and reinsurance businesses as well as contribute to and lead company initiatives. The position will engage directly with RIS, trading, valuations, risk management, IT, operations, and finance teams. Responsibilities, given below, are well integrated within a strong team culture.
Key Responsibilities:

• Manage the collateral process for all MetLife accounts trading in FX, Swaps, and Exchange traded products.
• Liaise with settlements and custody to ensure daily collateral, security, and trade payments are settled on time.
• Reconciliation of CSA reinvestment cash balances and monthly interest payments.
• Investigate and resolve daily cash and security breaks between our internal collateral system, IBOR, and custodian banks.
• Prepare and review daily, weekly, and quarterly reports for Senior Management.
• Contribute to analysis, development, testing, and integration of new applications and enhancements.
• Ability to liaise with RIS, Trading, Middle Office, Legal, IT, PMU, Audit, and Back Office.
• Look for new ways to automate and increase efficiency within the current workflow.

Essential Business Experience and Technical Skills:
Required:

• 6+ years of investments experience within a financial services firm supporting fixed income or derivatives
• 3+ years of collateral management or settlement experience
• Strong analytical, problem solving, and collaborative skills
• Advanced Excel Skills - (Pivots, macros, vlookup, graphs)
• Excellent interpersonal and communication skills
• Ability to meet daily deliverables in a high stress environment
• Professional, self-motivated, and self-aware

Preferred:

• B.S. Degree in Economics, Finance, Accounting, Business Management, or other related field of expertise
• Knowledge of Murex, Calypso, Acadia, TriResolve, or Bloomberg a plus
• Prior experience with collateral rehypothecation a plus

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.
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, volunteer time off, tuition assistance and much more!
About MetLife
Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies", Fortune World's 25 Best Workplaces™ for 2024, as well as the 2025 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 empathy, 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.
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