Associate - Middle Market Private Capital

Description and Requirements
Role Value Proposition:
Based in Whippany, New Jersey, MetLife Investment Management (MIM) is one of the largest institutional investors and asset managers in the world, with nearly $600.8 billion in combined managed assets, and has consistently generated superior returns for both policyholders and shareholders. The enterprise has more than 850 dedicated professionals with extensive experience and expertise in all asset classes, with a strength in public and private fixed income and private assets, including real estate. Visit us at www.metlife.com/investments to learn more.
MIM is seeking an Associate to aid in the due diligence, underwriting and portfolio monitoring of middle market private debt investments in North American sponsor-backed companies. The middle market private capital strategy offers investors access to privately negotiated private debt investments supporting leveraged buyouts, refinancings and recapitalizations. Investments include senior, unitranche and second lien loans, mezzanine notes and equity co-investments across a broad range of industries including healthcare, technology, business services and industrials. The Associate role is a unique opportunity to work directly with a 24-person team managing private equity fund commitment, equity co-investment, and private debt investment assets.
Key Responsibilities:

• Analyze and evaluate private debt investment opportunities and support the investment team in making informed decisions
• Conduct thorough analysis and evaluation of potential investments by participating in all phases of due diligence including business and industry research as well as quantitative analysis
• Develop detailed financial models and perform sensitivity analyses to assess performance scenarios and capital structure alternatives
• Prepare and present investment memos for investment committee review and approval
• Monitor and track performance of existing investments and provide updates on portfolio company performance
• Support quarterly review and reporting processes for private debt investment portfolio
• Additional responsibilities to include assisting in evaluation and underwriting of private equity primary fund commitment and equity co-investment opportunities, as needed
• Support fund raising and other team initiatives

Essential Business Experience and Technical Skills:
Required:

• 2-3 years in investment banking, leveraged finance, direct lending or related experience
• Strong analytical, quantitative, accounting and financial statement analysis skills
• Ability to construct financial models with proficiency in Excel
• Excellent written and oral communication and presentation skills; proficiency in PowerPoint
• Ability to work independently and in a fast-paced, collaborative team environment
• Initiative-taking, detail-oriented individual with keen focus on performance and results

Preferred:

• Bachelor's in Accounting, Finance, Economics or related field; MBA or CFA highly desirable

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.
The salary range for applicants for this position is 100000 - 145000 base plus bonus.
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 2024 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!
Equal Employment Opportunity/Disability/Veterans
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.
100000 - 145000 base plus bonus
#BI-Hybrid