Description and Requirements
Position: Managing Director, Infrastructure Debt, Americas & APAC
Job Location: Whippany, NJ
Setting: Hybrid
Reports to: Global Head of Investment Grade Private Credit
MetLife Investment Management
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 billion in combined managed assets, and has consistently generated superior returns for both policyholders and shareholders. The enterprise has more than 900 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.
The Role:
Developing and growing MIM’s private credit platform by leading a U.S.-based team of credit professionals who originate and underwrite new transactions and manage a portfolio of infrastructure and project finance credits for MIM clients.
The role comprises leading and guiding a team of senior and more junior credit analysts that assess new transaction opportunities and who make recommendations regarding amendments or waivers requested by existing portfolio names. New transactions include mainly investment grade as well as below investment grade private placements, in bond or loan format, predominantly across North America, Latin America and Australasia.
With a view to expanding the playing field and increasing the number of investment opportunities for MIM to consider, work with the entire team to explore new verticals, new private asset sectors and new geographies.
The role also involves engaging with existing and prospective MIM clients to maintain and grow investment mandates for unaffiliated accounts, representing MIM at conferences and industry events and building strategic relationships with key market participants from both the issuer and the investor community and among intermediaries.
How You’ll Help Us Build a Confident Future (Key Responsibilities):
- Manage a team of seasoned credit professionals specialized in originating and underwriting infrastructure and project finance private placements.
- Provide strategic guidance to the team in terms of deal origination and portfolio monitoring, including setting of annual goals and reviewing employee performance.
- Manage MIM’s global infrastructure business alongside the Head of Infrastructure, EMEA.
- Present MIM’s private capital platform, together with MIM’s Institutional Client Group, to prospective clients and consultants across the globe to support capital raising from third-party clients.
- Drive the team to explore new verticals and innovative structures to expand the investable universe of assets for MIM and its clients.
- Establish and maintain relationships, at decision-making levels, with key sponsors and borrowers across the U.S., Latin America and Australasia.
- Ensure the team is adequately resourced and fit for purpose to facilitate continued growth of the platform and career progression of team members.
- Chair and/or be a member of credit committees for new transaction opportunities and oversee amendments and waivers across the portfolio.
- Help improve, develop and implement policies and procedures for the wider team.
- Promote MIM in general and its private capital business by participating in industry conferences and networking events.
- In conjunction with Compliance and Legal, ensure the team is following relevant compliance protocols and internal policies.
What You Need to Succeed (Required Qualifications):
- 15+ years of credit experience including a background of relationship management, deal sourcing, underwriting and diligence of private infrastructure debt and project finance transactions.
- Existing, productive relationships with sponsors, issuers and intermediaries.
- Strong teamwork-driven attitude and a proven ability to provide leadership to a large and diverse team.
- Experience driving investments and strategy at a large financial institution.
- Effective commercial, communication and presentation skills.
- Strong knowledge of insurance capital, accounting and investment guidelines is preferred.
- BA required and MBA and/or CFA strongly preferred.
Benefits We Offer:
Our U.S. benefit programs are geared toward health and wellness, financial protection, and retirement savings.
- Retirement plan (cash balance pension) with a minimum monthly contribution.
- Company-paid life insurance and legal services.
- Generous paid time off, including a floating cultural heritage day.
- Tuition assistance and family benefits including paid parental leave.
About MetLife:
Recognized on Fortune magazine's list of the 2024 "World's Most Admired Companies" as well as the 2024 Fortune 100 Best Companies to Work For, MetLife is one of the world’s leading financial services companies.