Locations Posting Location: Whippany, New Jersey Posting Location: Philadelphia, Pennsylvania City/Cities: Philadelphia, Whippany Country: United States
Working Schedule Full-Time Work Arrangement: Hybrid Relocation Assistance Available: No Posted Date: 23-Sep-2025 Job ID: 12512
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 approximately $600 billion in combined managed assets. MIM has been ranked a "Best Places to Work in Money Management" by Pensions & Investments for four consecutive years and has consistently generated superior returns for both policyholders and shareholders. The enterprise has more than 850 dedicated professionals with experience and expertise in all asset classes, with a strength in public and private fixed income and private assets, including private equity and real estate. Visit us at www.metlife.com/investments to learn more.
The Syndicated Bank Loan Closer is responsible for managing the end-to-end settlement process of primary and secondary syndicated loan trades. This role ensures timely and accurate closing of trades while maintaining compliance with market standards and internal controls. The ideal candidate will have a strong knowledge of LSTALMA documentation, loan systems, and settlement protocols.
Key Responsibilities • Trade Settlement & Closing • Coordinate with counterparties, agents, custodians, and internal teams to facilitate timely settlement of syndicated loan trades. • Review and reconcile trade details, allocations, and documentation to ensure accuracy and completeness. • Monitor and manage settlement pipelines to minimize failures and reduce settlement times.
• Documentation & Compliance • Ensure all required documentation, such as assignment agreements, funding memos, and consents, is properly executed and archived. • Adhere to LSTALMA guidelines and internal policies for trade closing and settlement. • Escalate discrepancies or delays to appropriate stakeholders and propose solutions.
• Systems & Reporting • Utilize loan settlement platforms, such as ClearPar, IHS Markit, WSO Loan IQ, to process and track trades. • Maintain accurate records of trade activity and generate reports for management and audit purposes. • Support system enhancements and participate in UAT testing as needed.
• Stakeholder Communication • Serve as a key point of contact for front office, middle office, legal, and operations teams regarding trade status and settlement issues. • Build strong relationships with agent banks and counterparties to facilitate smooth trade execution.
• Process Improvement • Identify opportunities to streamline settlement workflows and reduce operational risk. • Contribute to team initiatives focused on automation, standardization, and best practices.
Essential Business Experience and Technical Skills Required 5-7 years of experience in syndicated loan operations or trade settlement. Familiarity with LSTALMA standards and syndicated loan lifecycle. Strong attention to detail, organizational skills, and ability to manage multiple priorities. Proficiency in Excel and loan settlement platforms, such as ClearPar, WSO Loan IQ, etc.
Preferred Bachelors degree in Finance, Business, or related field.
About MetLife At MetLife, were leading the global transformation of an industry weve long defined. United in purpose, diverse in perspective, were dedicated to making a difference in the lives of our customers.
MIM Location Expectation This is a hybrid role requiring a minimum of 3 days per week in office.
Expected Salary Range $100,000 - $130,000
This role may also be eligible for annual short-term incentive compensation and stock-based long-term incentives. All incentives and benefits are subject to the applicable plan terms.
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 401k 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 magazines list of the Worlds Most Admired Companies, Fortune Worlds 25 Best Workplaces, and the Fortune 100 Best Companies to Work For, MetLife through its subsidiaries and affiliates is one of the worlds 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 our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - were inspired to transform the next century in financial services. At MetLife, its All Together Possible.
Join us MetLife is an Equal Opportunity Employer. All employment decisions are made without regard 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.
If you need an accommodation due to a disability, please email us at accommodations@metlife.com. 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.