Director, Commercial Real Estate Portfolio Manager - Brighthouse Financial
Location:
Morristown , New Jersey
Posted:
May 04, 2017
Reference:
21101-en_US

MetLife, through its subsidiaries and affiliates, is a global provider of life insurance, annuities, employee benefits and asset management with operations in nearly 50 countries and leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.  With 2015 total Operating Revenues of ~$70 billion, MetLife is ranked #39 on the Fortune 500 list and #50 on the Forbes Global 2000 list of the world’s largest public companies.  Globally, the company has ~69,000 employees serving approximately 100 million customers, individuals and businesses, including 90 of the FORTUNE 100®.  MetLife is also one of the largest institutional investors in the U.S. with a $508.2 billion general account portfolio at December 31, 2015.  In 2015, FORTUNE Magazine’s World’s Most Admired Company survey named MetLife #1 in the Life and Health Insurance industry.   

 

In January 2016, MetLife announced a plan to pursue the separation of a substantial portion of its U.S. Retail segment. Once separated, the new business will be called Brighthouse Financial.

 

Brighthouse Financial will serve customers the way they want, need and deserve. It will focus on eliminating the complexity, confusion and cost that can get in the way of many Americans who are seeking financial security. We will bring products to the market that add value to our customers’ lives, and will be guided by a common set of values that focus on the customer and drive accountability.

 

Brighthouse Financial is seeking high-performing team members who are passionate about the company’s mission.  We are laser-focused on adding value to our customers and minimizing complexity in every decision and action.  We are building high performing teams who set the bar high and hold each other accountable.

 

  Investments

 

  Morristown, NJ

 

Job Summary

 

The Asset Management Group of Brighthouse Financial is responsible for the strategic and tactical asset allocation for the Company’s approximately $90 billion investment portfolio.  The commercial real estate portfolio manager will be primarily responsible for managing the commercial real estate assets of the Company.  This person will be an active participant in all aspects of the asset management process, including asset allocation, understanding and managing key market risks and opportunities, investment manager selection and oversight and reporting performance results.  This position will report to the Head of Asset Management.

 

RESPONSIBILITIES

 

  • Develop the fundamental and relative value view of the commercial real estate sector.
  • Responsible for managing the overall risk and performance of the commercial real estate investment portfolio.
  • Active participant in developing the overall investment strategy for the investment portfolio.
  • Contribute to the development of the strategic and tactical asset allocation process.
  • Help select external asset managers.
  • Manage relationships with external managers, including the ability to push back on managers when necessary.
  • Review individual transactions that are being considered for the portfolio.
  • Contribute toward defining and implementing performance benchmarks for the portfolio and help in the performance attribution process.
  • Communicate risk, return and performance to all stakeholders.

 

Experience/Qualifications

 

  • 15 + years of finance experience
  • 7+ years of commercial real estate experience.
  • Experience with both commercial mortgage and real estate equity investments.
  • Agricultural mortgage experience also a plus.
  • Experience managing and interacting with third party asset managers.
  • Ability to perform and understand quantitative analysis.
  • Excellent communication skills.
  • Ability to work in a collegial environment.
  • Knowledge of Word, Excel and Bloomberg.
  • MBA and/or CFA preferred.

 

Leadership Competencies:

 

  • Thinks Strategically - Sets direction aligned to the company’s strategy, applying internal and external perspective to meet business needs.
  • Creates Partnerships - Authentically builds trusted relationships and collaborates across diverse and multi-functional teams to successfully drive business objectives.
  • Models our Values - Promotes the company’s values and standards through role modeling, accountability and ownership of decisions.
  • Drives Results – Accountable for continuously driving improved performance, leading change and ensuring high standards

 

 

MetLife is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is MetLife's policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, martial or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

MetLife maintains a drug-free workplace.

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A little about us:
MetLife offers life insurance, disability income insurance, car insurance, employee benefits and more.

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