Lead Market Risk Specialist - Brighthouse Financial
Location:
Charlotte , North Carolina
Posted:
December 20, 2016
Reference:
33743
POSITION TITLE:   Director, Market Risk
INTRODUCTION & COMPANY BACKGROUND:
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.
DEPARTMENT:    Risk Management
THE ROLE:   The Director - Market Risk will be a key role within the Risk Management team directly supporting the Head of Market Risk Management in all aspects of market risk management, including policies, methodologies, limit setting and monitoring and analysis.   The person will ensure consistency and continuity from analytics to reporting and committee input.  This person will conduct or assist in enterprise and/or regulatory stress testing and scenario analysis.   The individual will work will business leaders across the company.
Key Relationships:
Reports to: VP, Market Risk
Direct Reports: TBD
Location: Charlotte, NC
Key Responsibilities: (List top 5 or 6 specific responsibilities which are core to success in this role in the first 12-18 months. This can include P&L, operational, managerial and global scope, strategy creation and execution, innovation, customer centricity, internal/external partnerships, ROI, talent/team focus.)
  •  Lead ongoing development of reporting metrics to monitor the dynamics of the risk profile and focus executive action, including hedging, re-insurance, ALM strategy, strengthening of operational controls, etc.
  • Monitor market risk profile and exposures against the stated Risk Appetite
  • Develop derivatives risk reporting and ability to monitor valuations and counterparty exposures
  • Develop expertise in local regulations impacting the trading and risk management of derivatives and support implementation and monitoring of related constraints
  • Participate in legal hedge and economic effectiveness processes
  • Support variable annuity and derivative stress testing and analytics and reporting
  • Prepare and present reports for regular and ad hoc management, executive and Board meetings
  • Support, collaborate and liaise with the business leaders
CANDIDATE QUALIFICATIONS:
Business Knowledge/Technical Skills:
  • 5 years of relevant work experience in risk management, or derivatives operations
  • In-depth knowledge of market risk practices, theories and related analyses
  • Clear understanding of technical market risk exposure monitoring and modeling trends and awareness of particular risks typically associated with life insurance and annuity products
  • Strong understanding of investments, liabilities and asset-liability management processes
  • Excellent communication skills are essential as you will be liaising with a wide variety of stakeholders in different departments across the Company
  • Ability to understand complex problems and make recommendations within agreed timescales
  • Ability to work effectively in a multi-disciplinary team and to explain technical issues in non-technical language
  • Willingness to challenge and influence other team members and colleagues
  • Undergraduate degree required, a focus on finance, actuarial studies, or mathematics and statistics preferred
  • Completion of, or good progress towards, actuarial qualification is a plus, though not required
Leadership Competencies:
  • Thinks Strategically - Sets direction aligned to the company's strategy, applying external and global perspective to meet local and global needs.
  • Motivates People - Gains people commitment to achieve business objectives through clear communication of the company's vision and flexing leadership styles to inspire high performance.
  • Creates Partnerships - Authentically builds trusted relationships and collaborates across global, diverse and multi-functional teams to successfully drive business objectives.
  • Seizes Opportunity - Seeks new opportunities and ways to create balanced business growth while improving operational capabilities.
  • Grows Talent - Inclusively and pro-actively develops talent, empowers individuals and manages diverse teams to drive engagement and performance.
  • Models our Values - Creates a culture that promotes the company's values and standards through role modeling, accountability and ownership of decisions.
  • Focuses on Customers - Promotes customer centricity and ensures focus on creating great customer experiences to achieve competitive advantage.
  • Drives Results - Sets aggressive goals and is 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, marital 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.
Note to Mobile Users: If viewing on a mobile device and would like to apply, please email the job to yourself and complete the application from a desktop/laptop.
Note to Desktop/Laptop Users: For immediate consideration, click Apply Now button below. You will be directed to complete an on-line profile which takes 10 - 15 minutes to complete. Upon completion, you will receive an automated confirmation email verifying you have successfully applied to the job.
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, marital 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.
Note to Mobile Users: If viewing on a mobile device and would like to apply, please email the job to yourself and complete the application from a desktop/laptop.
Note to Desktop/Laptop Users: For immediate consideration, click Apply Now button below. You will be directed to complete an on-line profile which takes 10 - 15 minutes to complete. Upon completion, you will receive an automated confirmation email verifying you have successfully applied to the job. 
Internal Use Only: 13M  NewCo-Wave1 


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

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