The role involves managing loan assets servicing agreements conducting valuations and supporting loan modifications in commercial real estate investments.

Description and Requirements
The Team You Will Join
Global Real Estate and Agricultural offers an opportunity to shape thriving markets and drive meaningful impact. With one of the world's largest portfolios - spanning real estate debt and equity and agricultural mortgages - we connect expertise with discipline investing across the risk spectrum - from core to opportunistic. Here you'll collaborate with top professionals navigate evolving markets and contribute to investments that drive performance through value creation and above-market returns. If you're looking for a role that combines strategic thinking with real-world impact MetLife Investment Management is where you will make a difference.
The Opportunity
MIM's Global Real Estate and Agricultural Investments maintains a portfolio invested in commercial real estate and agricultural mortgages as well as real estate equities. In addition to sourcing and managing these investments the groups are responsible for developing and maintaining relationships with key industry contacts and referral sources. The mortgage portfolio and equity portfolio units are organized according to specialty and they actively manage MetLife's portfolio of mortgage loans and equity investments in agricultural office apartment retail industrial and hotel properties. The portfolio units are responsible for overall portfolio strategy pricing transaction approval and credit approval on new loans as well as the active management of the overall mortgage and equity portfolios. Real Estate Investments sources and manages commercial real estate investments through seven regional field offices (Atlanta Chicago Dallas Los Angeles San Francisco Washington DC and Whippany NJ) and four international offices (London Mexico City Tokyo and Santiago).
This role will be responsible for loan asset management servicing including enforcing the Loan Agreements surveillance and valuations of the properties for existing loans for the preparation of Collateral Valuation Template for mortgage ratings for a portfolio of commercial real estate loans managed by MetLife Investment Management's Los Angeles Regional Office. In addition this role will also work on Loan Modification Memos review and process loan draws and assist producers with new loan closing complying with all reporting and accounting requirements work with Borrowers and Portfolio Managers.
Key Responsibilities
Loan Asset Management & Surveillance

• Responsible for loan asset management and servicing matters including payoffs and extensions prepayments lease reviews SNDA's review/process reserves/draw funding requests escrows cash management implementation and renewal of interest rate caps loan assumptions loan modifications substitutions property releases financial reporting inspections post-closing items and other borrower requests on assigned loan portfolio.
• Coordinate and assist with mortgage modifications and restructures by assisting with negotiations and preparation of modification memoranda and presentation to investment committee for approval.
• Support the seasoned Mortgage Team as needed in assisting origination including refinances of commercial real estate loans by providing quantitative financial modeling and market analysis used in property underwriting and evaluation of potential opportunities.
• Conduct property underwriting quarterly/annual valuation and market analysis that is essential for mortgage ratings including evaluating the collateral sponsorship tenancy and credit structure.
• Identify potential risks and propose appropriate structure to mitigate risks across a range of property types including industrial multi-family office retail hotels and self-storage in Southern California Nevada Arizona New Mexico and Hawaii.
• Perform periodic sponsor and property financial statements and rent analysis for all asset types to detect early warning issues by monitoring loan/property level performance as well as compliance with the loan covenants and assist on note sales.
• Evaluate and monitor ongoing performance of commercial real estate loan portfolio in accordance with stated strategies including portfolio reporting.

Loan Closings

• Assist in managing the closing process for new transactions assisting with due diligence and coordinating with the producers portfolio managers attorneys architects appraisers and other third-party service providers.
• Complete loan set up and confirm data accuracy across accounting third party servicing and management information systems.

Communication

• Partner with mortgage originators loan managers analysts risk management (internal and external) internal departments third-party servicers appraisers regional architects third party vendors and legal counsel (in-house and external) on routine tasks and ad-hoc requests.

Required Qualifications

• Bachelor's degree in an applicable business-related field required
• 5+ years of experience with loan documents including loan agreements promissory notes deed of trust guarantees escrow agreements leases and SNDA's.
• 5+ years of experience with commercial real estate valuation and market fundamentals.
• Proficiency with ARGUS Word Excel and PowerPoint.

Preferred Qualifications

• Detailed and results orientated team player. Emphasis on communication skills (both oral and written) and ability to handle multiple assignments in a fast-paced environment.
• Preference given to candidates who have relevant experience and familiarity with the leading commercial real estate market data resources (i.e. CoStar CBRE Econometric Advisors Real Capital Analytics etc.).
• 5+ years of commercial real estate experience with various property types including office retail industrial multi-family and hotels preferred.
• MBA Preferred

Location Expectation: This is a hybrid role requiring a minimum of 3 days per week in office.
The expected salary range for this position is $130000 - $150000 . 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 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 paid time off paid holidays volunteer time off tuition assistance and much more!
About MetLife
Recognized on Fortune magazine's list of the "World's Most Admired Companies" Fortune World's 25 Best Workplaces™ as well as the 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 our core values - Win Together Do the Right Thing Deliver Impact Over Activity and Think Ahead - we're inspired to transform the next century in financial services. At MetLife it's #AllTogetherPossible . Join us!
MetLife is an Equal Opportunity Employer. All employment decisions are made without regards 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 ("protected characteristics").
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.
#BI-Hybrid