MetLife

Agricultural Loan Administrator

Posted on: 16 Jan 2021

Fresno, CA

Job Description

Role Value Proposition:

MetLife Investment Management (MIM) is a premier asset manager with breadth across various asset sectors and global markets, and strong asset-liability management capabilities. With a $500 billion combined domestic and international general account portfolio and a multi-billion dollar annual cash flow, Investments is an important contributor to MetLifes financial performance. The primary objective of MIM is to maximize MetLifes long-term economic value by investing in assets that support the companys liabilities and produce a consistent stream of operating earnings.



Global Real Estate and Agricultural Finance maintain a portfolio invested in commercial real estate and agricultural mortgages, as well as real estate equities. The loan asset manager is responsible for the workflow which impacts accurate and timely completion of loan origination and servicing functions related to the MetLife Agricultural Finance portfolio. This position requires significant attention to detail as well as a strong real estate-oriented technical skill set. A strong background in dealing with complex legal documents supporting both simple and complex real estate transactions is a must. This position must manage multiple and competing priorities in a complex, fast-paced environment.

Key Responsibilities:

Loan Closing:

* With support of in-house and outside counsel, negotiates, assembles and processes accurate mortgage and loan closing documents consistently, in a timely manner, and in compliance with MetLifes policies and loan approvals.
* Collaborate with mortgage team members, brokers, property owners, attorneys and other transaction counterparts to perform due diligence including, but not limited to, legal description review and reconciliation, review of exceptions to title policies, easements, supply agreements, and other agreements that potentially impact loan collateral. Responsible for platting collateral based on legal description.
* Verifies borrower information, including trust agreements, corporation resolutions, lease agreements, etc is accurate and current. Responsible for OFAC and Know Your Customer due diligence.
* Responsible for all post-closing follow up with respect to any outstanding issues, including receipt of recorded documents and accurate title policy with endorsements.

Loan Asset Management - Servicing:

* Manage a portfolio of loans for which duties include, but are not limited to, servicing functions such as interest rate reviews, partial releases, collateral substitutions, easements, subordinations, consents, and non-disturbances, re-inspection reports, amendments, and loan payoff requests.
* Facilitate documentation and completion/closing of loan servicing actions.
* Coordinate due diligence and data collection efforts related to portfolio management.

Essential Business Experience and Technical Skills:

Required:

* Bachelors degree in related field (agriculture, or business/finance) or equivalent experience.
* At least 2-5 years relevant experience.
* Experience in real estate finance, including preparing loan documents, closing loans and loan servicing.
* Knowledge of complex loan terms.
* Ability to plat collateral from legal description.
* Results oriented team player. Emphasis on communication skills (both oral and written) and ability to handle multiple assignments.
* Strong quantitative and computer skills, specifically Excel.
* Great attention to detail and accuracy.

Preferred:

* MBA is a plus.
* Strong knowledge of Excel, Word, PowerPoint and ESRI ArcGIS.

Business Category

Agricultural Investments

Number of Openings

1

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.

MetLife:

MetLife, through its subsidiaries and affiliates, is one of the worlds leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

We are one of the largest institutional investors in the U.S. with $651 billion of total assets under management as of September 30, 2020. We are ranked 48 on the Fortune 500 list for 2020. In 2019, we were named to the Dow Jones Sustainability Index (DJSI) for the fourth year in a row. DJSI is a global index to track the leading sustainability-driven companies.

MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.

We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife. For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below.

MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to 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.

Requisition : 115792

MetLife

New York, New York

MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with 90 million customers in over 60 countries. The firm was founded on March 24, 1868 MetLife ranked No. 43 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

On January 6, 1915, MetLife completed the mutualization process, changing from a stock life insurance company owned by individuals to a mutual company operating without external shareholders and for the benefit of policyholders. The company went public in 2000. Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia's Pacific region, Europe, and the Middle East. MetLife serves 90 of the largest Fortune 500 companies. The company's principal offices are located at 200 Park Avenue, New York City in Midtown Manhattan, New York City, though it retains some executive offices and its boardroom in the MetLife Building, located at 200 Park Avenue, New York City, which it sold in 2005.

In January 2016, the company announced that it would spin off U.S. Retail business, including individual life insurance and annuities for the retail market, in a separate company called Brighthouse Financial. They will maintain the MetLife name on MetLife Stadium. On March 6, 2017, the separated U.S. Retail business launched Brighthouse Financial – an independent company focused on life insurance and annuities.