Associate Director - MII Derivatives Trader

Posted 11 Hours Ago
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Whippany, NJ
Hybrid
132K-176K Annually
Senior level
Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
At MetLife, we’re a purpose-driven company that helps our customers build a more confident future.
The Role
The Associate Director - MII Derivatives Trader leads the structuring and execution of hedge programs for equity, interest rate, and currency exposures, while optimizing capital efficiency and managing risk outcomes.
Summary Generated by Built In
Description and Requirements
Role Value Proposition:
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. We're united by our purpose to help our customers and each other create a confident future; we're guided by empathy; and we're inspired by each other to make a difference in the lives of our coworkers, customers, communities, and the world at large. At MetLife, it's #AllTogetherPossible . Join us!
The Derivatives VA and Equity Macro Hedging team is dedicated to creating and delivering solutions that support growth and improve the Company's profitability through its use of derivatives strategies to solve dynamic and macro hedging needs across annuity and reinsurance products. The team collaborates across multiple enterprise functions to design, implement, and manage hedging programs that enhance profitability, optimize capital efficiency, mitigate risk, and support portfolio diversification. The team works with MII, Portfolio Managers, Treasury, Actuarial and the Lines of Business. The team supports our insurance lines of business by hedging equity, interest rate, and currency exposure in derivative markets including global equity indices, interest rates, volatility, and foreign exchange utilizing a wide variety of vanilla and exotic derivatives.
The successful candidate will be actively engaged in the structuring, execution, and ongoing management of the derivatives portfolio. This role directly influences the enterprise's financial outcomes by delivering risk-managed strategies that optimize capital efficiency and support return generation. The trader will partner closely with Portfolio Managers and business leaders to identify and implement cost-effective hedge solutions, while also working with actuarial and risk teams to refine and evolve hedging frameworks. A strong understanding of market dynamics and the ability to proactively generate actionable ideas will be essential, as the candidate will be expected to monitor market conditions, manage existing positions, and contribute to the strategic direction of the hedging program.
Key Responsibilities:
  • Lead the structuring, execution, and oversight of hedge programs to optimize cost and risk outcomes
  • Develop and implement strategic hedging solutions across equity, rate, and currency market exposures
  • Produce market strategy insights and publish position papers to inform internal decision-making
  • Oversee performance reporting and risk analytics, including pre-trade modeling, position tracking, and P&L monitoring
  • Manage relationships with sell-side counterparties and internal stakeholders across Investments IT, Treasury, Risk, ALM, Accounting, and Portfolio Management
  • Provide leadership on strategic initiatives and cross-functional projects
  • Mentor junior talent and foster a high-performance, growth-oriented team culture

Essential Business Experience and Technical Skills:
Required:
  • 5+ years of equity derivatives sales or trading experience required
  • Strong quantitative, analytical, and communication skills (verbal and written)
  • Effective collaborator with strong interpersonal skills
  • Demonstrated success in navigating complex, matrixed environments

Preferred:
  • Experience in global markets, insurance investments, and developing hedging strategies a plus
  • Familiarity with derivative market commentary and strategy writing a plus
  • Programming experience (e.g Python, R., etc.) a plus
  • Advanced degree or industry certifications (MBA degree, CFA charterholder, or comparable) a plus
  • Background in change management or strategic transformation a plus
  • Rate or currency markets experience a plus

At MetLife, we're leading the global transformation of an industry we've long defined. United in purpose, diverse in perspective, we're dedicated to making a difference in the lives of our customers.
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 $132,000 - $176,000. This role may also be eligible for annual short-term incentive compensation. 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, 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.
$132,000 - $176,000
#BI-Hybrid

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The Company
HQ: New York, NY
43,000 Employees
Year Founded: 1868

What We Do

We're honored to be No. 10 on Great Place to Work's World's Best Workplaces and recognized in the Fortune 100 Best Companies to Work For® list in 2025. At MetLife, we're leading the global transformation of an industry we’ve defined for over 157 years.

At MetLife, every innovation and line of code is a lifeline for our customers and their families—from victims of natural disasters to people living with disabilities and beyond. With operations in more than 40 markets and leading positions across the globe, MetLife fosters an inclusive culture where our people are energized and inspired to deliver for our customers and communities.

Join our remarkable journey—one in which you help write the next century of innovation in financial services—because with MetLife, making the world a better place is All Together Possible.

Why Work With Us

At MetLife, you’ll be working for a company whose purpose is to help customers throughout their life’s journey, and often in their most critical time of need. You’ll be a part of developing leading-edge platforms that will have a lasting impact on the lives and well-being of tens of millions of customers.

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Hybrid Workspace

Employees engage in a combination of remote and on-site work.

MetLife's current workplace policies classify roles as Office, Hybrid or Virtual based on the nature of work, encouraging new ways of working together

Typical time on-site: Flexible
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