Brighthouse Financial is a new company established by MetLife. We're on a mission to help people achieve financial security. Built on a foundation of industry knowledge and experience, we specialize in offering essential annuity and life insurance products designed to help customers protect what they've earned and ensure it lasts more predictably. In an industry that often has a reputation for complexity, confusion, and cost, Brighthouse Financial is different. Our approach includes simplicity, transparency, and more value so customers can face the future with confidence.
Brighthouse Financial is seeking passionate, high-performing team members to help us carry out our mission and be part of an exciting journey toward improving the financial futures of our millions of customers. Sound like you? Read on.
Role Value Proposition: Brighthouse Financial is seeking a Lead Attorney to join the Brighthouse Legal Department to oversee investment matters for the Company's $80+ billion general account.
Department : Legal
Sub-department (if applicable) :Investments
Key Relationships :
Reports To: Chief Compliance Officer & General Counsel
Direct Reports/Team: 1 Associate Corporate Counsel
Other Key Stakeholders: Head of Global Portfolio Mgmt, CIO, State Ins & Federal Ins Law Group, Outside Counsel, BHF Investments and Compliance teams
Serve as senior most BHF Investments counsel on all aspects of GA management ($80B) + input on additional separate account investments of $150B AUM.
Advise, review, negotiate, and oversee IMAs with 3rd party Asset Managers, including reviewing investment management strategy
Comfortable playing a lead part on the strategic leadership team for newly independent company; high visibility and broad partnership
Advise PMs on broad array of investment opportunities across all asset classes & structures
Secure appropriate legal protections for co assets (hedging/ derivatives)
Reviewing and negotiating agreements, including private equity, private funds, private debt or mortgages, and derivatives holdings
Review and ensure compliance with account guidelines
Monitor and advise on regulatory, market developments
Oversee outside counsel
Essential Business Experience and Technical Skills:
JD, 9+ years relevant experience
Investments product expertise (from corp bonds to p.e. & alternatives, structured products, derivatives, private placements & bank loans)
Expertise in derivatives products, strategies, documentation
Experience overseeing third party IMAs & relationships