Philip A. Melville is an Executive Vice President and Chief Risk Officer for Brighthouse Financial. Brighthouse Financial was spun off from MetLife in 2017. Mr. Melville is charged with oversight of the company’s risk management profile and activities. His team focuses on understanding, monitoring, and managing credit, market, operational, liquidity, model and product risks. Mr. Melville chairs both the Balance Sheet and Financial Risk Committee and the Operational Risk Committee, identifying and ensuring that top risks are openly discussed with necessary mitigation plans agreed and in place. Mr. Melville is also Brighthouse Financial’s Chief Economist, where he is responsible for developing the firm’s macro-economic and market outlook.
Previously, Mr. Melville was the Chief Market Strategist and Head of Credit for Brighthouse Financial’s Investment division. Mr. Melville was MetLife’s Chief Market Strategist from 2012 to 2017 and the Global Credit Strategist from 2006 to 2011. Before joining MetLife, Mr. Melville was a Managing Director at FAF Advisors (now Nuveen), the asset management arm of U.S. Bancorp where he was the Head of Credit Research and was Co-Portfolio Manager of the High Yield Fund. Mr. Melville has previously worked at New York Life, Credit Suisse Asset Management, J.P. Morgan, Prudential Investments and Mutual Benefit Life as a credit analyst covering a multitude of sectors across the private placement, public investment grade, bank loan and high yield markets.
Mr. Melville earned a B.B.A (cum laude) degree in Finance from Hofstra University, an M.B.A. degree from New York University and holds the Chartered Financial Analyst (CFA) designation.