Portfolio Manager - Complex Clients

In the US market, we are a leading provider of investment consulting, plan design and record keeper benchmarking services as well as a leader in the provision of delegated (OCIO) services. Mercer has over $2.5trn in DC assets under advice and over $60bn in multi-manager DC assets under management globally. We are seeking to aggressively expand these institutional services across market segments.Mercer is seeking candidates for the following position to be based in the New York(preferred), Chicago, Atlanta or Minnesota office:Portfolio Manager – Complex ClientsWhat can you expect?Work in the Chief Investment Office, interfacing with the Client Portfolio Office, which is responsible for large and complex clients who have unique structures, requirements and/or investment needsBe part of a team that is responsible for custom portfolios across client segmentsExposure to experts across the business including but not limited to, portfolio management, manager research, implementation, trading and onboarding regarding:Manager/Product Selection, Rebalancing, Cash flow management, Dynamic Asset Allocation, Best Idea implementation/management at the specific client levelWhat’s in it for you?We are a leading investment advisor and manager for clients across the defined contribution, defined benefit, endowment & foundation, healthcare, insurance and financial intermediaries segments.  We deliver innovative solutions that address the unique needs of our clientsAs a global leader in health and benefits, Mercer brings its best thinking of employees offering leading management practices and benefitsMercer is part of Marsh McLennan, a Fortune 500 corporation recognized for consistent growthA culture of internal mobility, diversity, inclusion, and collaborationA company-wide emphasis on Corporate Social Responsibility – all colleagues receive 8 hours of paid time off for volunteering, with the option to join organized group activitiesCompetitive pay and a full benefits package, starting Day 1 (Medical, Dental, Vision, Short- and Long-Term Disability and Life Insurance, Employee Stock Purchase program, and a generous paid time-off allowance); plus a 401k with a fixed company contribution AND a company match, after one year of serviceWe will count on you to:Support the Client Portfolio OfficeAssist with new client pitchesSupport the client portfolio office in portfolio management and restructuringsEnsure the Client Portfolio Office has correct information and analysis prior to consultant and/or client meetings to support portfolio recommendationsPresent market commentary, manager information, tactical views and strategic asset allocation rationales to both internal and external stakeholders.What you need to have:8 yrs plus experience in related investment consulting and/or investment management focused on the institutional investment landscape.Experience in multiple asset classes, providing investment advice and/or solutions to clients.Clear communicator and comfort speaking in front of internal and external groups of all sizesFamiliarity of the investment and operational components of delivering to clientsWhat makes you stand out:Ability to work in an ambiguous environment e.g. multiple Board stakeholders, etcExperience with large, complex clients requiring custom and bespoke solutionsExperience with both traditional and alternatives asset classes is preferredMercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s more than 20,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with more than 85,000 colleagues and annual revenue of over $23 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit mercer.com. Follow Mercer on LinkedIn and X.Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.comThe applicable base salary range for this role is $126,000 to $252,000.The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.Job SummaryJob number: R_277410Date posted : 2024-09-06Profession: ConsultingEmployment type: Regular