Job Description
Company: Mercer Description: What can you expect: This is an exciting opportunity for a senior candidate to join one of Mercers largest and most rapidly-growing business areas investment solutions. Mercer's Investment Solutions (IS) business provides sophisticated implementation and investment services to clients. The business has grown rapidly over recent years with $400bn of client assets now under management globally, c.$180bn of which is invested on behalf of International investors. Our Investor base is institutional and typically clients are DB/DC Pension Schemes but the business is expanding into new segments including Insurance & Wealth Management. Services are provided across a range of areas through traditional and alternative asset classes reflecting Mercers best investment ideas. Mercers Portfolio Management Team in turn selects third party managers, from Mercers list of A rated managers in each asset class thus combining Mercer's in-house portfolio management expertise with the depth and breadth of Mercer Investments global investment manager research. Mercers fund range was launched in Europe in September 2006 and currently consists of c.130 Irish domiciled funds across 5 legal structures. In addition to the ability to provide bespoke solutions to large sophisticated clients these funds provide building blocks to support Mercers wider range of investment and risk management solutions targeting the institutional marketplace. Mercer IS business has seen significant growth over the last few years and believes that demand for its investment solutions will continue to grow over the coming years. The Investment Implementation Unit is responsible for the on-boarding of new clients into the funds, launching of new funds, client and fund rebalancing, management of underlying investment manager changes, NAV and Valuation oversight, regulatory & tax oversight, management of third party service providers, operational infrastructure changes, development and maintenance of relationships with both internal and external clients and adherence to strict risk controls. This is a highly visible senior role requiring collaboration with a broad set of stakeholders internally and externally, including investment and commercial teams, Legal, Compliance, Portfolio Managers, strategy and operational teams. Reporting to the Head of Trading & Execution, the successful candidate will form part of the senior team leaders within a specialist team and primarily focused on the daily rebalancing of Mercers Client Portfolios and Mercers Fund range. There is also a strong requirement for a candidate that is technology solution and data management focused with prior experience of being involved in data/technology solutions. The role will involve identifying technology solutions and engaging technology teams and external providers on a regular basis to ensure the continued enhancement of the trading model and ensure all operational processes are efficient with minimal associated risk. The role will be multi-faceted and fluid, requiring an individual that is agile and can adapt to change quickly and easily. The successful candidate will be able to use their own initiative to navigate the impact of new regulation and requirements to drive solutions development for the business, as well as manage routine defined BAU tasks for the team. What you will be rewarded with: Our employees enjoy excellent benefits such as: Competitive salary with annual review Bonus Up to 12% pension contribution Full healthcare cover Study Support Flexitime or flexistart Flexible working/potential to work from home Sports & Social clubs/Wellness Programme Paid annual leave and ability to purchase additional leave days Travel ticket/bike to work/dental are optional Subsidised canteen 35 hour working week We will rely on you to: Multi Asset Trade execution across a wide range of equity, fixed income, credit, LDI and alternative funds. Executing regular rebalancing trades designed to remedy market drift and migrate portfolio back to target allocation for all Mercer Funds and Clients. Review the daily funds cashflow process taking appropriate actions as required e.g. advising flows to segregated managers, cash management and subscribing/ redeeming units from fund of fund portfolio etc. Monitoring actual asset allocation of existing products to ensure compliance with UCITS regulations, client restrictions, interval investment guidelines and model portfolios advised by the Investment Team. Accurately recording all trade activity onto Mercers core accounting system on a timely basis. Work closely with cross-functional teams, including Custodians, Portfolio Management and Client Strategy teams, to enhance investment strategies and ensure seamless execution. Service our clients to the highest standard and ensure accuracy, efficiency and professionalism at all times. Investigation and resolution queries received from internal and external customers. Implement appropriate risk controls and procedures and ensure adherence to these procedures and controls. Support business development efforts by participating in client meetings, designing investment implementation strategies, and as a senior team member, deputise for the Head of Trading & Execution on all team aspects if and when required. Analyse and track key performance indicators (KPIs), and identify areas for improvement to optimise the trading model What you need to have: Extensive Funds or Asset Management experience within a leading Administrator and/or Fund Manager In-depth knowledge of European Investment Products, UCITS, AIFs and Fund regulatory requirements desirable but not essential Excellent analytical skills, with the ability to translate complex financial data into actionable investment decisions Ability to manage multiple tasks and prioritise effectively in a fast-paced trading environment Excellent problem-solving abilities and the capacity to adapt to rapidly changing market conditions Strong communication and presentation skills, with the ability to convey complex concepts clearly to both clients and internal stakeholders Leadership skills and the ability to guide and mentor junior team members Strong knowledge of financial markets and different fund structures, parties to the fund and the differing fund types would be an advantage Energy, tenacity and resilience. Highly motivated, driven and focused. Ability to lead a team to successful outcomes. Positive can-do attitude essential What makes you stand out: Experience in the implementation of investment decisions, including exposure management, within a multi-asset class, multi-manager environment Extensive investment market knowledge, across traditional and alternative asset classes, and an understanding of how different market environments may influence implementation decisions Proficiency in trading platforms, order execution systems, and trading software. Charles River experience particularly advantageous. About Mercer: Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With over 25,000 employees worldwide and annual revenue exceeding $12 billion, Marsh & McLennan Companies is also the parent company of Marsh, a global leader in insurance br oking and risk management; Guy Carpenter, a global leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a global leader in management consulting. For more information, visit We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients regardless of their gender expression or identity, marital or civil partnership status, ethnic origin, nationality, age, background, disability, sexual orientation or beliefs. We are proud of our inclusive culture where everyone feels empowered to bring their whole selves to work and thrive. #MercerIS Skills: Trading Rebalancing Asset Allocation Benefits: Bonus Canteen Educational assistance Flexi Start