Portfolio Design, Analytics, & Risk Associate

Company:

Mercer

Description:

We are seeking a talented individual to join our Portfolio Design, Analytics, & Risk Investment team at Mercer. This role can be based in Minneapolis, Phoenix, St. Louis, or Chicago and offers a hybrid work arrangement, requiring a minimum of three days per week in the office.

As a Portfolio Design, Analytics, & Risk Associate, you will be instrumental in conducting comprehensive risk assessments, ESG analysis, and deep dives into fund performance, utilizing both external and proprietary modeling tools. You’ll develop innovative asset allocation models, craft compelling reports and presentations and play a key role in advancing internal methodologies. Collaborating with top investment teams and clients, you’ll help drive smarter decisions and showcase Mercer’s investment expertise.

We will count on you to:

• Be responsible for risk analysis, fund deep dives, ESG analytics & report generation
• Model single and multi-asset portfolios using external and proprietary tools
• Craft commentary and presentations, and compile analytics to support investment decision making process
• Contribute to action-oriented portfolio research using statistical & factor modeling
• Lead efforts to maintain, enhance, and develop internal methodologies to ensure continuous improvement and accuracy
• Design strategic asset allocation models, risk, and return calibration and portfolio analytics for institutional investors
• Develop marketing materials to effectively position investment performance and products in support of sales and client retention and respond to sales professionals’ requests for analysis related to competitive investment performance and/or portfolio characteristics.
• Participate in due diligence meetings with investment managers at Mercer's offices and contribute to the investment team's research effort

What you need to have: 

• An undergraduate degree in Accounting, Actuarial Studies, Business, Economics, Engineering, Mathematics, Science or similar discipline is desirable or relevant post graduate experience
• 3-5 years of experience in portfolio management, construction and advanced econometrics, statistical modelling, and programming skills (e.g., Python)
• Strong financial instruments knowledge, covering but not limited to fixed income, equities, ETF’s, investment funds, derivatives and market indices
• Understanding of macro (fixed income/ rates) and systematic factors affecting a portfolio
• Multi-asset class exposure with experience in attribution analysis
• Excellent analytical and investment skills
• Self-motivated with ability to work independently as well as lead the process to achieve targets in timely order
• Evidence of expertise in statistical tools

What makes you stand out?

• An Advanced degree in Accounting, Actuarial Studies, Business, Economics, Engineering, Mathematics, or Science
• Self-starter with energy, proactivity and ability to deliver outcomes meeting
• Solutions driven – ability to see the bigger picture and be proactive in identifying areas for enhancement
• Strong communication skills
• Strong organizational and time management skills

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact on colleagues, clients, and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow 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.com.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

The applicable base salary range for this role is $90,000 to $180,000.

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.