Skip to main content

Type of Role: Investments

Experience Level: Analyst/Associate

Location: Boston, Massachusetts

Salary: $112K - $176K

Mercer’s Outsourced Chief Investment Officer (OCIO) and investment solutions help companies focus resources on what matters most — their people and business strategy — and less on managing their retirement plans. Our OCIO and Investment Solutions professionals assist in setting investment strategies that leverage our investment capabilities across our global enterprise — and by fusing economics with empathy.

Associate Portfolio Manager – Delegated Solutions

What can you expect?

  • Works within the US fixed income delegated solutions team
  • Oversee manager performance and selection
  • Responsible for maintaining and building out risk analysis, monitoring and performance infrastructure across the delegated solutions client base
  • Collaborates with the client solutions teams to design investment solutions for new and existing clients while supporting the advisory channel as an investment industry resource.
  • Part of the portfolio management team, providing consistent implementation and oversight that aligns with the global solutions mandate

What’s in it for you?

  • We are the global leader in the Health, Wealth and Career business. We deliver innovative solutions that address the needs of our clients, their leaders and their employees
  • As part of Mercer, you will have access to the strongest industry leaders in topical HR issues, work with a team that is best in class, and you will have the MMC brand behind you
  • You will work with local, national and global teams to meet your client’s needs. Coordinating the best resources for your clients to help solve their needs
  • Through regular engagement with clients and other colleagues you will have the opportunity to learn, grow and enhance skills that will allow you to develop your career proactively
  • Flexibility to work in a hybrid model
  • Mercer offers tuition assistance
  • 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.

We will count on you to:

  • Have partial oversight for fixed income solutions
  • Interface with investment sub advisors, monitor performance and performance attribution for fixed income funds
  • Engage daily with other OCIO teams, specifically trading, implementation and client solutions
  • Oversee, implement and monitor investment guidelines

What you need to have:

  • A strong candidate will have 10+ years of investment management industry experience
  • Structural knowledge of the Defined Contribution, Defined Benefit, and Not For Profit client segments
  • Familiarity with fixed income investment risks and portfolio construction
  • Prior client-facing contact, and most importantly asset class and asset management insight and expertise.
  • The environment is highly dynamic and collaborative, so it’s essential that the right candidate possess comfort with direct accountability, taking initiative, follow up and an ability to broker effective relationships with overlapping teams

What makes you stand out:

  • Depth of experience in portfolio construction, risk analysis and performance attribution
  • Prior roles at varying levels within an asset management firm (buy side or sell side)
  • Technical knowledge of portfolio solutions risk systems and fixed income risk modeling systems (Barra MSCI, Bloomberg, Clearwater, Aladdin, etc…)
  • Quantitative skills in data aggregation and analysis; familiarity with SQL, MatLab, Python, etc…