We are seeking a talented individual to join our Trading & Execution team at Mercer Global Investment Europe and this role will be based in Dublin.
This is an exciting opportunity for a senior candidate to join one of Mercer’s 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 Mercer’s best investment ideas. Mercer’s 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 Investment’s global investment manager research.
Mercer’s 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 Mercer’s 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 Mercer’s Client Portfolio’s and Mercer’s 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. 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.
This is a hybrid role that has a requirement of working at least three days a week in the office.
We will count 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.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 an Administrator and/or Fund Manager.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.Excellent 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 and support their career progression.Strong knowledge of financial markets and different fund structures, parties to the fund and the differing fund types would be an advantage.
What makes you stand out:
Why join our team:
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 $23 billion and more than 85,000 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, Traveller community, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable support to any candidate with a disability/health condition to allow them to fully participate in the recruitment process. We welcome candidates to contact us at reasonableaccommodations@mmc.com to discuss any specific needs.
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.