Investment Research - Lead Specialist at MMC in New York, New York

Job Description:

At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We are in the business of creating more secure and rewarding futures for our clients and their employees - whether we are designing affordable health plans, assuring income for retirement, or aligning workers with workforce needs.


Mercer Investments, LLC is seeking candidates for the following position based in the New York, New York office (Remote work may be permitted within a commutable distance from the worksite in accordance with company policy).



Investment Research - Lead Specialist




We will count on you to:



Lead investment manager research on new and existing alternative investment funds across strategy types and asset classes. Serve as a specialist for delegating strategic research focus. Execute qualitative and quantitative analysis of investment strategies, philosophy, and portfolio management capabilities while also planning for the implementation of investment strategies. Responsible for performing highly complex due diligence research pertaining to investment firms that manage hedge fund strategies as well as provide expert due diligence support to other research teams requiring expertise. Manage own coverage list with responsibility to perform in-depth quantitative and qualitative analysis, produce formal due diligence reports, propose strategy ratings, and present to the Ratings Review Committee for ratification. Analyze, design, and present highly sophisticated institutional hedge fund investment solutions for major accounts. Research and analyze information about Investment Managers utilizing proprietary databases and tools. Provide input and context for evaluating and selecting Investment Managers who are most capable of generating value for clients. Provide support and contributions with respect to investment policy, performance reporting, attribution analysis, benchmarking, broad capital markets, and specific types of investment management including equity management, fixed income management, and hedge fund management. Make recommendations concerning the capability and suitability of investment strategies for key institutional clients and identify investment management strategies tailored to complex risk profiles. Design sophisticated investment management solutions to address clients' risk constraints and formulate best in class investment management due diligence, recommendations, and assessments to deliver increased investment value for key clients. Create intellectual capital and strategic research related to hedge funds and alternative portfolios. Present at Mercer's Global Investment Forums and represent the Diversifying Alternatives Research team to both asset owners and asset managers.



What you need to have:



Must have a Bachelor's degree, or foreign equivalent, in Economics, Accounting, or a related field, plus five (5) years of progressive post-baccalaureate experience in the position offered, or a related occupation. Applicants must have passed at least Level II of the Chartered Financial Analyst (CFA) exam. Must have five (5) years of experience with all of the following: Working in the Institutional Investment Management or Consulting Industries; Asset allocation modeling and implementation; Performing investment analysis, alternative investment research, and due diligence on investment managers; Conducting qualitative and quantitative analysis of investment strategies including statistical analysis and financial modelling; Utilizing Microsoft excel functions including VLOOKUP, HLOOKUP, Pivot Tables, and regression analysis; Utilizing Microsoft PowerPoint functions including graphic creation, animation, and transitions; Creating and delivering recommendations to end users (e.g., clients); Supporting client and business development opportunities; Serving as a mentor to junior team members.


Mercer 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 TANA@mmc.com


The applicable base salary range for this role is $151,900 - $252,000 per year.


The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. 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.



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