Institutional Investment Consultant, Senior Associate
About the role
This role can be based in Chicago, Denver, Los Angeles, Minneapolis, or Seattle. This is a hybrid work arrangement, requiring a minimum of three days per week in the office. As an Institutional Investment Consulting Senior Associate, you will play a key role in supporting the range of investment services provided to a diverse range of institutional clients and collaborating with experts to build portfolios, evaluate asset managers, and analyze portfolio performance. You will support client leads or serve as a lead of your own based on your experience, knowledge, and skillset. This is a dynamic opportunity to develop deep industry knowledge while contributing to impactful client outcomes!
Responsibilities
- Work with client staff, investment committees, and boards to understand needs, objectives and investment constraints
- Examine and monitor developments within the economy, global capital markets, and the asset management community to communicate relevant updates to clients
- Thrive and be motivated by an environment that embraces AI and technology-enabled tools
- Work collaboratively with client team members to manage projects by defining objectives, making recommendations, and ensuring client deliverables are timely and represent best practices
- Liaise with investment managers, custodians, and Mercer experts to gather and clarify client-specific data supporting service delivery
- Support investment manager searches, investment structure reviews, asset allocation studies, new business presentations, and other investment-related activities
- Participate in, or lead, quarterly or ad-hoc client meetings
- Mentor and teach junior analysts looking to develop their skills
Requirements
- A bachelor's degree from an accredited institution with coursework in business or investment-related courses
- 5-10 years of relevant investment experience
- Actively pursuing or already obtained the CFA, CAIA, CIMA, or CIPM designation
- Knowledge of performance calculations, risk metrics, and portfolio construction
- Self-motivated and effective in a highly collaborative team environment
- Ability to multitask and manage multiple priorities in a rapidly changing, dynamic setting
- Strong analytical, project management, and communication skills
- Experience presenting complex topics to clients with varying levels of sophistication, across both traditional and alternative investments
- Commitment to continuous learning and staying current with industry trends and market conditions
- Adaptability and decisiveness
- Proficient in Microsoft Excel, Word, and PowerPoint
Qualifications
- Experience leading relationships with complex clients
- Demonstrable communication of both traditional and alternative investments to clients
- Familiarity with a variety of institutional clients and plan types, such as defined contribution, defined benefit, endowment, foundation, insurance, and the wealth management community
Benefits
- Health and welfare benefits
- Tuition assistance
- 401K savings and other retirement programs
- Employee assistance programs
Pay
The applicable base salary range for this role is $88,000 to $176,000. 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.
Schedule
This is a hybrid work arrangement, requiring a minimum of three days per week in the office.