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.

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.

What makes you stand out?

• 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

• Professional development opportunities.
• Interesting work and supportive leaders.
• Vibrant and inclusive culture.
• Career opportunities, benefits and rewards to enhance well-being.
• 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.