Senior Investment Consultant

About the role

We are seeking a talented individual to join our Wealth at Mercer, a Marsh business. This role will be based in Denver, Irvine, Los Angeles, Phoenix, San Francisco or Seattle. This is a hybrid role that has a requirement of working at least three days a week in the office.

Responsibilities

• Advises institutional clients—both defined benefit and defined contribution—on investment objectives, policy, asset allocation, manager selection, and ongoing monitoring to optimize risk/return and meet fiduciary obligations.
• Presents capital markets and performance updates to executive committees and stakeholders.
• Buils portfolio recommendations for large and jumbo clients.
• Analyzes participant demographics and investment menu structure.
• Manages project plans, timelines, and budgets.
• Drives business development by expanding existing relationships and cultivating new clients.

Requirements

• Determine clients' requirements and brief the team as appropriate, providing the direction and guidance required to ensure deadlines and services standards are met.
• Maintain and expand client relationships.
• Ensure that specialist teams are involved in the provision of advice as and when appropriate.
• Peer review reports, adding client-specific information and ensuring client suitability.
• Direct the work of employees in a project team and coach/mentor junior colleagues.
• Lead efforts to aggressively market and expand the Investment consulting business as well as Mercer's broader services as appropriate.
• Gather data from various teams within Mercer on capital markets, manager research, and performance reporting.
• Interact with third-party investment managers and custodians for pertinent information.
• Evaluate and synthesize key drivers of client portfolio performance given overall capital markets, third-party managers' investment styles and total portfolio characteristics.
• Produce written quarterly materials in PowerPoint, including both content and formatting.
• Understand client/prospect investment objectives and constraints.
• Work with third-party manager due diligence team to evaluate and select investments to fulfill the asset allocation.
• Monitor performance and business developments of third-party managers in client portfolios and notify clients of critical issues in an accurate and timely manner.
• Thrive and be motivated by an environment that embraces AI and technology-enabled tools.

Qualifications

• Bachelor's degree required.
• At least 8 years' of related investment industry experience.
• Deep understanding of investments and retirement plans, including 401k, Defined Contribution and pension plans.
• Experience with total portfolio management.
• Experience responding to Requests for Proposal.
• Experience creating and delivering presentations.
• High level of proficiency in Microsoft Office, particularly PowerPoint and Excel.
• Excellent organizational, interpersonal, verbal and written communication skills.

Skills

• Having CFA, CIMA, CAIA or MBA.
• Strong, demonstrated interest in capital markets and portfolio construction (not security selection), including the calculation and interpretation of standard risk/return metrics.
• Strong, demonstrated interest in being client-facing and communicating technical (not necessarily financial) information concisely to clients.

Benefits

• Competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

Pay

• The applicable base salary range for this role is $122,400 to $244,800.

Schedule

• This is a hybrid role that has a requirement of working at least three days a week in the office.