Investment Risk Manager

Company:Mercer

Description:

We are seeking a talented individual to join our Direct Investment Unit at Mercer, a Marsh company. This role will be based in New York. This is a hybrid role that has a requirement of working at least three days a week in the office.

The Investment Risk Manager is responsible for overseeing and understanding the various investment risks undertaken within the firm’s portfolio management business.

We will count on you to:

• Monitor portfolios to ensure conformity with established investment risk guidelines.

• Investigate any investment guidelines exceptions and unexpected behavior that arise in the portfolio management process and respond in real time. Report exceptions to the Compliance Officer and Management.

• Collaborate with portfolio management teams to understand investment objectives and formulate suitable investment guidelines.

• Provide analytical insight to enhance the investment and risk management process.

• Perform risk analysis on portfolios and their benchmarks, reporting on market, liquidity and concentration risks.

• Present portfolio risk and analysis to senior leaders across the firm.

• Coordinate the addition of new instruments, portfolios and counterparties to the risk monitoring process. 

• Participate in the coding of investment guidelines in the risk system to ensure independent rule setting.

• Develop risk measurement approaches and mitigation strategies.

What you need to have:

• 5+ years of relevant investment risk management experience, ideally in a buy side firm

• Detailed understanding of investment risk measurement and risk management approaches

• Ability to accurately evaluate and quantify investment risks under both normal and stressed market conditions using both vendor and proprietary tools

• Strong understanding of fixed income analytics, equity and interest rate options, security valuation and bond math required

• Have strong analytical skills to enable problem solving and development of solutions that can be scaled across numerous portfolios

• Must be detail oriented and have strong problem solving and analytical skills

• Must have excellent written and verbal communication skills

• Self-starter with the ability to work independently

• Bachelor’s Degree in finance, math, computer science, or other quantitative field required

• Advanced knowledge of Microsoft Excel required

What makes you stand out:

• Experience with CRIMS, Bloomberg and Yield Book a plus

• Experience in Python or similar programming languages a plus

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.

• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Mercer, visit mercer.com, or follow us on LinkedIn and X.

Marsh 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 [email protected].

Marsh 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 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.

The applicable base salary range for this role is $111,600 to $223,200.

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.

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.