Description

Portfolio Construction Team Principal - London

We are seeking a Portfolio Construction Principal to join our team in London. This individual would play an instrumental role in the development of Mercer's guidance on objective-led portfolio construction, multi-asset private markets implementation and the total portfolio approach.

Mercer's Multi-Asset Team (MAT) is a global team responsible for designing multi-asset portfolios, developing Mercer's house views on markets & economies and researching external multi-asset managers. The team serves a diverse client base, including both Mercer's OCIO investment teams and our Segment Investment Committees (SICs) that work across defined benefit, defined contribution, insurance, endowment & foundations, health care, sovereign wealth and wealth management clients.

We will rely on you to:

The Portfolio Construction Team (PCT) is part of the Multi-Asset Team. The team is responsible for developing Mercer's intellectual capital and supporting the wider business on all matters relating to the total portfolio and objective-led portfolio construction. A key part of this is developing Mercer's Global Reference Portfolios, promoting the adoption of these at the regional level and helping segment teams to tailor them for specific use cases. For this role specifically, we would be looking for an individual who can:

• Idea generation including leading and contributing to the research, drafting and delivery of intellectual capital papers and presentations on the full range of Portfolio Construction topics including private markets and overlay solutions
• Contribute to the development and evolution of Global Reference Portfolios
• Lead our work on the implementation of Global Reference Portfolios in the international region. This will involve working with the International Asset Allocation Committee and other key stakeholders to develop and maintain regional model portfolios
• Act as a senior point of contact for technical queries on Portfolio Construction topics
• Build relationships with our Strategic Research, Sustainable Investment, Capital Market Assumptions and Asset Class research teams (including Private Markets)
• Present ideas and proposals to the Global Asset Allocation Committee for approval
• Lead analysts in the MAT and other Mercer teams on the scoping and development of portfolio analytics to support the development of Global Reference Portfolios and managing total portfolios in a holistic manner

What you need to have:

• CFA and/or ability to demonstrate strong interest in financial markets, investing, portfolio construction theory and macroeconomics
• A wealth of experience in portfolio construction, investment specialist, asset allocation, multi-asset private markets or similar roles
• An analytical mind-set with the ability to interpret data and draw meaningful insights
• Ability to build relationships, negotiate effectively and problem solve with a wide range of internal and external stakeholders
• Proficiency in Excel and PowerPoint. Ideally experience using FactSet.

What makes you stand out:

• Strong analytical skills, an excellent understanding of investment theory, asset classes and financial markets, together with polished communication abilities

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 on 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 $27 billion and more than 95,000 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, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@mmc.com.

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.