Senior Investment Consultant III

## Company: Mercer ## ## Description: We are seeking a talented individual to join our **Wealth** team at **Mercer, a Marsh business**. This role can be based in Chicago, St Louis, Minneapolis, Dallas, Southfield, or Columbus and offers a hybrid work arrangement, requiring a minimum of three days per week in the office. As a **Senior Investment Consultant**, you will advise 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. You’ll present capital markets and performance updates to executive committees and stakeholders, build portfolio recommendations for large and jumbo clients, and analyze participant demographics and investment menu structure. You’ll manage project plans, timelines, and budgets, and drive business development by expanding existing relationships and cultivating new clients. **We will count on you to:** - ### 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 - ### Thrive and be motivated by an environment that embraces AI and technology-enabled tools - ### 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 - ### As needed, 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 ### **What you need to have:** - ### Bachelor's degree required - ### At least 10 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 and presenting requests for proposal (RFP) - ### Experience creating and delivering presentations - ### Strong, demonstrated interest in being client-facing and communicating technical (not necessarily financial) information concisely to clients **What makes you stand out:** - ### Having CFA, CIMA, CAIA or MBA - ### Experience prospecting for new business - ### Strong, demonstrated interest in capital markets and portfolio construction (not security selection), including the calculation and interpretation of standard risk/return metrics - ### Experience or familiarity with not-for-profit portfolios **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 an 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 (N…