Director, Pension Investments (Hybrid - Rahway, NJ)

MSD • Rahway, NJ

1d • $156,900 - $247,000 • Hybrid

About The Position

Reporting to the Assistant Treasurer, Pension Investments, the Director is responsible for strategic oversight, governance, funding, and risk management of our Company's global benefits plans. Supporting our Company's Management Pension Investments Committee (MPIC) as part of our Company's Treasury organization, the Pension Investments team provides oversight for $40B of global retirement income assets.

Requirements

• BA/BS degree in Finance or Accounting
• Minimum of 8 years of Corporate Finance experience
• Experience managing pension assets, selecting and overseeing investment managers, evaluating investment performance, and developing funding strategies for defined benefit and defined contribution plans
• Understanding of pension accounting, asset-liability management, and market risks
• Ability to work independently and accurately under time constraints
• Proficient in Microsoft Excel and modeling
• Excellent interpersonal and communication skills with the ability to build internal and external relationships

Nice To Haves

• Advanced degrees and/or certifications such as MBA, CFA or CPA considered a plus

Responsibilities

• Recommend investment strategies for domestic defined benefit and defined contribution portfolios
• Select and monitor investment managers and external advisors
• For our Company's ex-US plans, provide guidance and drive alignment with stakeholders including local Finance and HR, trustees, consultants, and MPIC
• Partner with HR and Benefits Finance to evaluate the impact of plan design decisions on investment strategy
• Collaborate with other Treasury colleagues to evaluate funding decisions
• Manage risks associated with the Company’s $500M deferred compensation hedging program
• Assess and communicate implications of market, regulatory, and industry developments to fiduciaries and broader Finance organization.

Benefits

• medical, dental, vision healthcare and other insurance benefits (for employee and family)
• retirement benefits, including 401(k)
• paid holidays
• vacation
• compassionate and sick days

What This Job Offers

• Job Type: Full-time
• Career Level: Director