Investment Risk Manager

Marsh McLennan • New York, NY

3d • $126,000 - $252,000 • Hybrid

About The Position

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.

Requirements

• 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

Nice To Haves

• Experience with CRIMS, Bloomberg and Yield Book a plus
• Experience in Python or similar programming languages a plus

Responsibilities

• 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.

Benefits

• 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.
• health and welfare benefits
• tuition assistance
• 401K savings and other retirement programs
• employee assistance programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees