We are seeking a talented individual to join our Operational Due Diligence at Mercer Sentinel. This role will be based in New York, Chicago or Boston. This is a hybrid role that has a requirement of working at least three days a week in the office.
Operational Due Diligence (ODD) Consultant
Mercer Sentinel is a global group of 44 full time staff, focused on consulting to clients on all aspects of investment operations. Our operating hubs are New York, Chicago, Denver, London, Hong Kong, Singapore and Sydney. The Operational Risk Assessments Team consults on investment operations, implementation and governance of investment managers.
We will count on you to:
Due to increasing client demand we are continuing to build a specialist team focused on investment manager operational risk assessments working with both Asset Managers and direct operational risk consulting to Asset Owners. We would like to employ an operational due diligence consultant who has an understanding of the investment industry and the operational functions of investment organizations. The job holder will work as part of a team of experienced analysts and consultants
Serve as a trusted advisor to leading asset owners, consulting directly on operational best practices across investment operations, including governance, oversight, and risk management frameworks. This client-facing role requires strong relationship management skills and the ability to present findings and recommendations to senior stakeholders, investment committees, and boards.
Perform due diligence on investment organizations to highlight and manage operational risks that may impact clients
Write operational risk review operational risk consulting reports
Work as part of a team participating in managing projects
Review documentation provided by investment managers & asset owners
Participate in on-site visits with investment managers & asset owners
30% travel throughout North America
Contribute to manager and/or specialist research projects
What you need to have:
A bachelor's degree in mathematics, economics, finance or other business-related areas with strong quantitative and analytical course content or direct relevant experience
Experience with investment management, operations, fund management or investment consulting
Understanding of investment manager middle and back office operations, fund administration, portfolio accounting, regulatory compliance and other relevant industry experience
Thorough knowledge of Microsoft Office applications (Word, Excel, PowerPoint)
Superior communication skills and team collaboration skills
Written skills must be advanced & Client facing experience required
Good organizational and time management skills
Previous experience in operational risk analysis, fund administration, and or financial / portfolio accounting
What makes you stand out:
Openly shares information and own expertise with colleagues
Takes ownership for work, always ensuring standards and deadlines are met and team members and clients are informed
Possess excellent team working skills in a global fast paced working environment
Demonstrates excellent oral and written communication skills
Self-motivated with an eagerness to learn and a positive work ethic
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, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.
Marsh McLennan 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 reasonableaccommodations@mmc.com.
Marsh McLennan 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 McLennan 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 $122,400 to $244,800.
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.