Description

We are seeking a talented individual to join our Cash and Trading Operations team at Mercer. This role will be based in Boston, MA. This is a hybrid role that has a requirement of working at least three days a week in the office.

The Investment Trading Operations Specialist is responsible for executing daily, monthly, and ad hoc processes to support trading execution, reconciliation, data integrity, system administration, and documentation of procedures.

This role involves ensuring accurate loading and reconciliation of daily data into trading and reporting systems, while collaborating closely with Operations associates, Portfolio Management, Client Service, Strategy, and Technology teams to resolve issues and fulfill ad hoc requests. The Analyst serves as a key point of contact for internal stakeholders, providing timely support on servicing issues and other operational needs.

We will count on you to:

• Manage daily morning processes, i.e. validate system pricing and holdings data, monitor plan funded status measurements and resolve day-over-day outlier activity.
• Provide operational support and efficiencies to client implementation & onboarding teams to deliver customized investment solutions utilizing existing platforms, models, and procedures.
• Perform system administration duties, i.e. new plan, fund, account setups and portfolio allocation targets.
• Perform daily client reporting.
• Draft trade instruction letters for third-party product managers and client custodians on behalf of portfolio managers.
• Perform month-end plan reconciliation workflows, Collect and aggregate monthly pension statements.

What you need to have:

• A minimum of two years of experience in fund accounting, custody, or fund administration.
• Bachelor's degree in accounting, finance or related field of study preferred.
• Understanding of the concepts and derivation of the Net Asset Value calculation for a wide range of investment vehicles.
• Demonstrated ability to work in an environment where adherence to procedures and controls is critical.
• Proficiency in Microsoft Office, especially Microsoft Excel.

What makes you stand out?

• Previous experience with Charles River Investment Management System.
• Familiarity with Defined Benefit Pension Plans and Defined Contribution Plans.
• Proven ability to work well in a team-oriented environment, while maintaining ownership over individual responsibilities.
• Strong analytical and organizational skills, clear and effective communication, both written and oral; ability to multi-task.

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 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, 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 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.

The applicable base salary range for this role is $57,500 to $115,000.

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.