Investment Trading Operations Specialist

Marsh McLennan • Boston, MA

2d • Hybrid

About The Position

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.

Requirements

• 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.

Nice To Haves

• 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.

Responsibilities

• 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.

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