Marsh McLennan

Director Investment Operations

Marsh McLennan$122K — $245K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years in asset management with senior operations experience
  • Proven leadership in complex investment operations organizations
  • Extensive knowledge of operational workflows for derivatives, funds, and cash securities
  • Experience in team management and inter-team operational interactions
  • Track record of implementing new systems and infrastructure
  • Familiarity with regulatory frameworks and reporting requirements
  • Skilled in developing pragmatic solutions for operational challenges

Responsibilities

  • Deliver middle and back-office functions while minimizing operational risk
  • Support launching new client mandates and trading instruments
  • Oversee key outsourced service providers like Arcesium and manage internal teams
  • Ensure accuracy in post-trade workflows and downstream trade booking
  • Represent US DIU investment operations in internal projects and governance
  • Manage custodians, pooled fund providers, and strategic outsourced relationships

Benefits

  • Professional development opportunities and interesting work
  • Supportive leadership fostering a vibrant and inclusive culture
  • Diverse career pathways due to company scale
  • Health and welfare benefits including employee assistance programs
  • Tuition assistance and retirement savings programs
Full Job Description
Company:
Mercer

Description:

We are seeking a talented individual to join our Wealth team at Mercer, a Marsh. 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.

This role will lead US investment operations for Mercer's Direct Investment Unit (DIU). The DIU is an investment management team that provides multi-asset solutions to cleints. This role will lead an internal team, oversee external vendors and collaborate with our international DIU colleagues.

We will count on you to:
  • Deliver middle and back-office functions and minimize operational risk.
  • Support the launching of new client mandates and trading instruments, aligned with the business' ongoing needs.
  • Oversee the key outsourced service provider, Arcesium as well as an internal team.
  • Support the post-trade workflows ensuring trades are booked accurately downstream.
  • Represent US DIU investment operations on internal project and governance initiatives
  • Manage custodians, pooled fund providers, other strategic outsourced relationships


What you need to have:
  • At least 10 years' experience working in asset management, culminating in a senior operations role.
  • Proven success in leading a complex investment operations organization with strong client delivery, developing a strong control environment and leading through periods of meaningful change.
  • Deep experience in operational workflows with derivatives (OTC and exchange traded), funds and cash securities.
  • History of managing teams and leading the operational interaction with other teams.
  • A record of implementing changes of new systems, infrastructure, personnel etc.
  • Familiarity with regulatory frameworks and operational reporting requirements.
  • Ability to lead the development of pragmatic solutions to operational challenges
  • Skill to apply technology for standardization and operational efficiency


What makes you stand out?
  • Previous use of Charles River and experience with its implementation
  • Advanced education (e.g. MBA) or industry relevant certifications (e.g. CFA)
  • A broad awareness of the technological underpinnings of operational systems


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 an impact on 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.


The applicable base salary range for this role is $122,500 to $245,000.

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.

About Marsh McLennan

Marsh McLennan Careers

Join the exceptional team at Marsh McLennan, a global leader in professional services, offering unparalleled job opportunities in insurance, risk management, and consultancy. As the company propels forward, it invites dedicated professionals to contribute to a culture of innovation, leadership, and growth.

Work You’ll Do

At Marsh McLennan, you will engage with complex challenges that push the boundaries of your skills and knowledge. Our team thrives on diversity and the shared goal of delivering impactful solutions to our clients worldwide. By joining us, you will be part of a culture that values diversity training and leadership development, ensuring every team member is equipped for success.

Explore Professional Growth

Marsh McLennan is committed to the professional growth of its employees. Whether you are seeking a position that offers a path to leadership or looking for robust internship programs to kickstart your career, Marsh McLennan provides the resources and global platform to propel your ambitions into achievements. Our benefits package is designed to support the well-being and continuous professional development of all staff, from entry-level to senior leadership roles.

Innovative Work Environment

Our company is at the forefront of industry innovation. The collaboration between experienced professionals and fresh talent generates dynamic solutions that keep Marsh McLennan at the cutting edge of the industry. Our team is encouraged to lead with creativity and embrace new ideas, driving the company’s legacy of pioneering industry-first solutions.

Join Our Team

Marsh McLennan is hiring! Explore the multitude of job opportunities on our careers page, from strategic advisory roles to operational excellence positions. We look for passionate, curious, and solution-driven team players. Enhance your career with Marsh McLennan, where your skills will be honed through challenging projects and high-impact strategies.

Networking and Career Advancement

Networking at Marsh McLennan opens doors to enriching connections and countless opportunities within the industry. Our professionals benefit from an environment that fosters networking through events, professional groups, and collaborative projects. With Marsh McLennan, career advancement is not just a possibility—it is an expectation.

Prepare for Your Interview

Ready to apply? Make sure your resume highlights your most relevant experiences and skills tailored to the position you are applying for. Our interview process is designed to understand your capabilities and fit with our team’s goals and values. Prepare to discuss how your background, experiences, and professional aspirations align with the opportunities at Marsh McLennan.

Stay Connected

Keep up to date with the latest from Marsh McLennan: - **Career Insights**: Gain insider perspectives and industry-leading insights through our careers blog. - **Job Alert Emails**: Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities awaiting at Marsh McLennan, where your professional journey is just the beginning. Join us in shaping a future defined by insight, integrity, and innovation.
Learn more about Marsh McLennan
Size
83,000 employees
Market Cap
$82.6 billion
Industry
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ

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