Job Description
Reporting to the Assistant Treasurer, Pension Investments, the Director is responsible for strategic oversight, governance, funding, and risk management of our Company's global benefits plans. Supporting our Company's Management Pension Investments Committee (MPIC) as part of our Company's Treasury organization, the Pension Investments team provides oversight for $40B of global retirement income assets.
Responsibilities
Recommend investment strategies for domestic defined benefit and defined contribution portfolios
Select and monitor investment managers and external advisors
For our Company's ex-US plans, provide guidance and drive alignment with stakeholders including local Finance and HR, trustees, consultants, and MPIC
Partner with HR and Benefits Finance to evaluate the impact of plan design decisions on investment strategy
Collaborate with other Treasury colleagues to evaluate funding decisions
Manage risks associated with the Company’s $500M deferred compensation hedging program
Assess and communicate implications of market, regulatory, and industry developments to fiduciaries and broader Finance organization.
Education
BA/BS degree in Finance or Accounting
Advanced degrees and/or certifications such as MBA, CFA or CPA considered a plus
Required Experience and Skills
Minimum of 8 years of Corporate Finance experience
Experience managing pension assets, selecting and overseeing investment managers, evaluating investment performance, and developing funding strategies for defined benefit and defined contribution plans
Understanding of pension accounting, asset-liability management, and market risks
Ability to work independently and accurately under time constraints
Proficient in Microsoft Excel and modeling
Excellent interpersonal and communication skills with the ability to build internal and external relationships
#eligibleforerp
Required Skills:
Annual Fund Management, Corporate Finance, Finance, Finance Strategy, Investment Management, Investment Planning, Investment Portfolios, Investments Analysis, Investment Strategies, Investor Relationship Management, Investor Relations Support, Investor Reporting, Microsoft Excel Functions, Pension Accounting, Securities Investment, Treasury Management
Preferred Skills:
Current Employees apply HERE
Current Contingent Workers apply HERE
San Francisco Residents Only: We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance
Los Angeles Residents Only: We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance
Search Firm Representatives Please Read Carefully
Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
Employee Status:
Regular
Relocation:
No relocation
VISA Sponsorship:
No
Travel Requirements:
25%
Flexible Work Arrangements:
Hybrid
Shift:
Not Indicated
Valid Driving License:
No
Hazardous Material(s):
N/A
Job Posting End Date:
09/19/2026
*A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date.
