Junior Project Manager - Investment Management

Company:Mercer

Description:

What can you expect:

This is an exciting opportunity to join one of Mercer’s largest and most rapidly-growing business areas – Investment Solutions. Mercer's Investment Solutions (IS) business provides sophisticated implementation and investment services to clients. The business has grown rapidly over recent years with $500bn of client assets now under management globally, c.$190bn of which is invested on behalf of International investors. Our Investor base is institutional and typically clients are DB/DC Pension Schemes but the business is expanding into new segments including Insurance & Wealth Management.  

Mercer’s fund range was launched in Europe in September 2006 and currently consists of c.140 Irish-domiciled funds across 5 legal structures. In addition to the ability to provide bespoke solutions to large clients, these funds provide building blocks to support Mercer’s wider range of investment and risk management solutions targeting the institutional marketplace.  Mercer IS business has seen significant growth over the last few years and believes that demand for its investment solutions will continue to grow over the coming years.

The Operations Unit is responsible for the on-boarding of new clients into the funds, launching of new funds, client and fund rebalancing, management of underlying investment manager changes, NAV and valuation oversight, regulatory & tax oversight, management of third party service providers, operational infrastructure changes, development and maintenance of relationships with both internal and external clients and adherence to strict risk controls.

The Product Implementation Team sits within the Operations Unit and is responsible for the project management of new fund launches, onboarding, manager changes, and other fund restructure events. This involves the coordination of multiple stakeholders, both internal and external, including Portfolio Management, Legal & Compliance, Operations, Sales, Finance, Technology, Administrator and Depositary, and Investment Managers. The team is also responsible for undertaking and implementing business-wide initiatives and efficiency projects.

Candidates will ideally have good experience in project management and a knowledge about Irish Funds including UCITS and AIFs, and an understanding of the regulatory regime. Reporting to the Fund Change Manager, the role will be dynamic and diverse, requiring an individual with exceptionally strong project management, organisational, collaboration and communication skills.

The role will be dynamic and diverse, requiring an individual that has a background across Funds/Asset Management with exceptionally strong people and project management, organisational, collaboration and communication skills.

We will rely on you to:

• Project management:
  • Manage projects including fund launches, manager changes, fund of funds additions and fund restructures.
  • Maintain project plans and timelines to ensure successful implementation of project initiatives.
• Stakeholder engagement:
  • Collaborate with key internal stakeholders throughout the whole project lifecycle.
  • Manage relationship with key external stakeholders including the depositary and administrator to the funds that MGIE is appointed as investment manager.
• Documentation:
  • Prepare and contribute to drafting fund documentation such as fund supplement and prospectus, client agreements, and investment management agreements.
• Team collaboration and support:
  • Provide support to the team for technical queries, BAU deadlines and complex projects.
  • Provide support to the Product Implementation Manager on operational change, risk management and overall operational planning.
  • Maintain team processes documentation, best practices, and project milestones.
  • Develop and drive process improvement initiatives to improve quality and efficiency.
  • Participate in team discussions and assist in training other team members.

What you need to have: 

• Funds or Asset Management experience.
• Excellent organisational and project management skills.
• Strong communication and collaboration skills, the ability to communicate with project stakeholders effectively is important.
• Highly motivated, driven and focused.
• Ability to work under own initiative and work effectively in a team and build positive relationships.
• Confident in decision making, manages uncertainty effectively, anticipates and resolves barriers to implementing changes and instils Mercer philosophy and culture into all practices.
• Ability to work in a dynamic high performing team, supporting your team colleagues while leading, driving and managing your own tasks and projects.

What makes you stand out:

• Experience in the project management of Irish fund launches would be a strong advantage.
• Technical knowledge of fund structures, parties to the fund and fund types.
• Understanding of operational and reputational risks in a fund and the operational control environment required to manage these risks.

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 collaborate 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. 

#MercerIS

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, Traveller community, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable support to any candidate with a disability/health condition to allow them to fully participate in the recruitment process. We welcome candidates to contact us at [email protected] to discuss any specific needs.

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.