Operations Analyst

Mercer; Greater London; Hybrid; GBP 55,000 - 85,000; Full time

Job summary

Mercer is hiring an Investment Operations Analyst to support the MRML DIU Valuations and Performance Analytics Team in a hybrid role based in Greater London. You will produce accurate internal fund valuations for a variety of instruments and collaborate with portfolio managers to support trading, risk, and performance reporting.

Ideal candidates will have middle/back office experience, strong Excel skills and a keen interest in investments.

Qualifications

• Experience in a middle/back office role in asset or risk management, custodian or fund administrator.
• Affinity with investments and a desire to learn more.
• Strong communication skills (verbal and written).
• Good knowledge of Excel and data handling.
• Organisational skills with ability to meet multiple deadlines.

Responsibilities

• Produce valuations accurately and timely to support portfolio trading and NAV sign-offs.
• Understand a wide variety of instruments (Fixed Income, Futures, OTC Swaps, FX Forwards, Hedge Funds, UCITs, Private Equity).
• Validate performance contribution at instrument level and explain results to Portfolio Managers and external parties.
• Oversee Fund Administrators to ensure internal data aligns with official NAVs and reports.
• Work as part of a team with rotating processes to meet deliverables.

Skills

Investments

Back office

Communication

Excel

Organisational skills

Job description

We are recruiting for an Investment Operations Analyst to work in the MRML DIU Valuations and Performance Analytics Team.

This is a hybrid role requiring you to work three office-based days a week.

The role focuses on producing accurate internal fund valuations for use within the DIU. The team covers various fund types (Credit, Fixed-Income, LDI, Multi-Asset, CCF) and we work closely with Portfolio Managers as our valuation data is used for portfolio management, trade-sizing and rebalancing. Our valuations are additionally used to control and oversee Administrator valuations, external managers and for performance reporting.

We will count on you to:

• Produce valuations: Accurate and timely delivery is fundamental to allow portfolio managers to trade.


• Understand a wide variety of instruments: We value a multitude of instruments including, but not limited to: Fixed Income, Listed Futures and Options, OTC Swaps, FX Forwards, Hedge Funds & UCITs, Private Equity.


• Validate Performance Contribution: Instrument level performance contribution and relative contribution. We need to be comfortable explaining performance to Portfolio Managers and external parties.


• Oversee Fund Administrators: The accuracy of our internal data is crucial to oversee and sign-off on the Administrator fund valuations and NAVs as official books and records for our clients.


• Work as part of a team: processes are rotated across the team according to capacity and we need to be able to work dynamically as part of a team to meet our deliverables.

What you need to have:

• Affinity with Investments. You do not need expertise & experience in all financial instruments listed above, but a desire to learn is important.


• Experience in a middle/back office role of an asset or risk manager, custodian or fund administrator.


• Strong communication skills (verbal, written and interpersonal)


• Energy and enthusiasm.


• Intermediate to strong knowledge of Excel.


• Organisational skills and a calm and logical approach to meeting multiple deadlines.

Why join our team:

• To be part of a fast growing and ever-changing part of the Mercer business. The DIU is expected to continue to increase AUM significantly in the coming years.


• Exposure to a wide variety of instruments and fund types and an opportunity to work closely with Portfolio Managers.


• Exposure to large scale projects: such as the coming migration to CRIMS and a standardised IBOR across the business.

Marsh (NYSE: MRSH) is 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, visit marsh.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, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [e-mail].

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.

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