Director, Private Markets & Portfolio Strategy

CFA Institute; Salt Lake City (UT); Hybrid; USD 126,000 - 252,000; Full time

Job summary

Mercer is seeking a Director, Portfolio Strategy & Private Markets to lead customized investment strategies for sophisticated institutional clients. You will work with senior leaders and the Alternatives team to shape portfolio decisions and integrate private equity across client portfolios.

The role focuses on analytics, recommendations, and coordination across teams to drive decisions and client outcomes in a complex private markets context.

Qualifications

• 7+ years of investment experience with institutional portfolio construction.
• Strong grounding in investment strategy for institutional clients.
• Experience with private equity or broader private markets.
• Understanding of private equity portfolio construction, cash-flow dynamics and diversification.
• Ability to evaluate decisions in a total-portfolio context.
• Experience interacting with investment committees or boards.

Responsibilities

• Partner with senior portfolio management to develop customized investment strategies.
• Analyze questions across asset allocation, liquidity, risk, and benchmarking.
• Assess exposures across public and private markets and identify return sources.
• Develop recommendations on portfolio structure and manager configuration.
• Support private equity portfolios including exposure analysis and pacing.
• Evaluate private equity within client asset allocation and risk tolerance.
• Monitor exposures by strategy, geography, vintage, and manager.
• Analyze capital calls, distributions, NAV evolution, and unfunded commitments.
• Support commitment planning for new private equity investments.
• Translate research into client-specific portfolio recommendations.
• Prepare investment committee materials and client-facing presentations.
• Coordinate with stakeholders to drive implementation and operations.
• Develop repeatable tools and frameworks for portfolio construction.
• Support new business opportunities and client discussions.

Skills

Portfolio Strategy

Private Markets

Investment Analysis

Stakeholder Communication

Education

Bachelor's degree

CFA

CAIA

MBA

Job description

Mercer is seeking a Director, Portfolio Strategy & Private Markets to lead customized investment strategies for sophisticated institutional clients. You will work with senior leaders and the Alternatives team to shape portfolio decisions and integrate private equity across client portfolios.

The role focuses on analytics, recommendations, and coordination across teams to drive decisions and client outcomes in a complex private markets context.