Senior Investment Research Specialist - Private Debt

Company:

Mercer

Description:

We are seeking a talented individual to join our Private Debt investment team at Mercer. This role will ideally be based in New York; however, we are open to other locations and arrangements. This is a hybrid role that has a requirement of working at least three days a week in the office.

Mercer’s Private Debt team is responsible for (i) researching Private Debt investment strategies and investment opportunities, (ii) planning, constructing and managing Private Debt portfolios, and (iii) generating the intellectual capital on Private Debt that supports Mercer’s global investment platform. The team serves a diverse client base, including both Mercer’s delegated solutions clients and advisory clients.

We will count on you to:

• Investment Due Diligence: Lead and oversee comprehensive due diligence processes for evaluating and underwriting prospective Private Debt fund investments, and to a lesser extent, co-investments and secondaries. You will aid in the production of research reports (both quantitative and qualitative). Investment recommendations should be supported with a macro and micro rationale as well as relative value assessment.

• Private Debt specialist: Act as a specialist in client meetings and prospective pitches by representing the broader business on all matters relating to Private Debt, including presenting analysis and communicating the opinions of the team in relation to investment opportunities and market views

• Portfolio Monitoring: Monitoring of private debt funds and investments

• Ad Hoc: Contribute to ad-hoc projects that may include intellectual capital development, generation of marketing materials, market data analysis, product strategy/development, and other project-based work that arises episodically

What you need to have:

• 5 to 7 years of experience researching Private Debt fund strategies or other adjacent fund strategies including fixed income or hedge fund credit.

• Experience at a fund-of-funds, limited partner (endowment, foundation, pension plan, RIA, insurance company, SWF), asset owner, or asset manager, where you have been responsible for capital deployment specifically in Private Debt, fixed income or other adjacent alternative investment strategies.

• Analytical mind-set with the ability to interpret data and draw meaningful insights

• Excellent communication skills, both written and verbal

• Ability to work effectively both independently and as part of a team

• Lacking ego and can objectively provide a view without personal bias

• Ability to aid in the development of junior team members

• Proficiency in Excel and PowerPoint

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 impact for 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.

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, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.

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.

The applicable base salary range for this role is $126,000 to $252,000.

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.

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