Director, Portfolio Strategy & Private Markets

Mercer

Director Portfolio Strategy & Private Markets

What can you expect:

This is a fantastic opportunity to join a collaborative investment team where custom portfolio management and private markets expertise come together. Working closely with senior Portfolio Management leaders and the Alternatives Investment Director team youll help support sophisticated institutional clients as they navigate complex portfolio decisions and long-term objectives.

Youll play an important role in shaping portfolio strategy contributing to client recommendations and strengthening how private equity is integrated across broader institutional portfolios. Its a role for someone who enjoys variety thinking deeply about investment challenges and turning analysis into clear practical ideas that help drive decisions forward.

We will count on you to:

• Partner with senior portfolio management leadership to develop and manage customized investment strategies for sophisticated institutional clients.

• Analyze portfolio questions across asset allocation liquidity risk implementation benchmarking and portfolio construction.

• Assess exposures holistically across public and private markets including concentrations overlapping economic risks liquidity requirements and expected sources of return.

• Develop recommendations on portfolio structure active versus passive implementation manager configuration and strategic portfolio decisions.

• Support the construction and ongoing management of private equity portfolios including exposure analysis diversification pacing commitments and portfolio monitoring.

• Evaluate private equity exposure within the context of each clients strategic asset allocation return objectives liquidity profile and risk tolerance.

• Monitor portfolio exposures by strategy geography vintage manager and underlying company.

• Analyze capital calls distributions NAV evolution unfunded commitments and expected future cash flows.

• Support commitment planning and recommendations for new private equity investments.

• Translate manager-level research and investment views into client-specific portfolio recommendations.

• Prepare investment committee and board materials that frame decisions and recommendations clearly.

• Coordinate with internal stakeholders across Portfolio Management Alternatives operations managers custodians and other teams to drive implementation.

• Help develop repeatable tools frameworks and processes to support customized portfolio management and private markets portfolio construction.

• Support new-business opportunities proposals finals presentations and client discussions.

What you need to have:

• Approximately 7 years of relevant investment experience.

• Strong grounding in institutional portfolio construction and investment strategy.

• Experience with private equity or broader private markets.

• Understanding of private equity portfolio construction commitment pacing cash-flow dynamics performance measurement and manager diversification.

• Ability to evaluate investment decisions in a total-portfolio context.

• Experience working with sophisticated institutional investors investment committees or boards.

• Excellent analytical written and verbal communication skills.

• Proven ability to manage complex workstreams independently and coordinate across investment teams.

• High degree of intellectual curiosity judgment initiative and accountability.

• Bachelors degree required.
  

What makes you stand out:

• Direct experience bridging total portfolio strategy and private markets.

• Strong understanding of how private equity affects liquidity risk governance and implementation.

• Ability to take an ambiguous portfolio question and turn it into a clear analytical framework and recommendation.

• Confidence in representing the investment team with sophisticated clients boards and committees.

• Experience supporting or leading investment committee materials that focus on decision-making not just reporting.

• CFA CAIA MBA or another relevant advanced qualification.

• A track record of building strong relationships across investment operations and client-facing teams.

• Ability to create leverage for senior leaders by independently owning significant portfolio and strategic workstreams.

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.

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 95000 colleagues Marsh helps build the confidence to thrive through the power of perspective. For more information visit 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 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

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.

The applicable base salary range for this role is $126000 to $252000.

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 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.