Chief Investment Officer - Canada
Location: Toronto, Ontario, Canada
Secondary Locations: Montreal,Quebec,Canada;
Company: MercerJob ID R_048621-en Apply
Extraordinary people. Extraordinary results. With more than 20,000 employees in more than 40 countries worldwide, Mercer is a leading global provider in talent, health, retirement, and investment consulting. Mercer works with clients to solve their most complex benefit and human capital issues, designing and helping manage health, retirement and other benefits. At Mercer, we say we Make Tomorrow, Today.
The Chief Investment Officer will assume the leadership responsibility for managing the portfolio management team and overseeing the Mercer Funds and custom portfolios for all types of clients in Canada. The Chief Investment Officer (CIO) will guide the team in building portfolios for usage by delegated clients and be responsible for the oversight of day-to-day activities including monitoring performance, execution of dynamic de-risking trades for clients, re-balancing execution, and client transactions. Play a leading role by acting as “The Investment Expert” in offering Mercer solutions to the institutional market. Work with larger clients to design and build bespoke investment solutions that meet client’s risk/return targets. This position will provide leadership to influence all stakeholders in Canada.
o Play a leading role by acting as an “Investment Expert” in guiding the team in the portfolio construction process.
o Play lead role in the design and management of the strategies in Canada.
o Proactively identify the best investment structures on an ongoing basis to ensure portfolio objectives.
o Ensure Mercer’s best thinking is incorporated in all portfolios.
o Play a key role in the identification and selection of suitable investment managers.
o Play a key role in monitoring the Mercer Portfolio’s and custom client managers.
o Support Dynamic De-risking Solutions (DDS) Architect/Custom Client PM for the selection of long duration/matching funds.
o Manage the investment team in the selection of investment managers for Defined Benefit (DB), Defined Contribution (DC), Wealth Management, Not-for-Profit and Insurance clients.
o Contribute to a two-way dialogue with the manager research team to ensure awareness of best ideas and vice versa.
Coordinate Implementation Activities with DDS
o Work with head of DDS implementation to coordinate and collaborate with head of DDS implementation Team.
o Promote consistency with Defined Benefit value proposition and DDS value proposition.
Work with Leadership, Business Leaders & Stakeholders
o Establish a working relationship with key leaders and business leaders in Canada.
o Promote Mercer innovation in order to meet commercial needs of the market place.
o Take a lead role in developing innovative investment solutions.
o Work with Mercer’s Manager Research teams as well as other sources of intellectual capital to ensure Mercer Funds always represent Mercer’s best ideas in them.
o Ensure the Investment Team integrates and supports operational requirements.
o Work with Legal & Compliance to ensure recommended investment solutions are viable with clients.
Delegated Implementation & Marketing
o Manage the proper implementation of portfolios, including contributing to the preparation of suitable material for and discussion with clients.
o Contribute to the preparation of new business presentations, RFPs and tender documents as required.
Key Skills Required
o The Chief Investment Officer (CIO) will have extensive experience in manager search and selection as well as multi-manager portfolio construction with a strong track-record of adding value through manager selection and blending as well as portfolio construction and risk management in a Fund environment including Regulatory requirements.
o The CIO will have extensive experience of asset allocation processes with a strong track-record in adding value through strategic and dynamic asset allocation across traditional and alternative assets including private markets.
o The CIO will have a good working knowledge of defined benefit and defined contribution strategies including Target Date Funds and post-retirement solutions.
o The CIO will have a track record in advising and influencing large, sophisticated clients and their advisors and have extensive interaction with senior client decision makers.
o The CIO will have strong communication and analytical skills and be able to interact confidently with other senior investment professionals, internal stakeholders including client service and sales staff, with clients and tender managers.
o The ability to confidently represent Mercer and our DS fund strategies with external audiences both small and large (including as conference speaker and with media), enhancing the brand, is essential.
At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We’re in the business of creating more secure and rewarding futures for our clients and their employees — whether we’re designing affordable health plans, assuring income for retirement or aligning workers with workforce needs. Using analysis and insights as catalysts for change, we anticipate and understand the individual impact of business decisions, now and in the future. We see people’s current and future needs through a lens of innovation, and our holistic view, specialized expertise, and deep analytical rigor underpin each and every idea and solution we offer. For more than 70 years, we’ve turned our insights into actions, enabling people around the globe to live, work, and retire well. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. At Mercer, we say we Make Tomorrow, Today. Visit www.mercer.com for more information and follow us on LinkedIn and Twitter @Mercer
Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, 401K, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: http://www.mmc.com/. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at: www.mmc.com/diversity.
Mercer LLC and its separately incorporated operating entities around the world are part of Marsh & McLennan Companies, a publicly held company (ticker symbol: MMC).
Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.