FAQs
What does the role of an Investment Consultant at Mercer involve?
The Investment Consultant works as part of the Toronto Canada Wealth team to provide a full range of services for sponsors with defined contribution (DC) and defined benefit (DB) plans. This includes collaborating with clients to design their plans, selecting and monitoring recordkeepers, structuring investment options, and overseeing plan management.
What qualifications are necessary for the Investment Consultant position?
Candidates should have a bachelor's degree in business, finance, economics, or related areas with strong quantitative and analytical content, along with 5+ years of experience as an Associate or Consultant, experience in client relationship management, and superior communication and project management skills.
Is prior experience with defined contribution and defined benefit plans required?
Yes, experience with both defined contribution and defined benefit plans is preferred, as is familiarity with the institutional investment industry, investment concepts, and financial markets.
What personal attributes are valued in this position?
Ideal candidates should demonstrate excellent analytical skills, attention to detail, the ability to manage complex projects within short timeframes, and possess an adaptable and collaborative work style. A passion for delivering exceptional client service is also essential.
What opportunities for growth does this role offer?
The position offers meaningful, challenging work and opportunities to learn and advance in a dynamic and inclusive culture. The role may involve mentoring junior analysts and contributing to various investment-related projects.
What kind of training and support does Mercer provide to its Investment Consultants?
Mercer provides access to a wide range of learning and developmental resources to support personal and professional growth. This includes mentorship opportunities, participation in employee resource groups, and access to industry leaders.
What does Mercer offer in terms of compensation and benefits?
Mercer offers competitive pay, a full benefits package effective from Day 1 (including medical, dental, vision, etc.), generous paid time off, parental leave, tuition reimbursement, and participation in the Employee Stock Purchase Plan.
What is the work environment like at Mercer?
Mercer fosters a hybrid work environment with a culture of belonging, innovation, and collaboration, valuing diversity and recognizing employees for who they are.
Is it necessary to have any specific certifications?
While not mandatory, having CFA, ASA, or FICA certification or being on a path to certification is considered an asset for this role.
How does the role of an Investment Consultant contribute to client relationships?
The Investment Consultant acts as the primary consultant for mid-sized clients and a co-consultant for larger clients, managing client relationships, leading meetings, and identifying opportunities for improvement and recommendations to enhance their investment strategies and financial wellness.