Investments Counsel - Funds and Regulatory Specialist

At Marsh McLennan and Mercer, we’re creating a culture where you can bring your authentic self to work. When you join us, you bring your inclusive energy and enthusiasm to a team that values you personally and professionally – regardless of who you are, what you look like, where you were raised or born, who you love or what your religious beliefs are. You are welcome here.

Mercer Investments, a Marsh McLennan business, is a global provider of multi-manager investments solutions. In the US, Mercer provides investment management services, overseeing the asset allocation, investment decisions, rebalancing and investment monitoring of client portfolios through its “outsourced chief investment officer” (or “OCIO”) business, as well as its multi-manager and fund-of-funds offerings, including registered mutual funds, bank-maintained collective investment vehicles, and private funds.

Mercer Investments LLC is seeking candidates for the following position based out of the Boston (preferred) or New York office:

Investments Counsel - Funds and Regulatory Specialist

What can you expect?

• Opportunity to provide strategic and tactical legal advice supporting Mercer’s investment management and investment consulting businesses in the US;
• The position will have a primary focus on regulatory matters under ERISA, the Investment Advisers Act, and the Investment Company Act that impact Mercer’s service offerings and investment funds;
• Collaboration with business, operations and legal and compliance colleagues;
• If you are a critical thinker and strong communicator who is looking for an opportunity to apply your legal skills to make an impact and support a growing business, we would like to hear from you.

What is in it for you?

• Marsh McLennan and Mercer offer competitive employee benefits and a thriving culture so that you can bring your authentic self to work;
• A company with a strong brand and strong results to match;
• Culture of internal mobility, collaboration and valued partnership with HR from the business;
• Employee Resource Groups which provide connections to leaders, relevant volunteer and mentoring opportunities, and interactions with counterparts in industry groups and client organizations;
• Competitive pay (salary and bonus potential);
• Full benefits package – starting day one: medical, dental, vision, retirement and savings program, disability benefits, insurance coverage, opportunity to participate in our Employee Stock Purchase Plan, etc. (regional specificity required);
• Generous Parental Leave and education support policy;
• Robust vacation, personal days, and paid time off to give back to your community.

We will count on you to:

• Advise on the day-to-day operation of Mercer’s manager-of-managers and fund-of-funds products, specifically our ERISA collective investment trust funds and registered mutual funds;
• Advise on regulatory obligations applicable to Mercer’s services and offerings under ERISA, Investment Advisers Act, Investment Company Act and New Hampshire state trust company regulations;
• Support Mercer’s pooled employer plan and similar offerings;
• Manage new product launches and advise on fund structure and design;
• Draft prospectus, SAI, shareholder reports, and similar disclosure document updates;
• Demonstrate strong written and oral communication skills and exercise sound judgment.

What you need to have:

• JD from a US accredited law school and license to practice, in good standing, in at least one of the fifty states;
• 3 + years of experience, either at a law firm in the ERISA or investment management practice, and/or in-house at a financial services firm servicing ERISA institutional clients and/or collective investment trusts;
• Knowledge of, and experience advising on, ERISA, the Investment Advisers Act, and/or the Investment Company Act.

What makes you stand out:

• Experience with Office of Comptroller of the Currency (OCC)- or state-regulated collective investment trusts;
• Experience advising manager-of-managers and fund-of-funds firms;
• Willingness to bring fresh perspective and ideas while contributing to a collegial team setting!

Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s approximately 25,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with 85,000 colleagues and annual revenue of over $20 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit mercer.com. Follow Mercer on LinkedIn and Twitter.

Marsh McLennan and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

The applicable base salary range for this role is $101,700 to $203,500.

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.