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Marsh McLennan

Operations Analyst

London
Posted about 16 hours ago
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Company: Mercer

Description: Operations Analyst

We are recruiting for an Investment Operations Analyst to work in the MRML DIU Valuations and Performance Analytics Team.

This is a hybrid role requiring you to work three office-based days a week.

The role focuses on producing accurate internal fund valuations for use within the DIU. The team covers various fund types (Credit, Fixed-Income, LDI, Multi-Asset, CCF) and we work closely with Portfolio Managers as our valuation data is used for portfolio management, trade-sizing and rebalancing. Our valuations are additionally used to control and oversee Administrator valuations, external managers and for performance reporting.

We will count on you to:

  • Produce valuations: Accurate and timely delivery is fundamental to allow portfolio managers to trade.
  • Understand a wide variety of instruments: We value a multitude of instruments including, but not limited to: Fixed Income, Listed Futures and Options, OTC Swaps, FX Forwards, Hedge Funds & UCITs, Private Equity.
  • Validate Performance Contribution: Instrument level performance contribution and relative contribution. We need to be comfortable explaining performance to Portfolio Managers and external parties.
  • Oversee Fund Administrators: The accuracy of our internal data is crucial to oversee and sign-off on the Administrator fund valuations and NAVs as official books and records for our clients.
  • Work as part of a team: processes are rotated across the team according to capacity and we need to be able to work dynamically as part of a team to meet our deliverables.

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Strong

Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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What you need to have:

  • Affinity with Investments. You do not need expertise & experience in all financial instruments listed above, but a desire to learn is important.
  • Experience in a middle/back office role of an asset or risk manager, custodian or fund administrator.
  • Strong communication skills (verbal, written and interpersonal)
  • Energy and enthusiasm.
  • Intermediate to strong knowledge of Excel.
  • Organisational skills and a calm and logical approach to meeting multiple deadlines.

Why join our team:

  • To be part of a fast-growing and ever-changing part of the Mercer business. The DIU is expected to continue to increase AUM significantly in the coming years.
  • Exposure to a wide variety of instruments and fund types and an opportunity to work closely with Portfolio Managers.
  • Exposure to large-scale projects: such as the coming migration to CRIMS and a standardised IBOR across the business.

Mercer is a business of Marsh (NYSE: MRSH), 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 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Mercer, visit mercer.com, or follow us on LinkedIn and X.

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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, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at reasonableaccommodations@marsh.com.

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.

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Skills

Fund Valuations
Performance Analytics
Fixed Income
OTC Swaps
FX Forwards
Private Equity
Excel
Communication Skills
Organizational Skills
Portfolio Management
NAV Oversight
Risk Management

Location

London, England, United Kingdom

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