Senior Portfolio Manager

Posted:
3/27/2026, 5:12:39 AM

Location(s):
Buffalo, New York, United States ⋅ New York, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Business & Strategy ⋅ Finance & Banking

Workplace Type:
Hybrid

Company:

Mercer

Description:

We are seeking a talented individual to join our Direct Investment Unit (DIU) Credit team at Mercer Investments. This role will be based in New York. This is a hybrid role that has a requirement of working at least three days a week in the office.

As a US Senior Credit Portfolio Manager and Analyst, you will manage directly held bonds in diversified low alpha, buy-and-maintain, and passive investment grade credit portfolios. You will work closely with your Credit Team colleagues in New York and across our U.S. and European offices, operating under the overall DIU Credit Team approach and process. This role requires deep expertise in credit markets, investment process design, and risk management, with responsibilities including portfolio construction, fundamental credit analysis, and mentoring junior team members.

We will count on you to:

  • Oversee portfolio construction, balancing sector, rating band, and issuer selection with robust risk management frameworks for US credit portfolios

  • Perform relative value assessments across a global investment grade corporate bond universe

  • Interpret macroeconomic and geopolitical developments to inform top-down sector and issuer positioning

  • Perform fundamental credit analysis on corporate issuers across sectors and geographies, owning recommendations to the DIU Credit Committee and portfolio performance

  • Develop and present investment ideas to the broader DIU Credit team and other stakeholders

  • Drive innovation in investment processes and tooling for credit strategies

  • Ensure accurate and compliant trade execution in collaboration with trading teams

  • Monitor portfolio performance and provide clear insights

  • Cultivate relationships with external investment professionals, counterparties, and research providers

  • Partner with Marketing to develop high-quality portfolio presentations and materials

  • Represent the firm in client meetings, articulating strategy, performance, and market outlook

  • Identify and contribute to new product and fund development opportunities

  • Collaborate cross-functionally with internal departments to support strategic initiatives

  • Provide mentorship and guidance to junior portfolio managers and analysts

What you need to have:

  • Bachelor or master’s degree in Finance, Economics, or a related discipline

  • Over 15 years of experience managing credit portfolios, with a strong track record relative to defined performance targets; preference for experience managing low turnover/low tracking error fundamentally-driven low alpha portfolios

  • Advanced proficiency in Microsoft Excel and Bloomberg; experience with Python and Power BI is a plus

What makes you stand out:

  • CFA Charterholder designation

  • Technical skills including Python and Power BI

  • Strategic thinker with strong leadership and communication skills and an entrepreneurial mindset

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.

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.

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 [email protected].

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 $224,000 to $336,000.

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.