Investment Operations Accounting Intern- Saint Louis- College Program 2025

Company:Mercer

Description:

WHO WE ARE

We’re Mercer – we believe in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s more than 25,000 employees are based in 44 countries and the firm operates in over 130 countries.

THE POSITION: Investment Operations Accounting Intern

Mercer’s 2,500+ US Investment Colleagues deliver disciplined, consistent approaches, to benchmarking, data analytics, financial management, marketing, compliance and communication.  Our client focus, integrity, expertise, and innovation are why clients choose Mercer. We are committed to setting the industry standard for ethical and transparent business practices. 

Investment Operations Accounting INTERN REQUIREMENTS

• Progress towards a bachelor’s degree in Accounting, Finance, Economics, Mathematics, Business Administration or other business-related areas
• Candidates pursuing an accounting degree or with accounting exposure is desired
• Status as a currently enrolled student; candidates should have an expected graduation date in the Fall of 2025 or Spring of 2026
• Record of top academic achievement (preferred GPA 3.0/4.0)
• Legal work authorization to work in the U.S. on a permanent and ongoing basis without the need for sponsorship now or in the future is required
• Interest in the operation capacities of custodians, such as banks, trust companies and brokerage firms
• Strong analytical skills and attention to detail
• Overall good technical skills including proficiency in Microsoft Office
• Excellent written, oral, and interpersonal communication skills
• Highly self-motivated, self-directed, and attentive to detail
• Able to work in a team-oriented, collaborative environment
• Ability to multi-task
• Must be Customer Service Oriented
• Seeking a candidate local to the Saint Louis area

WHAT A TYPICAL DAY LOOKS LIKE

• Monitor clients for cash flow needs and provide back office operational support including:
• Monitoring accounts for daily inflows and outflows
• Executing trades or directing the implementation of trades
• Coordinating and reviewing accounts for cash requirements for payment of capital calls
• Provide documentation and/or requests from auditors for clients’ fiscal year end audit requirement
• Facilitate and monitor outgoing wires for accuracy and timeliness as dictated by approved investment policy and re-balancing procedures
• Prepare and/or review documents with clients for completeness and accuracy
• Assist in the management of investor subscription, redemption, and transfer procedures for private investment funds including documents, wire transfers & acceptance letters; work with consulting and client services team to ensure timely turnaround of documentation
• Communicate with investors on a variety of issues including contact information changes and requests for general information about fund operations
• Participate in the coordination of our funds’ audits and tax filings
• Participate in the preparation of investors’ K-1s
• Review and reconcile invoices prior to organizing payments

JOIN US

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients regardless of their gender expression or identity, marital or civil partnership status, ethnic origin, nationality, age, background, disability, sexual orientation or beliefs. We are proud of our inclusive culture where everyone feels empowered to bring their whole selves to work and thrive. We offer several Business Resource Groups (BRGs) that employees can participate in (MMC Pride, Rising Professionals, Racial, Ethnic & Multicultural Diversity) Learn more about our foundational values, mission and vision for the future by reviewing our Greater Good Policy.

WHAT’S NEXT?

Candidates must apply via the Mercer careers website to be considered. Please follow the link in your school career system to the posting on our website.  You will be contacted only if you are selected for a first-round interview.  The first-round interview will consist of an on-demand digital video interview through the HireVue platform.

COMPANY PROFILE

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 more than 25,000 employees are based in 44 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 76,000 colleagues and annual revenue of $17 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 on working at Mercer, visit Inclusion and Diversity | Mercer. Follow Mercer on Twitter @Mercer. For a glimpse into our culture check out our intern blog site at https://mercercampus.wordpress.com/. 

Marsh & McLennan Companies offers competitive salaries and comprehensive benefits. 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. Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.Marsh McLennan 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].