Associate Director, Pension Investments; Hybrid - Rahway, NJ

Position Description

Reporting to the Assistant Treasurer, Pension Investments, the Associate Director, Pension Investments will assist in the management of over $40 billion in global pension and benefits trust investments.

• Investment manager selection
• Evaluating new asset classes and/or investment opportunities
• Analyzing and communicating investment manager performance and compliance with investment guidelines
• Performing and evaluating asset/liability modeling studies
• Overseeing our Company Foundation investment portfolio
• Serving as a key contact for custodian relationships

Minimum: BA/BS degree preferably in Finance or Accounting

• Minimum of 4 years of Corporate Finance experience
• Ability to work independently and accurately under time constraints
• Proficient in Microsoft Excel and modeling
• Able to communicate effectively both verbally and in writing

• Excellent interpersonal skills with the ability to build internal and external relationships
• Advanced degrees and/or certifications such as MBA, CFA or CPA
• Understanding of investments, portfolio theory and statistics
• Familiarity with pension accounting and asset-liability management

• Annual Fund Management
• Corporate Finance
• Investment Management
• Investment Portfolios
• Investor Relationship Management
• Relationship Management
• Treasury Management

Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities.

As an Equal Employment Opportunity Employer, we provide equal opportunities to all employees and applicants for employment and prohibit discrimination on the basis of race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or other applicable legally protected characteristics.

As a federal contractor, we comply with all affirmative action requirements for protected veterans and individuals with disabilities.

For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit: EEOC Know Your Rights EEOC GINA Supplement We are proud to be a company that embraces the value of bringing together, talented, and committed people with diverse experiences, perspectives, skills and backgrounds. The fastest way to breakthrough innovation is when people with diverse ideas, broad experiences, backgrounds, and skills come together in an inclusive environment.

We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively. Learn more about your rights, including under California, Colorado and other US State Acts

The salary range for this role is $ - $ This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. An employee’s position within the salary range will be based on several factors including, but not limited to relevant education, qualifications, certifications, experience, skills, geographic location, government requirements, and business or organizational needs.

The successful candidate will be eligible for annual bonus and long-term incentive, if applicable.

We offer a comprehensive package of benefits. Available benefits include medical, dental, vision healthcare and other insurance benefits (for employee and family), retirement benefits, including 401(k), paid holidays, vacation, and compassionate and sick days. More information about benefits is available at

US and Puerto Rico Residents Only:

San Francisco Residents Only:
We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance.

Los Angeles Residents Only:
We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.

Merck & Co., Inc., Rahway, NJ, USA, also known as Merck…