Marsh & McLennan - Director - Data Management - Investment Banking/Asset Management Domain

We are seeking a talented individual to join our Data Management team at Wealth Investments Mercer. This role will be based in Mumbai. This is a hybrid role that has a requirement of working at least three days a week in the office.

Director - Data Management

We are looking for a dynamic and entrepreneurial leader to establish and lead a brand-new Data Team with a significant mandate to support our business in all critical processes. This role is ideal for a visionary with a tech-first mindset who can blend people, process, and technology to deliver high-impact, pragmatic solutions that directly drive business value. The position will partner closely with the Global Head of Data and the Global Data Team and business stakeholders, enabling day-to-day operational excellence while innovating to meet evolving needs.

The ideal candidate will think and act like a business owner focusing on ROI, mitigating risks, and ensuring value delivery. They will have deep expertise in the Investment Domain and a proven track record in managing data analysts, implementing robust data management practices, and delivering creative solutions that scale

We will count on you to:

Strategic Leadership

- Establish and lead a high-performing Data Team from the ground up, instilling a culture of accountability and excellence.

- Develop and execute a data strategy that aligns with business priorities and delivers measurable impact.

- Serve as a trusted partner working with the Global Data team, senior business leaders, anticipating needs and proactively offering solutions.

Solution Delivery

- Design and deliver pragmatic, scalable solutions leveraging a balanced mix of people, processes, and technology.

- Collaborate with technology teams to build both tactical and strategic solutions ranging from quick-win tools to enterprise-scale platforms.

- Oversee data pipelines, sourcing, and management for investment advisory and OCIO business areas, ensuring timely, accurate, and high-quality data delivery.

- Introduce and oversee a lightweight development capability to quickly design and deploy targeted end-user solutions, using low-code, no-code, and scripting tools.

Data Management Excellence

- Design, implement, and mature core data management practices across governance, quality, lineage, metadata, and stewardship.

- Establish policies, standards, and controls to ensure data is accurate, consistent, and fit for purpose across the investment lifecycle.

- Implement data quality monitoring and remediation processes, ensuring issues are proactively identified and addressed.

Business Partnership & Communication

- Act as the voice of the data team, effectively communicating the teams value and impact to business leaders.

- Present data-driven recommendations to influence strategic decisions

What you need to have:

- 12+ years of experience in Information Systems Management, or a related discipline with a focus on domain i.e. Investment Banking/Asset Management (Middle Office/Back office).

- Familiarity with designing data models and defining data architecture schema for Investment Banking or Asset Management purposes.

- Proficiency in data processing and working with data warehouse/big data environments relevant to Investment Banking or Asset Management.

- Excellent skillset in Reference Database Management System (RDBMS) to ingest, maintain and distribute data for Equity, Fixed Income, Alternatives and other Asset Classes.

- Proficiency identifying process flow mapping and process redesigning specifically for Investment Banking or Asset Management data.

- Proficiency in project management tools such as Jira Kanban and Confluence or similar tool is plus.

- Experience in business process improvement, including conducting data investigations to determine the root cause of data issues.

- Familiarity with ETL tools for efficiently and accurately importing new data from various external/internal sources, as well as data sourcing and data mapping specifically to Investment data.

- Good analytical and technical abilities as the role would involve ability to spot anomalies and create processes to put control on them.

- Good communication skills to ensure issues clearly identified and explained to various interested stakeholders.

- Ability to work collaboratively with multi-disciplinary and global teams to ensure goals are met

What makes you stand out?

- Experience and/or familiarity in no-code, low-code solutions and latest AI-based coding tools

- Knowledge and experience gained in implementing financial data solutions such as S&P EDM, Alpha Data Platform, and/or FactSet.

- Industry qualifications - CFA or CIPM or DAMA

- Demonstrated willingness to support and mentor colleagues

- Demonstrated experience in taking a hands-on approach working closely with the team and colleagues to design, develop and implement data solutions

- Excellent communication skills working closely with colleagues at all levels

- Experience of business process improvement in asset management for example, performing data investigations to determine root cause of data quality issues.

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, 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, caste, 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.

Marsh McLennan 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 McLennan 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.