Director, Pension Investments (Hybrid - Rahway, NJ)

Job DescriptionReporting to the Assistant Treasurer, Pension Investments, the Director is responsible for strategic oversight, governance, funding, and risk management of our Company's global benefits plans. Supporting our Company's Management Pension Investments Committee (MPIC) as part of our Company's Treasury organization, the Pension Investments team provides oversight for $40B of global retirement income assets. ResponsibilitiesRecommend investment strategies for domestic defined benefit and defined contribution portfoliosSelect and monitor investment managers and external advisorsFor our Company's ex-US plans, provide guidance and drive alignment with stakeholders including local Finance and HR, trustees, consultants, and MPICPartner with HR and Benefits Finance to evaluate the impact of plan design decisions on investment strategyCollaborate with other Treasury colleagues to evaluate funding decisionsManage risks associated with the Company’s $500M deferred compensation hedging programAssess and communicate implications of market, regulatory, and industry developments to fiduciaries and broader Finance organization.EducationBA/BS degree in Finance or AccountingAdvanced degrees and/or certifications such as MBA, CFA or CPA considered a plusRequired Experience and SkillsMinimum of 8 years of Corporate Finance experienceExperience managing pension assets, selecting and overseeing investment managers, evaluating investment performance, and developing funding strategies for defined benefit and defined contribution plansUnderstanding of pension accounting, asset-liability management, and market risksAbility to work independently and accurately under time constraintsProficient in Microsoft Excel and modelingExcellent interpersonal and communication skills with the ability to build internal and external relationships#eligibleforerpRequired Skills: Annual Fund Management, Corporate Finance, Finance, Finance Strategy, Investment Management, Investment Planning, Investment Portfolios, Investments Analysis, Investment Strategies, Investor Relationship Management, Investor Relations Support, Investor Reporting, Microsoft Excel Functions, Pension Accounting, Securities Investment, Treasury ManagementPreferred Skills: Current Employees apply HERECurrent Contingent Workers apply HEREUS and Puerto Rico Residents Only:Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here if you need an accommodation during the application or hiring process.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 RightsEEOC 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 ActsThe salary range for this role is$156,900.00 - $247,000.00This 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 .You can apply for this role through (or via the Workday Jobs Hub if you are a current employee). The application deadline for this position is stated on this posting.San Francisco Residents Only: We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance OrdinanceLos 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 OrdinanceSearch Firm Representatives Please Read Carefully Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails. Employee Status: RegularRelocation:No relocationVISA Sponsorship:NoTravel Requirements:25%Flexible Work Arrangements:HybridShift:Not IndicatedValid Driving License:NoHazardous Material(s):N/AJob Posting End Date:09/19/2026*A job posting is effective until 11:59:59PM on the day BEFORE the listed job posting end date. Please ensure you apply to a job posting no later than the day BEFORE the job posting end date. SummaryLocation: USA - New Jersey - RahwayType: Full time