Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.
About the RoleThe Company
Tracing our roots to 1928, Wellington Management Company, LLP is one of the world’s largest independent investment management firms. With over US$1 trillion in assets under management, we serve as a trusted adviser to institutional clients and mutual fund sponsors in over 60 countries. Our innovative investment solutions are built on the strength of proprietary, independent research and span the global capital markets, including equity, fixed income, multi-asset, and alternative strategies.
As a private partnership whose sole business is investment management, our long-term views and interests are aligned with those of our clients. We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative, and inclusive culture because we believe multiple perspectives lead to more informed investment and business decisions. As an Equal Opportunity Employer, we welcome people with diverse life experiences, fresh ideas, and specialized subject-matter expertise.
Overview
As an Analyst on the Client Invoicing Team within Global Revenue Operations at Wellington, this individual will work to calculate and prepare both base and complex performance fee invoices for a wide array of Wellington’s global clients. The individual will field a variety of revenue-related questions from both internal and external clients in a timely and accurate manner. This role has a high-level of interaction with Client Group and Investment Product Management at Wellington and direct contact with external clients to resolve any invoicing questions that may arise.
Responsibilities
- Using a variety of data and applications, process and review management fee invoices and supporting documents related to the calculation of both base and performance/variable fees including their applicable taxes.
- Review potential nonstandard fee agreements before they are onboarded.
- Analyze and edit contractual fee methodologies, including collaborating with Client Group and Investment Product Management and suggesting fee calculation treatments that result in equitable treatment to all parties involved.
- Consult with stakeholders on both existing and prospective Most Favored Nation clients and their impact to Wellington’s book of business.
- Grow into becoming the Subject Matter Expert for one of the team’s various Practice Areas. Handle all administrative responsibilities of that area and be the go-to resource for the rest of the team when there are related challenges or questions. Examples of such practice areas are MFNs, Unit Redemption Processing, Market Values, New Account Setup, Reconciliation of Amendments and Invoices, and more.
- Complete ad hoc requests from internal and external stakeholders.
- Assist in the compilation of data for System and Organization Controls audit requests.
- Assist with the testing of application enhancements.
- Train and manage co-op as assigned.
- Review and approve the set-up of new accounts on the invoicing application to ensure accuracy.
- Document procedures for use by current and future team members.
- Brainstorm and execute process improvement projects.
Qualifications
- A college graduate with one to five years of previous related work experience is desirable
- Ability to multi-task, problem-solve, and balance competing priorities in a challenging and fast-paced environment
- Strong mathematical skills, business acumen, and interest in the markets are essential
- Proficiency in Microsoft Excel and ability to learn a handful of proprietary applications
- Excellent written and verbal communication skills
- Strong organizational skills and attention to detail
- Willingness and enthusiasm to learn responsibilities on the job and grow by taking on more complex assignments
Not sure you meet 100% of our qualifications? That’s ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.
As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at [email protected].
At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry. We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is:
USD 80,000 - 150,000This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.
Base salary is only one component of Wellington’s total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)
We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.
Skills Required
- Bachelor's degree in Finance, Accounting, or a related field
- 2-4 years of relevant experience
- Advanced experience with Microsoft Excel and Word
- Analytical aptitude with strong attention to detail
- Experience with performance model building (revenue forecasting, fee modeling, scenario analysis)
- Proven track record of identifying and implementing process improvements and system enhancements
- Excellent written and verbal communication skills
- Highly self-motivated with the ability to manage multiple priorities
- Exposure to data visualization and workflow tools such as Power BI, Tableau, and emerging AI tools
Wellington Management Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Wellington Management and has not been reviewed or approved by Wellington Management.
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Retirement Support — Employer-funded retirement contributions and profit-sharing are frequently highlighted as standout elements of the package. The retirement program is often described as unusually strong and a major pillar of total rewards.
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Healthcare Strength — Medical, dental, vision, and related coverage are characterized as comprehensive and well-regarded. Core health benefits are seen as a meaningful contributor to overall satisfaction.
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Parental & Family Support — Parental leave and family supports are described as generous compared to common U.S. norms. Exact durations can vary by location or role, but family-related time off is consistently called out as a strength.
Wellington Management Insights
What We Do
For almost 100 years, we have chosen to do things differently, including the way we structure our ownership model, organization, and investment platform. Critically, we know that the best investment ideas are found when a diverse workforce is encouraged to bring forward unique perspectives. Wellington Management is one of the world’s largest independent investment management firms, serving as a trusted adviser to over 2,400 clients in more than 60 countries. We manage more than US$1 trillion for pensions, endowments and foundations, insurers, family offices, fund sponsors, global wealth managers, and other clients. We offer comprehensive investment management capabilities that span nearly all segments of the global capital markets, including global equity, fixed income, currency, commodity, alternatives, and private markets. Leveraging more than 900 investment professionals located in offices around the world, we combine independent insights across asset classes, skill sets, and investment disciplines to uncover ideas for our clients, because we believe collaboration is a rare, repeatable competitive edge. This independent structure and collegial culture are two of the main reasons investment professionals join Wellington Management — and stay for their entire careers. For current open opportunities, please visit www.wellington.com/joinus We are an equal opportunity employer and are committed to having a diverse workforce. Please visit http://www.wellington.com to learn more about our firm. Important disclosure: https://www.wellington.com/en/important-disclosure Wellington will not send unsolicited communications and investment opportunities initiated through social media platforms. Wellington does not perform business transactions, payment requests, or direct interactions through social media platforms. Please visit https://www.wellington.com/en/legal/privacy-notice for more information.
