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 (WMC) is one of the world’s largest independent investment management firms. With over $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 nearly all segments of 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 culture of inclusivity 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.
The Fund Treasury team
The Fund Treasury team is responsible for managing and overseeing the financing platform utilized by Wellington’s sponsored hedge funds as well as sub-advisory alternatives funds with similar financing needs. The team plays a key role in advising portfolio management on how to optimize their financing costs, working with counterparties to seek out portfolio efficiency opportunities, and customizing solutions designed to meet client objectives. Additionally, the team frequently interacts with prime brokers, derivative counterparties, custodians, clients, traders, and portfolio managers.
The Position
The Global Operations Co-op will be expected to perform daily financing optimization activities across a wide breadth of fund strategies and vehicles, learning the core concepts underpinning the day-to-day financing management of a hedge fund. The Co-op will engage with a variety of teams at Wellington, as well as external partners (i.e., prime brokers), to achieve desired efficiencies on behalf of our clients. The team operates in a fast-paced environment, with priorities evolving and shifting to meet the demands of our growing alternatives business; the Co-op will receive training over their tenure on core responsibilities and be expected to actively contribute to the team.
The Co-op will be exposed to the following activities:
Analyzing margin requirements and generating reporting to Portfolio Management, ensuring accurate collateral management, identification of exposure risks, and compliance within prime brokerage risk models
Optimizing cash by reallocating funds across prime brokerage accounts to minimize portfolio financing costs, reduce idle balances, and enhance liquidity management
Building relationships with teams throughout Wellington as well as external service providers including the prime broker risk/margin teams and securities lending desks
Conceptualizing, designing, and/or developing custom reporting and analyses using industry standard tools (e.g., Python, SQL, etc.)
Working closely with other Wellington teams including Product Management, Client Service, Trading, Portfolio Management, Portfolio Services, Legal & Compliance, and Tax to develop an understanding of the intricacies of running a fund servicing platform
Qualifications
Further, the ideal candidate will possess the following qualifications:
Progression towards a degree in Finance, Economics, and/or Mathematics with a current GPA of 3.5 or above
Desire and ability to work in a dynamic, fast-paced team environment, performing multiple tasks and balancing competing priorities
Beginner/intermediary technology skills in the context of analyzing/managing large amounts of data (SQL, Tableau, Access, Python, Advanced Excel, etc.)
A natural curiosity and desire to expand one’s knowledge and role
Very strong attention to detail and organizational skills
A client service mindset and strong communication skills
High degree of integrity
Only Northeastern University students are eligible for this program.
Please note: This co-op position entails cross-training to ensure optimal performance across functions. The anticipated start date for accepted candidates is December 2026/January 2027.
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:
$19-$35 per hourThis 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
- Progression toward a degree in Finance, Economics, and/or Mathematics
- Current GPA of 3.5 or above
- Only Northeastern University students are eligible for this program
- Ability to work in a dynamic, fast-paced team environment while balancing competing priorities
- Beginner to intermediate technology skills for analyzing and managing large amounts of data, including SQL, Tableau, Access, Python, and Advanced Excel
- Curiosity and desire to expand knowledge and responsibilities
- Very strong attention to detail and organizational skills
- Client service mindset and strong communication skills
- High degree of integrity
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.
