Early Career Program - Research Associate, Equity Boutiques
Full Time
Boston, MA
Posted
Job description
About Us
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.
We are transitioning to a hybrid work environment where both remote work and the office play a critical role. Our vision is a future where all employees are empowered to work flexibly to drive the best outcomes for our clients. Flexible work is a mindset and a core value. Our employees are encouraged to work remotely two days a week as a standard practice and will have flexibility in terms of working hours.
About the Role
We are seeking a Research Associate for the Early Career Investor Development (ECID) program to work closely with our established Global Equity Income and Quality Equities Portfolio Management Teams. The broader team includes both US and Global mandates. In this role, you will partner with two value oriented Global Equities Portfolio managers to provide alpha generating investment ideas and to closely follow stocks held. Specifically, you will be responsible for identifying European and Asian companies and securities with strong fundamentals, favorable ESG characteristics, that are resilient dividend paying companies at attractive valuations. While the ideal candidate will be a generalist, coverage focus will depend on the experience of the incoming Research Associate.
Essential Skills
We are looking for a globally-minded, self-directed, hard-working team player who is intellectually curious, and capable of managing the demands of multiple projects at one time. The following essential skills are required for the role:
Essential Skills
We are looking for a globally-minded, self-directed, hard-working team player who is intellectually curious, and capable of managing the demands of multiple projects at one time. The following essential skills are required for the role:
- Investment acumen and passion – a passion for and understanding of the global equity markets, and a well-articulated process for researching and evaluating companies. Demonstrated ability to identify security mispricing and valuation discrepancies, make investment recommendations, and communicate findings to Portfolio Managers. The RA must exhibit a fundamental, research oriented, bottom-up approach, supported by a developing investment philosophy and process and be able to implement ideas through an analytical framework.
- Strong collaboration and influencing skills – the RA needs to be energized by being an individual contributor within a collaborative team and embracing the benefits of overlapping lines of company coverage and idea generation across the Firm. The RA will build strong trusting relationships internally with colleagues and externally with company management teams. The ability to take risk and challenge investment views is critical, as is the humility to admit mistakes and a desire to learn from others; the candidate must recognize the benefits of diverse perspectives. The ability to communicate (both verbally and in writing) action-oriented opinions clearly and with conviction, and contribute to an open investment dialogue, is important.
- Team building and integrity. The ideal candidate will have a demonstrated track record of effective teamwork either within or outside of the financial services industry. A strong work ethic will be greatly valued.
- Growth mindset – The flexibility and openness to continue learning, evolving and growing as an investor is required. The RA will have a broad market perspective and flexible investment mindset, allowing her/him to identify value creation opportunities across the cap spectrum.
Additional qualifications and characteristics include:
- A minimum of 3-5 years of relevant experience as an research associate on sell or buy-side, or in consulting.
- Strong academic credentials; CFA and/or MBA are preferred, but not required.
THE ECID PROGRAM
The ECID program develops and identifies exceptional Early Career Investors (ECIs) to help build our pipeline of talented investors. The goal of the program is to support the firm’s mission of superior investment performance. ECID participants will play a critical role in assisting experienced analysts and portfolio managers in conducting research and implementing their investment process.
By joining our team, you'll have the unique opportunity to participate in our in-house training curriculum focused on further developing your skills as an investor, inclusive of security selection and analysis with focus on building and refining accounting, financial statement analysis, financial modeling, and communication skills. Through this experience you will gain broad exposure to the investors and investment landscape at Wellington.
The ECID program develops and identifies exceptional Early Career Investors (ECIs) to help build our pipeline of talented investors. The goal of the program is to support the firm’s mission of superior investment performance. ECID participants will play a critical role in assisting experienced analysts and portfolio managers in conducting research and implementing their investment process.
By joining our team, you'll have the unique opportunity to participate in our in-house training curriculum focused on further developing your skills as an investor, inclusive of security selection and analysis with focus on building and refining accounting, financial statement analysis, financial modeling, and communication skills. Through this experience you will gain broad exposure to the investors and investment landscape at Wellington.
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.
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
r
ace, 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
GMCANINQ@wellington.com
.
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 65,000 - 150,000
This 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. Examples of our benefits include retirement plan, health and wellbeing, dental, vision, 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)
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