Global Operations Co Op

The Company

Tracing our roots to 1928 Wellington Management Company LLP (WMC) is one of the worlds 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 Wellingtons 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 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 ones 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.