Client Transitions Analyst

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.

The Client Transitions Analysts (“CTA”) are members of Global Operations and are responsible for supporting the operational aspects of various client and fund transitions including new mandate fundings, terminations, all asset-in-kind flows and product/portfolio changes with an emphasis on operational risk management and control environment. 

The CTA will work closely with the Client Integration Manager, Client Group teams, Wellington Funds Group and other functional areas of the firm to ensure a consistent service model in transitioning client assets and to mitigate risk during the client transition process. 

A substantial amount of time will be devoted to both internal co-ordination and external communication; dealing with custodian banks, third party accounting agents, outsourcing providers, vendors and transition managers. Within the firm, the analyst will work closely with other teams across the firm to ensure a well-executed and risk managed transition event.

To this end, the CTA is responsible for:

• Ensuring the timely and consistent delivery of account opening documentation for new client accounts; orchestrating custodial and market openings and connectivity both internally and externally as well as coordinating the execution of asset in-kind processing
• Initiating account record set-up for new accounts and/or portfolios; reviewing and approving new account set-ups; facilitating proper use of internal trade restriction flags
• Providing assistance and training to colleagues as well as acting as global expert for account record set-ups; updating process and control checklists
• Assisting with transition manager asset-in-kind coordination and asset carve out for client flows, including creating a representative account or reviewing client accounts, reviewing asset lists for transferability, facilitating internal reviews and signoffs
• Working with Investors to create model accounts for transitions, including account set-up, legacy portfolio review, asset set-up, pricing and loading legacy assets
• Coordinating the reconciliation, moratorium review and loading of external transition management trade execution files for new or existing accounts

• Bachelor's degree with 3-5 years relevant investment industry experience 
• Exposure to investment operations and risk management environment would be preferred
• Advanced degrees, language skills, and/or progress towards the CFA designation are viewed favorably
• Must be able to work quickly and accurately under pressure, possess a high degree of analytical ability and sound business judgment
• He or she must be able to resolve complex operational issues and possess strong written and verbal communication skills
• Required to work independently as well as contribute to a cohesive team atmosphere both globally and in Boston or Needham

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: