Investment Risk Analyst, Fixed Income

Wellington Management; Greater London; On-site; GBP 66,332 - 132,665; Full time

Benefits offered by this job

Comprehensive benefits package

Flexible work environment

Corporate Bonus and/or Incentives

Job summary

Wellington Management is looking for a Risk Analyst in Fixed Income to support investment teams in London. The successful candidate will leverage risk modeling tools to enhance engagement with portfolio management teams. Responsibilities include collaborating with Risk Strategists, conducting analyses, and ensuring accurate risk reporting. Ideal qualifications include a post-graduate degree in a quantitative field and a minimum of 3 years in risk management. The base salary for this role ranges from USD 90,000 to 180,000, alongside a comprehensive benefits package.

Qualifications

• 3+ years' experience in risk management within long only or benchmark-relative fixed-income portfolios.
• Demonstrable knowledge of fixed-income derivatives.
• Experience with structured fixed-income products such as MBS or CLO products is a plus.

Responsibilities

• Interact directly with portfolio management teams alongside Risk Strategists.
• Conduct ad hoc research and analysis to address investor questions.
• Engage daily with Risk Strategists for risk measurement and reporting.

Skills

Analytical foundation

Organizational skills

Ability to learn new analytical applications

SQL

Python

Risk modeling

Data visualization tools

Education

Post-graduate degree in a quantitative field

FRM/CFA/CAIA preferred

Tools

Mathematical packages

R

Matlab

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.

About the Role

The Risk Analyst, Fixed Income position is part of the global investment risk function for Wellington and sits within the firm's Global Risk and Performance Strategy (GPS) department. The primary focus of GPS is leading Wellington Management's portfolio oversight, risk measurement, and security analytics processes across our broad multi‑asset, hedge fund, equity, fixed‑income and research strategies.

The Risk Analyst will work with our fixed income investment teams across the Americas, Europe and Asia, helping them use quantitative tools to inform their portfolio construction and investment processes.

The Risk Analyst will engage closely with Risk Strategists and the portfolio teams they cover to better understand their investment processes and the investment risks inherent to those processes. A successful Risk Analyst will leverage Wellington's risk modeling and analysis platform to enhance the engagement of the Risk Strategists with the Portfolio Management teams, continually work to enhance the risk platform itself, and create or enhance clear, engaging reporting that emphasizes material portfolio risk sources from a variety of angles while ensuring accuracy and relevance to the portfolio processes covered.

Responsibilities

• Interact directly with portfolio management teams alongside Risk Strategists, providing complementary insights and constructive challenge to investors on their investment theses and portfolio composition to support superior risk‑adjusted outcomes.
• Take increasing levels of responsibility for key aspects of assigned risk engagements, proactively and creatively enhancing these engagements by leveraging unique insights from the Risk Analyst's experience and input from senior risk professionals.
• Conduct ad hoc research and analysis to address investor questions and support the engagements of Risk Management.
• Engage daily with Risk Strategists and investment professionals to ensure transparent measurement and reporting of risks in portfolios, ensuring dashboard, reports, or other shared tools are accurate and timely, and escalating concerns appropriately.
• Partner with Line Management and Investment Products and Fund Strategies colleagues to ensure the firm's fiduciary needs on investment risk are met.
• Participate actively in Risk Meetings with Portfolio Strategists, group meetings within Global Risk and Performance Strategy, and other dialogues on market and portfolio risk insights, risk concerns and measurements.
• Actively engage in enhancing the Risk reporting infrastructure, including design of exhibits and reports to support the risk oversight process.

Qualifications

The ideal candidate will have a solid analytical foundation coupled with analytical curiosity, strong organizational skills, passion for financial markets, be motivated by a team environment, and have the ability to learn about new analytical applications and investment products. Experience working with technology resources on implementation, particularly when combining risk concepts with data analysis, is essential. Demonstrated capability to work independently with primary data in mathematical packages is key, with experience in SQL and Python highly preferred (although other tools such as R or Matlab are also acceptable). Specific skills with risk models and/or data visualization tools are considered a plus. Experience in analysis of corporate credit, structured credit, or agency mortgage risk would be favorably considered.

• 3+ years' experience in risk management within long only or benchmark‑relative fixed‑income or multi‑asset portfolios, gained on the Buy‑side, Sell‑side or Consultancy.
• Proven ability to partner with investment talent effectively.
• Ability to manage multiple tasks, prioritize effectively, meet deadlines, and deliver high‑quality, accurate work in a fast‑paced business.
• Demonstrable fixed‑income derivatives knowledge.
• Experience with structured fixed‑income products such as MBS or CLO products would be considered a plus.
• Prior experience in Risk Management roles is desirable but demonstrated quantitative or programming expertise coupled with front‑office experience such as trading, credit analysis, or portfolio management support positions would be considered.
• Strong academic credentials: post‑graduate degree in a quantitative field and/or FRM/CFA/CAIA preferred.

Location

The Risk Analyst, Fixed Income, will be based in Wellington's Global Headquarters in Boston, MA. Candidates located in London, UK who are available to operate at our offices there will also be considered.

Equal Opportunity

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 [e-mail].

Compensation and Benefits

Base salary range for this position: USD 90,000 - 180,000.

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. 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. 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. This approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.