Sr Portfolio Accounting Analyst

Wellington Management; Greater London; Hybrid; GBP 91,000 - 136,000; Full time

Benefits offered by this job

Retirement plan

Health and wellbeing

Dental coverage

Vision coverage

Flexible work arrangement

Job summary

Wellington Management in London seeks a Sr Portfolio Accounting Analyst to reconcile records with client custodians, prime brokers and agents. You will investigate differences, improve processes and maintain audit trails for complex fixed income, equity and derivative exposures.

Ideal candidates have 5–7 years in financial services, a bachelor’s degree, strong Excel skills, and comfort collaborating across a global team. The firm emphasizes equal opportunity and flexible work arrangements.

Qualifications

• Bachelor's degree required in a relevant field.
• 5–7 years in Financial Services with accounting, custody, or reconciliation experience.
• Experience working with data in Excel; SQL or Python knowledge is a plus.
• Deep understanding of accounting for fixed income and equity; derivatives and synthetic exposures knowledge helps.

Responsibilities

• Work with internal groups to identify and resolve open reconciliation items.
• Identify break patterns and propose process and control improvements.
• Use bank portals to research position, cash, and market value differences.
• Maintain concise audit trails for in-flight items.
• Analyze bank data to improve reconciliation quality.
• Guide outsourced team members on escalated issues.

Skills

Excel

SQL

Python

Attention to detail

Communication

Team collaboration

Fixed income knowledge

Derivatives knowledge

Education

Bachelor's degree

Tools

SQL

Python

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

JOB OVERVIEW

Portfolio Accounting is responsible for the integrity of Wellington’s records, including reconciliation with our client’s custodians, to ensure we can provide comprehensive, accurate and transparent information to the firm. Accounting data serves as a foundational data source for our investors, clients, and infrastructure teams who support the firm. The Senior Portfolio Accounting Analyst on the Reconciliation Team is primarily responsible for research and resolution of reconciliation items between Wellington and our client’s custodian banks, prime brokers, and accounting agents (“banks”). They possess a broad understanding of investment accounting and the drivers and root causes that lead to reconciliation differences. Attention to detail, and strong communication and investigation skills are essential to success.

RESPONSIBILITIES

Work closely with internal groups to identify and resolve open reconciliation items

Identify break patterns and opportunities for process and control improvements

Use bank portals in the research of position, cash, and market value differences

Maintain concise documentation and proper audit trail for in flight items

Analyze bank data to improve the quality of the reconciliation results

Collaborate and provide guidance to outsourced team members on escalated issues or inquiries

QUALIFICATIONS

A bachelor’s degree

5-7 years of experience in the Financial Services industry

Accounting, custody, and/or reconciliation experience

Experience working with data in Excel

SQL or Python knowledge is a plus

Deep understanding of accounting for fixed income and equity

Baseline understanding of accounting for derivatives and synthetic exposures

Inquisitive and comfortable challenging the status-quo

Demonstrated effective communication skills, and a high level of attention to detail

Comfort working across a global team

Strong interpersonal skills and experience in a collaborative, team-based, results-oriented environment

Cheerful outlook, self-motivated and willing to work in an energetic, fast paced team environment

JOB TITLE

Sr Portfolio Accounting Analyst

JOB FAMILY

InvesTech

LOCATION

London

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 considers all qualified applicants will receive 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]__.

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 90,000 - 180,000

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 salaryis 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.