Associate, Private Climate Investing

Wellington Management; Boston (MA); Hybrid; USD 90,000 - 180,000; Full time

Benefits offered by this job

Comprehensive benefits package

Flexible work environment

Discretionary bonuses

Health and wellbeing benefits

Job summary

A leading investment management firm in Boston is seeking an Associate for their Private Climate Investing Team. This role involves market research, financial modeling, due diligence, and drafting investment memos. Ideal candidates should have 2-4 years of experience, strong analytical skills, and a passion for climate solutions. The compensation range is competitive, reflecting the expertise required. This position offers the chance to join a collaborative team and build a solid foundation in venture capital, with opportunities for career progression.

Qualifications

• Two to four years of prior experience preferably in investment banking, consulting, or venture capital.
• Strong collaborative nature and ability to discuss and debate potential investments.
• Ability to work independently and make decisions in the face of uncertainty.

Responsibilities

• Assisting with outbound market research and company mapping activities.
• Performing due diligence on prospective portfolio companies.
• Drafting investment memos and participating in investment committee discussions.

Skills

Analytical acumen

Collaborative skills

Flexibility

Communication skills

Relationship building

Passion for climate change

Education

Undergraduate degree

Tools

AI tools for research

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

We are seeking a highly motivated and results‑driven Associate to join our Private Climate Investing Team. The Climate Innovation Fund ("CIF") is a growth‑stage fund investing in companies developing solutions that help mitigate and/or adapt to climate change, typically at the Series B‑D stage. The investment strategy spans a broad set of sectors including energy, buildings, smart cities, industrial efficiency/automation, transportation and mobility, and food and agriculture, typically with asset‑light, tech‑enabled solutions involving software, software‑enabled hardware, and data/AI.

The Associate will be involved in all aspects of the deal process and will work directly with our senior investment team to assist in the sourcing, diligence, and management of portfolio companies. The ideal candidate will be a self‑directed, hard‑working team player who is passionate about both private investing and climate. This is a great opportunity for someone looking to join an experienced team and gain the foundations of venture investing and establish a career in VC with potential to progress in Wellington’s Private Investing platform.

Essential Skills

• Analytical acumen, modeling, research – strong financial modeling skills, demonstrated analytical capabilities, eagerness to apply expertise in support of CIF. Ability to synthesize disparate information, identify key elements, and translate findings into clear, concise materials. Proven expertise in market mapping and desktop research gained through prior professional experience.
• Superior collaboration and influencing skills – self‑directed, hard‑working team player who contributes to investment efforts. Enjoys a highly collaborative environment and builds strong trusting relationships internally and externally.
• Agility and flexibility – enjoys working in a fast‑paced environment and can move seamlessly across workstreams, managing multiple projects and diligence streams simultaneously.
• Relationship building – actively engages in the climate‑tech startup ecosystem, networking with strategic contacts, attending industry events and conferences, building rapport with founders, potential co‑investors, and leadership from CIF portfolio companies.
• Excellent communication skills – clearly communicates through verbal and written materials when interacting with management teams, collaborating with partners, and drafting investment memos and other documents.
• Passion – interest and curiosity for climate change impacts, emerging technologies, and the application of technology to address global challenges.

Responsibilities

• Assisting with outbound market research and company mapping activities
• Performing due diligence on prospective portfolio companies
• Building and maintaining company financial models and other analysis on current and prospective investments
• Drafting investment memos and participating in investment committee discussions
• Attending target company management meetings and relevant industry conferences
• Assisting with quarterly and annual reporting needs for Limited Partners
• Completing complex analytical projects under tight time constraints

Other Qualifications

• Two to four years of prior experience preferably in investment banking, consulting, or venture capital; strong applicants with other relevant experience (e.g., investment management in public markets) will also be considered.
• Strong academic credentials and track record: an undergraduate degree is required.
• Strong collaborative nature, including the ability to respectfully discuss and debate the merits and risks of potential investments with colleagues.
• Ability to leverage AI tools to accelerate market, industry, and company research, summarize large data sets, and identify patterns that enhance underwriting and monitoring workflows.
• Ability to organize, manage, and prioritize time well.
• Ability to work independently and make decisions in the face of uncertainty.
• Demonstrated analytical, problem‑solving ability.
• Sound judgment, strong work ethic and highest personal and professional integrity.
• A growth mindset with the ability to receive and act on constructive feedback.
• A high degree of intellectual curiosity.
• Strong attention to detail.

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 [e-mail].

Benefits

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.

Base salary range for this position is: USD 90,000 – 180,000. This range takes into account the wide range of factors 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 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, 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 four days a week with flexibility to work remotely one 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.