Associate, Private Climate Investing

CFA Institute; New York (NY); Hybrid; USD 90,000 - 180,000; Full time

Job summary

CFA Institute is seeking a motivated Associate to join the Climate Innovation Fund in New York. This role involves market research, due diligence on portfolio companies, and financial modeling. Ideal candidates will have 2-4 years of experience in investment banking or consulting and possess strong analytical, collaboration, and communication skills. This position offers a competitive salary range of USD 90,000 - 180,000. Notably, the team fosters a collaborative environment and embraces growth in venture investing.

Qualifications

• Two to four years of prior experience in investment banking, consulting, or venture capital.
• Strong academic credentials with an undergraduate degree.
• Ability to work independently and make decisions.

Responsibilities

• Assisting with outbound market research and company mapping.
• Performing due diligence on prospective portfolio companies.
• Building and maintaining company financial models.

Skills

Analytical acumen

Collaboration skills

Agility and flexibility

Relationship building

Excellent communication skills

Passion for climate change

Education

Undergraduate degree

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 -The ideal candidate will have strong financial modeling skills and demonstrated analytical capabilities and an eagerness to apply their expertise in support of CIF. The ability to synthesize disparate information during the diligence process, identify the most important elements, and translate findings into clear and concise materials is required. Proven expertise in market mapping and desktop research gained through prior professional experience.
• Superior collaboration and influencing skills - The Associate will be a self‑directed, hard‑working team player, who contributes to the investment efforts of the CIF Investing team. The successful candidate will enjoy contributing to a highly collaborative investment environment and will build strong trusting relationships internally with colleagues across the Private Investing, Investment Research and Climate Research teams, as well as externally with portfolio companies and co‑investors.
• Agility and flexibility - The Associate should enjoy working in a fast‑paced environment and will need the ability to move seamlessly across workstreams, managing multiple projects and diligence streams simultaneously.
• Relationship building - Interest and desire to actively engage in the climate tech startup ecosystem, including networking with strategic contacts, attending industry events and conferences, building a rapport with founders, potential co‑investors and engaging with leadership from CIF portfolio companies.
• Excellent communication skills - The ability to clearly communicate through verbal and written materials is critical when interacting with management teams, collaborating with internal and external partners, and drafting investment memos and other documents.
• Passion - The Associate will have an interest and curiosity for climate change impacts, as well as in emerging technologies and the application of technology to address global challenges.

Responsibilities

Responsibilities for this position will include the following:

• 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
• Assist 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].

The base salary range for this position is USD 90,000 - 180,000.

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.