Client Transitions Analyst

Wellington Management Company; Boston (MA); Hybrid; USD 80,000 - 150,000; Full time

Benefits offered by this job

Comprehensive benefits package

Flexible work environment

Tuition/CFA reimbursement

Job summary

Wellington Management Company in Boston is seeking a Client Transitions Analyst to support various client and fund transitions, focusing on operational risk management. You will work closely with internal teams and external partners to mitigate risks during transitions.

The ideal candidate will have a Bachelor’s degree and 3-5 years of relevant investment industry experience. Responsibilities include coordinating documentation for new client accounts and assisting with asset-in-kind processing.

Qualifications

• 3-5 years of relevant investment industry experience.
• Exposure to investment operations and risk management preferred.
• Must work independently and in a team.

Responsibilities

• Ensure timely delivery of account opening documentation.
• Coordinate asset-in-kind processing.
• Assist with transition manager coordination.

Skills

Investment industry experience

Analytical ability

Communication skills

Problem-solving

Education

Bachelor’s degree

Job description

About the Role

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 works 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 coordination and external communication; dealing with custodian banks, third‑party accounting agents, outsourcing providers, vendors and transition managers.

Responsibilities

• 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 carving out for client flows, including creating a representative account or reviewing client accounts, reviewing asset lists for transferability, facilitating internal reviews and sign‑offs.
• Working with investors to create model accounts for transitions, including account set‑up, legacy portfolio review, asset set‑up, pricing and loading of legacy assets.
• Coordinating the reconciliation, moratorium review and loading of external transition‑management trade execution files for new or existing accounts.

Qualifications

• 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 toward 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.
• 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.

Compensation

Base salary range: USD80,000–150,000. Compensation may include variable components and discretionary bonuses. Other rewards may include a corporate bonus and/or incentives for eligible employees.

Benefits

The company offers a comprehensive benefit package that includes retirement plan, health and wellness, dental, vision, pharmacy coverage, health savings account, flexible spending accounts, commuter program, employee assistance program, life and disability insurance, adoption assistance, backup childcare, tuition/CFA reimbursement, and paid time off (including leave of absence, paid holidays, volunteer time, sick and vacation time). The firm encourages a flexible work environment with employees working from the office four days a week and the option to work remotely one day a week.

Equal Opportunity Employer

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].