Derivatives Operations Analyst

UNKNOWN; Boston (MA); Hybrid; USD 80,000 - 150,000; Full time

Benefits offered by this job

Competitive benefits

Job summary

Wellington Management seeks an Analyst to support the Derivatives Operations team handling daily collateral and margin management across futures, cleared OTC, and listed options. You will coordinate with brokers, custodians, and technology teams to ensure accurate trade capture, timely processing, and risk controls.

The role emphasizes attention to detail, with opportunities to drive process improvements and automation in a fast-paced, collaborative environment.

Qualifications

• Bachelor’s degree and strong academic record.
• 2+ years of investment operations experience.
• Knowledge of collateral, margin, or other post-trade processes a plus.
• Strong analytical, detail‑oriented and communication skills.

Responsibilities

• Review margin calls from brokers, investigate discrepancies, and issue wires to meet margin and collateral needs.
• Monitor and manage collateral requirements, including balance supervision and collateral selection.
• Perform daily control reconciliations across holdings, futures trades, collateral, and currency balances.
• Support day‑to‑day broker relationships, issue resolution, inquiries, escalation, and operational reviews.
• Serve as a resource for queries raised by clients, custodians, accounting agents, brokers, PMs, trading, and internal staff.
• Identify opportunities to improve front‑to‑back efficiency and strengthen control processes.
• Maintain documentation, procedures, and high‑quality outputs to steward risk and controls.

Skills

Excel

Python

SQL

Education

Bachelor's 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 Position

The Derivatives Operations team supports a broad range of post‑trade activities across bilateral and cleared OTC derivatives, futures, listed options, TBAs, and repo. This role is responsible for daily collateral and margin management, including margin calls, settlements, reconciliations, accounting support, lifecycle event processing, trade messaging, and operational controls in the futures, cleared, and listed options space. The Analyst partners closely with brokers, counterparties, vendors, client relationship teams, traders, and technology teams to ensure accurate trade capture, timely processing, issue resolution, and responsive client support. The role also contributes to operational improvement initiatives by identifying automation opportunities, enhancing workflows, participating in testing and implementations, and supporting efficiencies across derivatives processing and risk management activities. Success in this position requires strong attention to detail, problem‑solving skills, and the ability to manage complex, time‑sensitive responsibilities in a collaborative yet self‑directed environment.

Responsibilities

• Review margin calls from brokers, investigate discrepancies, and issue wires to meet margin and collateral needs.
• Monitor and manage collateral requirements, including balance supervision and collateral selection.
• Perform daily control reconciliations, including holdings, futures trades, collateral, and currency balances between internal accounting systems, clearing brokers, custodians, and clearing houses.
• Support day‑to‑day broker relationships, including issue resolution, inquiries, escalation, and participation in operational review meetings.
• Serve as a resource for incoming queries and issues raised by clients, custodians, accounting agents, brokers, portfolio managers, trading, and other internal stakeholders.
• Identify opportunities to improve front‑to‑back efficiency and strengthen control processes; assist in implementing necessary changes.
• Act as a steward of risk and controls by maintaining accurate documentation, procedures, and high‑quality outputs.

Qualifications

• Bachelor’s degree with a strong academic record.
• 2+ years of experience in investment operations; exchange‑traded and cleared derivatives experience preferred.
• Knowledge of collateral, margin, or other post‑trade operational processes is a plus.
• Strong analytical and problem‑solving skills with excellent attention to detail.
• Effective verbal and written communication skills, with the ability to collaborate across teams and elevate issues appropriately.
• Comfortable working in a fast‑paced environment with competing priorities and time‑sensitive deadlines.
• Ability to work independently, collaborate effectively, and demonstrate initiative in identifying process improvement opportunities.
• Proficiency in Excel; experience with Python, SQL, or other data analysis tools is a plus.

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].

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 80,000 - 150,000

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 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 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.

Tracing our history to 1928, Wellington Management is one of the world’s largest independent investment management firms.

We serve as a trusted adviser to clients in over 60 countries, visit our website to see our assets under management.

Our innovative investment solutions are built on the strength of proprietary, independent research and span nearly all segments of the global capital markets, including equity, fixed income, multi-asset, and alternative strategies.

As a private partnership whose sole business is investment management, our long‑term views and interests are aligned with those of our clients.

We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative culture of inclusivity because we believe multiple perspectives lead to more informed investment and business decisions.

As an Equal Opportunity Employer, we welcome people with diverse life experiences, fresh ideas, and specialized subject‑matter expertise.

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.

For more information, please visit https://www.wellington.com/en/