Hedge Fund Co-op

Wellington Management; Boston (MA); On-site; USD 26,000 - 48,000; Full time

Benefits offered by this job

Retirement plan

Health and wellbeing benefits

Dental, vision, pharmacy coverage

Commuter program

Paid time off

Job summary

Wellington Management seeks a Hedge Fund Co-op to support the Hedge Fund Group’s strategy and day-to-day operations. You will engage in business planning, reporting, and process improvements across Equity Long/Short, Macro, and Credit strategies.

The role offers exposure to business management, strategy, and the investment process lifecycle within a leading investment firm. Northeastern students are eligible for this program.

Qualifications

• Strong academic track record
• Creative and pragmatic problem solver with ability to frame issues, identify important points, synthesize, and draw conclusions
• Effective verbal and written communication skills
• Strong work ethic and attention to detail
• Interest in financial markets, investing, and business strategy
• Independence of thought, intellectual curiosity, and an entrepreneurial nature
• Only Northeastern University students are eligible for this program.

Responsibilities

• Support annual business planning and strategic initiatives for the Hedge Fund Group
• Develop management reporting and business performance metrics
• Analyze operational workflows and identify process-improvement opportunities
• Support AI-enabled productivity initiatives and adoption across the platform
• Prepare materials for management discussions and strategic reviews

Skills

Intellectually curious

Analytical thinking

Data-driven

Verbal and written communication

Strong work ethic

Attention to detail

Interest in financial markets

Independence of thought

Entrepreneurial mindset

Job description

WELLINGTON MANAGEMENT

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 50 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.

THE COMPANY

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.

POSITION

Wellington currently manages approximately $35 billion in alternative assets worldwide. Our investment ecosystem and scale allow alternative investors to partner with world‑class investment research experts across fundamental equity, credit, fiscal/monetary economics, derivatives, rates, risk, data science, climate, sustainability, and many others. Our investment dialogue promotes collaborative discussions on securities from diverse perspectives; the freedom to disagree and to make independent decisions on behalf of our clients is core to our culture.

Within our Alternatives platform, we are seeking a Co Op to join our Wellington Hedge Fund Group, specifically to support the Management Team in executing on the group’s strategy and day-to-day operations. Wellington’s Hedge Fund is comprised of the following strategies – Equity Long/Short, Macro, and Credit. The Co Op will work on strategic projects helping to optimize operations, scale processes, and support the Hedge Fund group’s growth. The Co Op will be exposed to business management, business strategy, and the investment process lifecycle.

A sample of projects and responsibilities may include:

• Support annual business planning and strategic initiatives for the Hedge Fund Group
• Develop management reporting and business performance metrics
• Analyze operational workflows and identify process-improvement opportunities
• Support AI-enabled productivity initiatives and adoption across the platform
• Prepare materials for management discussions and strategic reviews

ESSENTIAL SKILLS

• We seek candidates who are intellectually curious, analytically rigorous, and energized by solving complex business problems. Successful candidates will be comfortable working with data, navigating ambiguity, and collaborating across diverse teams. The ideal candidate has a strong interest in financial markets and an enthusiasm for understanding how an investment business operates and scales. They bring sound judgment, a proactive mindset, and the ability to balance strategic thinking with thoughtful execution. A positive, collegial attitude and high level of professionalism are essential, as is the ability to thrive in a fast-paced, team-oriented environment.

QUALIFICTIONS

Additional qualifications and characteristics include:

• Strong academic track record
• Creative and pragmatic problem solver with ability to frame issues, identify important points, synthesize, and draw conclusions
• Effective verbal and written communication skills
• Strong work ethic and attention to detail
• Interest in financial markets, investing, and business strategy
• Independence of thought, intellectual curiosity, and an entrepreneurial nature

Only Northeastern University students are eligible for this program.

JOB TITLE

Hedge Fund Co-op

LOCATION

280 Congress

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:

$19-$35 per hour

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.