Principal, Business Analyst

Wellington Management; Boston (MA); On-site; USD 120,000 - 225,000; Full time

Benefits offered by this job

Retirement plan

Health and wellbeing benefits

CFA reimbursement

Paid time off

Job summary

Wellington Management is seeking a Principal Business Analyst in Boston to lead the evolution of their risk platform. This role focuses on enhancing risk modeling and reporting capabilities, requiring a strong background in risk management and financial services and collaboration across various teams.

With a minimum of 10 years’ experience desired, candidates should possess strong analytical skills, a bachelor's degree, and familiarity with SQL and Python. The position offers a competitive salary and comprehensive benefits.

Qualifications

• Minimum 10 years’ experience as a business systems analyst in financial services.
• Practical understanding of financial instruments including stocks, bonds, and derivatives.
• Strong knowledge of fixed income risk analytics.

Responsibilities

• Lead business analyst for the risk platform focused on modeling and reporting.
• Translate risk methodologies into functional requirements.
• Enhance risk data quality and system robustness.

Skills

Risk management

Analytical skills

Communication skills

SQL

Problem-solving

Relationship building

Education

Bachelor’s degree

Tools

Python

Java

Risk analytics platforms

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.

Overview

Title: Principal Business Analyst
Team: Risk Technology
Location: Boston

The Risk Technology team is responsible for delivering and supporting mission‑critical platforms that enable Wellington’s Fixed Income investors and the Global Risk & Analytics team to assess, manage, and monitor portfolio risk across a wide range of asset classes. Our flagship risk system supports complex risk modeling, valuation, and scenario analysis, and is central to the firm’s risk oversight and decision‑making processes.

We are seeking a Principal Business Analyst to drive the evolution and support of this platform. This role requires deep domain expertise in risk management, along with strong analytical and communication skills. The successful candidate will work closely with quantitative analysts, developers, and investment professionals to ensure the platform meets the evolving needs of the business, regulatory requirements, and industry best practices.

Responsibilities

• Act as the lead business analyst for the risk platform, with a focus on risk modeling, valuation, and reporting capabilities.
• Partner with the Global Risk & Analytics team to understand risk methodologies and translate them into functional and technical requirements.
• Lead initiatives to enhance risk data quality, model transparency, and system robustness.
• Collaborate with technology teams to ensure timely and accurate delivery of risk‑related features and enhancements.
• Support production systems and act as a subject matter expert for risk‑related inquiries and issue resolution.
• Coordinate with internal stakeholders and external vendors during testing, validation, and implementation phases.
• Maintain comprehensive documentation of business requirements, functional specifications, and support procedures.
• Drive continuous improvement in risk workflows, data integration, and user experience.

Qualifications

• Minimum 10 years’ experience as a business systems analyst in the financial services industry, with a focus on risk management.
• Practical understanding of financial instruments including stocks, bonds, swaps, options, futures, forwards, asset‑backed securities, and mortgages.
• Strong knowledge of fixed income risk analytics, including duration, convexity, spread measures, and scenario analysis.
• Practical understanding of derivatives valuation and risk management approaches.
• Experience working with risk and analytics vendors (e.g., Yield Book, Bloomberg, Point).
• Exposure to vendor valuation libraries and applications (e.g., Numerix, Calypso, FinCad).
• Experience with investment data concepts such as holdings, transactions, security master, analytics, and performance.
• Excellent written and verbal communication skills.
• Strong analytical and problem‑solving skills with high attention to detail.
• Proven ability to build strong relationships with business partners and drive consensus across teams.
• Experience writing requirements, functional specifications, use cases, and test plans.
• Creative, innovative, and focused on continuous improvement.
• Self‑motivated and able to thrive in a fast‑paced, result‑oriented environment.
• Ability to work independently and demonstrate ownership of outcomes.
• Hands‑on knowledge of SQL and relational database technology.
• Working knowledge of Python is a strong plus.
• Familiarity with Java is a plus.
• Experience supporting critical production applications.
• Solid understanding of the software development life cycle.
• Bachelor’s degree required.
• CFA Institute Claritas Certificate, CFA Charter, or progress toward one is considered an asset.

Benefits

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. All employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is USD 120,000 - 225,000. 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. 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).

Employees work from our offices 4 days a week with flexibility to work remotely 1 day a week.

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].