Treasury Operations Co Op

Wellington Management Company; Boston (MA); On-site; USD 42,000 - 54,000; Full time

Job summary

Wellington Management Company, LLP is seeking a Treasury Co-op to support daily cash reconciliation, forecasting, and reporting as part of Corporate Treasury. The role offers exposure to foreign exchange hedging, investing activities, and bank account management within a globally integrated investment firm.

The Co-op will work closely with team members to handle routine daily responsibilities and monthly activities, contributing to cash management processes and internal control procedures while

Responsibilities

• Reconcile cash accounts and project cash activity
• Assist with daily global cash positioning
• Maintain treasury operations files
• Assist in the resolution of inquiries and investigations
• Deposit various checks to bank, as needed

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

The COMPANY Tracing our roots to 1928, Wellington Management Company, LLP (WMC) is one of the world's largest independent investment management firms. With over $1 trillion in assets under management, we serve as a trusted adviser to institutional clients and mutual fund sponsors in over 60 countries. 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.

The Position

The Co-op within Corporate Treasury is responsible for supporting daily cash reconciliation and forecasting activity, management reporting, and other ad hoc treasury projects as part of the firm’s internal cash management activities. The Co-op will work closely with all team members to provide assistance with the routine daily responsibilities and the weekly/monthly recurring activities related to cash management. Additionally, the Co-op will have exposure to many aspects of Corporate Treasury including foreign exchange hedging, investing, and bank account management.

Responsibilities

To assist the Treasury team with operational functions which may include, but are not limited to:

• Reconcile cash accounts and project cash activity
• Assist with daily global cash positioning
• Maintain treasury operations files
• Assist in the resolution of inquiries and investigations
• Deposit various checks to bank, as needed