Lead, Client Transactions

Wellington Management Company, LLP
Boston, USA
21 May 2022
27 May 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

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.

We are transitioning to a hybrid work environment where both remote work and the office play a critical role. Our vision is a future where all employees are empowered to work flexibly to drive the best outcomes for our clients. Flexible work is a mindset and a core value. Our employees are encouraged to work remotely two days a week as a standard practice and will have flexibility in terms of working hours.
The Position
Client Transaction Services (CTS) leads operate within the broader InvesTech and are responsible for are responsible for supporting the operational aspects of various client transition events including new mandate fundings, terminations, all asset-in-kind flows and product/portfolio changes through effective project management, with an emphasis on operational risk and control environment. Leads will work closely with the Client Group, the 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 event process. A substantial amount of time will be devoted to both internal co-ordination and external communication as it relates to the firm's Private Investment vehicles - dealing with custodian banks, third party accounting agents, outsourcing providers, vendors and transition managers. Within the firm, the leads will work closely with other teams in InvesTech, the Client Group and Investment Services, Trading and other functional areas of the firm to ensure a well-executed and risk managed transition event.


Event and Project Management (Separate Accounts and Sponsored Product Funds)
  • Being a thought partner to Client Integration Managers, Portfolio Manager/Coordinator, Funds Group and Trading in the development and implementation of our client transition strategies and pool vehicles.
  • Under direction of Client Transaction Services manager, co-ordinate or lead specific transition events as appropriate
  • Participation in InvesTech team projects and initiatives as relevant
  • Provide high touch stakeholder engagement and management to ensure subject matter experts from within the funds team and around the firm (e.g. client service, legal, compliance, marketing, tax, product management and the relationship management team) have clear expectations and timelines
  • Communicate on a regular basis with WFG leadership and the product development teams to ensure day to day workflows, escalation paths and concerns are actively addressed and resolved
Subject Matter Expert
  • Expertise consulting (derivatives timing, transferability, market practice, internal fund sponsors)
  • Maintaining awareness of industry, custodian bank and regulatory change; develop understanding of different jurisdictions and client requirements
  • Contribute to regional library of process and controls by participating in build-out of business tools and reference materials
  • Broad knowledge of the investment process, including portfolio construction, trading, investment, custody, fund administration, and deep securities knowledge (including derivatives)
  • Excellent organizational, project planning and execution skills including the ability to prioritize and multi-task under time constraints.
  • Problem solving skills in terms of understanding client objectives and developing effective and appropriate solutions to meet them
  • Strong business judgment and risk awareness, including the ability to synthesize complex issues and effectively balance competing objectives
  • Exceptional communication skills and ability to thrive in a team environment
  • Ability to develop and maintain professional relationships with clients, other functions, and other offices.
  • Bachelor's degree desirable, coupled with significant number of years relevant industry experience
  • Advanced degrees and/or progress towards the CFA designation are viewed favorably
Not sure you meet 100% of our qualifications? That's ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. 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 GMCANINQ@wellington.com .

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