Risk Analyst, Equity
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. POSITION
The Risk Analyst, Equity (Risk Analyst) position is part of the Global Risk & Analytics (GRA) team. GRA is the global investment risk function for Wellington and sits within the firm's Investment Science (iSci) department alongside these other key functions: Execution Research Analytics (XRA), Quantitative Investment Group (QIG), and Investment Data Science (IDS). In addition to investment risk oversight, GRA leads Wellington Management's risk modelling and security analytics processes across our broad multi-asset, hedge fund, equity, fixed income, and research strategies.
The Risk Analyst will work closely with the GRA team's Risk Managers and oversee the GRA Equity team's oversight infrastructure (metadata, risk database, risk reporting, dashboards) making contributions in the oversight of the firm's equity portfolios. A successful Risk Analyst will leverage Wellington's risk modeling and analysis platform to enhance the engagement of the Risk Managers with the Portfolio Management teams. S/he will also continually work to enhance the risk oversight process and infrastructure, will create or improve clear, engaging reports/analytics that identify material portfolio risks in individual portfolios and across the equity platform. Responsibilities of the role will also include project management of team's various initiatives, development of analytics reporting/dashboards, and delivering digestible data and actionable information internally, so Risk Managers and other firm leaders can make more-informed decisions and better set priorities.
The candidate should be comfortable with rapid response times and quick turnarounds commensurate to the dynamic demands of the team. The Risk Analyst should be sufficiently confident in their analyses to interpret the outputs of their work, explaining or defending their conclusions within the Risk Management team or to the investment teams as appropriate. Risk Analysts are expected to be vocal, self-starting members of the team, thoughtfully challenging colleagues and independently reviewing risk-related data in their areas to highlight potential areas of concern or focus to Risk Managers for further review and potential follow-up.
The Risk Analyst role requires a knowledge of risk analysis gained from experience in institutional investment management and risk management. S/he should be continually apprised of investment trends to determine the risk implications and communicate the resulting risks within the group. The successful candidate will bring technical skill and knowledge, be adept at building collaborative working relationships with colleagues, and take proactive ownership for the quality of their work. RESPONSIBILITIES
Responsibilities for this position will include the following:
•Ensure reports, dashboards, or other tools of the Risk Management process are properly executed and reviewed for accuracy, with outliers or areas of concern highlighted to team members of the team;
•Engage with Risk Managers and other investment professionals on a daily basis, to ensure transparent measurement and reporting of risks in portfolios;
• Participate actively in the daily Risk Meetings and other dialogues on risk concerns and measurements;
•Actively engage on enhancing the Risk reporting infrastructure, including design of exhibits and reports to support the risk oversight process;
•Conduct ad-hoc research and analysis to address investor questions and support the engagements of Risk Management QUALIFICATIONS
The ideal candidate will have a solid analytical foundation coupled with an analytical curiosity, strong organizational skills, passion for financial markets, be motivated by a team environment, and have the ability to learn about new analytical applications and investment products. He/she will have experience working with technology resources on implementation, particularly when combining risk concepts with data analysis. A high technical capability, such as a proficiency in SQL/Python and visualization tools such as Tableau.
Additional key qualifications include:
- 3-7 years of experience in portfolio analysis, data analysis, risk management, and/or risk systems
- Proven ability to partner with investment talent effectively
- Ability to manage multiple projects/assignments, prioritize effectively, meet deadlines, and deliver high quality, well-reviewed work
- Proactive and intellectually curious, self-sufficient professional able to convey complex ideas and datasets into actionable insights
- Bachelor's Degree required, preferably in economics, mathematics, finance or technology-related field of study. A Master's Degree or CFA/CAIA is considered a plus.
- Strong fit with the firm's cultural tenets of inclusivity, collaboration, accountability, and collegiality.
The Risk Analyst, Equity will be based in Wellington's Global Headquarters in Boston, MA. SKILLS JOB TITLE
Risk Analyst, Equity LOCATION
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 .