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.

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.

About the Role

THE POSITION

As an Early Career Investor (ECI) intern, you will assist seasoned investors in conducting independent investment research while gaining in-depth exposure to the investment industry and our firm. The intern will be based in our London office.

There are five primary components to the summer internship experience: (1) project for an investment team, (2) access to investors and business leaders across the firm to better understand our firm and its culture, (3) in-depth exposure to the investment industry, and (4) feedback and mentorship.

1. Investment project

Projects are sourced from multiple areas on the Investment Platform, which includes the Investment Research, Investment Boutiques, Investment Science, and Investment Strategy groups. The origin and nature of the work will be based on the analytical needs of our investors and will mimic the work of our full-time Research Associates (the post-undergraduate investment role at Wellington). At the end of the summer, you will be given an opportunity to share and present your work, in a small group forum.

Examples of previous projects include:

· Exploring the market size and growth potential of the Chinese lodging industry

· Understanding the private sales business model and market for online flash sale and coupon retailers such as Hautelook, RueLaLa, Gilt and Groupon

· Studying the municipal finance market to determine funding vulnerabilities at the state and local level

· Evaluating investment opportunities in the for-profit education industry in light of changing government regulation

· Developing a framework for evaluating valuations of gold miner equities relative to the gold commodity price

· Creating a currency hedging strategy for a multi-asset portfolio

· Conducting ESG Analysis on companies in the Interactive Media & Service sector including Facebook, Instagram, Twitter and TikTok

· Developing a Transition Risk Framework that can be applied to understand the impact of these risks on the financials of a company

2. Getting to know our firm

Through a series of info sessions and other forums you will interact with and be exposed to seasoned investors throughout the Wellington organization. Through this exposure you will both build your network and discover what makes the Wellington experience unique.

3. Immersion into the world of investing

You will have the opportunity to develop and deepen your investment knowledge by attending company management meetings, participating in stock simulations, accessing the firm’s proprietary research notes, and observing our daily investor Morning Meeting.

4. Mentorship and feedback

You will receive training throughout the summer to develop the skills required for this internship, and a potential career in investment management. This will be through a combination of in-house sessions covering accounting, financial statement analysis, advanced Excel modeling and FactSet or Bloomberg tutorials along with continued support through strong mentorship. Summer interns will partner with a Research Associate as well as a more senior investor who will work along with the Director of Early Career Investor Development to provide support and feedback. We seek to develop interns and early career hires through an apprenticeship model, by offering extensive one-on-one interaction with more senior investors.

QUALIFICATIONS

• We focus on finding students with a broad range of backgrounds and experiences – with an emphasis on strong academic credentials and demonstrated analytical and writing abilities. Candidates should possess outstanding interpersonal and organizational skills, be resourceful and detail-oriented, and possess a strong work ethic. We are looking for interns who have a passion for gathering information, are inquisitive, and can draw connections between, or recognize patterns among, seemingly disparate topics. An economics or finance major is not a prerequisite, and no previous investment or finance experience is required. However, candidates should be proficient with Excel and have an interest in exploring a career in finance.

• Candidates should be intellectually curious and mentally flexible, have a strong growth mindset, be focused on continuous improvement, have a willingness and ability to take risk, demonstrate strong learning orientation and willingness to try new things, and bring a broad, differentiated perspective.

APPLICATION PROCESS

Please see below for more information on the application requirements. Application deadline: 3rd November 2023

Please submit your application with supporting documents outlined below. Also, please note that it is required that all documents submitted be in pdf format.

Interested candidates should submit the following:

• CV , 1 page max.

• Statement of interest that addresses (1) why you are interested in exploring a career in investing; (2) something about yourself that is not on your resume; and (3) why you are interested in participating in the program, as well as what aspects of your past experience are most relevant to your ability to contribute to the program’s goals.

• Sample piece of academic (school research report/paper) or investment-oriented research (up to 2 pages maximum inclusive of charts and tables); and

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 .

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 GMWTalentOperations@wellington.com .