Global Risk & Performance Strategy Co Op

WELLINGTON MANAGEMENT

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 50 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.

THE COMPANY

Tracing our roots to 1928 Wellington Management Company LLP (WMC) is one of the worlds 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

Wellington Management is seeking two undergraduate co-ops to join its Investment Risk team with one position in each of the following groups:

• Multi-Asset and Hedge Fund Risk
• Fixed Income Risk

The co-ops will support portfolio risk analysis financial data analysis and independent risk oversight. Working alongside risk strategists and analysts they will produce and interpret portfolio risk analytics investigate market and portfolio developments and contribute to recurring monitoring and reporting.

These roles offer an opportunity to apply quantitative techniques to real-world portfolios while developing knowledge of financial markets portfolio construction and risk management. The co-ops will gain exposure to multi-factor risk models stress testing and performance and risk attribution.

They will also contribute to technology and process improvements including Python-based analytics automated reporting and AI-enabled tools. Through this work the co-ops will collaborate with colleagues across Risk Analytics Research and Technology while strengthening their analytical technical and communication skills.

Responsibilities

The co-ops will work closely with Investment Risk strategists and analysts to support portfolio reviews produce risk analytics and improve analytical processes. Specific projects and portfolio coverage will vary by group.

Portfolio Risk Analysis and Oversight

• Produce and review portfolio risk analytics for Investment Risk strategists and analysts.
• Apply statistical and quantitative techniques to financial data and live portfolios.
• Develop knowledge of risk estimation factor exposures stress testing scenario analysis and performance and risk attribution.
• Identify material changes in portfolio exposures risk measures or market conditions for further review.
• Support research on financial markets portfolio behavior risk models and investment-management practices.
• Interpret model outputs critically and investigate unusual or potentially significant results.

Data Technology and Process Improvement

• Build reports dashboards and analytical tools using Excel Tableau Python and related applications.
• Help automate recurring reports and analytical workflows in partnership with Technology and other internal teams.
• Design prototype test and document AI-enabled tools that streamline risk-management processes while maintaining appropriate controls and human oversight.
• Query organize analyze and visualize portfolio and market data.
• Monitor data quality and investigate potential data or reporting issues.
• Identify opportunities to improve the efficiency reliability and scalability of existing processes.

Collaboration and Professional Development

• Participate in discussions with risk strategists and analysts to learn how risk analytics inform portfolio oversight and decision-making.
• Communicate analytical findings through written summaries presentations and discussions.
• Collaborate on team projects while managing recurring responsibilities accurately and reliably.
• Develop an understanding of independent risk management and objective evidence-based analysis.

Qualifications

We seek candidates with strong analytical ability intellectual curiosity attention to detail and an interest in applying quantitative techniques to investment problems.

Successful candidates should have:

• Current enrollment in an undergraduate degree program preferably in a STEM or other quantitatively oriented field.
• Relevant coursework in linear algebra probability and statistics economics finance computer science data science or a related discipline.
• Strong critical-thinking and problem-solving skills including the ability to analyze data and draw well-supported conclusions.
• An interest in financial markets portfolio management and investment risk.
• Effective written and verbal communication skills including the ability to explain complex concepts clearly.
• Strong attention to detail and a commitment to accurate high-quality work.
• A positive collegial attitude and a high level of professionalism.
• The ability to work both independently and collaboratively.

Programming experience particularly in Python is a plus. Familiarity with Excel Tableau SQL statistical analysis data visualization or generative AI tools is also beneficial.

Please note: These positions include cross-training across functions. The anticipated start date is December 2026 or January 2027.

Only Northeastern University students are eligible for this program.

JOB TITLE

Global Risk & Performance Strategy Co Op

LOCATION

280 Congress

Not sure you meet 100% of our qualifications Thats 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 considers all qualified applicants will receive consideration for employment without regard to r ace 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

At Wellington Management our approach to compensation is designed to help us attract inspire and retain the best talent in our strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary variable compensation and benefits. The base salary range for this position is:

$19-$35 per hour

This range takes into account the wide range of factors that are considered when making compensation decisions including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.

Base salaryis only one component of Wellingtons total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives if addition we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. Examples of our 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 absencepaid holidays volunteer sick and vacation time).

We believe that in person interactions inspire and energize our community and are essential to our support of this commitment our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.