About the role#
The Global Operations Co-op joins the Fund Treasury team to support the financing platform for our hedge funds and sub-advisory alternative funds. You will learn the core concepts of hedge fund financing management while working alongside internal teams and external partners like prime brokers. This role involves cross-training across functions to ensure performance and provides exposure to the intricacies of our fund servicing platform.
What you'll do#
- Perform daily financing optimization activities across various fund strategies and vehicles.
- Analyze margin requirements and generate reports for Portfolio Management.
- Manage collateral and identify exposure risks to ensure compliance with prime brokerage risk models.
- Optimize cash by reallocating funds across prime brokerage accounts to reduce financing costs and manage liquidity.
- Build relationships with internal teams and external service providers.
- Design and develop custom reporting and analyses using tools such as Python and SQL.
What you'll need#
- Current enrollment at Northeastern University pursuing a degree in Finance, Economics, or Mathematics.
- A GPA of 3.5 or above.
- Beginner to intermediary technical skills for managing large data sets.
- Strong attention to detail and organizational capabilities.
- A client service mindset with clear communication skills.
- A high degree of integrity and natural curiosity.
- Ability to work effectively in a team environment while balancing competing priorities.
Location & details#
- Location: Boston, Massachusetts.
- Term: Winter 2027.
- Modality: Hybrid (in-office 4 days per week).
- Employment: Full-time, paid position.
About Wellington Management
Wellington Management is an independent investment firm founded in 1933. Based in Boston, the company manages over one trillion dollars in assets for clients such as pensions, endowments, and insurers. It employs more than 3,600 people across global offices. The firm offers investment capabilities across equity, fixed income, and private markets.
How to get in at Wellington Management
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