Description

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.

About the Role

We are seeking a Business Manager for the Private Investments Platform. Wellington has been investing in private markets for decades and launched its first dedicated private capital fund in 2014. Today, the Private Investment Platform currently manages over $9 billion in committed capital across a broad range of private equity and private credit strategies including late-stage growth, multi-stage sustainability venture, early-stage venture, commercial real estate debt, growth lending, and investment grade private credit, and is one of the fastest growing investment groups within Wellington. The Business Manager will work closely with the Private Investments Leadership Team ("PILT"), helping implement the strategic vision for the private investment platform, ensuring strong collaboration and communication across functions and facilitating decision-making, as well as managing day to day activities related to product development, marketing, operations, and governance of Wellington's private investment strategies. This position offers an exciting and high-profile opportunity to support and contribute to the growth of our platform and firm.

ESSENTIAL SKILLS
The following essential skills are required for the role:

• Project management expertise with strategic orientation-The ideal candidate will partner with the PILT to develop and execute the department's strategic plan and various department-wide initiatives. Experience in driving fast-paced initiatives and collaborating across multiple functional groups and platforms is key to success in this role.
• Analytical approach to problem solving - As a member of the PILT, the Business Manager will serve an important role in providing the tools and framework needed for the PILT and investors to execute their roles. The ideal candidate will utilize data in a succinct way to enable the PILT to better assess their investors, make business decisions, and support business cases. In addition, the Business Manager will exhibit strong attention to detail with an ability to quickly spot and diagnose errors and will proactively problem solve issues.
• Superior collaboration and influencing skills - The successful candidate will enjoy contributing to a highly collaborative team. The Business Manager will build strong trusting relationships internally with colleagues across not only the investment platform, but also business partners in IT, Operations, Capital Formation, Legal, Compliance, Human Resources, and Finance. The ability to provide a point of view and challenge the status quo is critical, as is the humility to admit mistakes and a desire to learn from others; they must recognize the benefits of diverse perspectives. The ability to clearly communicate (both verbally and in writing), integrate numerous viewpoints, and mobilize/influence across all levels of the organization is critical.
• Growth mindset - The Business Manager will be flexible and open to continue learning, evolving and growing as a business strategist. The ideal candidate will have a global perspective and creative approach for thinking about innovation and the evolution of Private Investments within the broader asset management industry.

RESPONSIBILITIES
Areas of responsibility will include but are not limited to:

• Drive the strategic agenda and operational needs within the PILT, keeping the team focused and organized around the most important initiatives;
• Provide tactical support to the PILT, including project management support, managing certain processes and regular meetings;
• Leverage a deep understanding of the investment process in order to marshal the right resources to allow our investors to exceed the performance expectations of our clients most efficiently and effectively;
• Proactively improve processes and data flow across the division and broader privates platform; and
• Assist with the year-end performance evaluation and peer review process.

OTHER QUALIFICATIONS
Additional qualifications and characteristics include:

• 7+ years of relevant professional experience, ideally in an investment-adjacent or business management role;
• Superior organizational skills with a results orientation. The ability to manage, prioritize and complete multiple projects simultaneously is required;
• Credibility to engage productively with senior investors and leaders, including ability to constructively challenge the status quo and solve problems;
• A strong understanding of the global capital markets and a keen interest in understanding the investment process. Knowledge of private markets would be additive
• Ability to serve as a stress absorber; focused on being a calming presence, active listener and pragmatic problem solver;
• Intellectual curiosity and entrepreneurial spirit to help build a new and expanding part of our business;
• Excellent business writing and Excel skills are required; and
• Strong academic credentials; MBA and/or CFA (or equivalent) is a plus.

LOCATION
The Business Manager, Private Investments will be based our Boston Global Headquarters, or the New York office.

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 [email protected] .

At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry.We 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:
USD 80,000 - 180,000
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 salary is only one component of Wellington's total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In 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 absence, paid holidays, volunteer, sick and vacation time)

We believe that in person interactions inspire and energize our community and are essential to our culture. In 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.