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.
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.
The Placement Internship is a year-long programme which offers an excellent entry point into the Investment Management industry. The internship will run from June/July 2024 until June 2025 with positions available across a wide range of departments. As a Placement Intern, you will be an integral part of the team and be given a wide range of responsibilities, helping the firm drive excellence for clients to positively impact millions of beneficiaries’ lives. Successful candidates will be based in our London Victoria office. Please visit our careers page for more details on our approach to hybrid working.
WHO CAN APPLY
The programme is for penultimate year undergraduate students who are interested in the Investment Management industry. We consider applications from all degree disciplines. We have opportunities in the following functions: Client Platform, Investment Platform and Infrastructure. More details on the each of the functions below.
What is the Client Platform?
Examples of teams within the Client Platform:
Client Group
Client Group is the driving force of our new business development, relationship management, and client servicing efforts.
Investment Product & Fund Strategies (IPFS)
Combining investment knowledge, commercial acumen, and vehicle expertise, IPFS is instrumental in developing and managing a product and fund lineup that enhances our ability to attract and retain clients.
Marketing & Communications
The marketing team is responsible for the firm’s editorial, communications, design, client programs, and external web efforts. The team is collectively charged with creating and implementing marketing and communication strategies that promote the firm’s investment capabilities and thought leadership, foster its global brand, and drive client engagement.
What is the Investment Platform?
Examples of teams within the Investment Platform:
Corporate Access & Research Services (CARS)
The CARS team works in partnership with our investors by managing and maintaining excellent relationships with corporates and external research providers alike, all while maintaining our firm’s compliance with global regulators.
Investment Platform (Boutiques & Research)
The Investment Boutiques function comprises of investment professionals strive to deliver exceptional investment returns for our clients. The teams collaborate with each other and with other investors across the firm to identify opportunities and risks. Adjacent to Inv. Boutiques, the Investment Research function focuses brings in-depth ESG expertise to the investment dialogue. The team is tasked with facilitating the integration of ESG factors into investors’ decision-making processes in order to achieve our clients’ objectives across asset classes and geographies.
Investment Strategy (IStrat)
With clients seeking to do more with fewer firms, iStrat offers expertise across investment disciplines including manager research and multi-asset, factor-based, and thematic strategies to provide clients with strategic analysis and work directly with them on portfolio implications and implementation.
Sustainability
Corporate Sustainability function provides a holistic view of the firm through the lens of Wellington’s corporate sustainability strategy by working with Wellington employees across the firm to promote and implement our corporate sustainability strategy internally.
What is the Infrastructure Platform?
Examples of teams within the Infrastructure Platform:
Finance & Administration
The F&A team are responsible for the management of employee compensation and benefits, including pension and wellbeing plans, across Wellington’s EMEA offices.
Global Trading
The Trading Department is responsible for the execution and settlement of all trades on behalf of Wellington Managements clients, with strong infrastructure and control environment focus to support the complexities of trading across regulatory regimes.
Investment Services and Technology (InvesTech)
The Investment Services and Technology (InvesTech) mission is to drive Wellington’s innovation and operational edge to exceed the investment and service expectations for our clients and business partners worldwide. We accomplish this by bringing technology and operations together to deliver better, more efficient outcomes. InvesTech comprises of teams such as Workplace Technology, Investment Implementation, Fund Servicing and InvesTech Operations.
Legal & Enterprise Risk (L&ER)
L&ER is an integration of pre-existing teams in the firm that we’ve brought together to focus on helping our firm better manage regulatory, operational and reputational risks on behalf of our clients. Teams include: Compliance, Operational Risk Management, Internal Audit and Privacy team.
Qualifications
The successful candidates are likely to:
Be an undergraduate student eligible for a year-long industrial placement in your penultimate year of study – to begin in June/July 2024.
Have skills or experiences which demonstrate an interest in investment management.
Be a highly motivated self-starter with a high intellectual curiosity.
Be proactive and have the humility and willingness to learn from and collaborate with their colleagues.
Have outstanding interpersonal and organisational skills, be resourceful, detail-oriented, and have a strong work ethic.
Able to provide examples of independent working, in a fast-paced and team-oriented environment, where priorities change frequently.
Have strong systems skills, in particular familiarity and versatility in Microsoft Office (Outlook, Excel, Word, PowerPoint).
Language skills would be advantageous but are not required.
HOW TO APPLY
To be formally considered for the 2024 Placement Internship Programme, please follow the link and submit, together as one document, your CV and a 1-page maximum cover letter. In your cover letter, we’d like to hear why you are interested in the Investment Management industry, particularly the area you would like to work in (Client Platform, Infrastructure or Investment Platform) and finally, what you hope to gain from a year on the Placement Internship programme.
Application Process
Apply online > Video Interview > Interviews > Offers extended to successful candidates.
Please note that we recruit on a rolling basis, so we suggest you apply early. We are only able to respond to successful applicants.
Wellington Management Company, LLP is committed to providing equal employment opportunities for all qualified persons without regard to race, ethnicity, sex, sexual orientation, age, religion, nationality, ancestry or disability.
Tracing our history to 1928, Wellington Management is one of the world’s largest independent investment management firms. With over USD 1 trillion in client assets under management as of 30 September 2022, we serve as a trusted adviser to clients 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.
