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.
Position
The Derivatives Operations team supports a broad range of post‑execution activities, including collateral and margin processing, lifecycle event management, confirmations, and trade messaging for OTC instruments (rates, credit, TRS, options), futures, listed options, cleared OTC, MSFTA, and repo. While management and most of the team are based in Boston, the London group provides critical daily processing, local market coverage, and on‑the‑ground escalation support.
The Derivatives Operations Analyst will be responsible for reconciling and instructing daily margin requirements, processing accounting entries, and performing post‑valuation control reconciliations for cleared products. The Analyst will work closely with brokers, client relationship teams, trading, and technology partners to ensure timely processing of lifecycle events, respond to internal and external inquiries, and resolve complex issues. Given the complexity and manual nature of certain processes, the Analyst is expected to identify and drive efficiency improvements through workflow, reporting, and reconciliation enhancements. While the role is highly collaborative, many responsibilities are self‑directed and require the ability to work accurately under tight deadlines.
Responsibilities:
Review daily margin calls from brokers and investigate discrepancies
Perform daily post‑valuation cash reconciliations of collateral and margin movements
Complete daily control reconciliations across holdings, collateral, and currency balances with internal systems, brokers, custodians, and clearing houses
Support and maintain effective broker relationships
Serve as a resource and escalation point for issues raised by internal and external stakeholders, including clients, custodians, accounting agents, trading, and portfolio managers
Identify and assist in implementing front‑to‑back process improvements to strengthen efficiency and controls
Participate in industry working groups to assess new clearing opportunities and regulatory developments
Act as a steward of risk and controls, maintaining a strong focus on accuracy and quality
Qualifications:
2 - 4 years experience in back and/or middle office operations with exposure to both cleared and bilateral derivatives, including margin and collateral management
Strong communication skills, high attention to detail, and an analytical, problem‑solving mindset
Ability to work effectively both independently and as part of a team
Experience working within a global team environment preferred
Experience with Calypso Collateral and/or participation in a system transformation project preferred
Technical proficiency in Excel; experience with Python and SQL preferred
Experience with agentic applications a plus
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 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 GMWTalentOperations@wellington.com
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.
For almost 100 years, we have chosen to do things differently, including the way we structure our ownership model, organization, and investment platform. Critically, we know that the best investment ideas are found when a diverse workforce is encouraged to bring forward unique perspectives.
Wellington Management is one of the world’s largest independent investment management firms, serving as a trusted adviser to over 2,400 clients in more than 60 countries. We manage more than US$1 trillion for pensions, endowments and foundations, insurers, family offices, fund sponsors, global wealth managers, and other clients.
We offer comprehensive investment management capabilities that span nearly all segments of the global capital markets, including global equity, fixed income, currency, commodity, alternatives, and private markets. Leveraging more than 900 investment professionals located in offices around the world, we combine independent insights across asset classes, skill sets, and investment disciplines to uncover ideas for our clients, because we believe collaboration is a rare, repeatable competitive edge.
This independent structure and collegial culture are two of the main reasons investment professionals join Wellington Management — and stay for their entire careers.
For current open opportunities, please visit www.wellington.com/joinus
We are an equal opportunity employer and are committed to having a diverse workforce. Please visit http://www.wellington.com to learn more about our firm.
Important disclosure: https://www.wellington.com/en/important-disclosure
Wellington will not send unsolicited communications and investment opportunities initiated through social media platforms. Wellington does not perform business transactions, payment requests, or direct interactions through social media platforms. Please visit https://www.wellington.com/en/legal/privacy-notice for more information.
