Business Associate Program

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.

PROGRAM OVERVIEW      

The Business Associate (BA) Program is an exciting pathway into our firm for graduating undergraduate students who are interested in the variety of career opportunities available in the investment management industry. This Boston-based program will help you gain insight into our industry, firm, and culture, as well as knowledge of the many different business divisions that support our investment functions.

As a Business Associate, you will develop your business and technical skillset while assimilating into the firm, your job, and our culture. You will also discover your long-term fit here at the firm and will be placed into positions that are complementary to your skills, interests, and business needs.

We expect new entrants to join the Business Associate Program inJuly 2026. During your first two weeks with us, you will participate in our Base Camp Development Program. This program is designed to equip you with new skills and knowledge of our clients, industry, firm, and culture while developing a strong internal network. By investing in your personal growth on day one, you will help us continue to exceed our client’s expectations.

PROGRAM BENEFITS

• Two-week Base Camp Development program focused on developing skills, knowledge, and strong internal network

• Hybrid work environment, allowing for 4 days in person and up to 20% of time working from home

• Technology provided to each new hire

• Competitive salary and annual bonuses

• Comprehensive benefits package including, but not limited to, medical, dental, and vision care, tuition reimbursement, retirement plan, and generous paid vacation and sick time

PROGRAM ROLES

For the Business Associate Class of 2026, opportunities exist in the Client Platform, Finance & Administration, Global Operations, and Legal, Compliance & Risk.

Please read the descriptions below for more information on each role. While we encourage a broad interest in the program, we do expect applicants to indicate specific interest in a role, which they must explain in their statement of interest.

Client Platform

The Client Platform is one of the firm’s three platforms, is comprised of over 600 employees globally, and is responsible for aligning the firm’s investment expertise with client needs now and in the future. Wellington serves an extremely diverse mix of institutional investors located in over 60 countries. Our clients include public funds, central banks, insurance entities, endowments, foundations, mutual fund sponsors, retirement plan sponsors — both defined benefit and defined contribution — and many other types of institutions. We view business development and relationship management as a point of differentiation among our peers. Our experienced professionals are typically specialized by client type and geography. In carrying out their respective functions, they will take into consideration local nuances and channel differences to ensure a thorough understanding of the unique needs of prospects and clients by being proactive, forward-thinking, and effective communicators.

This role is well suited for someone who is seeking to learn about the investment industry broadly, work collaboratively across functions, and build business management, project management, and analytical skills. Working as a BA within the Client Platform requires a high degree of intellectual curiosity, attention to detail, written and verbal communication skills, proactivity, and enthusiasm. Associates will be placed on teams that match your skills and interests with our organizational business needs. This ensures that you are having impact on key projects and initiatives while maximizing the opportunity to develop your skills. 

Responsibilities of a BA working within the Client Platform may include, but are not limited to:  

• Prepare presentation materials, briefing materials and other collateral materials for prospect calls and meetings as well as new business opportunities with existing clients

• Organize prospect and client meeting follow-up items and respond to ad hoc requests, as needed

• Qualify Requests for Proposal (RFPs) and work with internal constituents to ensure that each RFP receives the appropriate response

• Assist with analytics and competitor analysis

• Manage Salesforce to allow members of the Client Group to better coordinate client/prospect information and insights

• Attend various internal cross functional meetings

• Collaborate with members of the department to support external relationships with clients, prospects, and consultants

• Work on ad-hoc projects to support our overall client effort

Finance & Administration

The Finance and Administration division is a global department, comprised of multiple teams: Financial Operations, Global Accounting, Workplace Services, and Global Tax Services. As a Business Associate (BA), you will be placed within one of these specialized teams where you will gain a practical understanding of corporate finance within the asset management industry. You will support key financial functions and provide valuable insights into operational processes, contributing to the success of the division. Associates will gain a practical understanding in financial analysis and modeling, budgeting and expense management, tax research and compliance, and cross-functional collaboration with teams such as the Client Group, Investment Management, and oversight committees.

This role offers a strong foundation in finance and administration, helping you develop skills in data analysis, attention to detail, and financial reporting. This role is ideal for individuals who are detail-oriented, possess strong organizational and analytical skills, and are eager to collaborate and learn. Proficiency in Microsoft Office, specifically Excel, and a willingness to ask questions are essential for success.

Responsibilities may include, but are not limited to:

• Ensure the books and records of assigned legal entities are maintained in accordance with GAAP

• Assist with the preparation of financial statements in conjunction with annual audits

• Prepare filings and surveys for a variety of regulatory agencies with adherence to strict deadlines

• Recommending process improvements leveraging any technological expertise

• Assist with daily cash management processes including payment execution, liquidity management, and forecasting

• Perform analysis and trade execution related to foreign currency activities, hedging, and long-term investments

• Prepare monthly and ad hoc reporting on hedging results, investments, and liquidity management

• Assist with the annual budget and quarterly forecast updates, including work on the consolidated forecast model

• Assist with monthly expense analysis for multiple divisions, including reporting and direct meetings with leadership

• Assist with various projects related to financial modeling/strategic investments

• Preparation of tax basis accounting work papers and other work papers supporting tax filings

• Prepare quarterly estimated tax payment calculations and annual extensions

Global Operations

Global Operations is a critical part of Wellington’s Infrastructure Platform, encompassing four global departments: Client Operations, Enterprise Data, Fund Services & Privates Operations, and Investment Operations. These teams collectively drive the firm’s operational edge, enabling Wellington to meet and exceed the investment and service expectations of clients across the globe. As a Business Associate in Global Operations, you will gain experience in how the group designs and executes the infrastructure that supports Wellington’s investment strategies. The BA program will provide valuable insights into how operational processes are built for scalability, risk mitigation, and service excellence. Associates will also gain a practical understanding of how Global Operations partners with teams across the firm – including the Investment Platform, Client Platform, and broader Infrastructure Platform – to develop and support new capabilities. As a BA, you will also observe how the team executes daily processes with precision, timeliness, and a fiduciary mindset. The Associate will support ongoing initiatives and may be placed in one of several teams depending on business needs and timing: Client Regulatory Operations, Derivative Operations, Fund Services, Reference Data, and Trade Operations.

Legal, Compliance & Risk

The Legal, Compliance & Risk group is a global team that is comprised of three highly collaborative functions that support all aspects of our business: Legal, Compliance, and Risk. As a Business Associate, you will have the opportunity to gain valuable insights into the legal and risk management operations of a global investment management firm. Associates will gain a practical understanding of regulatory frameworks, risk mitigation strategies, and legal processes that shape the asset management industry. The Business Associate will support the development and execution of compliance programs, contribute to risk-reducing initiatives, and assist with legal documentation and regulatory filings.

Responsibilities may include, but are not limited to:

• Monitor personal trading, gifts and entertainment, political contributions, conflicts of interest and other related areas for compliance with our Code of Ethics

• Participate in our compliance and forensic testing program to determine the firm’s compliance with its policies and procedures

• Assist in the preparation and filing of global regulatory and beneficial ownership filings

• Partner with compliance officers and analysts on special projects supporting the compliance program

• Support capital markets initiatives related to derivatives trading and private equity transactions

• Assist the review and negotiation of investment management agreements to support our institutional client business

• Partner with attorneys or analysts on special projects to support regulatory initiatives

QUALIFICATIONS

·Undergraduates from all majors graduating with a bachelor’s degree between Fall 2025 – Summer 2026

·Demonstrated interest in investment management

·Proficiency in Microsoft Office, specifically in Word, PowerPoint, and Excel

·Demonstrated accomplishments in academics

·Proven leadership experience and participation in community service and extracurricular activities

SKILLS

·Superior written and verbal communication skills

·Highest ethical standards and integrity

·Well organized, ability to multi-task, and detail-oriented

·Strong work ethic and professionalism

·Sharp quantitative, analytical, and problem-solving skills with ability to synthesize information

·Highly motivated self-starter, who knows how to take initiative, and has a high level of intellectual curiosity

·Ability to thrive in a collaborative, fast-paced environment

APPLICATION PROCESS

For any questions, please email [email protected] For issues, please use our website’s career email [email protected].

Materials

Qualified candidates must submit:

• Résumé, 1 page length

• Statement of interest, 2 pages max, that addresses:

(1) Why you are interested in working for Wellington Management

(2) Why you are interested in the Business Associate program

(3) What role(s) you are most interested in the program

• Unofficial transcript (Condensed to a few pages, please don’t send >5 pages. Grades for all semesters must be present, including up to Spring/Summer 2025. Fall 2025 classes in progress are not required but encouraged.)

All documents must be submitted, titled with your Last and First name. You must upload each required document in separate upload boxes - resume, statement of interest, and transcript. You will submit your resume at the beginning of the application where it says upload Resume/CV and your statement of interest and transcript at the end. Applications with missing documents or information missing from the required questions for the statement of interest will not be considered.

Please note that you cannot change or update your application after you submit it. 

The deadline to apply is 12 October 2025 at 12:00PM ET.

Interviews

Candidates will be notified on an on-going basis, but mainly in the weeks after the application deadline. If chosen, the First Round will consist of a video interview with a campus recruiter and the program manager. Then, Final Round interviews will take place via video with multiple hiring managers.

The start date for the program isJuly 2026.

This position is not eligible for visa sponsorship.

JOB TITLE

Business Associate Program

LOCATION

280 Congress

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 considers all qualified applicants will receive 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:

no range available