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

THE POSITION  

We are seeking to recruit a Research Associate (RA) to join our Structured Finance Research Team. This individual will support the CMBS Analyst in covering investment-grade and high-yield opportunities across CMBS, including but not limited to the Conduit, SASB, and CRE CLO subsectors. 

The Structured Finance investment team is dynamic and growing and is currently responsible for approximately $60 billion in assets. As part of the Structured Finance Research Team, the RA will be fully integrated into the investment process and will conduct fundamental and quantitative analysis in support of the CMBS Analyst. The RA will contribute research and relative value insights to inform investment decisions and support the development of investment recommendations that help shape portfolio manager decisions and add value to client portfolios. 

The ideal candidate will have 2–4 years of experience in structured finance or commercial real estate, ideally with direct CMBS exposure, and will demonstrate a strong commitment to the asset class. The role requires excellent technical and quantitative skills, strong attention to detail, and the ability to work effectively in a collaborative team environment. The Research Associate will partner closely with the CMBS Analyst, as well as Portfolio Managers, Traders, and other investment professionals across the platform. The successful candidate will have the opportunity to develop independent coverage responsibilities over time. 

The role may be based in New York (preferred given proximity to the CMBS Analyst and Trader and day-to-day collaboration) or Boston. 

RESPONSIBILITIES 

Responsibilities for this position will include the following: 

• Supporting the development of CMBS investment analyses and recommendations for portfolio managers 

• Conducting data analysis across large loan-level and property-level datasets 

• Supporting portfolio monitoring and risk assessment across existing CMBS holdings 

• Creating and maintaining detailed financial models to analyze existing and prospective investments 

• Attending and contributing to internal investment meetings 

Essential Skills 

The following essential skills and characteristics are required for the role: 

• Investment acumen and passion – We seek a technically strong early-career investment professional with experience in structured finance or commercial real estate and a demonstrated interest in CMBS. The ideal candidate will possess strong analytical and technical skills, attention to detail, and a quantitative orientation. 

• Superior collaboration and influencing skills – The successful candidate will contribute effectively within a