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 
The Associate Director, Risk Oversight, Equities position is part of the Global Risk and Analytics (GRA) team. GRA is the global investment risk function for Wellington and sits within the firm’s Risk & Investment Science division. GRA leads Wellington Management’s portfolio oversight, risk measurement, and security analytics processes across our broad multi-asset, hedge fund, equity, fixed income and research strategies. The Associate Director will work closely with the Director, Global Risk & Analytics as well as colleagues overseeing risk for equities.  She/he will work with Wellington’s investment teams to help them use risk and quantitative tools to inform their portfolio construction and investment processes. 
The Associate Director will lead Risk Oversight for Wellington’s $650+ billion equity investment platform. They will have a significant opportunity to influence Wellington’s equity investing. Acting as a player-coach for the equity risk team, they will lead risk consultations with investors and formal risk oversight processes, conduct risk-related research, drive a culture of risk aware decision making, oversee critical risk related processes, and promote risk management best practices across WMC’s equities strategies. The Associate Director will work as a key resource for Equity Line Management, providing insights on portfolio management teams and identifying platform wide commonalities and outliers in equity risk taking. They will contribute to the GRA research agenda and the firm’s investment dialog and to develop differentiated and innovative perspectives on the risk in global equity markets. They will develop and execute the strategic direction of Wellington’s equities oversight capabilities and pioneer new analytics and research, coordinating these efforts with the entire Global Risk and Analytics team.
The Associate Director role entails extensive interaction with equity portfolio managers and requires building strong collaborative relationships with equity investment teams and line management. The successful candidate will establish credibility through depth of knowledge, experience, and stature in risk and portfolio management and create a shared vision of the benefits of risk-aware portfolio construction and decision making. In addition to investment teams, the Associate Director will frequently interact with senior management, product management and our clients, prospects and key consultants. The candidate should possess a high degree of fluency and skill translating investment risk expertise to portfolio management, analytical curiosity, strong organizational skills, passion for investing, be motivated by a team environment, and be able to learn about new analytical applications and investment products.
The Associate Director will be expected to establish collaborative working relationships with investment teams and all levels of management across functional groups at WMC, including: Investment Product & Fund Strategies, Portfolio Services, and Information Technology. 
The firm maintains a sophisticated, comprehensive, proprietary risk management and stress testing system and the team’s risk work includes significant empirical work using the firm’s internal technology and Python environments. The Associate Director will play a key role in leading empirical research on equity risk, contributing to the firm’s internal risk modeling capabilities, and translating these insights effectively and practically to our portfolios.

RESPONSIBILITIES
•    Lead a team of 7 equity risk professionals responsible for risk management across Wellington’s equity business.
•    Partner with senior management including the Director of Equity Boutiques, Head of Investment Research,  Director of Global Risk and Analytics, Head of Risk and Investment Science, and Heads of Investment Products and Fund Strategies to oversee jointly an effective, comprehensive risk program for the equity business and ensure our fiduciary obligations are met.
•    Set a vision for and foster a culture of risk aware decision making for Wellington’s equity investing.
•    Collaborate with senior peers in GRA across risk functions to contribute to the team’s risk work across asset classes. 
•    Work with equity portfolio management