Portfolio Coordinator: Asset Allocation Strategies recruitment

Position Description:

The Company
Wellington Management Company, llp is one of America's premier investment firms. We are a private partnership that is 100% focused on managing money for sophisticated institutional clients. We are headquartered in Boston with ten affiliate offices in the US and around the world. We have a diversified, balanced and growing business and more than one-third of our clients are domiciled outside the US. In total, our clients have entrusted us to manage over US$660 billion in assets. On their behalf, we directly invest in companies of all sizes, in equities and fixed income, cash securities, and across the global capital markets. Our decision making process is driven by intensive research. We provide talented analysts and investors the resources and training necessary to succeed, and the autonomy to apply their best judgment to meet client return objectives.

Overview
The Asset Allocation group encompasses two major areas: strategic and tactical asset allocation. The strategic team researches long-term asset allocation themes, including capital market expectations and issues of overall portfolio structure, in order to assist clients with long-term strategy and policy issues. The strategic team is also responsible for developing multi-asset class solutions to meet particular risk and return objectives for prospects and clients and for monitoring and adapting these solutions to address the changing capital market environment.

The Asset Allocation Strategies Group is looking for a Portfolio Coordinator to work in Boston. This individual will partner closely with the Team to provide critical support in the execution of investment strategies across client portfolios in multiple asset classes (equities, fixed income, currencies and commodities) and with various investment instruments, particularly derivatives.

Responsibilities
Primary responsibilities will include:
•Interact closely with portfolio managers and traders to ensure timely and accurate execution of investment strategies across client portfolios; determine effective implementation of ideas across portfolio mandates with different constraints.
•Rebalance portfolios in response to cash flows, benchmark rebalancing, market price movements, and changes in client guidelines.
•Monitor positions relative to client guidelines and risk limits, and verify transactions are consistent with guidelines.
•Collaborate with many areas of the firm (e.g., Product Management, Trading, Operations, and IS) to improve processes and reduce operational risk
•Help monitor risk and performance across client portfolios; analyze risk exposures and key market sensitivities of positions in portfolios
•Work closely with Performance and IS to enhance performance and risk attribution tools and reporting.

Qualifications
Candidates should have the following skills:
•Bachelors or masters degree with eight to ten years of overall work experience.
•Strong analytical and quantitative skills
•Strict attention to detail
•Thorough familiarity with advanced functions in Excel
•Experience trading, pricing or accounting for derivative instruments
•CFA designation or progress towards CFA preferred
•Strong interpersonal and communication skills
•Ability to work independently and to contribute as part of a team
•While not a requirement, a willingness to relocate in the future would be viewed favorably