Client Transitions Analyst

Wellington Management • Boston, MA

77d • $65,000 - $150,000

About The Position

The Client Transitions Analysts (“CTA”) are members of Global Operations and are responsible for supporting the operational aspects of various client and fund transitions including new mandate fundings, terminations, all asset-in-kind flows and product/portfolio changes with an emphasis on operational risk management and control environment. The CTA will work closely with the Client Integration Manager, Client Group teams, Wellington Funds Group and other functional areas of the firm to ensure a consistent service model in transitioning client assets and to mitigate risk during the client transition process. A substantial amount of time will be devoted to both internal co-ordination and external communication - dealing with custodian banks, third party accounting agents, outsourcing providers, vendors and transition managers. Within the firm, the analyst will work closely with other teams across the firm to ensure a well-executed and risk managed transition event.

Requirements

• Bachelor's degree.
• Three to five years relevant investment industry experience.
• Exposure to investment operations and risk management environment preferred.
• Ability to work quickly and accurately under pressure.
• High degree of analytical ability and sound business judgment.
• Strong written and verbal communication skills.

Nice To Haves

• Advanced degrees.
• Language skills.
• Progress towards the CFA designation.

Responsibilities

• Ensuring the timely and consistent delivery of account opening documentation for new client accounts.
• Orchestrating custodial and market openings and connectivity both internally and externally as well as coordinating the execution of asset in-kind processing.
• Initiating account record set-up for new accounts and/or portfolios; reviewing and approving new account set-ups; facilitating proper use of internal trade restriction flags.
• Providing assistance and training to colleagues as well as acting as global expert for account record set-ups; updating process and control checklists.
• Assisting with transition manager asset-in-kind coordination and asset carve out for client flows, including: creating a representative account or reviewing client accounts, reviewing asset lists for transferability, facilitating internal reviews and sign-offs.
• Working with Investors to create model accounts for transitions, including: account set-up, legacy portfolio review, asset set-up, pricing and loading legacy assets.
• Coordinating the reconciliation, moratorium review and loading of external transition management trade execution files for new or existing accounts.

Benefits

• Retirement plan.
• Health and wellbeing coverage.
• Dental, vision, and pharmacy coverage.
• Health savings account.
• Flexible spending accounts.
• Commuter program.
• Employee assistance program.
• Life and disability insurance.
• Adoption assistance.
• Back-up childcare.
• Tuition/CFA reimbursement.
• Paid time off (leave of absence, paid holidays, volunteer, sick and vacation time).

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree