Principal, Hedge Funds & Analytics Technology

Wellington Management • Boston, MA

12d • Hybrid

About The Position

The position The Risk Technology team is responsible for delivering and supporting mission-critical platforms that enable Wellington’s Fixed Income investors and the Global Risk & Analytics team to assess, manage, and monitor portfolio risk across a wide range of asset classes. Our flagship risk system supports complex risk modeling, valuation, and scenario analysis, and is central to the firm’s risk oversight and decision-making processes. We are seeking a Principal Business Analyst to drive the evolution and support of this platform. This role requires deep domain expertise in risk management, along with strong analytical and communication skills. The successful candidate will work closely with quantitative analysts, developers, and investment professionals to ensure the platform meets the evolving needs of the business, regulatory requirements, and industry best practices.

Requirements

• Minimum 10 years’ experience as a business systems analyst in the financial services industry, with a focus on risk management.
• Practical understanding of financial instruments including stocks, bonds, swaps, options, futures, forwards, asset-backed securities, and mortgages.
• Strong knowledge of fixed income risk analytics, including duration, convexity, spread measures, and scenario analysis.
• Practical understanding of derivatives valuation and risk management approaches.
• Experience working with risk and analytics vendors (e.g., Yield Book, Bloomberg, Point).
• Experience with investment data concepts such as holdings, transactions, security master, analytics, and performance.
• Excellent written and verbal communication skills.
• Strong analytical and problem-solving skills with high attention to detail.
• Proven ability to build strong relationships with business partners and drive consensus across teams.
• Experience writing requirements, functional specifications, use cases, and test plans.
• Creative, innovative, and focused on continuous improvement.
• Self-motivated and able to thrive in a fast-paced, result-oriented environment.
• Ability to work independently and demonstrate ownership of outcomes.
• Hands-on knowledge of SQL and relational database technology.
• Experience supporting critical production applications.
• Solid understanding of the software development life cycle.
• Bachelor’s degree required.

Nice To Haves

• Exposure to vendor valuation libraries and applications (e.g., Numerix, Calypso, FinCad).
• Working knowledge of Python is a strong plus.
• Familiarity with Java is a plus.
• CFA Institute Claritas Certificate, CFA Charter, or progress toward one is considered an asset.

Responsibilities

• Act as the lead business analyst for the risk platform, with a focus on risk modeling, valuation, and reporting capabilities.
• Partner with the Global Risk & Analytics team to understand risk methodologies and translate them into functional and technical requirements.
• Lead initiatives to enhance risk data quality, model transparency, and system robustness.
• Collaborate with technology teams to ensure timely and accurate delivery of risk-related features and enhancements.
• Support production systems and act as a subject matter expert for risk-related inquiries and issue resolution.
• Coordinate with internal stakeholders and external vendors during testing, validation, and implementation phases.
• Maintain comprehensive documentation of business requirements, functional specifications, and support procedures.
• Drive continuous improvement in risk workflows, data integration, and user experience.

Benefits

• 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.
• Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families , and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally.
• Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees