Research Associate, Consumer

Wellington Management•Boston, MA

6d•Hybrid

About The Position

Wellington Management is seeking an Equity Research Associate to join its Global Industry Research Consumer Team. The associate will work closely with a senior Global Industry Analyst to support coverage of the consumer staples sector, drawing as appropriate on broader consumer-sector knowledge, including consumer discretionary, retail, brands, restaurants, and leisure. The role focuses on fundamental company and industry research, financial modeling, valuation, analysis of traditional and alternative data, due diligence, and contribution to long and short investment idea generation. The associate will maintain industry and comparative valuation models and build company financial models focused on revenue growth, margins, pricing, market share, channel mix, inventory trends, cash flow, and other consumer staples drivers. They will assess category growth, competitive positioning, brand strength, consumer demand, pricing power, distribution strategy, and execution risks. The role also involves analyzing company results and a wide range of industry, consumer, channel, operational, and alternative datasets; conducting ongoing due diligence across global consumer staples; and completing complex analytical projects using alternative data, AI, and other tools under tight time constraints. The successful candidate will stay current on company, industry, macroeconomic, and consumer developments and communicate investment views clearly in writing and verbally. Wellington describes its compensation as including salary, variable compensation, and benefits; eligible employees may also receive discretionary corporate bonuses and/or incentives. The role is based in Boston. Employees work from the office four days a week, with flexibility to work remotely one day a week.

Requirements

At least 2 years of relevant investment or equity research experience.
Strong financial modeling skills, including experience with consumer-company valuation frameworks and revenue, margin, cash flow, balance sheet, and return-profile drivers.
Strong data and technology skills, including experience using AI and tools to screen, rank, and analyze large stock universes.
Ability to analyze company, industry, consumer, macroeconomic, channel, and alternative datasets.
Strong understanding of financial drivers such as revenue, margins, pricing, market share, unit economics, working capital, and cash flow.
High intellectual curiosity and willingness to engage deeply with company, industry, consumer, macroeconomic, competitive, operational, and financial materials.
Sound judgment, strong work ethic, and the highest level of personal and professional integrity.
Ability to work independently and make decisions amid uncertainty.
Strong organizational skills and attention to detail.
Excellent written and verbal communication skills.
Undergraduate degree required.
Superior academic credentials.

Nice To Haves

Experience analyzing consumer staples companies; experience in consumer discretionary, retail, brands, restaurants, leisure, or related consumer companies is also relevant.
Experience with consumer-company revenue drivers, market share, margins, channel dynamics, consumer behavior, and industry datasets.
Business, economics, finance, accounting, data science, marketing, statistics, or another analytical academic background.
Progress toward CFA or CAIA levels.

Responsibilities

Maintain industry and comparative valuation models for consumer staples companies, incorporating relevant broader consumer-sector read-throughs.
Build and maintain company financial models focused on revenue growth, margins, pricing, market share, channel mix, inventory trends, cash flow generation, and other sector-specific drivers.
Assess category growth, competitive positioning, brand strength, consumer demand, pricing power, distribution strategy, and execution risk across staple categories and adjacent consumer end markets.
Analyze company results, industry data, consumer spending trends, point-of-sale and channel data, web traffic, app engagement, foot traffic, supply chain indicators, and other datasets to evaluate fundamentals and competitive dynamics.
Perform ongoing due diligence across the global consumer staples landscape and identify emerging investment opportunities and key risks.
Execute complex analytical projects using alternative data, AI, and other tools under tight time constraints.
Stay abreast of company, industry, macroeconomic, and consumer materials, including earnings releases, management commentary, industry conferences, retail data, brand developments, input-cost trends, and regulatory or policy changes.
Contribute to idea generation across long and short investment opportunities.
Communicate investment views clearly in writing and verbally and participate in constructive investment dialogue.
Take ownership of research responsibilities, identify opportunities proactively, and deepen expertise while contributing to the team’s investment process.

Benefits

Retirement plan
Health and wellbeing coverage
Dental coverage
Vision coverage
Pharmacy coverage
Health savings account
Flexible spending accounts
Commuter program
Employee assistance program
Life insurance
Disability insurance
Adoption assistance
Back-up childcare
Tuition/CFA reimbursement
Paid time off, including leave of absence, paid holidays, volunteer, sick, and vacation time
Salary and variable compensation; eligible employees may receive discretionary corporate bonus and/or incentives