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.
We are seeking a highly motivated and results-driven Associate to join our Private Climate Investing Team. The Climate Innovation Fund (CIF) is a growth stage fund investing in companies developing solutions that help mitigate and/or adapt to climate change typically at the Series B-D stage. The investment strategy spans a broad set of sectors including energy buildings smart cities industrial efficiency/automation transportation and mobility and food and agriculture typically with asset-light tech-enabled solutions involving software software-enabled hardware and data/AI.
The Associate will be involved in all aspects of the deal process and will work directly with our senior investment team to assist in the sourcing diligence and management of portfolio companies. The ideal candidate will be a self-directed hard-working team player who is passionate about both private investing and climate. This is a great opportunity for someone looking to join an experienced team and gain the foundations of venture investing and establish a career in VC with potential to progress in Wellingtons Private Investing platform.
ESSENTIAL SKILLS
The following essential skills are required for the role:
Analytical acumen modeling research The ideal candidate will have strong financial modeling skills and demonstrated analytical capabilities and an eagerness to apply their expertise in support of CIF. The ability to synthesize disparate information during the diligence process identify the most important elements and translate findings into clear and concise materials is required. Proven expertise in market mapping and desktop research gained through prior professional experience.
Superior collaboration and influencing skills The Associate will be a self-directed hard-working team player who contributes to the investment efforts of the CIF Investing team. The successful candidate will enjoy contributing to a highly collaborative investment environment and will build strong trusting relationships internally with colleagues across the Private Investing Investment Research and Climate Research teams as well as externally with portfolio companies and co-investors.
Agility and flexibility The Associate should enjoy working in a fast-paced environment and will need the ability to move seamlessly across workstreams managing multiple projects and diligence streams simultaneously.
Relationship building Interest and desire to actively engage in the climate tech startup ecosystem including networking with strategic contacts attending industry events and conferences building a rapport with founders potential co-investors and engaging with leadership from CIF portfolio companies.
Excellent communication skills The ability to clearly communicate through verbal and written materials is critical when interacting with management teams collaborating with internal and external partners and drafting investment memos and other documents.
Passion The Associate will have an interest and curiosity for climate change impacts as well as in emerging technologies and the application of technology to address global challenges.
RESPONSIBILITIES
Responsibilities for this position will include the following:
Assisting with outbound market research and company mapping activities
Performing due diligence on prospective portfolio companies
Building and maintaining company financial models and other analysis on current and prospective investments
Drafting investment memos and participating in investment committee discussions
Attending target company management meetings and relevant industry conferences
Assist with quarterly and annual reporting needs for Limited Partners
Completing complex analytical projects under tight time constraints
OTHER QUALIFICATIONS
Additional qualifications and individual characteristics include:
Two to four years of prior experience preferably in investment banking consulting or venture capital; strong applicants with other relevant experience (e.g. investment management in public markets) will also be considered
Strong academic credentials and track record: an undergraduate degree is required
Strong collaborative nature including the ability to respectfully discuss and debate the merits and risks of potential investments with colleagues
Ability to leverage AI tools to accelerate market industry and company research summarize large data sets and identify patterns that enhance underwriting and monitoring workflows
Ability to organize manage and prioritize time well
Ability to work independently and make decisions in the face of uncertainty
Demonstrated analytical problem-solving ability
Sound judgment strong work ethic and highest personal and professional integrity
A growth mindset with the ability to receive and act on constructive feedback
A high degree of intellectual curiosity
Strong attention to detail
Not sure you meet 100% of our qualifications Thats ok. If you believe that you could excel in this role we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill workplace experiences and backgrounds.
As an equal opportunity employer Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race color sex sexual orientation gender identity gender expression religion creed national origin age ancestry disability (physical or mental) medical condition citizenship marital status pregnancy veteran or military status genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability or are assisting a candidate with a disability and require an accommodation to apply for one of our jobs please email us at .
At Wellington Management our approach to compensation is designed to help us attract inspire and retain the best talent in our 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. The base salary range for this position is:
USD 90000 - 180000This range takes into account the wide range of factors that are considered when making compensation decisions including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.
Base salaryis only one component of Wellingtons total compensation approach. 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 absencepaid holidays volunteer sick and vacation time)
We believe that in person interactions inspire and energize our community and are essential to our support of this commitment our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.
Required Experience:
IC
If Napoleon had met this Wellington, Waterloo would have taken on a whole new meaning: sound asset management. Wellington Management oversees investments for more than 2,000 institutional clients in some 50 countries. It has approximately $620 billion of assets under management. Clien ... View more