Global Third Party Risk Co Op
Wellington Management · Boston, United States · 9d ago
WELLINGTON MANAGEMENT
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 50 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.
The Company
Tracing our roots to 1928, Wellington Management Company, LLP (WMC) is one of the world’s largest independent investment management firms. With over $1 trillion in assets under management, we serve as a trusted adviser to institutional clients and mutual fund sponsors in over 60 countries. Our innovative investment solutions are built on the strength of proprietary, independent research and span nearly all segments of the global capital markets, including equity, fixed income, multi-asset, and alternative strategies. As a private partnership whose sole business is investment management, our long-term views and interests are aligned with those of our clients. We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative culture of inclusivity because we believe multiple perspectives lead to more informed investment and business decisions. As an Equal Opportunity Employer, we welcome people with diverse life experiences, fresh ideas, and specialized subject-matterexpertise.
The Position
The Co-Op will primarily support the global third-party risk team with risk assessments, data validation, platform enhancements and the overall process of on-boarding vendors and maintaining compliance with regulatory requirements. The Co-Op will also support the team in collaborating with business partners globally. As part of the broader Enterprise Risk Management group, the Co-op may be asked to help with projects (including business resilience or corporate insurance) that impact the broader risk framework for the firm and interact with internal and external partners globally.
Responsibilities
Assist in responding to client/prospect inquiries concerning third party risk.
Support the roll out of any new tools and/or processes, and assist in formally documenting processes, roles and responsibilities.
Assisting in the on-boarding of new relationships, the on-going review of existing relationships and triaging risk relatedissues.
Supporting the Third-Party Risk Management program (TPRM) and its relationships on a daily basis, including involvement in all areas of the vendor lifecycle (on-boarding, periodic monitoring of existing relationships, risk assessments, and termination) and maintenance of the firm’s vendor inventory and associated data.
Working directly with the firm’s subject matter experts (SMEs) and Enterprise Sourcing, business groups and/or vendors to efficiently monitor and track assessments through each phase of the review process, ensuring assessments are appropriately completed and necessary documentation is on file, reviewing vendor risk assessment results and helping track and resolve identified issues.
Performing other third party, business resilience and corporate insurance oversight tasks as necessary to support and enhance the programs.
Qualifications
Working in this role requires a high degree of organizational and problem-solving skills as well as the ability to work independently.The successful candidate must be self-motivated and detail-oriented, with an ability to prioritize ongoing and time sensitive goals.Further, the successful candidate for this role will possess a high degree of professionalism and have an eagerness to learn, an interest in various aspects of risk management and/or law and work well as part of a team.
Strong academic credentials are required. Candidates should be proficient in Microsoft Excel, PowerPoint, and Word and possess excellent written and verbal communication skills.Data analytics and familiarity with using AI tools a plus.
Only Northeastern University students are eligible for this program.
Please note:This co-op position entails cross-training to ensure optimal performance across functions. The anticipated start date for accepted candidates is December 2026/January 2027.
JOB TITLE
Global Third Party Risk Co OpLOCATION
280 CongressNot sure you meet 100% of our qualifications? That’s 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 considers all qualified applicants will receive 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 GMWTalentOperations@wellington.com
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. The base salary range for this position is:
$19-$35 per hourThis 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 salary is only one component of Wellington’s 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 absence, paid holidays, volunteer, sick and vacation time).
We believe that in person interactions inspire and energize our community and are essential to our culture. In 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.