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Home Flexible Job Board Treasury Operations Co Op

$19–35/hr 8d ago

Treasury Operations Co Op

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Wellington Management

Boston, MA, US

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Summary

The Co-op supports daily cash reconciliation, forecasting, and management reporting within the Corporate Treasury department. They also assist with bank account management, foreign exchange hedging, and various ad hoc treasury projects.

Job Description

About Us

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.

About the Role

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- matter expertise. 

THE POSITION 

The Co-op within Corporate Treasury is responsible for supporting daily cash reconciliation and forecasting activity, management 

reporting, and other ad hoc treasury projects as part of the firm’s internal cash management activities. 

The Co-op will work closely with all team members to provide assistance with the routine daily responsibilities and the weekly/monthly recurring activities related to cash management. Additionally, the Co-op will have exposure to many aspects of Corporate Treasury including foreign exchange hedging, investing, and bank account management. 

RESPONSIBILITIES 

To assist the Treasury team with operational functions which may include, but are not limited to: 

  • Reconcile cash accounts and project cash activity 

  • Assist with daily global cash positioning 

  • Maintain treasury operations files 

  • Assist in the resolution of inquiries and investigations 

  • Deposit various checks to bank, as needed 

  • Prepare the weekly/monthly cash position report 

  • Attend monthly bank calls 

  • Assist with special projects and ad hoc reporting 

QUALIFICATIONS 

The ideal candidate will be working towards obtaining an undergraduate degree in accounting or finance. Prior Co-op experience in the financial services industry is preferred. Key skills and attributes include: 

  • A strong work ethic and a willingness to learn 

  • Proven organization and attention to detail 

  • Ability to thrive in a fast-paced environment with strict deadlines 

  • Maturity due to confidential nature of responsibilities 

  • Adaptable to changing circumstances 

  • Proficient with Microsoft Excel including basic formula functions, pivot tables, and v-lookups. Confident working with Microsoft Word and PowerPoint. 

  • Excellent written and verbal communication skills 

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. 

Only Northeastern University students are eligible for this program.

Not 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 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 [email protected].

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 hour

This 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.

About the company

Wellington Management

For almost 100 years, we have chosen to do things differently, including the way we structure our ownership model, organization, and investment platform. Critically, we know that the best investment ideas are found when a diverse workforce is encouraged to bring forward unique perspectives.

Wellington Management is one of the world’s largest independent investment management firms, serving as a trusted adviser to over 2,400 clients in more than 60 countries. We manage more than US$1 trillion for pensions, endowments and foundations, insurers, family offices, fund sponsors, global wealth managers, and other clients.

We offer comprehensive investment management capabilities that span nearly all segments of the global capital markets, including global equity, fixed income, currency, commodity, alternatives, and private markets. Leveraging more than 900 investment professionals located in offices around the world, we combine independent insights across asset classes, skill sets, and investment disciplines to uncover ideas for our clients, because we believe collaboration is a rare, repeatable competitive edge.

This independent structure and collegial culture are two of the main reasons investment professionals join Wellington Management — and stay for their entire careers.

For current open opportunities, please visit www.wellington.com/joinus

We are an equal opportunity employer and are committed to having a diverse workforce. Please visit http://www.wellington.com to learn more about our firm.

Important disclosure: https://www.wellington.com/en/important-disclosure

Wellington will not send unsolicited communications and investment opportunities initiated through social media platforms. Wellington does not perform business transactions, payment requests, or direct interactions through social media platforms. Please visit https://www.wellington.com/en/legal/privacy-notice for more information.

Founded

1933

Company size

1,001-5,000 employees

Industry

Investment Management

Org type

Privately Held

Headquarters

Boston, Massachusetts

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About the company

Wellington Management

For almost 100 years, we have chosen to do things differently, including the way we structure our ownership model, organization, and investment platform. Critically, we know that the best investment ideas are found when a diverse workforce is encouraged to bring forward unique perspectives.

Wellington Management is one of the world’s largest independent investment management firms, serving as a trusted adviser to over 2,400 clients in more than 60 countries. We manage more than US$1 trillion for pensions, endowments and foundations, insurers, family offices, fund sponsors, global wealth managers, and other clients.

We offer comprehensive investment management capabilities that span nearly all segments of the global capital markets, including global equity, fixed income, currency, commodity, alternatives, and private markets. Leveraging more than 900 investment professionals located in offices around the world, we combine independent insights across asset classes, skill sets, and investment disciplines to uncover ideas for our clients, because we believe collaboration is a rare, repeatable competitive edge.

This independent structure and collegial culture are two of the main reasons investment professionals join Wellington Management — and stay for their entire careers.

For current open opportunities, please visit www.wellington.com/joinus

We are an equal opportunity employer and are committed to having a diverse workforce. Please visit http://www.wellington.com to learn more about our firm.

Important disclosure: https://www.wellington.com/en/important-disclosure

Wellington will not send unsolicited communications and investment opportunities initiated through social media platforms. Wellington does not perform business transactions, payment requests, or direct interactions through social media platforms. Please visit https://www.wellington.com/en/legal/privacy-notice for more information.

Founded

1933

Company size

1,001-5,000 employees

Industry

Investment Management

Org type

Privately Held

Headquarters

Boston, Massachusetts

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