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Type of Role: Investments

Experience Level: VP/Principal/Director

Location: Boston, Massachusetts

Salary: $100K - $225K

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.

Wellington Management manages approximately $22 billion in hedge fund assets on behalf of our clients worldwide. Our Global Macro business is over $6 billion and rapidly growing. To ensure that we continue to exceed our clients’ investment expectations, we are seeking to recruit an experienced developed markets directional rates Portfolio Manager to join the team. The position is based in either New York or Boston.

This individual will be responsible for managing a significant alpha sleeve consistent with their stated philosophy and process, and within their area of specialization. Their alpha target will be available across the wider platform for incorporation in multiple client mandates, including macro funds and Multi Strat hedge funds. Wellington envisages this to be a long-term career opportunity that would allow and support a PM to take sufficient risk to make significant returns.

Our team and the broader investment platform is built on a philosophy that each investor is independently responsible for meeting their individual alpha targets, whilst also contributing to the broader investment dialogue and the success of others.  Actively sharing timely differentiated insights and participating in deep investment discussions and rich debate is not only encouraged but expected. It is important that all PMs be a part of creating a positive, rigorous, best in class investment culture that develops & nurtures talent within the team.

Responsibilities will include:
•    Manage a meaningful discretionary rates alpha sleeve target as a member of the Global Macro team
•    Contribute to the global macro and broader firm investment dialogue and debate
•    Support our investor relations and client groups to further grow assets and build client demand
•    Mentorship of high potential talent within the team

Qualifications and characteristics include:
•    A minimum of 5 years of PM experience managing meaningful assets in developed market rates with a demonstrated ability to scale risk and an attributable investment track record
•    Strong investment philosophy and repeatable process for decision making, portfolio construction and risk management
•    Fiduciary, relentlessly focused on client outcomes with the highest personal and professional integrity and ethics
•    Demonstrate excellent communication and interpersonal skills, and a collaborative and inclusive work ethos
•    Be able to work both independently and as part of a global team
•    Self-reflective and focused on constant improvement in both skills and decision making
•    Strong academic credentials, ideally including a post-graduate or professional qualification

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


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:

USD 100,000 – 225,000

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.  Examples of our benefits include retirement plan, health and wellbeing, dental, vision, 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)