2020 Summer Intern 2020 Summer Intern …

Wellington Management Company, LLP
in London, England, United Kingdom
Permanent, Full time
Last application, 30 Mar 20
Competitive
Wellington Management Company, LLP
in London, England, United Kingdom
Permanent, Full time
Last application, 30 Mar 20
Competitive
2020 Summer Intern
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.

POSITION
The Company
Wellington Management is one of the world's largest independent investment management companies, with over US$1 trillion in assets under management. The firm's only business is investment management and its mission is to exceed the investment objectives and service expectations of its clients worldwide. Our private partnership model allows us to act in the best interests of our clients at all times, and our distinct motto "Client Firm Self" is embedded throughout the firm. The culture at Wellington Management makes us truly unique within the Investment Management industry. We are open, collaborative, performance driven, professional and collegial. We have high standards coupled with strong ethics/integrity and we encourage diversity and inclusion globally. As an Equal Opportunity Employer, we welcome people with diverse life experiences, fresh ideas, and specialised subject-matter expertise.

Wellington Management is a great place to learn about a career on the buy-side. Our strong culture of being non-hierarchical, informal, and entrepreneurial has led to low turnover in our investment groups and strong mentorship with seasoned investors.  We take our work seriously, but not ourselves. Wellington Management seeks excellence in the people we employ and the products and services we offer. We seek to be a leader, an innovator and symbol of integrity in the investment management industry.  

The Position
As an Investment Research intern within our London office, you will assist investors in conducting independent investment research while gaining in-depth exposure to the investment industry and our firm.  The internship will last between 10 - 12 weeks.

There are four primary components to the summer internship experience: (1) project for an investment team, (2) access to investors and business leaders across the firm to better understand our firm and its culture, (3) in-depth exposure to the investment industry, and (4) feedback and mentorship.

1.  Investment project

Projects are sourced from multiple areas in the investment division, including Global Industry Research and Portfolio Management across both Fixed Income and Equity.  The origin and nature of the work will be based on the analytical needs of our investors and will mimic the work of our full-time Research Associates (the post undergraduate investment role at Wellington).  At the end of the summer, you will be given an opportunity to share and present your work in a small group forum.

Examples of previous projects include:

Exploring the market size and growth potential of the Chinese lodging industry

Understanding the private sales business model and market for online flash sale and coupon retailers such as Hautelook, RueLaLa, Gilt and Groupon

Studying the municipal finance market to determine funding vulnerabilities at the state and local level

Evaluating investment opportunities in the for-profit education industry in light of changing government regulation

Developing a framework for evaluating valuations of gold miner equities relative to the gold commodity price

Creating a currency hedging strategy for a multi-asset portfolio

                 

2. Getting to know our firm

Through a series of interactive brown bag lunches and other forums you will interact with and be exposed to seasoned investors throughout the Wellington organisation.  Through this exposure you will both build your network, and discover what makes the Wellington experience unique.

3. Immersion into the world of investing 

You will have the opportunity to develop and deepen your investment knowledge by attending company management meetings, participating in stock simulations, accessing the firm's proprietary research notes and observing our daily investor Morning Meeting.

4.  Mentorship and feedback

You will receive training throughout the summer to develop the skills required for this internship and a potential career in investment management.  This will be through a combination of in-house sessions along with continued support through strong mentorship.  Summer interns will partner with a Research Associate as well as a more senior investor who will provide support and feedback. We seek to develop interns and early career hires through an apprenticeship model, by offering extensive one-on-one interaction with more senior investors.

Qualifications
The Undergraduate Internship is a global program that targets the underrepresented populations of women and people from ethnically diverse backgrounds. We are looking for interns who are inquisitive, interested in manipulating both structured and unstructured data and using creative thinking and computational methods to answer questions. Strong candidates will also have a demonstrated ability to take risks, self-initiative, and the ability and interest to learn both independently and from peers. You should be resourceful, detail-orientated and possess a strong work ethic.. An economics or finance degree is not a prerequisite and no previous investment or finance experience is required.  However, candidates should be proficient with Excel and have an interest in exploring a career in finance as well as hands-on technical skills and advanced skill in at least one programming language (e.g., Python, R, Spark, Java, C++/C). Additionally, experience working with probability, statistics, time-series and cross-sectional analysis will be viewed favorably. As a successful internship can lead to a full-time offer for our Investment Graduate Programme, students in their penultimate year of study are encouraged to apply.  

Application Process
To be formally considered for the 2020 Summer Internship, please apply directly on our external career page: https://www.wellington.com/en/careers/ (click "view jobs" under careers)

Please note that we are only able to respond to successful applicants.

Wellington Management Company, LLP is committed to providing equal employment opportunities for all qualified persons without regard to race, color, sex, sexual orientation, age, religion, nationality, ancestry, handicap, or veteran status.  

JOB TITLE
2020 Summer Intern

JOB FAMILY

LOCATION
London

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 GMCANINQ@wellington.com .
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