Equity Research Analyst, Climate

at  Wellington Management

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

POSITION

We are seeking to recruit an Equity Research Analyst to join one of our established Equity Portfolio Management teams, within our Sustainability Group. The Climate Strategy team manages a Climate mandate in excess of $1bn in AUM, with a focus on investing in companies that are engaged in climate risk and mitigation or adaptation. Located in either London or Boston, this Analyst will focus on analyzing global stocks across geographies and industries. They will be responsible for in-depth company and industry analysis (with exact coverage to be determined depending on background and experience), and work as a part of a collaborative team.

ESSENTIAL SKILLS

The following essential skills are required for the role:
Investment acumen, passion and flexibility – the Analyst will have a passion for climate investing, and understanding of the global equity markets. The ability to identify mispricing and valuation discrepancies across the style spectrum is required, along with strong philosophy, process and risk management discipline. The Analyst must exhibit a fundamental, research oriented, bottom-up approach, and be able to implement ideas through an analytical framework. Prior evidence of successful stock recommendations is essential.
Strong collaboration and influencing skills – the successful candidate will be energized by being an individual contributor within a tight-knit, collaborative team, and will embrace the benefits of overlapping lines of company coverage and idea generation across the firm. The ability to communicate (both verbally and in writing) action-oriented opinions clearly and with conviction, and to contribute to an open investment dialogue, is important.
Growth mindset – the flexibility and openness to continue learning, evolving and growing as an investor is required. The Analyst will have a broad market perspective and flexible investment mindset, allowing them to identify value creation opportunities across industries and geographies.

OTHER QUALIFICATIONS

Additional qualifications and characteristics are likely to include:

• A minimum of 10 years of relevant experience as an Equity Analyst, ideally including experience working on Climate-oriented portfolios;
• Deep understanding of key alpha drivers and concepts across climate risk, mitigation and adaptation
• Strong bottom-up, fundamental approach to research;
• Self-awareness and self-confidence to be comfortable ‘being wrong’;
• Strong work ethic and attention to detail;
• Demonstrated track record of stock picking success;
• Strong interpersonal skills and experience in a collaborative, results-oriented environment;
• Strong academic credentials, ideally including a postgraduate or professional qualification (e.g. MBA or CFA / CAIA).

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

Key responsibilities will include, but are not limited to, the following:

• Generate successful long-term, investment ideas and provide constant monitoring of positions. The successful candidate will develop unique research insights to arrive at well supported investment conclusions for inclusion in various strategies;
• Conduct proprietary research based on data gathered from company filings, company management meetings, and independent research sources to build conviction;
• Cover multiple industries and analyze stocks across the style spectrum (growth to value), maintaining oversight of existing holdings and recommending new securities;
• Build multi-year financial models to determine appropriate valuations under various scenarios;
• Manage daily risk dashboard with updated portfolio risk metrics based on position changes and trades;
• Work closely with a small tight-knit team, sharing ideas and offering feedback while also leveraging broader resources across Wellington’s Investment Platform;
• Apply commercial acumen, including the ability to represent the portfolio with clients and prospects.