Portfolio Accounting Specialist Portfolio Accounting Specialist …

Wellington Management Company, LLP
à Londres, Angleterre, Royaume-Uni
CDI, Plein-temps
Dernière candidature, 22 août 19
Wellington Management Company, LLP
à Londres, Angleterre, Royaume-Uni
CDI, Plein-temps
Dernière candidature, 22 août 19
Portfolio Accounting Specialist

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 is one of the world's largest independent investment management firms. With over US$1 trillion in assets under management as of 30 June 2018, 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 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, and inclusive culture 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.


Portfolio Services provides each of Wellington's investment teams with the data, controls, and support they need to ensure that their investment intent is accurately reflected in portfolios in accordance with client, regulatory and operational requirements. 

Portfolio Accounting manages, and is responsible for the integrity of the books and records of Wellington including reconciliation with our client's custodians to ensure we can provide comprehensive, accurate and transparent information to the firm.  The integration of Portfolio Accounting with our investment capabilities provides investors transaction detail behind changes in positions, and a consolidated view of cash for more informed investment decisions.  The team works closely with Portfolio Implementation, Performance, Client Service, Trading, Derivatives Operations, and Information Technology.


The Portfolio Accounting Specialist has oversight of our outsourced reconciliation vendor; is responsible for execution of the reconciliation process for client accounts that cannot be outsourced; and manages high priority exceptions requiring escalation with custodians. This individual will work with peers in Portfolio Accounting to continuously improve our accounting capabilities.

Primary responsibilities:

Compare the results of transaction, position, market value exceptions escalated to Wellington and follow through to resolution with client custodians and internal Wellington teams; identify the root cause of those exceptions

Manage projects related to the root cause of escalated cash and position exceptions; monitor trends and build a case for change - data or workflow

Point of escalation for exception resolution with client custodians and internal Wellington teams

Evaluate the reconciliation vendor exception identification process and suggest improvements and changes that reduce risk and exception volume

Partner with IT to define and improve technology solutions, including participating in user acceptance testing

Strengthen and improve control environment by documenting running rules, procedures and establish policies for exception resolution with the reconciliation vendor and/or the internal Wellington teams

Develop robust knowledge of Wellington data, accounting practices and security representation and how these interact with external parties in support of accurate books and records for the portfolio management process

Manage client and audit queries, including client due diligence materials and meetings

Remain flexible with own job responsibilities and help define the evolving roles within the team


The successful candidate for this position is likely to have:

A Bachelor's degree

Extensive experience in the financial services industry, preferably in a portfolio or fund accounting role

•E xperience working with, and accounting for, derivatives and synthetic exposures, fixed income and a broad knowledge of capital markets

Technical skills: SQL, Microsoft Excel (look-up, pivot tables and if/else statements)

•The ability to be i nquisitive and comfortable challenging the status quo

Excellent business judgement and able to communicate effectively with peers

Strong organizational skills and an ability to manage assignments with competing priorities

•The w illingness to work both independently and as a member of a team

Portfolio Accounting Specialist

Portfolio Services


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 .