Principal, Business Analyst

Principal Business Analyst – Risk Technology

Location:

Boston. Team:
Risk Technology. This role is part of the Risk Technology team responsible for delivering and supporting mission‑critical platforms for Wellington’s Fixed Income investors and the Global Risk & Analytics team.

The position requires deep domain expertise in risk management, strong analytical and communication skills, and a capability to drive the evolution and support of the flagship risk system that supports complex risk modeling, valuation, and scenario analysis.

• Act as the lead business analyst for the risk platform, focusing on risk modeling, valuation, and reporting capabilities.
• Partner with the Global Risk & Analytics team to understand risk methodologies and translate them into functional and technical requirements.
• Lead initiatives to enhance risk data quality, model transparency, and system robustness.
• Collaborate with technology teams to ensure timely and accurate delivery of risk‑related features and enhancements.
• Support production systems and act as a subject matter expert for risk‑related inquiries and issue resolution.
• Coordinate with internal stakeholders and external vendors during testing, validation, and implementation phases.
• Maintain comprehensive documentation of business requirements, functional specifications, and support procedures.
• Drive continuous improvement in risk workflows, data integration, and user experience.

• Minimum 10 years’ experience as a business systems analyst in financial services, focusing on risk management.
• Practical understanding of financial instruments including stocks, bonds, swaps, options, futures, forwards, asset‑backed securities, and mortgages.
• Strong knowledge of fixed‑income risk analytics (duration, convexity, spread measures, scenario analysis).
• Practical understanding of derivatives valuation and risk management approaches.
• Experience working with risk and analytics vendors (e.g., Yield Book, Bloomberg, Point).
• Exposure to vendor valuation libraries and applications (e.g., Numerix, Calypso, Fin Cad).
• Experience with investment data concepts such as holdings, transactions, security master, analytics, and performance.
• Excellent written and verbal communication skills.
• Strong analytical and problem‑solving skills with high attention to detail.
• Proven ability to build strong relationships with business partners and drive consensus across teams.
• Experience writing requirements, functional specifications, use cases, and test plans.
• Creative, innovative, and focused on continuous improvement.
• Self‑motivated and able to thrive in a fast‑paced, result‑oriented environment.
• Ability to work independently and demonstrate ownership of outcomes.
• Hands‑on knowledge of SQL and relational database technology; working knowledge of Python (strong plus); familiarity with Java (plus).
• Experience supporting critical production applications.
• Solid understanding of the software development life cycle.
• Bachelor’s degree required. CFA Institute Claritas Certificate, CFA Charter, or progression toward one is considered an asset.

Base salary range: USD 120,000 – 225,000. Additional components include discretionary corporate bonus and/or incentives, if eligible. A comprehensive benefit package includes 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).

Wellington Management is an equal opportunity employer. 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 GMWTa