Assistant Vice President; AVP), Private Investment Services

Join to apply for the Senior Private Investment Services Analyst role at Wellington Management

Join to apply for the Senior Private Investment Services Analyst role at Wellington Management

Get AI-powered advice on this job and more exclusive features.

About Us

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

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 2024, 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

Overview

The Private Investment Services Analyst will be responsible for the execution and management of all operational related activities within the private deal approval process, deal execution/settlement, and lifecycle management (IPO, restriction tracking, corporate actions, & liquidity events). They will play an integral role in the coordination amongst functional groups when material events occur, and oversight of private placement vendors and other outsourced functions.

Additionally, the Analyst will direct the enhancement of existing processes, oversee the implementation and enhancement of supporting technology, and maintain relationships with external vendors

Responsibilities

Primary responsibilities:

• Execute all components of the private deal lifecycle, with a primary focus on deal approval and pre/post execution process, lifecycle events, IPO and liquidity exits, and corporate actions
• Coordinate all aspects of the deal approval & lifecycle management processes directly with private Issuers, as well as internal teams, in particular: internal and external Legal Counsel, Investors, Trading, Fund Services & Business, Valuations, and back-office teams
• Analyze legal documentation related to private transactions to operationalize each deal in which we invest, such as:
  Stock Purchase Agreements, Credit Agreements, Subscription Agreements, Merger Agreements, etc.

• Track deal covenants, restrictions, and position changes for new and existing deals, especially during security creation and lifecycle events
• Coordinate activities when an impactful event has been identified such as IPOs, cleaning of restricted shares, SEC registration, corporate actions, and distributions
• Review and resolve discrepancies on reconciliation reports - cash/position/security master – to ensure the investment book of record is in good order daily
• Adapt and evolve processes, controls, workflows, and systems to support new private funds and new asset classes.
• Ensure stakeholders receive consistent, timely and accurate communication for operational events associated with private placements
• Support data needs for all functional teams involved in the private process, in particular, for performance and internal/LP reporting