Fixed Income Associate Jobs in Salem, MA (NOW HIRING)

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 Group LLP is one of the world's largest independent investment management firms. With over US$1.3 trillion in assets under management, we serve as a trusted adviser to institutional clients and financial intermediaries in over 50 countries. Our innovative investment solutions are built on the strength of proprietary, independent research and span nearly all segments of 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 culture of inclusivity 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.
Job Description
As a member of the Legal & Compliance group, the Legal Associate will support the firm's public capital market investment activities by reviewing, negotiating, and implementing investment-related agreements and analyzing legal and commercial issues that arise in these contexts. The position also involves improving contracting processes and supporting the implementation of technology solutions, including AI tools, to enhance the efficiency of legal workflows.
Responsibilities

• Primarily assist with contracting and documentation for support of Wellington's Investment Platform including documentation for fixed income and equity transactions, derivatives and non-disclosure agreements.

• Serve as the primary point of contact for the Public Markets Legal team and investment professionals.

• Collaborate with other members of the Legal team as necessary in connection with contracting work.

• Assisting with complex issues arising on documentation and helping to establish controls and processes where required.

• Support the development and implementation of technology solutions in relation to the contracting process, including AI and Microsoft Suite Power Apps.

• Contribute to the development and improvement of legal processes, design and efficiency.

Qualifications
The successful candidate is likely to have:

• Bachelor's degree in political science, Government, Economics, Finance, or a related field of study
• 1-2 years' experience in a legal or contracting function at an asset manager, financial institution, or large corporate, and experience in technology applications
• Interest in the implementation of legal technology and process design and improvement
• Good business judgement and strong collaboration skills
• A pragmatic and risk aware approach to contracting, coordination, and collaboration within the Legal team and wider business
• Proven written and verbal communication skills, including the ability to effectively distill and communicate complex issues in a dynamic environment
• The character and ability to work independently and collaboratively in a team environment
• Language skills would be a positive but is not a requirement
• Qualification as a lawyer is not a requirement for consideration for the role

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:
USD 80,000 - 150,000
This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.
Base salary is only one component of Wellington's total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and 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)
We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.