Stewardship Manager

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 POSITION The goal of Wellington's stewardship activities is to support decisions that we believe will deliver sustainable, competitive investment returns for our clients. As an integral part of our fiduciary responsibility, we engage with issuers and exercise our voting rights with the goal of achieving favorable outcomes that enhance the value and reduce the financial risk of our clients' investments. Through two-way dialogue, we encourage companies to adopt standards for governance and sustainability practices that can enhance resilience and profitability. We believe that with informed, active ownership, we can improve corporate behavior and further best practices on issues material to client outcomes. In a newly created role for Wellington Management, the Stewardship Manager will plan, manage and coordinate the execution of investment engagement activities across research-led focus areas and portfolio commitments to efficiently and effectively capitalize on Wellington's unparalleled access to companies. Additionally, this person will play an important role in supporting our proxy voting activities and evolution of our stewardship capabilities. This position requires strong skills in communication and collaboration, problem solving and analytics, and an operational and technical mindset. The position will report to the Chief Operating Officer of the Sustainability Group. RESPONSIBILITIES Essential responsibilities and expectations of the Stewardship Manager include, but are not limited to: Coordinating the full lifecycle of the Firm's investment engagements o Aggregating on a continual basis investment research-led issuer engagement priorities and portfolio/client commitments o Creating a centralized database to track and monitor progress against those priorities o Establishing an efficient and impactful engagement coordination plan, through close collaboration with members of the Sustainability Group, Portfolio Managers and investment research teams o Overseeing progress by providing quarterly status updates, following up with investors leading engagements and ensuring proper documentation o Suggesting engagement escalation plans as needed to advance financially material outcomes, including reinforcing engagement objectives through proxy voting and letter writing o Articulating engagement progress by leveraging the Wellington's centralized engagement tracking system to author engagement case studies for Firm-level reporting Providing critical back-up support for proxy voting processes year around and especially during peak season, in close partnership with the Proxy Voting Manager, to ensure all accounts are voted in accordance with Wellington's proxy voting guidelines Staying abreast of industry best practices and evolving client expectations on investment stewardship and partnering with investment professionals to advance their understanding Working cross-functionally to strengthen processes and tools to seamlessly enable documentation, measurement and reporting of engagement activities Measuring and communicating how our stewardship efforts improve client outcomes, including establishing and maintaining investment stewardship key performance indicators (KPIs) Engaging with clients and external bodies as needed on stewardship related topics Contributing to the Firm's Sustainability Report, third-party evaluator inquiries, and key industry initiatives QUALIFICATIONS/SKILLS The successful candidate will have some of the following: 5-10+ years' relevant professional experience; preferably with some asset management industry experience and exposure to investment stewardship activities, ESG or sustainability Communication & collaboration o Strong interpersonal skills and a proven ability to collaborate cross-functionally, and importantly with investment professionals o Excellent written skills to contribute to Firm-level reporting and provide progress updates o Ability to listen, connect and translate the needs of different stakeholders into effective processes/tools Problem-solving and analytical capabilities o A high degree of self-motivation, a roll up your sleeves mentality, and ability to set priorities and execute to achieve them o Strong problem-solving and analytical capabilities, including the ability to identify, research and resolve unfamiliar issues o Capacity to assess and synthesize large amounts of disparate information o Self-motivated and works well independently; capable of taking initiative without prompting Operational & technical mindset o Experience managing complex processes through effective use of technology o Knowledge and proven experience with data analysis, dashboard creation & visualization tools ideally with familiarity of Tableau/PowerBI, Python, SQL and other tools to enable prototyping and solutioning o Strong controls mindset to effectively manage execution risks o Ability to think holistically and identify opportunities for process efficiency improvements o Strong attention to detail and well organized; ability to prioritize, multi-task and work well under pressure LOCATION The Corporate Sustainability Manager will be based in Wellington's office in Boston, MA (280 Congress Street) #LI-CF1 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 r ace, 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 . 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 100,000 - 225,000 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) Tracing our history to 1928, Wellington Management is one of the world's largest independent investment management firms. We serve as a trusted adviser to clients in over 60 countries, visit our website to see our assets under management. 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. For more information, please visit (

Created: 2024-11-02