What are the responsibilities and job description for the Associate, Private Climate Investing position at Lensa?
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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
Wellington’s Private Investment platform (“PI”) currently manages over $8 billion in committed capital across a broad range of private equity and credit strategies including late-stage growth, climate growth, early-stage venture, real estate debt, and growth lending. We have built broad private market capabilities powered by the innovative spirit of a boutique and the resources and stability of a global investment manager. We aim to use our global scale, sector research, and market reach to help partner with innovative, disruptive companies in the private market. Our industry networks, deep insights, and our private and public markets expertise make us strong partners for entrepreneurs. As a fast-growing investment group within Wellington, PI provides an exciting opportunity for an early-career private investment professional to grow his or her skills and career.
THE POSITION
We are seeking a highly motivated and results-driven Associate to join our Private Climate Investing Team in New York. The Climate Innovation Fund (“CIF”) is a growth stage fund investing in companies developing solutions that help mitigate and/or adapt to climate change, typically at the Series B-D stage. The investment strategy spans a broad set of sectors including energy, buildings, smart cities, industrial efficiency/automation, transportation and mobility, and food and agriculture, typically with asset-light tech-enabled solutions involving software, software-enabled hardware, and data/AI.
The Associate will be involved in all aspects of the deal process and will work directly with our senior investment team to assist in the sourcing, diligence, and management of portfolio companies. The ideal candidate will be a self-directed, hard-working team player who is passionate about both private investing and climate. This is a great opportunity for someone looking to join an experienced team and gain the foundations of venture investing and establish a career in VC with potential to progress in Wellington’s Private Investing platform.
This position will be located in New York City.
Essential Skills
The following essential skills are required for the role:
Responsibilities for this position will include the following:
Additional qualifications and individual characteristics include:
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 GMWTalentOperations@wellington.com .
Benefits
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 65,000 - 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)
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. 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.
For more information, please visit https://www.wellington.com/en/ (https://www.wellington.com/en/about-us)
If you have questions about this posting, please contact support@lensa.com
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
Wellington’s Private Investment platform (“PI”) currently manages over $8 billion in committed capital across a broad range of private equity and credit strategies including late-stage growth, climate growth, early-stage venture, real estate debt, and growth lending. We have built broad private market capabilities powered by the innovative spirit of a boutique and the resources and stability of a global investment manager. We aim to use our global scale, sector research, and market reach to help partner with innovative, disruptive companies in the private market. Our industry networks, deep insights, and our private and public markets expertise make us strong partners for entrepreneurs. As a fast-growing investment group within Wellington, PI provides an exciting opportunity for an early-career private investment professional to grow his or her skills and career.
THE POSITION
We are seeking a highly motivated and results-driven Associate to join our Private Climate Investing Team in New York. The Climate Innovation Fund (“CIF”) is a growth stage fund investing in companies developing solutions that help mitigate and/or adapt to climate change, typically at the Series B-D stage. The investment strategy spans a broad set of sectors including energy, buildings, smart cities, industrial efficiency/automation, transportation and mobility, and food and agriculture, typically with asset-light tech-enabled solutions involving software, software-enabled hardware, and data/AI.
The Associate will be involved in all aspects of the deal process and will work directly with our senior investment team to assist in the sourcing, diligence, and management of portfolio companies. The ideal candidate will be a self-directed, hard-working team player who is passionate about both private investing and climate. This is a great opportunity for someone looking to join an experienced team and gain the foundations of venture investing and establish a career in VC with potential to progress in Wellington’s Private Investing platform.
This position will be located in New York City.
Essential Skills
The following essential skills are required for the role:
- Analytical acumen, modeling, research –The ideal candidate will have strong financial modeling skills and demonstrated analytical capabilities and an eagerness to apply their expertise in support of CIF. The ability to synthesize disparate information during the diligence process, identify the most important elements, and translate findings into clear and concise materials is required.
- Superior collaboration and influencing skills – The Associate will be a self-directed, hard-working team player, who contributes to the investment efforts of the CIF Investing team. The successful candidate will enjoy contributing to a highly collaborative investment environment and will build strong trusting relationships internally with colleagues across the Private Investing, Investment Research and Climate Research teams, as well as externally with portfolio companies and co-investors.
- Agility and flexibility – The Associate should enjoy working in a fast-paced environment and will need the ability to move seamlessly across workstreams, managing multiple projects and diligence streams simultaneously.
- Relationship building – Interest and desire to actively engage in the climate tech startup ecosystem, including networking with strategic contacts, attending industry events and conferences, building a rapport with founders, potential co-investors and engaging with leadership from CIF portfolio companies.
- Excellent communication skills – The ability to clearly communicate through verbal and written materials is critical when interacting with management teams, collaborating with internal and external partners, and drafting investment memos and other documents.
- Passion – The Associate will have an interest and curiosity for climate change impacts, as well as in emerging technologies and the application of technology to address global challenges.
Responsibilities for this position will include the following:
- Assisting with outbound market research and company mapping activities
- Performing due diligence on prospective portfolio companies
- Building and maintaining company financial models and other analysis on current and prospective investments
- Drafting investment memos and participating in investment committee discussions
- Attending target company management meetings and relevant industry conferences
- Assist with quarterly and annual reporting needs for Limited Partners
- Completing complex analytical projects under tight time constraints
Additional qualifications and individual characteristics include:
- Two to four years of prior experience preferably in investment banking, consulting, or venture capital; strong applicants with other relevant experience (e.g., investment management in public markets) will also be considered
- Strong academic credentials and track record: an undergraduate degree is required
- Strong collaborative nature, including the ability to respectfully discuss and debate the merits and risks of potential investments with colleagues
- Ability to organize, manage, and prioritize time well
- Strong financial modeling skills, confidence to build financial models from scratch and identify the correct drivers
- Market mapping and desktop research experiences in previous professional role
- Ability to work independently and make decisions in the face of uncertainty
- Demonstrated analytical, problem-solving ability
- Sound judgment, strong work ethic and highest personal and professional integrity
- Interest and ability to build network in start-up ecosystem including entrepreneurs, adjacent funds, accelerators, etc.
- A growth mindset with the ability to receive and act on constructive feedback
- A high degree of intellectual curiosity
- Strong attention to detail
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 GMWTalentOperations@wellington.com .
Benefits
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 65,000 - 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)
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. 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.
For more information, please visit https://www.wellington.com/en/ (https://www.wellington.com/en/about-us)
If you have questions about this posting, please contact support@lensa.com
Salary : $65,000 - $150,000
