Apr 14, 2024

Manager, Corporate Sustainability

  • Professional Diversity Network
  • Boston, MA, USA
Full-Time Management

Job Description

Wellington Management Company, LLP

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 Corporate Sustainability Manager will define, implement, and oversee the firm's internal, global Corporate Sustainability efforts. This position requires strong collaborative and cross-functional relationships with stakeholders across Wellington's three divisions (known as the Infrastructure, Client and Investment Platforms). This individual will drive the Firm's Corporate Sustainability efforts in a way which aligns with Wellington's mission, sustainable investment priorities (which are not part of this role), client priorities, the business, and commercial priorities. The mandate also includes ensuring that the firm remains compliant with relevant regulations / certifications (mandatory or optional) and has a robust monitoring and reporting capability (e.g. KPIs). This position will be based in Boston or London, and the Corporate Sustainability Manager will join the Firm's Sustainability Group.

Essential responsibilities and expectations of the Corporate Sustainability (CS) Manager include, but are not limited to:
* Monitoring the effectiveness and appropriateness of the Firm's CS practices in accordance with the firm's appetite and market, client and regulatory forces.
* Surfacing materiality-driven CS best practices and industry trends to anticipate change, leveraging competitive intelligence/benchmarking and insights from internal SMEs to ensure the CS program complements the expectations of the companies we invest in
* Making recommendations, and implementing necessary practices/procedures/policies where appropriate, to evolve CS practices to mitigate risk, enhance business value, support commercial outcomes or respond to regulation; For example:
o Developing a multi-year emissions mitigation approach (upstream and downstream) including aligning ambitions with firm strategy, setting targets, determining relevant offset approaches, and obtaining senior stakeholder buy-in
o Partnering with procurement to evolve our supply chain management practices and related policies, ensuring we comply with regional expectations globally, have policies in place, and are properly due diligencing vendors in the areas of conduct, labor, disclosures, etc.
* Developing KPIs to track progress and measure success of our CS-related initiatives, providing updates to senior management on progress.
* Partnering with colleagues across the investment, client and infrastructure platforms to draw together existing internal corporate sustainability-related initiatives and articulate the breadth of Wellington's CS "story."
o Developing close relationships with business teams who lead internal and external CS-related initiatives.
o Developing a deep understanding of CS through the lens of the firm's business and strategy.
o Communicating the CS program in a holistic and connected way internally and externally (marketing materials, RFPs/RFIs responses, client inquiries, external websites, etc.)
o Establishing relationships in the Client Platform to engage with clients as needed.
* Supporting CS-related reporting efforts.
o Driving and coordinating the annual creation of the Sustainability and Climate Reports
o Partnering with key stakeholders and business leaders to ensure compliance with corporate sustainability-related regulations and legislation globally (e.g., CSRD, California climate legislation, etc.)
o Establishing repeatable and scalable data collection processes including vendor selection & management as needed to meet corporate reporting needs (e.g., Scope 3)
* Evaluating, building trusting relationships with, answering inquiries from and engaging with third-party CS related evaluators

As noted above, this role will not work on sustainable investing, and does not include how ESG is integrated into the Firm's investment process, nor evaluating the ESG practices of the companies in which Wellington invests.

* 10+ years' relevant professional experience; preferably with asset management industry experience
* Proven history of planning, managing, and delivering complex, cross-functional projects
* Ability to think strategically and have vision while also developing multi-year implementation plans that require focus on the details and execution
* A proven ability to collaborate effectively, influence, and cultivate and maintain strong business relationships at all levels and across different functions within an organization, especially when tying together existing CS efforts which exist in different groups
* Strong attention to detail and well organized; ability to prioritize, multi-task and work well under pressure
* Strong problem-solving and analytical capabilities, including the ability to identify, research and resolve unfamiliar issues and ability to clearly communicate issues to key stakeholders
* Excellent written and verbal communication skills: ability to distill complex concepts for the lay person internally and externally and persuade and commercialize the firm's approach to CS
* Listening, connecting, and translating the needs of different stakeholders into business opportunities and risks
* Strong presentation skills: demonstrated ability to present to committees and senior management
* Self-motivated and works well independently; capable of taking initiative without prompting
* Knowledge of Corporate Sustainability best practices, although this could be a learned skill for someone who is passionate with the ability to capitalize on the insights from our ESG team/investors, our functional business partners, client facing colleagues and the SI leadership.

The Manager, Corporate Sustainability will be based in one of these two locations - Wellington's Global Headquarters in Boston, MA (280 Congress Street) or London, UK (80 Victoria Street).

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 [email protected].

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)


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