Fixed Income Trader, Agency Mortgage-Backed

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.

Tracing our roots to 1928, Wellington Management Company, LLP is one of the world’s largest independent investment management firms. With US $1+ trillion in assets under management as of 31 December 202, 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.

We are seeking to hire a Fixed Income Trader to execute orders from portfolio managers and analysts across our Agency MBS book of business, including TBA, specified pools, CMOs and Agency derivatives. Candidate should be willing to help‑out across our other structured products sectors. Located in Boston, this position requires a high level of direct interaction and collaboration with portfolio managers, research analysts and brokers to formulate trading strategies, communicate market information and developments, and facilitate trades.

Wellington Management’s trading philosophy and practices are based on the principles of seeking best execution, contributing to portfolio alpha, and managing regulatory, operational, liquidity and investment risks. We seek to execute orders in a manner consistent with these principles and in accordance with our written policies, which emphasize the fair dissemination, aggregation and allocation of investment opportunities across our investment platform and ultimately our clients.

Wellington Management’s Trading Department employs over 60 traders globally, including over 43 Fixed Income traders, and operates in specialized teams according to sectors and products. Our investment and trading activities are conducted on an industry‑leading internally developed software platform, which we believe creates a meaningful competitive advantage. We are also supported by an in‑house team of managers and quantitative and business analysts, who oversee the “business” of the department and provide in‑depth, action‑oriented insights into our trading capabilities and activities.

• Executing orders in a manner consistent with our best execution and risk management practices, as well as our policies and procedures
• Developing and enhancing over time an in‑depth understanding of the investment philosophies and strategies of the portfolio managers, strategists, and analysts we serve;
• Gathering, analyzing, and disseminating market and security information that identifies or creates actionable investment opportunities;
• Soliciting potential trade interest from portfolio managers and locating external supply/identifying internal demand for liquidity opportunities in the market;
• Remaining informed of new product developments;
• Fostering new trading relationships and leveraging existing relationships; and
• Monitoring and improving efforts to enhance efficiency while mitigating risk.

• A minimum of 3‑5 years of experience trading Agency MBS experience. Experience trading a wide array of…