Compliance Intern - Frankfurt

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

As part of the continued growth of our business in continental Europe, we are currently seeking a talented intern to join our dynamic Compliance team in Frankfurt. In this role, you will be at the forefront of ensuring our compliance with regulatory standards across 30+ core countries. You will work closely with the EMEA compliance team, including Data Privacy and Financial Crime functions, to support a range of activities that enhance our investment management services and fund distribution

RESPONSIBILITIES

· Provide compliance support for EMEA sales, focusing on cross-border distribution activities and sales practices.

· Maintain governance and reporting, policies and procedures, compliance training, and manage client assets oversight.

· Support marketing compliance for global fund ranges and EMEA institutional marketing.

· Oversee client classifications and suitability within the EMEA client platform program.

· Ensure timely delivery of account opening documentation and coordinate custodial and market openings.

· Execute investor-driven asset transfers and implement account restructures.

· Initiate and maintain account records, review and approve new account setups.

· Coordinate fund launches, closures, and related transition events.

· Provide training and act as a global expert for account record setups.

· Liaise with Transition Managers and coordinate reconciliation of transition management trade execution files.

· Collaborate with Client Integration Managers, Portfolio Managers, and Trading teams to develop and implement client transition strategies.

· Monitor and process daily cash flows, confirming transactions with custodian banks.

· Stay updated on industry, regulatory changes, and develop an understanding of different jurisdictions and client requirements.

DESIRED ATTRIBUTES

· Basic understanding of compliance and regulatory standards.

· Strong organisational skills and attention to detail.

· Good analytical and problem-solving abilities.

· Effective communication skills.

· Interest in learning about investment operations and financial services.

· Proficiency with Microsoft Office tools

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.

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.