Job Description:
Position Description:
Assists in managing $900 billion in assets, focusing on asset allocation strategies for both institutional and retail clients. Responsible for coverage of underlying funds used in the investment solutions delivered by investment teams, as well as prospective funds that could be used in the future. Supports the monitoring and analysis of fund performance, attribution, risk, and holdings. Applies expertise across investment solutions, including target date funds, target allocation funds, income and real return strategies, managed volatility strategies, liquid alternative investments, and custom institutional solutions.
Primary Responsibilities:
- Manages due diligence across specified asset classes for existing and prospective funds used in various investment solutions.
- Leads meetings with underlying portfolio managers to discuss investment philosophy and process, strategy objectives, portfolio construction, and performance.
- Develops research conviction, publishes ratings via research reports, and communicates portfolio updates and investment recommendations to team portfolio managers.
- Participates in asset class and portfolio strategy discussions in various investment forums.
- Contributes to asset class initiatives and fulfills ad hoc research requests from investment teams.
- Monitors and identifies potential new investment opportunities that will directly impact portfolio recommendations and client investment returns.
- Liaises with counterpart manager research teams to cover open-architecture funds.
- Meets with clients and consultants to showcase the team's research capabilities and provide updates on underlying fund positioning and performance.
Education and Experience:
Bachelor’s degree in Finance, Economics, Business Administration, Engineering, Computer Science, or a closely related field (or foreign education equivalent) and six (6) years of experience as a Research Analyst (or closely related occupation) performing fundamental investment analysis and fund research on domestic equity, liquid, and illiquid alternative funds.
Or, alternatively, Master’s degree in Finance, Economics, Business Administration, Engineering, Computer Science, or a closely related field (or foreign education equivalent) and four (4) years of experience as a Research Analyst (or closely related occupation) performing fundamental investment analysis and fund research on equity, liquid, and illiquid alternative funds.
Skills and Knowledge:
Candidate must also possess:
- Demonstrated Expertise (“DE”) researching mutual funds and institutional strategies across equity and alternative asset classes by interviewing portfolio managers to assess strategy objectives, investment philosophy and process, portfolio construction, and performance assessment across market cycles; and determining their sources of risk and return, using financial analysis tools -- Factset, Morningstar Direct, and eVestment Analytics.
- DE monitoring and analyzing portfolio performance and risk exposures, attribution, risk and holdings, using analytical tools -- Factset, Morningstar Direct, Bloomberg, and MPI Stylus.
- DE collaborating with portfolio managers by providing portfolio construction recommendations through published fund research reports, quarterly fund reviews, and using tools and databases -- Morningstar Direct, eVestment Analytics, HFRI, and Preqin, for asset class, benchmark and peer group analysis.
- DE collaborating with quantitative analysts, data, or technology teams to create and improve reports in visualization tools (Tableau) to inform fund research and portfolio construction efforts.
Salary: $160,722.00 - $175,000.00/year.
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Certifications:
Category:
Investment ProfessionalsPlease be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
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Benefits that balance life and work
From our fully paid parent leave to our on-site health and wellness centers, our benefits support the belief that more balance you have, the better you can achieve your goals.
Company overview
Company overview
At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experience.
Reasonable accommodations
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation contact the HR Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 3.
Equal opportunity employer
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop, and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Applicant screening
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.