Fixed Income Portfolio Analyst

Job Description

Note: Fidelity will not provide immigration sponsorship for this position.

The Group

Fidelity’s Fixed Income division is one of the leading managers of bond and money market instruments with over $2 trillion in fixed income assets, The Fixed Income team combines fundamental research on domestic and international debt issuers with macroeconomic and quantitative analysis to develop investment decisions that stay true to each portfolio’s defined investment mandate, while aiming to maximize risk-adjusted total return for our clients. Our goal is to use our financial expertise to help people achieve their financial goals and live the lives they want. The Fixed Income division is headquartered / located primarily in Merrimack, New Hampshire, one hour north of Boston.

The Role

Fidelity is looking to hire a Portfolio Analyst to join its Fixed Income Division. The Portfolio Analyst will work closely with the Personal Bond Management (PBM) team, a retail SMA product that leverages technology to scale the business and support clients. This individual will report to the Head of Portfolio Analysis and will work closely with portfolio managers, traders, research analysts and investment operations professionals. The position requires a familiarity with fixed income investing, an interest in and knowledge of portfolio analysis and implementation techniques; entails significant technology engagement; demands effective communication and data management capabilities; requires attention to detail; and calls for an independent individual who will seek continuous improvement of investment processes and skills.

The Value You Deliver

• Ensure that a large number of portfolios are structured appropriately relative to their benchmarks, strategies or risk objectives, as developed by portfolio management team.
• Ensure portfolio targets for cash, duration, and currency exposures are managed appropriately in accordance with Portfolio Managers.
• Analyze shareholder/client activity and work with Portfolio Managers on investment and divestment options.
• Create trade orders and ensure orders, trades, and portfolios are always in compliance.
• Develop a keen understanding of the team domain and share knowledge across teams.
• Provides portfolio optimization solutions and recommends model enhancements to deliver improved outcomes, while adhering to client activity and investment guidelines.
• Work to improve, iterate and further automate existing end user applications and develop new end user tools.
• Perform analysis projects in conjunction with the portfolio managers and research staff to continuously refine and improve the investment methodology and associated policies.
• Streamline the investment process and reduce operational risk through measurement and reporting.
• Contribute to the implementation, launch, on-going management and improvement of investment strategies using scalable methodologies.
• Develop constructive relationships with research analysts, quantitative analysts, traders, and investment operations to support the investment process as the business scales.

The Experience and Skills You Bring

In this role, you will actively contribute to all aspects of the investment process. In addition, the position requires:

• 3-5 years of investment experience in the fixed income field, and knowledge of fixed income markets and securities.
• Experience performing investment analysis and understanding portfolio construction.
• Firm grasp of SQL, Dash and Python.
• Ability to think creatively and initiate projects that lead to improved implementation of investment strategies.
• Willingness to contribute to all aspects of projects as investment and operational processes are developed and implemented.
• Ability to make decisions quickly, often with limited information and with high attention to detail.
• Ability to be flexible and ready to work through business challenges.
• Excellent communication and presentation skills; experience presenting sophisticated concepts and results to large audiences in an intuitive manner.
• Real passion for financial markets and the investment management process.

Fidelity’s Onsite Working Model

Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

Certifications

Category

Investment Professionals

Please 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.