Fixed Income Portfolio Analyst

About 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 Separately Managed Account (SMA) product that leverages technology to scale the business and support clients. This individual will report to the Head of Portfolio Analysis and will collaborate with portfolio managers, traders, research analysts, and investment operations professionals.

The position requires familiarity with fixed income investing, an interest in and knowledge of portfolio analysis and implementation techniques, significant technology engagement, effective communication and data management capabilities, attention to detail, and a drive for continuous improvement of investment processes and skills.

Responsibilities

• Ensure that a large number of portfolios are structured appropriately relative to their benchmarks, strategies, or risk objectives, as developed by the portfolio management team.
• Manage portfolio targets for cash, duration, and currency exposures in accordance with Portfolio Managers' directives.
• Analyze shareholder/client activity and work with Portfolio Managers on investment and divestment options.
• Create trade orders and ensure orders, trades, and portfolios remain in compliance at all times.
• Develop a keen understanding of the team domain and share knowledge across teams.
• Provide portfolio optimization solutions and recommend model enhancements to deliver improved outcomes while adhering to client activity and investment guidelines.
• Improve, iterate, and further automate existing end-user applications and develop new end-user tools.
• Perform analysis projects in conjunction with 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, ongoing 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.

Requirements

• 3-5 years of investment experience in the fixed income field, with 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.
• Flexibility and readiness 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.

Schedule

Fidelity is transitioning to a full-time onsite working model through a phased rollout. Currently, this role requires 100% onsite presence at the Merrimack, New Hampshire location (one hour north of Boston). Onsite expectations are likely to evolve as the rollout continues.

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