What are the responsibilities and job description for the Portfolio Analyst position at Fidelity Investments Careers?
Job Description:
Position Description:
Provides investment support for one or more Fixed Income portfolio management teams. Works under the guidance of the portfolio managers in support of the investment process. Works with fixed income investing, and portfolio analysis and implementation techniques. Provides technology engagement and data management capabilities.
Primary Responsibilities:
Works with Portfolio Managers to ensure portfolios are structured appropriately relative to their benchmarks, strategies, or risk objectives.
Works with Portfolio Managers to ensure portfolio targets for cash and duration exposures are managed appropriately.
Analyzes shareholder/client activity and works with Portfolio Managers on investment and divestment options.
Creates trade orders and ensure orders, trades, and portfolios are in compliance.
Works to develop an understanding of the team domain and shares knowledge across teams.
Uses technical skills (SQL, Python etc.) to improve and iterate existing tools.
Performs analysis projects in conjunction with portfolio managers to continuously refine and improve the investment methodology.
Contributes to the implementation, launch, on-going management, and improvement of investment strategies using scalable methodologies.
Develops constructive relationships with research analysts, quantitative analysts, traders, and investment operations to support the investment process as the business scales.
Education and Experience:
Bachelor’s degree (or foreign education equivalent) in Finance, Quantitative and Computational Finance, Mathematics, Applied Mathematics, Financial Engineering, or a closely related field and three (3) years of experience as a Portfolio Analyst (or a closely related occupation) providing support for fixed income processes, monitoring fixed income markets, and building tools/creating processes to monitor fixed income securities.
Or, alternatively, Master’s degree (or foreign education equivalent) in Finance, Quantitative and Computational Finance, Mathematics, Applied Mathematics, Financial Engineering, or a closely related field and one (1) year of experience as a Portfolio Analyst (or a closely related occupation) providing support for fixed income processes, monitoring fixed income markets, and building tools/creating processes to monitor fixed income securities.
Skills and Knowledge:
Candidate must also possess:
Demonstrated Expertise (“DE”) building US investment grade fixed income analytics tools and models using SQL, Python, and VBA.
DE automating reports to analyze and monitor US investment grade fixed income exposures including duration using VBA, Python, and SQL.
DE assessing market risk of US investment grade fixed income securities including municipal, corporate, government and mortgage-backed securities by evaluating bond structures, economic data, and sensitivity to changes in interest rates and credit spreads.
DE in pricing of US investment grade municipal & corporate bonds by understanding methodologies of BVAL, yield curve construction, relative comparable analysis, and trace prints using Bloomberg Terminal.
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Certifications:
Company Overview
Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.
Join Us
At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees’ Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.
Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite.
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, detailed in this document, 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.
We invite you to Find Your Fidelity at fidelitycareers.com.
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.
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.
