Institutional Portfolio Manager, Money Markets

Job Description

The Division

With more than $913 billion in assets under management, Fidelity Institutional is a leading provider of asset allocation solutions for institutional clients. The range of investment solutions includes active allocation strategies, custom solutions and target date funds.

The Value You Deliver

The Institutional Portfolio Manager (IPM) will play an integral role in addressing institutional client needs through a solutions-based approach. As the external facing member of the portfolio management team the IPM will primarily interact with Finance and Investment Committees, Boards, and Business Offices of endowments, foundations, non-profit organizations and Pension/Investment Consultants to drive new business opportunities and service clients through investment policy discussions, capital market reviews and investment solution positioning and performance reviews.

The IPM Will Work In Close Partnership With The Portfolio Management, Research, Thought Leadership, Finance, Legal, Marketing, Product And Distribution Teams. This Level Of Integration Is Critical To Provide

• Depth of investment insight to effectively communicate externally as an extension of the portfolio management team
• Transparency and understanding of the investment process, including but not limited to Money Market mutual funds
• Capital market perspectives that influence investment solutions and strategy
• Marketplace credibility to represent the portfolio managers and investment process as well as the overall Fidelity organization most effectively in client, consultant, and industry conference speaking engagements
• Ongoing feedback on marketplace perspectives, developments, and competitor trends to the investment and distribution organizations to enhance investment and business platforms
• Investment infrastructure / product management support to improve investment solution offerings and implementations, including marketing, client reporting and product / solutions positioning
  
  

Core Competencies

The IPM Will Have

• Investment acumen to understand how portfolios can be structured to achieve client goals; Asset class expertise across global public and private market investments with emphasis on Money Markets
• Advanced problem-solving skills with the ability to collaborate across multiple internal business groups and external clients and consultants
• Advanced client communication skills in delivering asset solutions to institutional clients
• A desire to contribute to thought leadership efforts – articles, speaking, research – to support Fidelity’s institutional business
  
  

Experience And Education

The Skills & Experience You Bring

• 10-15 years of investment industry experience
• Successful track record of institutional solutions analytical work and investment management strategy implementation to a broad spectrum of institutional constituencies
• CFA designation preferred but not required
  
  

Skills And Knowledge

• Relevant Fixed Income investment experience and demonstrated understanding and views of both money markets and bond markets and their market structure
• Thorough understanding of rule 2a-7 which regulates Money Market funds
• Highly effective and consistent written and verbal communication skills
• Ability to successfully articulate detailed mechanics of client issues/analytics and investment solutions to institutional clients
• Comfort and ability to work in a highly collaborative environment, with a frequent focus on gaining consensus across a broad spectrum of investment management, distribution, product management and senior management constituents
• Capability to balance resolve and temperament in response to pursuing opportunity through organizational structure
• Ability to present investment process, portfolio strategy and investment information in a clear and effective way to both internal and external constituents
• High level of enthusiasm for discovering new investment opportunities and considering investment strategies
• Meticulous attention to detail; strong ability to prioritize and manage time
• Ability to assist distribution partners with materials and/or in meetings, to share market views, portfolio capabilities, performance, and related perspectives
• Ability to travel frequently, with an overall expectation on average of 20-30% travel
  
  

Certifications

Category:

Investment Professionals

Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.