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Portfolio Associate - 1706642

Company: Fidelity Investments
Location: Boston, MA
Posted on: July 28, 2017

Job Description:

Duties: Works closely with the portfolio management team and plays a key

role in ensuring that portfolios are positioned in accordance with the

Portfolio Managers’ investment strategies and views, and that

organizational and infrastructure capabilities are in place to support the

portfolio management process.

Primary Responsibilities:

• Monitors portfolio performance, positioning, risk metrics, etc. to

ensure alignment with PM investment thesis and process; and recognizes,

evaluates, and reconciles any results that are inconsistent with manager or

strategy objectives.

• Works with PMs to develop trading/execution strategies to implement

PM views and investment strategies (e.g., fund transitions, alignment of

active positioning across funds, etc.).

• Performs cash flow analysis; provides insight on liquidity

constraints, manager timing preferences, and impact on reallocation

feasibility and scheduling.

• Prepares, executes, and reconciles trading activities, in

partnership with PMs.

• Ensures that the trading platform, tools, and execution algorithms

are consistent with industry and Fidelity best practices.

• Manages individual client portfolios consistent with Strategic

Advisers' investment philosophy and the unique portfolio parameters and

objectives of each client account.

• Establishes and maintains strong relationships with portfolio

managers, traders, and key investment services personnel across investment

divisions as well as product management staff in the distribution groups;

helps to represent SAI interests in planning large trades or transitions,

implementation of fund changes, new fund launches, etc.; and coordinates

communications to PMs, research, investment services contacts and back-

office groups.

• Works closely with the investment staff, investment operations, and

the technology group on infrastructure enhancements and other projects to

support the portfolio management process.

• Works with PMs, quantitative analysts, and other investment staff

on investment analysis projects that support the development and refinement

of investment and/or trading strategies (e.g., ongoing asset class-related

research, back testing, and optimizations for new fund concepts/fund

repositioning, etc.).

Requirements: Master’s degree (or foreign education equivalent) in

Finance, Economics, Quantitative Finance, or a closely related field and

two (2) years of experience in the job offered or two (2) years of

experience performing investment portfolio attribution and construction

analysis within the investment management industry; Or, alternatively, a

Bachelor’s degree (or foreign education equivalent) in Finance, Economics,

Quantitative Finance, or a closely related field and five (5) years of

experience in the job offered or five (5) years of experience performing

investment portfolio attribution and construction analysis within the

investment management industry. Candidate must also possess: Demonstrated

Expertise (“DE”) writing SQL queries to extract data from relational

databases to support portfolio construction, analysis, and attribution; DE

performing investment analysis – use of risk analytic packages in FactSet

and Bloomberg to evaluate portfolio exposure, risk, and performance across

investments in equity and fixed income asset classes; DE developing and

presenting analytics to portfolio managers to support trading/execution

strategies (fund transitions and alignment of active positioning), cash

flow analysis (liquidity constraints, reallocation feasibility and

scheduling), and reconciliation of trading activities; DE manipulating and

interpreting large data sets to implement time sensitive critical solutions

designed to improve business workflow related to investment management.

To apply, visit http://jobs.fidelity.com and search for Job Number 1706642.

Keywords: Fidelity Investments, Providence , Portfolio Associate - 1706642, Finance , Boston, MA, Rhode Island


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