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Macro Research Analyst

Macro Research Analyst

locationMerrimack, NH, USA
PublishedPublished: 11/25/2025
Full Time

Job Description:

The Group
Fidelity’s Fixed Income division is one of the world’s leading fixed income managers with over $2 trillion in fixed income assets managed by a staff of more than 200 investment professionals. At Fidelity, we combine fundamental research on debt issuers with macroeconomic and quantitative analysis to develop investment decisions that aim to maximize risk-adjusted total return for our clients. The Fixed Income division is headquartered in Merrimack, New Hampshire.

The Role

Reporting to the Global Head of Fixed Income Research, the research analyst will be a primary contributor to the fixed income macro research team that produces opinions and recommendations for actively managed bond and money market portfolios across a wide range of strategies. The analyst will play a key role in delivering opinions and recommendations to inform portfolio duration, interest rate and asset allocation strategies across the Treasury, Corporate and Securitized asset classes. The role involves collaborating closely with members of the fixed income macro team as well as other investment professionals across Fidelity’s asset management division. A strong knowledge of economics, global financial markets, debt and credit dynamics and fixed income asset strategy is essential. In addition, strong communication skills and the ability to formulate and deliver compelling investment conclusions is critical.

The Expertise You Bring

  • Experience of 5+ years in financial markets, preferably within the fixed income asset class

  • Demonstrated understanding of economics, debt instruments, credit cycle dynamics and global asset flows

  • Ability to apply macroeconomic trends to inform asset allocation recommendations within the broader fixed income asset classes

  • Creativity and aptitude to find, procure and work with data sets to analyze fundamental, technical and valuation factors in various fixed income asset classes

  • Ability to run an entrepreneurial research effort while being embedded in a tight-knit team environment is critical

  • Experience translating analytical approaches into clear conclusions and connecting them to investment recommendations

The Skills and Knowledge Required

  • Outstanding written and verbal communications skills

  • Team player with excellent interpersonal skills and a proactive work ethic

  • Ability and confidence to work effectively in both in group settings and independently

  • Proven understanding of economics, finance, and investing and aptitude with relevant tools including programming, econometrics, and other market and economic data programs

  • Strong intellectual curiosity and interest in global events, history, economics, and finance

Certifications:

Category:

Investment Professionals

Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.

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.