Senior Fund Research Analyst
Job Description:
The Role
The Senior Fund Research Analyst position offers a valuable opportunity to grow and excel within the Fidelity Institutional Wealth Adviser (FIWA) Research team. The role involves conducting investment manager due diligence research; as well as supporting client service initiatives. The core responsibilities include:
Primarily, conducting manager research/ongoing due diligence of actively managed equity or fixed-income investment strategies, including mutual funds, ETFs, separately managed accounts (SMAs), and other investment vehicles. You will lead due-diligence meetings with portfolio managers to discuss their investment philosophy and process, their team’s behavioral traits, their strategy’s risk and return characteristics. You will use appropriate analytical and research tools to conduct independent and thorough research. The objective is to combine qualitative and quantitative analysis to evaluate the manager’s skills and identify key performance drivers and potential risks. You will document your evidence-based research and analysis, and be able to make appropriate recommendations. You are expected to communicate investment merits, explain strategy performance and provide updates on investment teams and portfolio changes to FIWA portfolio managers, client service teams and institutional clients.
The Expertise and Skills You Bring
- Bachelor’s Degree required, Masters and/or CFA credential preferred (or progressing towards CFA charter); Series 7 and 63 licenses a plus
- Sound analytical mind-set; and communication skills (verbal and written)
- 5+ years of relevant experience, and good understanding of investment products. Ideally prior experience in manager research covering actively managed mutual funds, ETFs, SMAs and other investment vehicles
- Strong expertise in manager research/analytical tools (such as Morningstar, FactSet, eVestment) preferred
- Proficient in Word, Excel and PowerPoint
- Ability to manage time effectively and meet concurrent and frequent deadlines
- Independent but also able to balance independence with team work and collaboration. Mentor junior analysts as needed.
The Team
FIWA Research team provides superior fund analysis and investment thought leadership to the Fidelity Workplace Investing and Fidelity Institutional client-facing teams, as well as institutional clients including retirement plan sponsors and investment advisors. The FIWA Research team prepares and distributes analysis of fund performance and investment strategies to Fidelity's institutional clients.
Note: Fidelity will not provide immigration sponsorship for this position
The base salary range for this position is $89,000-180,000 USD per year.Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.
Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.
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.
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.