Portfolio Analyst

Fidelity • Boston, MA

5d

About The Position

Strategic Advisers, LLC (SAI), a registered investment advisor and Fidelity Investments Company, provides investment management services through Fidelity’s retail and institutional distribution channels. For more than 30 years, SAI has specialized in managed accounts and custom investment solutions. It manages more than $1.4 trillion in assets across Fidelity and third-party investment vehicles.

The Portfolio Analyst joins the Fundamental Model Management Team in the Portfolio Engineering division. Working closely with Portfolio Management Teams, the analyst helps ensure portfolios reflect Portfolio Managers’ investment strategies and views. Portfolios may include single- and multi-asset-class strategies investing in stocks, bonds, ETFs, mutual funds, and separately managed accounts.

Fidelity is transitioning to a full-time onsite working model through a phased regional and role-based rollout. Currently, onsite requirements vary; some roles and locations require 100% onsite presence, while others require less. Expectations may evolve during the transition, which does not apply to fully remote roles.

The base salary range is $90,000–$175,000 per year. Placement depends on responsibilities and scope, geographic location, relevant experience, and other factors. Base salary is only part of total compensation; eligible offers may also include bonus or other variable compensation. The application window closes when the position is filled or unposted. Fidelity’s regulated business may be restricted from hiring or associating with individuals with certain criminal histories.

Requirements

• Bachelor’s degree or equivalent experience.
• Minimum of 5–7 years of experience in the investment industry, demonstrating proficiency in investment management and managed account solutions.
• Knowledge of asset allocation concepts and portfolio construction principles in a multi-asset-class framework.
• Demonstrated interest in financial markets, portfolio management, and client investment outcomes.
• Ability to work collaboratively and build relationships in a team-oriented environment.
• Self-starter with strong attention to detail, effective prioritization, and ability to manage critical deadlines.
• Strong analytical mindset and demonstrated ability to solve problems creatively.
• Excellent written and verbal communication skills.
• Demonstrated success understanding and analyzing investment data.

Nice To Haves

• Progress toward an advanced degree, CFA designation, or equivalent investment credentials.
• Experience with database and/or quantitative tools.
• Familiarity with investment tools such as Morningstar Direct, FactSet, Bloomberg, SQL, Tableau, and Excel.

Responsibilities

• Engage with Asset Allocators and Portfolio Managers to build and implement customized model portfolios and investment solutions for customers.
• Collaborate with Portfolio Managers to develop and execute trading strategies across model portfolios and SAI Multi-Manager Mutual Funds, including asset allocation and investment selection changes, allocation of daily shareholder flows, fund transitions, and program trades.
• Partner with internal and external trading desks, Portfolio Managers, and CIOs to implement trades effectively, accounting for cash flow management, liquidity constraints, and market impacts.
• Analyze portfolio performance, positioning, risk, and attribution to ensure alignment with Portfolio Managers’ investment theses and identify, evaluate, and reconcile results inconsistent with manager or strategy objectives.
• Use business knowledge and investment tools to build and enhance reporting capabilities and analytics that improve investment oversight across strategies.
• Collaborate with investment and technology teams on projects to improve infrastructure, enhance the investment process, and implement new investment ideas.
• Represent SAI and the Fundamental Model Management Team on cross-functional initiatives to solve business challenges and support business growth.

Benefits

• Comprehensive health care coverage.
• Emotional well-being support.
• Market-leading retirement benefits.
• Generous paid time off.
• Parental leave.
• Charitable giving employee match program.
• Educational assistance, including student loan repayment, tuition reimbursement, and learning resources for career development.
• Depending on position and eligibility, bonus or other variable compensation.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level