Portfolio Analyst

Fidelity Investments • Boston, MA

6d • $90,000 - $175,000

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. SAI specializes in managed accounts and other custom investment solutions and 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. The role works closely with Portfolio Management Teams to help ensure portfolios reflect Portfolio Managers’ investment strategies and views. Portfolios include single- and multi-asset-class strategies investing in securities such as stocks, bonds, ETFs, mutual funds, and separately managed accounts.

The analyst engages with asset allocators and portfolio managers to build and implement customized model portfolios and investment solutions. The role also collaborates on trading strategies, implements trades with internal and external partners, analyzes portfolio performance and risk, develops reporting and analytics, and contributes to cross-functional projects that improve investment infrastructure and processes.

The position requires a bachelor’s degree or equivalent experience and 5–7 years of investment-industry experience. The stated base salary range is $90,000–$175,000 per year. Fidelity is transitioning to a full-time onsite working model through a phased regional and role-based rollout; current onsite expectations vary, and may evolve. Fidelity will not provide immigration sponsorship for this position.

Requirements

• Bachelor’s degree or equivalent experience.
• At least 5–7 years of investment-industry experience, 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 collaborate 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 problem-solving ability.
• Excellent written and verbal communication skills.
• Proven success understanding and analyzing investment data.
• Familiarity with investment tools such as Morningstar Direct, FactSet, Bloomberg, SQL, Tableau, and Excel.

Nice To Haves

• Progress toward an advanced degree, CFA designation, or equivalent investment credentials.
• Experience with database and/or quantitative tools.

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 changes, investment selection changes, shareholder-flow allocation, fund transitions, and program trades.
• Partner with internal and external trading desks, portfolio managers, and CIOs to implement trades effectively, taking cash flow management, liquidity constraints, and market impacts into account.
• Analyze portfolio performance, positioning, risk, and attribution to assess alignment with portfolio managers’ investment theses and investigate results inconsistent with manager or strategy objectives.
• Use business knowledge and investment tools to build and enhance reporting capabilities and analytics for 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 address business challenges and support business growth.

Benefits

• Comprehensive health care coverage.
• Emotional well-being support.
• Retirement benefits.
• 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 requirements, bonus or other variable compensation.

What This Job Offers

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