Research Analyst
About The Position
The Group Fidelity Investments has long been a leader in managing equity portfolios, with roots dating back to the 1940s. Fidelity’s Equity division is responsible for managing diversified and industry-specific funds for millions of investors. The division consists of portfolio managers, research analysts, research associates, sector specialists, and traders who work together to deliver exceptional investment outcomes. Over the years, its capabilities have grown substantially, with investment strategies designed across style, capitalization, sector, and geography. The Equity team relies on its proprietary research, disciplined portfolio management, and sophisticated trading process to evaluate, construct, and manage investment portfolios and deliver superior long-term results. The Equity research analyst will work closely with Fidelity's portfolio managers and play a vital role in contributing to the investment performance of the firm. The analyst will be assigned a group of stocks within a specific industry to analyze. This analysis involves interviewing company management, communicating with external research sources, assessing customers and suppliers, competitors of companies, compiling detailed financial models and projections, and applying economic and industry analysis to produce an investment recommendation. Equity research analysts have full responsibility for coverage of the assigned companies, and stock recommendations are solely attributed to them.
Requirements
- A minimum of 2 years of buy-side investment research experience
- Bachelor’s degree required
- Exhibit strong analytical and communication skills, coupled with the highest level of personal and professional integrity
- Sound business judgment and a strong interest in financial markets
- Seeks an edge and possesses a healthy level of skepticism in their thought process
- Able to think creatively, work independently and be able to make decisions quickly, often with limited information
- Demonstrate the confidence and the maturity to engage with senior level management of companies
- Intellectually curious about companies and markets and have very high levels of initiative and motivation
- A high level of enthusiasm for discovering new investment opportunities and genuine intellectual curiosity are critical for success in this role
- The ability to consistently develop, clearly articulate and effectively communicate investment recommendations supported by a comprehensive and thoughtful research process is critical to your success at Fidelity
Nice To Haves
- post-graduate degree or CFA (or progress towards) is preferred
Responsibilities
- Generating and validating new ideas within your sub-sector area(s) that are consistent with the team’s investment process.
- Investigating stocks generated by the proprietary ranking process to identify potential to meet a fund’s key criteria of attractive valuation and future positive change.
- Identifying stocks through your own process of monitoring opportunities in your sub-sector area(s) by, for example, using screens, Fidelity research and sell-side research.
- Maintaining coverage of assigned sector stocks held in the required portfolios.
- Performing industry analysis – monitoring trends and developing a view regarding the relative attractiveness of the assigned sub sectors
- Maintaining up-to-date recommendations and target prices
- Creating and maintaining proprietary financial models and valuation analysis
- Monitoring investment thesis to track progress of improving dynamics and other critical variables
- Conducting proprietary research
- Collaborating with other Fidelity analysts
- Interacting with company management through meetings and calls
- Communicating updates and recommendations to the equity team and broader Fidelity investment organization.
Benefits
- comprehensive health care coverage and emotional well-being support
- market-leading retirement
- generous paid time off and parental leave
- charitable giving employee match program
- educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
