Sector Trader

Fidelity Investments • Boston, MA

2d • $90,000 - $185,000 • Hybrid

About The Position

Business Division Fidelity's Equity Division is responsible for managing more than 129 diversified mutual funds and over 50 industry specific funds. Assets under management total more than $950 billion. The department consists of over 200 Portfolio Managers, Research Analysts and Research Associates. The Equity Trading group is made up of 62 trading professionals across our Boston, London and Hong Kong desks, providing 24hour access to global markets. The Equity Trading group manages execution, portfolio services and quantitative analysis for equity, derivatives, convertible bonds and foreign exchange. The Position Based in Boston, the Sector Trader role sits within the Americas Cash Trading team. Sector Traders are responsible for executing higher complexity, multi day equity and equity like orders and serve as strategic execution partners to Portfolio Managers and Research Analysts. The role encompasses both traditional order execution but also trade advisory, liquidity sourcing, and real time investment professional support. Sector Traders operate with deep sector specialization and act as a critical member within the investment process. The Value You Deliver Execute higher complexity, multi day (high ADV) equity orders with a focus on minimizing market impact, information leakage, and implementation costs. Serve as a primary execution and advisory partner to Portfolio Managers, providing pre trade strategy, cost expectations, and execution timing guidance for complex situations. Develop and maintain deep sector expertise aligned with research teams, enabling subject matter expertise and deep partnerships with analysts. Source differentiated liquidity through extensive broker relationships, including block trades, differentiated liquidity, and bespoke execution opportunities. Actively identify and surface internal and external crossing opportunities to reduce market impact and trading costs. Provide differentiated market color, sector insights, and thematic commentary through daily notes, market updates, and live engagement with investment teams. Engage directly with Portfolio Managers and Analysts during earnings season, corporate events, investor calls, and field trips to remain closely aligned with the investment process. Act as a real time control layer, identifying and preventing trade entry errors, operational issues, and execution risks before they reach the market. Coordinate closely with internal partners including Compliance, Counterparty Research, Operations, Corporate Actions, Technology, and Portfolio Services to ensure seamless execution and settlement.

Requirements

• Bachelor’s degree or higher.
• Minimum 5+ years of experience in industry.
• Prior experience in equity trading or related execution roles, with demonstrated exposure to complex, multi day order execution.
• Strong understanding of equity market microstructure, liquidity dynamics, and execution strategies across regions and sectors.
• Ability to engage effectively with Portfolio Managers and Analysts, translating investment intent into executable trading strategies.
• Proven judgment under pressure, with a strong risk mindset and attention to detail in fast moving market environments.
• Demonstrated ability to build and maintain long term broker relationships to access differentiated liquidity.
• Ability to operate independently while contributing within a highly collaborative, globally coordinated trading team.

Responsibilities

• Execute higher complexity, multi day (high ADV) equity orders with a focus on minimizing market impact, information leakage, and implementation costs.
• Serve as a primary execution and advisory partner to Portfolio Managers, providing pre trade strategy, cost expectations, and execution timing guidance for complex situations.
• Develop and maintain deep sector expertise aligned with research teams, enabling subject matter expertise and deep partnerships with analysts.
• Source differentiated liquidity through extensive broker relationships, including block trades, differentiated liquidity, and bespoke execution opportunities.
• Actively identify and surface internal and external crossing opportunities to reduce market impact and trading costs.
• Provide differentiated market color, sector insights, and thematic commentary through daily notes, market updates, and live engagement with investment teams.
• Engage directly with Portfolio Managers and Analysts during earnings season, corporate events, investor calls, and field trips to remain closely aligned with the investment process.
• Act as a real time control layer, identifying and preventing trade entry errors, operational issues, and execution risks before they reach the market.
• Coordinate closely with internal partners including Compliance, Counterparty Research, Operations, Corporate Actions, Technology, and Portfolio Services to ensure seamless execution and settlement.

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

What This Job Offers

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