Senior Investment Manager, Separately Managed Accounts

Fidelity Investments•Boston, MA

2d•$150,000 - $250,000•Onsite

About The Position

The Senior Investment Manager will focus on reviewing discretionary client portfolios primarily invested in US and international equity portfolios, which are offered in standalone and sleeve forms as well as newer strategies like long/short offerings. The Senior Investment Manager will have a high degree of investment expertise to review and trade the tax-aware and non-taxable SMAs. In addition, this role will also provide tax-aware transition strategies and hypothetical account reviews for clients. You will play a significant role in SAI's next generation of sophisticated investment solutions which include custom multi-account investment management and asset location strategies.

Requirements

Deep understanding of long/short equity investing, short selling and securities finance
Extensive experience trading, articulating, or creating long/short equity strategies
Bachelor's Degree required and emphasis in finance/accounting/economics subjects strongly preferred
5+ years of meaningful investment experience in research, portfolio management, or trading
Ability to operate in a demanding environment with an adaptable skill set, creative problem-solving skills, and the ability to multi-task and work across many projects
Excellent oral and written communication skills
Extraordinary attention to detail, as well as great analytical skills that allow for independent judgement and conclusive reasoning while dealing with significant time constraints
Ability to work effectively on a collaborative team with a strong spirit of innovation, maintaining comfort in undefined environments
Awareness of portfolio optimization tools and techniques like Axioma and risk models like Barra
Strong quantitative analysis skills around oversight of portfolio holdings & risk exposures
Experience using FactSet or Bloomberg

Nice To Haves

Existing or progress toward a professional designation or certification including, but not limited to CPA, CFP, CQF etc. a plus
Skilled using AI tools and techniques preferred
Skilled in advanced programming languages like R, Python and SQL strongly preferred
Comfort working with large datasets, using database tools and platforms as well as report and visualization platforms like Tableau

Responsibilities

Trade Execution
Long/Short equity account reviews and analysis
Enhance long/short equity strategies and improve upon processes
Execute daily equity trading activities across individual client portfolios for standalone
Ensure model alignment and liaise with operation teams
Monitor and maintain portfolio performance, execution and risk metrics
Develop and maintain relationships with internal trading partners
Monitor current events and gauge market reactions
Portfolio Construction
Manage individual client portfolios utilizing complex portfolio construction techniques that involve optimization across different tax registration types
Be able to decipher and clearly understand the impacts on investment risk and return characteristics
Develop a deep understanding of internal analyst and portfolio manager research on portfolio construction, and business cycle positioning to achieve superior pre- and after-tax returns consistent with the investment philosophy
Contribute to the broader investment philosophy and process for the strategy
Collaborate with other parts of SAI and Fidelity, including Business Oversight, Portfolio Management, Research, Technology, and Operations to continually improve our model management process and implementation