Portfolio Associate - 1407338

Company: Fidelity Investments
Location: Boston, MA
Posted on: August 8, 2014

Job Description:

Duties: The Portfolio Associate is responsible for implementation of

quantitative portfolio management for the managed account service for work

place savings (Portfolio Advisory Service at Work) and for non-

discretionary guidance tool for both work place savings and personal

investing (Portfolio Review). Will work closely with the Portfolio Manager

and the investment team, actively contributing to all aspects of the

investment process, utilizing quantitative investment methodology. Will

own the day-to-day portfolio management process of model portfolio

construction from beginning to end, including building model portfolios,

performing comprehensive model analytics analysis, supervising the model

release process and resolving associated issues.

Primary responsibilities

• Work closely with the PM team, Data Strategy team, and technology

group within the Global Asset Allocation Division, and other parts of

Fidelity in the Personal and Workplace Investing Services (PWIS) to

constantly enhance the existing process.

• Monitor portfolio performance, positioning, risk metrics etc. to

ensure alignment with investment methodology and processes.

• Work closely with the portfolio manager, the quantitative team and

other investment staff to continuously refine and improve the quantitative

investment methodology and associated policies, through investment analysis

projects.

• Provide direction and guidance to the systems group as the part of

continuing development of existing systematic processes.

• Function as the liaison between the portfolio manager, investment

operations, product development, and the distribution channels in

monitoring portfolio re-allocations, new plan implementations, and plan

option changes.

• Ad hoc reporting and analysis, in areas such portfolio attribution,

plan sponsor participant data analysis, and industry performance analysis.

Requirements: Bachelor's degree in Computer Science, Management

Information Systems, Engineering, Math or Physics (willing to accept

foreign education equivalent) as well as 5 years of experience in the job

offered or 5 years of experience in quantitative portfolio management

systems analysis or engineering within an asset management environment.

Experience must include: Demonstrated Expertise (“DE”) writing quadratic

optimization functions using IBM iLog Cplex optimization libraries and

multifactor linear regression models using Java and SAS; DE writing SQL and

PL SQL queries and using Hyperion Interactive Reporting Studio to access

data for performance analysis within an Oracle database environment; DE

performing quantitative portfolio construction application development

using Shell scripting, PL/SQL, SQL (Oracle and Sybase) and SAS programming

languages on a UNIX operating system platform; DE working with managed

account product offering for work place savings.

To apply, visit http://jobs.fidelity.com and search for Job Number 1407338.

Keywords: Fidelity Investments, Boston , Portfolio Associate - 1407338, Finance , Boston, MA, Massachusetts