Portfolio Associate - 1504578

Company: Fidelity Investments
Location: Boston, MA
Posted on: April 17, 2015

Job Description:

Duties: Work closely with the portfolio management team and play a key role

in ensuring that GAA portfolios are positioned in accordance with the

Portfolio Managers’ investment strategies and views, and that

organizational and infrastructure capabilities are in place to support the

portfolio management process.

Primary Responsibilities:

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

ensure alignment with Portfolio Manager (PM) investment thesis and process;

recognize, evaluate, and reconcile any results that are inconsistent with

manager or strategy objectives.

• Work with PMs to develop trading/execution strategies to implement

PM views and investment strategies (e.g., fund transitions, alignment of

active positioning across funds, etc.).

• Develop models to propose trades and cash flow allocation changes

for Portfolio Managers based on ongoing review and analysis of portfolio

monitoring tools and reports; prepare, execute and reconcile trading

activities.

• Work with PMs, quantitative analysts and other investment staff on

investment analysis projects that support the development and refinement of

investment and/or trading strategies (e.g., ongoing asset class-related

research, backtesting and optimizations for new fund concepts/fund

repositioning, etc.).

• Work with PMs and Institutional PMs on analysis and presentations

for consultants, e.g., to support portfolio construction and positioning.

• Establish and maintain strong relationships with underlying

portfolio managers, traders and key investment services personnel across

investment divisions as well as product management staff in the

distribution groups; help to represent GAA interests in planning large

trades or transitions, implementation of fund changes, new fund launches,

etc.; and coordinate communications to underlying PMs, investment services

contacts and back-office groups.

• Ensure that the trading platform, tools, and execution algorithms

are consistent with industry and Fidelity best practices.

• Assist Director of Target Date Strategies and appropriate product

teams on target date product enhancements.

• Work closely with the investment staff, investment operations and

the technology group on infrastructure and other systems enhancements to

support the portfolio management process.

• Support broader Business Line /Investment Operations priorities as

appropriate.

Requirements: Master’s degree (or foreign education equivalent) in

Finance, Economics, or Quantitative Finance and two (2) years of experience

in the job offered or two (2) years of experience in performing investment

portfolio performance and manager analysis within a multi-asset class

environment - US equity, international equity, fixed income, and

alternatives asset classes; or, alternatively, a Bachelor’s degree (or

foreign education equivalent) in Finance, Economics, or Quantitative

Finance and five (5) years of experience in the job offered or five (5)

years of experience in performing investment portfolio performance and

manager analysis within a multi-asset class environment - US equity,

international equity, fixed income, and alternatives asset classes. Also

requires: Demonstrated expertise (DE) in performing investment portfolio

attribution using Bloomberg and Morningstar; DE creating and implementing

product development strategies specific to Target Date Funds; and crafting

Target Date presentations to communicate investment strategy and

performance attribution to internal and external investment consultants; DE

analyzing and interpreting funds’ investment process, philosophy and

performance to identify and rank investment disciplines and portfolio

managers across US Equity, International Equity, Fixed Income and

Alternative asset classes; DE analyzing asset flows in the Target Date

space and their impact on investment performance.

To apply, visit http://jobs.fidelity.com and search for Job Number 1504578.

Keywords: Fidelity Investments, Boston , Portfolio Associate - 1504578, Finance , Boston, MA, Massachusetts