Equity Research Analyst I - 1803219
Company: Fidelity Investments
Location: Boston, MA
Posted on: April 13, 2018
Duties: We are currently recruiting for a Research Analyst to join our
office based in Boston. The Analyst will report to the Managing Director of
This Analyst will be responsible for both identifying new opportunities and
monitoring existing positions across his/her assigned sub-sector(s). This
Analyst will work closely with the Portfolio Managers and other Analysts on
the International team and play a vital role in contributing to the
investment performance of those products.
Specific responsibilities include:
1. Generate and validate new ideas within his/her sub-sector area(s)
that are consistent with the teamís investment process. Specifically, idea
a. Investigate stocks generated by the proprietary ranking process to
identify potential to meet the fundís key criteria of attractive valuation
and future positive change. This process typically has a quick look and,
for those stocks that continue to meet the fundís criteria, more extensive
b. Identify stocks through Analystís own process of monitoring
opportunities in his/her sub-sector area(s) by, for example, using screens,
Fidelity research, and sell-side research.
2. Maintain coverage of assigned sector stocks held in the required
portfolios. Specifically, coverage involves:
a. Performing industry analysis -- monitoring trends and developing a
view regarding the relative attractiveness of the assigned sub sectors.
b. Maintaining up-to date recommendations and target prices.
c. Creating and maintaining proprietary financial models and valuation
d. Monitoring investment thesis to track progress of improving
dynamics and other critical variables.
e. Conducting proprietary research.
f. Collaborating with other Fidelity Analysts.
g. Interacting with company management through meetings and calls.
3. Communicate updates and recommendations to the International team
and broader Fidelity investment organization. The most important form of
communication will be in-person discussions, supplemented by brief written
reports, voicemails and emails as needed.
Requirements: Bachelorís degree (or foreign education equivalent) in
Finance, Economics, Accounting, Statistics, Business Administration,
Mathematics, or a closely related field and two (2) years of experience in
the job offered or two (2) years of experience performing buy-side
fundamental equity research within the utilities, infrastructure and
consumer, or business services sectors. Candidate must also possess:
Demonstrated Expertise (ďDEĒ) developing long-term investment strategies
within the utilities, infrastructure and consumer, or business services
sectors ó including analysis around global construction and consumption
trends -- to inform stock selection recommendations for portfolio managers
through the business cycle; DE analyzing a wide range of multi-sector
business models and market factors -- market share, product
differentiation, customer preference, earnings and revenue projections --
and performing proprietary equity research and analysis (including building
earnings forecasts and revenue models using Excel, Bloomberg, and Factset);
DE conducting interviews of C-level executives of publicly traded
companies, industry experts, and industry participants to develop
actionable investment insights to support stock selection recommendations
for portfolio managers; DE performing industry analysis, including supply-
demand models, conducting channel checks and consumer surveys, building MS
Excel forecast/valuation models with multiple operating and capital
structure scenarios, and running Bloomberg screens for idea generation.
To apply, visit http://jobs.fidelity.com and search for Job Number 1803219.
Keywords: Fidelity Investments, Boston, Equity Research Analyst I - 1803219, Finance, Boston, MA, Massachusetts
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