Skip to main content

Type of Role: Investments

Experience Level: VP/Principal/Director

Location: Boston, Massachusetts

Salary: $173K - $265K

Fidelity is an American multinational financial services corporation based in Boston, Massachusetts. The company was established in 1946 and is one of the largest asset managers in the world with $4.3 trillion in assets under management, and, as of December 2022, their assets under administration amount to $10.3 trillion. Fidelity Investments operates a brokerage firm, manages a large family of mutual funds, provides fund distribution and investment advice, retirement services, index funds, wealth management, securities execution and clearance, asset custody, and life insurance. Details below.

The Role

Reporting to the Manager Research Team Leader, this position will support the coverage of Fidelity-managed funds used in the investment solutions delivered by FAMS investment teams as well as prospective funds that could be used in the future. This position will also liaise with our manager research counterparts in Strategic Advisers, Inc. (SAI) and Fidelity Institutional Wealth Adviser (FIWA) who partner with FAMS to cover open-architecture funds.  Critical to success in this role will be the ability to 1) confidently engage with fund managers on various facets of their investment process (e.g., financial markets, philosophy, portfolio construction, risk management, performance), 2) effectively develop research conviction and communicate portfolio updates to FAMS portfolio managers and 3) actively participate in asset class and portfolio strategy discussions in various investment forums. This position will be located at the company’s headquarters in Boston, Massachusetts.

The Value You Deliver

  • Responsible for manager due diligence across specified asset classes for existing and prospective funds used in various FAMS investment solutions:
    • Organize, prepare for and lead meetings with underlying portfolio managers to discuss investment philosophy & process, strategy objectives, portfolio construction, and performance.
    • Support the monitoring and analysis of fund performance, attribution, risk and holdings using analytical tools including Bloomberg, FactSet, Stylus, Morningstar, Style Analytics, eVestment Alliance, Barra and other quantitative tools.
    • Provide investment recommendations to FAMS portfolio managers through published research reports, group presentations, and 1:1 meetings.
    • Present monthly and quarterly reviews of fund performance and positioning to FAMS investment teams.
    • Meet with clients and consultants to showcase the team’s research capabilities and provide updates on underlying fund positioning and performance.
    • Monitor the investment universe to identify potential new investment opportunities that will directly impact portfolio recommendations and client investment returns.
  • Contribute to team discussions and asset class initiatives.
  • Fulfill ad hoc research requests from FAMS investment teams.

The Expertise and Skills You Bring

  • Required 5+ years of relevant manager research experience. Desired experience in liquid and illiquid alternative strategies in addition to domestic and international equity funds.
  • Undergraduate degree with progress towards or completion of CFA (Chartered Financial Analyst), CAA (Chartered Asset Allocator), and/or CAIA (Chartered Alternative Investment Analyst) program, and/or a Master’s degree is preferred
  • Ability to comfortably engage in in-depth conversations with portfolio managers, clients, and consultants
  • Strong written and verbal communication skills
  • Ability to analyze and derive insights from large sets of data
  • Capability to manage a variety of tasks simultaneously with superior organizational skills

At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we call “Dynamic Working”. Most associates within FAMS will have a hybrid schedule with a requirement to work onsite in Boston at least 50% of the time. These requirements are subject to change.

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.

Join Us

At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees’ Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.

At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we’re calling “Dynamic Working”. Most associates will have a hybrid schedule with a requirement to work onsite at a Fidelity work location for at least one week, 5 consecutive days, every four weeks. These requirements are subject to change.

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

We invite you to Find Your Fidelity at fidelitycareers.com.

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 3.