Senior Associate Director, Multi-Asset Risk & Portfolio

Fidelity International; Wealden; On-site; GBP 90,000 - 130,000; Full time

Job summary

Fidelity International in London is seeking an Associate Director, Portfolio Construction & Risk to lead European Multi-Asset portfolio construction and risk oversight. You will partner with Portfolio Managers and the Multi-Asset CIO to deliver independent challenge and actionable insights.

With 7–10 years in portfolio construction or investment risk, you will drive governance, analytics and key initiatives, working across regions and with global PCR colleagues to align practices and outputs.

Qualifications

• 7–10 years of relevant experience in portfolio construction, investment risk, Multi-Asset investing or related area.
• Strong practical experience of Multi-Asset portfolio construction, including asset allocation and risk budgeting.
• Experience with Portfolio Managers and senior investment professionals.
• Familiarity with BarraOne, RiskMetrics, PORT or comparable systems.
• Strong client-facing and presentation skills.

Responsibilities

• Provide portfolio construction and investment risk coverage for European-based Multi-Asset Portfolio Managers, offering independent challenge and practical recommendations.
• Lead key Multi-Asset initiatives across portfolio construction, analytics and investment processes.
• Lead Quarterly Fund Reviews and contribute to weekly CIO and other investment governance discussions.
• Analyse portfolio positioning and risk, including factor exposures, scenario analysis and stress testing.
• Work closely with PCR colleagues globally to ensure a consistent approach and share best practice.
• Present portfolio construction and risk insights clearly to clients, consultants and senior internal stakeholders.
• Partner with investment, product, distribution, data and technology teams on strategic and client-led priorities.
• Support the development of the wider PCR team through knowledge sharing and coaching of junior colleagues.

Job description

Fidelity International in London is seeking an Associate Director, Portfolio Construction & Risk to lead European Multi-Asset portfolio construction and risk oversight. You will partner with Portfolio Managers and the Multi-Asset CIO to deliver independent challenge and actionable insights.

With 7–10 years in portfolio construction or investment risk, you will drive governance, analytics and key initiatives, working across regions and with global PCR colleagues to align practices and outputs.