Consultant Relations Investment Analyst

Fidelity Investments; Smithfield (RI); On-site; USD 82,000 - 120,000; Full time

Job summary

Fidelity Investments Inc. is seeking a Consultant Relations Investment Analyst to coordinate and respond to data requests, RFPs/RFIs, and due diligence questionnaires. Build strong external relationships with analysts and consultants while supporting internal teams across Asset Management and WI.

The role requires 3+ years in financial services, MBA/CFA progress preferred, and proficiency in Excel, Salesforce, and Morningstar Direct. Series 7/63 licenses within 90 days are required.

Qualifications

• 3+ years’ experience in financial services industry; ideally in institutional investment management or product management with DC/DB exposure.
• MBA or CFA progress preferred.
• Strong understanding of investment concepts, asset classes and retirement plans.
• Proficiency in Excel, Salesforce, Morningstar Direct and other online web applications.
• Strong project management skills; ability to coordinate multiple projects internally and externally.
• Initiative, resourceful, able to solve problems independently with sound judgement.
• Ability to gather, interpret, and synthesize investment data from diverse sources.
• Collaborative mindset and cross-functional coordination within the organization.
• Fidelity investment managers knowledge and market trends familiarity; strong communication skills.

Responsibilities

• Coordinate and respond to ad hoc investment data requests, RFPs/RFIs, and due diligence questionnaires.
• Support consultants and analysts with detailed Fidelity product information (performance, characteristics, philosophy).
• Collaborate with RFP Team to complete detailed RFPs/RFIs; some may be completed by CR team.
• Provide market perspectives and feedback to CR and Asset Management product teams from industry interactions.
• Schedule and host calls with portfolio managers and institutional teams to review Fidelity products.
• Assist with onsite due diligence meetings with CIOs and institutional PMs.

Skills

Relationship management

Project management

Data interpretation

Communication

Financial analysis

Team collaboration

Education

MBA

CFA progress

Tools

Excel

Salesforce

Morningstar Direct

Job description

Fidelity will not provide immigration sponsorship for this position.

Job Description:

The Role

The Consultant Relations Investment Analyst plays a key role within the Consultant Relations team by coordinating and responding to ad hoc requests for investment data, RFPs/RFIs and due diligence questionnaires. With Relationship Managers spending 35-45% of their time meeting with consultants, you are able to respond quickly and efficiently to due diligence requests, which often require quick turnarounds. Successfully meeting these expectations will require you to develop a deep understanding of the investment content, in addition to building positive relationships with internal partners across Asset Management, Investment Product, RFP Team and Workplace Investing (WI). Most importantly, it will require you to build strong external relationships with the analysts and consultants we support. Consultants play an increasingly important and influential role in the institutional investment industry, and the work you do to support them provides a critical foundation for a strong partnership with Fidelity.

The Institutional Client Group is an integrated investment, distribution and client service organization dedicated to meeting the unique needs of the institutional marketplace. The Consultant Relations team serves as the gateway for consultants and retirement advisors servicing institutional investors, such as defined contribution and defined benefit plans, to access Fidelity’s best-in-class asset management capabilities.

The Expertise and Skills You Bring

• 3 plus years’ experience in financial services industry; ideally in institutional investment management, product management with experience in the defined contribution or defined benefit market
• MBA or CFA progress preferred
• Strong understanding of investment concepts, asset classes and retirement plans
• Working proficiency in Excel, Salesforce, Morningstar Direct and other online web applications
• Strong project management skills; ability to strategically coordinate and complete multiple projects (internal and external) simultaneously
• Initiative, resourceful, ability to solve problems independently, while exercising sound business judgement
• The ability to gather, interpret and synthesize disparate investment data from different sources will be one of your strongest traits
• Your collaboration skills and ability to work horizontally and vertically within the organization will serve you well in this role
• Your colleagues would describe you as having a strong understanding of financial markets, Fidelity investment managers, trends within retirement industry, and key consulting firms across the institutional investment industry.
• Your developing communication, relationship management and meeting facilitation skills will be crucial in this role, particularly as you become more involved with the consultant relationships, video calls and meetings.
• Supply external consultants and research analysts with detailed investment information on Fidelity products. For example, investment performance, portfolio characteristics, commentary and attribution, a concise portrayal of process and philosophy, and ultimately messaging the competitive advantage of Fidelity’s asset management capabilities
• Coordinate with the RFP Team the completion of detailed RFPs/RFIs and due diligence questionnaires. In some cases, these would be completed directly by the Consultant Relations team
• Provide insightful market perspectives and impactful feedback to the broader CR team and Asset Management product teams from interactions with the institutional investment community
• Schedule, coordinate, participate and as needed host conference calls with portfolio managers and institutional portfolio managers to review Fidelity investment products
• Schedule, coordinate and participate in onsite due diligence meetings with Fidelity portfolio managers, CIOs and institutional portfolio managers
• Series 7 and 63 licenses required within 90 days of hire

The Team

The Investment Consultant Relations (CR) group sits within Fidelity Institutional, which is a business unit dedicated to the distribution of Fidelity’s equity, fixed-income, alternatives, high-income and global asset allocation investment capabilities to institutional channels. This role joins a team of 13 seasoned relationship managers and analysts dedicated to the investment consultant channel. CR is responsible for all consultant interactions, ratings development, and support of Fidelity investment product for institutional. Analysts support the CR RMs and their work across the Fidelity enterprise with client relationship managers and business development professionals in multiple market segments.

Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

Certifications:

Series 63 - FINRA, Series 7 - FINRA

Category:

Investment Operations

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.