Fixed Income Research Associate

Fidelity Investments Inc.; Merrimack (NH); On-site; USD 65,000 - 90,000; Full time

Job summary

Fidelity Investments in Merrimack, NH seeks a Fixed Income Research Associate to support bond and money market investment processes and receive four years of structured training in fixed income research and investing.

You will assist senior analysts in sector coverage, build financial models, draft research, maintain data, communicate credit opinions, and generate investment ideas, collaborating with portfolio managers and traders across mandates.

Qualifications

• 1–2 years of work experience; CFA progress a plus.
• Strong quantitative and financial modeling skills.
• Curiosity about investing and comfort with data.
• Highly organized with attention to detail.
• Results-driven, self-motivated, and team oriented.
• Excellent verbal and written communication.

Responsibilities

• Provide in-depth coverage of assigned fixed income sectors.
• Build and maintain financial models for analysis.
• Draft and produce research material for stakeholders.
• Maintain robust and accurate data sets.
• Communicate credit opinions to teams and PMs.
• Generate investment ideas and contribute to discussions.

Skills

CFA (progress towards)

Quantitative analysis

Financial modeling

Critical thinking

Detail oriented

Team collaboration

Communication skills

Job description

Job Description:

Note: Fidelity will not provide immigration sponsorship for this position.

The Role

The Fixed Income research associate program is designed to recruit talented, industrious candidates to support Fidelity’s bond and money market investment processes and train them with the foundational skills to launch successful careers in investing.

In this associate role, you will support the work of senior analysts on the Fixed Income research team to: (i) provide in-depth coverage of assigned sectors; (ii) build and maintain financial models; (iii) draft and produce research material; (iv) maintain robust and accurate data; (v) communicate credit opinions; and (vi) generate investment ideas. You will interact regularly with analysts, portfolio managers and traders across a variety of investment mandates. Our investment process is heavily team-based, and the successful associate will contribute regularly and effectively to group activities.

The Fixed Income Division’s research associate program utilizes an apprenticeship model and provides the participants with experience in fixed income research and investing, as well as in-depth training in particular sectors. The program is designed to last 4 years, at which time successful associates are typically positioned for more senior roles within Fidelity, the asset management industry, or top graduate programs.

The Expertise and Skills You Bring

We are currently seeking candidates who have the following characteristics:

• 1-2 years of relevant work experience; progress towards the CFA designation is a plus
• Strong quantitative analytical skills, including experience with financial modeling
• Critical thinking and intellectual curiosity, including demonstrated interest in investing
• Highly organized and strong attention to detail
• Results-driven; self-motivated to succeed and demonstrate work ethic
• Ability to work and contribute as part of a team
• Excellent oral and written communication

The Team

Fidelity’s Fixed Income division is one of the leading managers of bond and money market instruments with over $2 trillion in fixed income assets. The Fixed Income team combines fundamental research on domestic and international debt issuers with macroeconomic and quantitative analysis to develop investment decisions that stay true to each portfolio’s defined investment mandate, while aiming to maximize risk-adjusted total return for our clients. Our goal is to use our financial expertise to help people achieve their financial goals and live the lives they want. The Fixed Income division is headquartered / located primarily in Merrimack, New Hampshire, one hour north of Boston.

Location

Merrimack, NH

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:

Category:

Investment Professionals

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.