Associate Investment Manager

The Portfolio Engineering (PE) function within SAI is responsible for the management, customization, and execution of individual client portfolios. Within the PE function, the Personalized Wealth Management team is focused on our clients' most complex investment situations.

The Role

The Associate Investment Manager will join the Personalized Wealth Management team in our Denver office. The role is both to support senior members of the team, as well as provide tax-sensitive, customized management of multi-asset class portfolios for taxable individuals and trusts for Fidelity Wealth Services. You will learn and implement our overlay management strategies with a goal to improve after-tax returns while controlling risk. Candidates must be a CFA, CFP or be willing to sit for or have passed the Series 65.

Responsibilities

Investment Management Support

• Provide support to our Sr. Investment Managers; prepare for client meetings, including running portfolio analysis and performance attribution reports.
• Provide personalized transition analysis for hypothetical scenarios and recommendations to clients on security transfers for charitable intentions.
• Monitor and update portfolio assignment for Sr. Investment Managers

Portfolio Trading/Management

• Manage individual client portfolios consistent with Strategic Advisers' investment philosophy and the unique personalization of each client portfolio.

• Implement investment strategies based on market movements, tax management opportunities, changes in model portfolio or investment options.
• Develop a deep understanding of internal analyst and portfolio manager research on individual securities, ETFs, mutual funds, portfolio construction, and business cycle positioning to achieve superior pre- and after-tax returns consistent with the SAI's investment philosophy.
• Monitor and carry out fiduciary responsibilities with a high-level of integrity.

Qualifications

Experience/Education

• Prior experience within financial services
• Graduate degree preferred; degree or emphasis in Engineering/Computer Science/ Data Science/Accounting/Economics subjects strongly preferred.
• Existing or progress toward CFA, CFP or Series 65 credential preferred; or, a willingness to obtain the Series 65 and work towards CFA or CPF.

Skills and Knowledge

• Ability to work effectively on a collaborative team with a strong spirit of innovation.
• Understanding of portfolio theory and quantitative portfolio construction techniques in a taxable environment.
• Technical and programming skills including R, Python, Java, and SQL is a plus, but not required.

The base salary range for this position is $100,000 - $165,000 per year.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

Fidelity's hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.

Certifications:

Series 65 - FINRA

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.

Fidelity's hybrid working model blends the best of both onsite and offsite work experiences. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite.

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.