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Fidelity Investments
Portfolio Manager, Systematic High YieldFidelity Investments • Boston, MA, US
Portfolio Manager, Systematic High Yield

Portfolio Manager, Systematic High Yield

Fidelity Investments • Boston, MA, US
30+ days ago
Job type
  • Full-time
Job description

Job Description

:

Systematic High Yield Portfolio Manager

This position will be a part of the Systematic Fixed Income Strategies, a division of Quantitative Research & Investments team (QRI) of Fidelity Management and Research Company. In this role, the candidate will be responsible for implementation of active credit systematic strategies with focus on high-quality execution and transparency. The successful candidate will work closely with research and trading to ensure systematic strategies are applied to the portfolios accurately and in line with portfolio guidelines and risk budgets. The candidate will also contribute to the design and development of active systematic strategies through alpha idea generation and research into execution methods for implementation alpha. Successful candidate will also help develop analytics, reports, tools, and framework to attribute performance, monitor risks and improve execution.

QRI is responsible for the management and development of new quantitative strategies and solutions while providing high quality quantitative, data-driven support to Fidelity’s investment professionals, ensuring they have access to the most relevant data and advanced quantitative analysis. The investment and research team dedicated to Systematic Fixed Income is responsible for the research, design, development, and implementation of systematic active Fixed Income strategies.

Responsibilities

  • Daily management and re-balancing of portfolio investments and cash flows in a risk-controlled manner.
  • Help design and enhance active credit systematic investment strategies by identifying new investment insights and research low-cost implementation methods.
  • Design and develop analysis and monitoring tools to achieve best practices in all aspects of the investment process. (Portfolio Construction/Risk Management/Attribution/Transaction Cost Analysis).
  • Working closely with Fidelity Trading team to ensure optimal execution and be a leader towards building the future state of trading workflow.
  • Ensure that all portfolios are managed to the highest fiduciary standards
  • Perform cash management processes and derivative life-cycle events
  • Effectively collaborate with researchers and portfolio managers across the rest of Fidelity.

Qualifications

  • Advanced degree in Engineering, Physics, Mathematics, Economics, Finance, Computer Science, or other quantitative discipline.
  • At least 5-10 years of working experience in building and managing portfolios, portfolio optimization, construction tools, investment processes etc.
  • Portfolio Management or Trading experience with one or more Credit Instruments (Corporates/CDS/CDX/Bank Loans; HY/EM)
  • Strong knowledge of fixed income markets, instruments, and analytics.
  • Experience with financial packages and portfolio management tools (e.g., Bloomberg and electronic trading platforms)
  • Aptitude with programming languages (e.g., Python, MATLAB, SQL, VBA) and relational databases. Coding experience preferred, especially in Python
  • Very strong interpersonal and verbal communication skills and eagerness to work in a team environment

Certifications:

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Portfolio Manager, Systematic High Yield • Boston, MA, US

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