Fidelity Investments is one of the world’s largest providers of financial services, with assets under administration of more than $3.8 trillion, including managed assets of nearly $1.6 trillion, as of October 31, 2012.
Founded in 1946, the firm is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and many other financial products and services to more than 20 million individuals and institutions, as well as through 5,000 financial intermediary firms.
Founded in 1979, Fidelity Financial Advisor Solutions (FFAS) provides investment management services through investment professionals at U.S. and global financial institutions including national, regional and independent broker/dealers, Registered Investment Advisors, banks, and
insurance companies. The company offers Fidelity mutual funds, Variable Insurance Products (VIP) Portfolios, Fidelity Advisor 529 Plans, Systematic Investment Plans, Institutional Money Market funds, and a comprehensive line of retirement products and services
Investment Consulting Services (ICS) is a team within the Fidelity Financial Advisor Solutions (FFAS) Company.
The ICS team functions as an in-house investment resource for Fidelity’s intermediary client base, with a primary focus on supporting due diligence research teams that build multi-asset, multi-manager portfolios for packaged investment solutions.
Fee-based wrap programs, 401(k) asset allocation models and variable annuities are examples of such solutions.
The Vice President, Head of Portfolio Analytics will be responsible for the development and delivery of a service offering to assist
FFAS clients with multi-manager, multi-asset portfolio construction and optimization.
This individual will partner with other members of the ICS team as well as members of the FFAS distribution team to assist
existing and prospective clients with all aspects of portfolio construction and optimization.
He/She may draw upon assistance from a team of analysts within ICS, and may hire/manage another quantitative resource. The position is located in Smithfield, RI, and will report to the Senior Vice President within ICS.
Develop portfolio construction, optimization and risk analytics for existing and potential clients to help them improve risk-adjusted performance.
Examples of initiatives may include:
Develop an optimization framework that will impact clients’ fund selection, asset allocation positioning, and rebalancing frequencies under different macroeconomic environments
- Present this information to clients of various levels of experience and investment sophistication
- Develop processes to make the offering scalable across many clients – potentially hundreds – with varying degrees of customization
- Lead and cooperate with teammates from technology, finance,
marketing, sales and other functional areas to develop and deliver the offering
7+ years related experience in portfolio construction and optimization
Experience with multi-asset, multi-manager portfolio construction and optimization
Experience with client communications
CFA and/or advanced degree in finance preferred
Entrepreneurial inclination and experience building a team or function preferred
Strong communication and writing skills, in particular in regards to translating complex quantitative analysis into relevant and applicable investment solutions
Strong ability to think critically and proven record of thought leadership for portfolio construction and optimization
Strong knowledge of optimization techniques and their applications for portfolio construction
Proficient in the use of optimization tools such as Axioma, Barra, Northfield, Ibbotson, CPLEX or similar software
The following values are considered to be fundamental to the way in which our company operates:
Fidelity Investments is one of the world’s largest providers of financial services. Founded in 1946, the firm is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and many other financial products and services to more than 20 million individuals and institutions, as well as through 5,000 financial intermediary firms. For more information about Fidelity Investments, visit
Fidelity Investments is an equal opportunity employer.
Master's Degree (±18 years)
Yes, 25 % of the Time
Fidelity Investments - 2 years ago
Fidelity Investments has a rich and proud history of making financial expertise accessible and effective in helping people live the lives...