Description

With more than $850 billion in assets under management as of August 30th, 2024, Fidelity’s Strategic Advisers, LLC is a leading provider of asset allocation solutions for retail, institutional, and high net worth clients. The range of investment solutions include managed accounts, financial planning frameworks and custom solutions.

Strategic Advisers is a registered investment adviser and Fidelity Investments Company and serves as the investment manager to all Fidelity managed accounts offered by Fidelity’s Portfolio Advisory Services and through Fidelity’s Wealth Management Advisory Services.  We construct and manage asset allocation portfolios for more than a million accounts.

Strategic Advisers is looking for a Portfolio Engineer to join our Greenwood Village, COoffice. The team is responsible for portfolio construction and trading of Fidelity’s retail and workplace managed accounts.  We employ investment expertise, quantitative techniques, and technology to scale our investment processes across both taxable and tax qualified portfolios with a mix of single and multi-asset class strategies, investing in a range of securities, including stocks, bonds, ETFs, mutual funds, and separately managed accounts.

Primary Responsibilities

You will be part of a dynamic group, tasked with developing innovative ways to manage client portfolios at scale. You will work collaboratively within the Systematic Portfolio Engineering team, including mentoring junior team members, to analyze large data sets of portfolio holdings, identify trading opportunities, configure our optimization platform inputs for desired trades, and evaluate portfolio quality.  You will monitor portfolio characteristics, understand factor and risk model exposures, perform cross-sectional and time-series analysis to improve investment outcomes, and build processes to facilitate ongoing oversight across millions of data points.  You will represent the team in projects with our technology group, providing prototypes, requirements, and business context.

Experience and Education

• Bachelor’s degree required

• Graduate degrees in Finance, Economics, Mathematicspreferred

• 6+ years of meaningful experience in an investment rolerequired

Skills and Knowledge

• Knowledge of modern portfolio theory, quantitative portfolio construction methods and tax-sensitive management

• Experience managing multi asset class investment strategies

• CFA or CFP designation preferred

• Experience in tax management strategies preferred

• Experience with SQL and Java preferred

• Experience with data visualization tools such as Tableau or Spotfire a plus

• Experience with optimization software such as Northfield, Axioma, or Barra a plus

• Excellent attention to detail

• Proven ability to work effectively in a highly collaborative, team-oriented environment

• Excellent written and interpersonal skills

Location

Greenwood Village, CO