Fixed Income Trader, Government Money Market

Job Description:

The Department

Located primarily in Merrimack, New Hampshire, Fidelity’s Fixed Income Division is one of the country’s leading fixed income managers with over $1.5 trillion in fixed income assets managed by a staff of roughly 200 investment professionals.  At Fidelity, we combine fundamental research on domestic and international debt issuers with macroeconomic and quantitative analysis to develop investment decisions.  Our goal is to use our financial expertise to help people live the lives they want.

The Position

The government money market trader will be an integral member of the Fixed Income money market investment team. The money market team consists of portfolio managers (PMs), research analysts, quantitative analysts, and traders that work together collectively to make informed investment decisions that benefit our shareholders.  The taxable money market trader will have a particular focus across various government money market security types.

Primary Responsibilities   

• Focus on multiple aspects of government money market trading
• Source investment opportunities and access liquidity in the marketplace
• Collect, organize, and disseminate relevant market and trading information to the investment team
• Partner with portfolio managers, traders, and analysts to generate investment ideas that will have a positive impact on our investment performance
• Establish and maintain strong dealer relationships (sales, trading)
• Represent the trading desk in periodic team meetings and other ad hoc forums
• Partner with technology, compliance, legal, operations, and other internal groups to provide best-in-class service and execution capabilities to various portfolios

Qualifications

• 5-10 years of buy-side or sell-side fixed income investment-related experience
• Undergraduate degree required with progress toward MBA/CFA preferred
• Demonstrated interest in investing and capital markets
• Strong analytical ability along with excellent communication skills
• Ability to multi-task in a fast-paced environment with a constant focus on accuracy
• Team player who is flexible, willing to pitch-in where needed, be familiar with front-to-back office operations, and proficient with technology
• Ability to think creatively and independently while working in a collaborative environment
• Aptitude for using new technologies to enhance our workflows, trading systems, and market surveillance capabilities

Certifications:

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 working model blends the best of working offsite with maximizing time together in person to meet associate and business needs. Currently, most hybrid roles require associates to work onsite all business days of one assigned week per four-week period (beginning in September 2024, the requirement will be two full assigned weeks).

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.