Research Associate

Job Description:

Fixed Income Research Associate 2024

At Fidelity, we are focused on making our financial expertise broadly accessible and effective in helping people live the lives they want— from the 23 million people investing their life savings, to the 20,000 businesses managing their employee benefits programs, to the 10,000 advisors and institutions needing innovative technology solutions to invest their clients’ money. To do this well, as a privately held company, we place a high degree of value in nurturing a work environment that attracts the best talent and reflects our commitment to being an employer of choice. For more information about Fidelity Investments, visit www.fidelity.com.

The Department

Fidelity’s Fixed Income Division is one of the world’s leading fixed income managers with over $1.5 trillion in fixed income assets managed by a staff of more than 200 investment professionals.  At Fidelity, we combine fundamental research on domestic and international debt issuers with macroeconomic and quantitative analysis to make investment decisions and help our clients achieve their financial goals. The Fixed Income Division is headquartered in Merrimack, New Hampshire.

The Position

The Fixed Income research associate program is designed to recruit talented, industrious undergraduates to support Fidelity’s bond and money market investment process and train them with the foundational skills to launch successful careers in finance and investing.

In this associate role, you will support the work of senior analysts on the Fixed Income research team to: (i) provide in-depth coverage of assigned issuers; (ii) build and maintain financial models; (iii) draft and produce research material; (iv) maintain robust and accurate data; (v) communicate credit opinions; and (vi) generate investment ideas. You will interact regularly with analysts, portfolio managers and traders across a variety of investment mandates. Our investment process is heavily team-based and the successful associate will contribute regularly and effectively to group activities. 

The Fixed Income Division’s research associate program utilizes an apprenticeship model and provides the participants with experience in fixed income research and investing, as well as in-depth training in particular sectors. Participation in this program typically lasts up to 4 years, at which time successful associates will be positioned for more senior roles within Fidelity, the asset management industry, or top graduate programs.

Qualifications

We are seeking candidates who have the following characteristics:

• Class of 2024 Bachelor’s degree candidates

• Strong analytical, quantitative, and problem-solving skills

• Critical thinking and intellectual curiosity, including strong interest in investing

• Excellent oral and written communication

• Ability to work and contribute as part of a team

• Attention to detail

• Highly organized and results-driven

• Self-motivated and demonstrated work ethic; actively seeks additional responsibilities and learning opportunities.

Compensation and Opportunity

Fidelity offers competitive compensation and benefits.

Location

Merrimack, NH

Program Start Date

July 22, 2024

Application Deadline

October 8, 2024 @ 11:59pm ET

Fidelity Investments is an equal opportunity employer.

Please see below for the salary range for work locations in Colorado only:

Please see below for the salary range for work locations in New York City, Westchester County, NY and Jersey City, NJ only:

Please see below for the salary range for work locations in California only:

Please see below for the salary range for work locations in Washington only:

Certifications:

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.

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 Best Place to Work in 2023. 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.

At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we’re calling “Dynamic Working”. Most associates will have a hybrid schedule with a requirement to work onsite at a Fidelity work location for at least one week, 5 consecutive days, every four weeks. These requirements are subject to change.

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, or by calling 800-835-5099, prompt 2, option 3.

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 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.