Fixed Income Research Associate Program 2021
Fidelity’s Fixed Income Division, located in Merrimack, New Hampshire, is one of the country’s leading fixed income managers with over $1 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 seeking to maximize risk-adjusted total return for our clients.
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. Associates will be assigned to a role on a research team focused on one of the following: municipal, financial, industrial or macro research. They will be trained to analyze the credit quality of individual issuers as well as the structural features of securities in the bond and money markets through a formal training program and through direct mentoring by senior analysts. Associates will work closely with expert analysts to learn how to build financial models and to develop credit opinions and investment recommendations. In close collaboration with senior analysts, associates will participate in meetings with bond issuers, credit rating agencies, sell-side research analysts, investment bankers and other market participants. Associates can expect to interact regularly with senior analysts, portfolio managers and traders and play an integral role in the Fidelity investment process. Our investment process is heavily team-based, and the successful associate will contribute regularly and effectively to group activities.
Participation in this program may last up to four years. The associate experience provides an opportunity for successful applicants to build an outstanding skill set positioning them for more senior roles within Fidelity and the asset management industry or to attend top graduate programs.
We are seeking candidates who have the following characteristics:
- Class of 2021 Bachelor’s degree candidates; GPA of 3.5 or higher is preferred
- Strong analytical skills
- Strong oral and written communication skills
- Proven work ethic
- Ability to work independently and as part of a team; should be a good team player, collaborator and relationship builder
- Strong attention to detail
- Proactive and intellectually curious; actively seeks additional responsibilities and learning opportunities
- Previous coursework in economics, accounting and finance (preferred)
- Expertise in Excel and programming (preferred)
Compensation and Opportunity
Fidelity offers competitive compensation and benefits.
Program Start Date
August 23rd, 2020 at 11:59pm EST
Fidelity Investments is an equal opportunity employer.