Portfolio Analyst, Private Equity

2094113

Job Description

The Department

With more than $700 billion in assets under management as of March 31, 2023, Fidelity’s Strategic Advisers, LLC (SAI) 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 a Fidelity Investments Company. SAI 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 2.5 million clients.

The Position

Portfolio Analyst, Private Equity

Private Equity Portfolio Analyst will report to the Group Leader of Fundamental Model Management and work closely with Fidelity’s private equity fund investment team as well as other business partners to support the operations and financial reporting of Fidelity’s Private Equity Multi-Strategy Funds. The role provides an exciting opportunity to join a growing team scaling a business within Fidelity’s broader organization.

The Purpose of Your Role and the Value You Deliver

Primary Responsibilities

Fund investment services

• Provide underlying fund close and documentation support
• Coordinate and track underlying fund capital calls and subscription line usage
• Assist, coordinate and calculate capital calls and distributions
• Identify process improvements to improve the operational workflow of the team
  
  
  

Portfolio and Investment Monitoring Support

• Maintain underlying fund portfolio monitoring information
• Maintain, evaluate and improve existing data gathering tools and spreadsheets
• Use tools and business knowledge to continuously provide insightful information, reporting and analytics that evolve with changes in the business
• Support ongoing and ad-hoc analyses
  
  
  

Fund analysis and oversight

• Quarterly investment reconciliation and NAV reporting at Fidelity fund level and portfolio level
• Assist in developing underlying fund portfolio analytics and reporting
• Prepare and/or review performance data used in marketing materials
• Support ad hoc requests from business partners
  
  
  

The Expertise We’re Looking For

• 5+ years of finance or operations experience with private equity
• Experience with private equity performance reporting and benchmarking
• Bachelor’s Degree or equivalent experience required; MBA or CFA optional
• Experience in or working with professionals in investment management and supporting functions
  
  
  

The Skills You Bring

• Experience with owning outcomes and driving solutions
• Strong interpersonal and relationship building skills that enable you to engage cross-functionally
• Subject matter depth and operations process expertise
• Ability to maintain a high level of attention to detail while handling large workloads and short timelines.
• Ability to prioritize large workloads while managing to critical deadlines
• Passion for financial markets and the investment management process
• Ability to work effectively in a highly collaborative, team-oriented environment
• Excellent written and verbal communications skills
• Knowledge of basic statistics, strong spreadsheet skills and quantitative capabilities
• Capable of performing advanced data analysis using SQL. Familiarity with data visualization tools such as Spotfire or Tableau is a plus.
  
  
  

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.