Wednesday, June 28, 2006

Sector Specialist - Equity Research

Those interested kindly send the profiles to naveen.chhabra@fmr.com with subject as Group Leader – Equity Research

Job Title: Sector Specialist – Equity Research
Department: Fidelity Management & Research Co., Equity Research

The Company

Fidelity Investments is one of the world's largest providers of financial services, with custodied assets of $2.4 trillion, including managed assets in excess of $1.3 trillion. Fidelity offers investment management, retirement planning, brokerage, and human resources and benefits outsourcing services to more than 20 million individuals and institutions as well as through 5,500 financial intermediary firms. The firm is the largest mutual fund company in the United States, the No. 1 provider of workplace retirement savings plans, one of the largest mutual fund supermarkets and a leading online brokerage firm.

The Department

Fidelity's Equity Division is responsible for managing more than 129 diversified mutual funds and over 60 industry specific funds. Assets under management total more than $702 billion. The Boston department consists of over 100 Investment Professionals including Portfolio Managers, Research Analysts and Research Associates.


The Position

Fidelity Management & Research Company (FMR Co) is currently looking for a Sector Specialist to join the FMR Co India office based in Bangalore, India. The Sector Specialist will provide general equity research support to the Equity Research Analysts and Associates based in Boston, Massachusetts, USA.

The responsibilities of the Sector Specialist include the following:

o Gathering important industry data related to the assigned
sector to support Research Analysts and Associates with
stock-specific and industry presentations.

o Creating business profiles for individual companies in the
assigned sector with an emphasis on highlighting competitive
positioning, geographical and segmented financial information, profit
margin analysis, balance sheet ratio analysis and uses of cash flow.

o Updating valuation and sector sheets for the Research
Analysts and Associates on the sector team.

o Building historical financial models.

o Working closely with other Sector Specialists (both in
Bangalore and Boston), industry sources and Wall Street contacts in
order to gain important insights and knowledge within the assigned
sector.

Qualified candidates should have an MBA or CA degree. Demonstrated progress towards obtaining a CFA is desirable. The candidate should have demonstrated quantitative analysis experience, as well as strong communication skills. Experience in sourcing and manipulating data is essential, as well as advanced Excel skills. Experience using Bloomberg, Factset, StockVal and WONDA is desirable. Because the Sector Specialist will be supporting multiple Analysts and Associates, the successful candidate must be a team player, able to juggle multiple projects, able to work under pressure and time constraints, and possess strong communication skills.

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