Equity Trading Intern

Job Description:

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.

Investment Research

Looking for an outstanding opportunity to acquire hands-on experience with fundamental analysis and the investment research process? Fidelity’s investment research internships give interns the chance to acquire the core research skills needed to begin a successful and exciting career in investment management.

Investment Research Interns support investment decisions by building financial models, completing financial analysis, and conducting proprietary research. These internships give maximum exposure into the holistic research process through collaboration with research analysts, portfolio managers, traders, quantitative research analysis, and investment support associates.

The Department

Fidelity's Equity Division is responsible for handling more than 130 diversified mutual funds and more than 78 industry specific funds. Assets under management total approximately $2 trillion.

Responsibilities

We are seeking candidates to join the Equity Trading team based in Boston. Interns will be working closely with each of our key trading units, shadowing team members and assisting with various projects throughout the summer. Interns will move through four separate two-week rotations to gain exposure to different trading teams. They will also be exposed to groups working closely with trading, including operations, compliance, and technology. Throughout the program, there will be opportunities to network with other groups within asset management, as well as visit with sell-side counterparts in Boston to gain exposure of the industry. Key goals for the program would include having a solid understanding of the trading business generally, a network of industry contacts, and familiarity with basic terminology and market concepts. Deliverables include a presentation at the end of each rotation and a final project that will include fundamental/technical ratings, trading liquidity profile, and portfolio construction.

Education and Experience

• Class of 2026 Bachelor’s degree candidates
• Interest in growing knowledge of fundamental research and investment management
• Shown initiative in studies and extracurricular activities related to financial markets
• Intellectual curiosity and dedication to continuous improvement
• Excellent verbal and written communication skills
• Proactive; seeks additional responsibilities and learning opportunities
• Proven success during their academic career
• High levels of integrity
• Prior internship experience in corporate setting

Qualifications

• Sound attention to detail
• Ability to multi-task and prioritize
• Demonstrated interest in financial markets through personal study or coursework
• Demonstrated emotional intelligence and willingness to work collaboratively in an inclusive, team-oriented atmosphere
• Possess a genuine curiosity about the trading industry and a willingness to ask questions

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.