Sector Trader

Business Division
Fidelity's Equity Division is responsible for managing more than 129 diversified mutual funds and over 50 industry specific funds.  Assets under management total more than $950 billion.  The department consists of over 200 Portfolio Managers, Research Analysts and Research Associates.  The Equity Trading group is made up of 62 trading professionals across our Boston, London and Hong Kong desks, providing 24hour access to global markets. The Equity Trading group manages execution, portfolio services and quantitative analysis for equity, derivatives, convertible bonds and foreign exchange.

The Position  
Based in Boston, the Sector Trader role sits within the Americas Cash Trading team. Sector Traders are responsible for executing higher complexity, multi day equity and equity like orders and serve as strategic execution partners to Portfolio Managers and Research Analysts. The role encompasses both traditional order execution but also trade advisory, liquidity sourcing, and real time investment professional support. Sector Traders operate with deep sector specialization and act as a critical member within the investment process.

The Value You Deliver

• Execute higher complexity, multi day (high ADV) equity orders with a focus on minimizing market impact, information leakage, and implementation costs.

• Serve as a primary execution and advisory partner to Portfolio Managers, providing pre trade strategy, cost expectations, and execution timing guidance for complex situations.

• Develop and maintain deep sector expertise aligned with research teams, enabling subject matter expertise and deep partnerships with analysts. 

• Source differentiated liquidity through extensive broker relationships, including block trades, differentiated liquidity, and bespoke execution opportunities.

• Actively identify and surface internal and external crossing opportunities to reduce market impact and trading costs.

• Provide differentiated market color, sector insights, and thematic commentary through daily notes, market updates, and live engagement with investment teams.

• Engage directly with Portfolio Managers and Analysts during earnings season, corporate events, investor calls, and field trips to remain closely aligned with the investment process.

• Act as a real time control layer, identifying and preventing trade entry errors, operational issues, and execution risks before they reach the market.

• Coordinate closely with internal partners including Compliance, Counterparty Research, Operations, Corporate Actions, Technology, and Portfolio Services to ensure seamless execution and settlement.

The Skills and Experience You Bring

• Bachelor’s degree or higher. Minimum 5+ years of experience in industry. 

• Prior experience in equity trading or related execution roles, with demonstrated exposure to complex, multi day order execution.

• Strong understanding of equity market microstructure, liquidity dynamics, and execution strategies across regions and sectors.

• Ability to engage effectively with Portfolio Managers and Analysts, translating investment intent into executable trading strategies.

• Proven judgment under pressure, with a strong risk mindset and attention to detail in fast moving market environments.

• Demonstrated ability to build and maintain long term broker relationships to access differentiated liquidity.

• Ability to operate independently while contributing within a highly collaborative, globally coordinated trading team.

Values

• The following values are fundamental to the way in which Fidelity operates: Accountability, Integrity, Teamwork

Note: Fidelity will not provide immigration sponsorship for this position.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.   

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home.  These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career.  Note, the application window closes when the position is filled or unposted.

Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles. Some roles may have unique onsite requirements. Please consult with your recruiter for the specific expectations for this position.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.