About the Opportunity

Job Description

Title                 Portfolio Construction & Risk Analyst

Department    Portfolio Construction & Risk

Location          Hong Kong

Reports To      Head of Portfolio Construction Governance

Level                Level 5

We’re proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join our team and feel like you’re part of something bigger.

Our clients come from all walks of life and so do we.  We are proud of our inclusive culture and encourage applications from the widest mix of talent, whatever your age, gender, ethnicity, sexual orientation, gender identity, social background and more.

As a flexible employer, we trust our people to perform their role in the way that works best for them, our clients and our business. We are a disability-friendly company and would welcome a conversation with you if you feel you might benefit from any reasonable adjustments to perform to the best of your ability during the recruitment process and beyond.

About your team

The Portfolio Construction & Risk team sits within FIL’s broader cross-asset investment platform and plays a central role in supporting both Fixed Income and Multi-Asset investing.

The team’s core remit is to lead the first line of defence investment risk process, partner closely with Portfolio Managers to support portfolio construction, portfolio analytics and risk management, and provide independent, insight-driven challenge to investment teams. The team also acts as a key advisor to Chief Investment Officers, contributing to investment oversight forums including Quarterly Fund Reviews (QFRs) and other regular governance discussions.

More broadly, the team helps ensure that risk is embedded in day-to-day investment decisions, while also driving the continued evolution of FIL’s portfolio construction and risk-management capabilities.

About your role
 

This role has been created to support the growing responsibilities of the Portfolio Construction & Risk team as FIL continues to enhance its investment risk framework, analytics toolkit and portfolio construction capabilities.

The role will be focused primarily on Fixed Income, while also providing support to Multi-Asset activities where required. It is well suited to an analytically strong and commercially minded individual who enjoys solving real investment problems, working closely with portfolio managers, and translating quantitative analysis into practical portfolio insights.

You will contribute across a broad range of activities, including portfolio analytics, risk oversight, model and tool development, strategy support, and research-led portfolio construction projects. You will also help strengthen the team’s use of data, technology and third-party risk systems, ensuring we continue to operate in line with leading industry practice.

Key responsibilities:

• Support the Portfolio Construction & Risk team in delivering high-quality portfolio analytics, risk oversight and portfolio construction advice across primarily Fixed Income strategies, with selective support for Multi-Asset mandates.
• Participate in Quarterly Fund Reviews and other investment governance forums, helping ensure that portfolio risks are clearly understood, appropriately assessed, and communicated effectively.
• Respond to analytical requests from Portfolio Managers, CIOs and clients, providing thoughtful, well-judged analysis and clear interpretation of results.
• Conduct quantitative research to support portfolio construction, risk management and strategic investment decisions, using Python and internal / external datasets.
• Contribute to the design and enhancement of analytical frameworks used to assess portfolio exposures, risk concentrations, stress scenarios, liquidity considerations and broader portfolio efficiency.
• Help develop and improve the team’s reporting, monitoring and decision-support capabilities, ensuring outputs are robust, scalable and relevant to evolving investment needs.
• Play an active role in FIL’s use of third-party risk and analytics platforms (for example MSCI Barra or similar tools), helping maximise their value, improve implementation and maintain alignment with industry best practice.
• Work collaboratively with colleagues across investments, risk, data and technology to support ongoing enhancements to FIL’s portfolio construction and risk-management framework.
• Contribute to ad hoc strategic projects, including new strategy development, analytics innovation and broader portfolio construction initiatives.

About you:

• Proficiency in Cantonese and/or Mandarin is highly desirable, with the ability to communicate effectively with stakeholders across Asia markets.
• Strong coding and dashboard development skills are required, including the ability to automate processes, analyse data, and build insightful management reporting and visualization tools.
• Degree educated, preferably in Statistics, Mathematics, Finance, Economics or a related quantitative discipline.
• Experience in a similar analytical, investment-risk, portfolio construction or research-oriented role within asset management or a related field.
• Strong understanding of Fixed Income markets and instruments; familiarity with Multi-Asset investing would be advantageous.
• Strong quantitative skill set, with practical Python experience for investment analysis, research and problem solving.
• Comfortable working with data and translating quantitative outputs into clear, decision-useful insights.
• Sound judgement, intellectual curiosity and a strong desire to learn and develop in a fast-paced investment environment.
• Confident communicator with the ability to build effective relationships and credibility with colleagues across investment teams and senior stakeholders.
• Proactive, collaborative and solutions-oriented, with a strong track record of improving processes and bringing new ideas forward.
• Familiarity with MSCI Barra risk models or similar third-party risk systems would be an advantage.
• Progress toward, or interest in, professional qualifications such as CFA or FRM is welcomed; support can be provided as appropriate.

Why join this role?

This is an excellent opportunity to join a high-impact team at the intersection of investments, risk and portfolio construction. You will gain exposure to senior investors, contribute to important strategic initiatives, and help shape the tools, frameworks and insights that support better investment decisions across FIL.

Feel rewarded

For starters, we’ll offer you a comprehensive benefits package. We’ll value your wellbeing and support your development. And we’ll be as flexible as we can about where and when you work – finding a balance that works for all of us. It’s all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.