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Cannon Falls, Minnesota, United States
Remote only
Title - Stewardship Analyst
Department - ESG
Location - Cannon Street
Reports To - Associate Director, Stewardship
Level - 6
Purpose of the role:
The Stewardship Analyst will review, analyse and formulate voting decisions for companies held in various Fidelity funds and institutional client portfolios. The individual will also help gather research, write memoranda and provide governance and sustainability advice to other business units within the fund complex as required.
The individual will also support the Sustainable Investing Team in their day-to-day activities including: working with investment professionals to integrate ESG analysis in their investment analysis, provide them with ESG research and data as required, and complete ESG risk analysis within portfolios and sector coverage; working with client-facing teams to evidence the ESG integration process to our clients and consultants; and engaging with companies on ESG issues.
Key Responsibilities
Proxy Analysis:
Proxy analysis will include an in-depth review of all available public disclosure including internal and external research. Sources of information may include company annual reports and circulars, Fidelity equity analyst research notes and third-party research reports from a variety of sources.
The analysis requires familiarity with a variety of issues that may be presented for shareholder approval such as board of directors elections, executive remuneration and incentive plans, requests for additional capital authorisation, acquisitions/disposals, anti-takeover devices, and shareholder proposals. The analyst should have a working knowledge of the proxy voting process as well as of substantive corporate governance and sustainability issues in major developed markets.
Research and Writing Skills:
The position requires good writing and research skills. Writing and research assignments will normally involve producing explanations for wider distribution within Fidelity related to specific pending proxy voting decisions as well as memoranda on ESG issues of topical interest. The analysis requires an ability to identify issues for escalation. In addition, the analyst will contribute to the production of report-writing for distribution to Fidelity clients along with internal ESG reporting.
Internal and External Communication:
The candidate will be required to develop mutually productive relationships with individuals from various parts of the Fidelity fund complex, including equity research, legal, compliance, investment directors, institutional, sales & marketing. Externally, the candidate may interact with custodian banks, voting / ESG vendors, and brokers. In addition, the ability to consult with investee companies including board members, company secretary, IR on ESG issues. The candidate may also represent Fidelity at General Meetings, industry conferences and panel discussions.
Project Management/Operational Skills and Problem-Solving:
The position requires strong project management skills and the ability to solve problems creatively. The candidate may be asked to participate in projects to facilitate and streamline the teams processes and should be alert for solutions to enhance efficiency.
ESG Support:
In addition to their core work supporting proxy voting, the candidate will work with FIL equity analysts and portfolio managers across the asset classes to maintain awareness of ESG stock drivers and implement sustainability practices into our investment process. The candidate will also work with the RFP team and other institutional support teams to organise responses to sustainability and ESG-related questionnaires.
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.