Analyst, Quantitative Investment Management

2079891

Analyst, Quantitative Investment Management, Strategic Advisers

The Department

Strategic Advisers, LLC is a registered investment advisor and wholly owned subsidiary of FMR LLC that provides investment management services to clients through Fidelity’s retail and institutional distribution channels. For more than 25 years Strategic Advisers has specialized in the design, construction, and management of asset allocation solutions, as well as the methodologies for many of Fidelity’s investment planning tools, to help investors reach their financial goals. With over $700 billion in assets under management in a blend of Fidelity and third-party investment vehicles, the Strategic Advisers team of investment professionals’ constructs and manages asset allocation portfolios for more than two million customer accounts.

The Role

The Research and Development team within the Portfolio Engineering group is responsible for the research and development of investment methodologies that enable SAI to manage personalized client portfolios at scale. The team focuses on using quantitative portfolio construction methods to implement new investment ideas and capabilities in millions of client accounts, bridging product development, fundamental and quantitative research, investment management and technology. As SAI continues to grow and manage increasingly complex goals and portfolios, the Research and Development team will play a key role in improving and building the new portfolio construction methodologies, tools, workflows and platforms that are needed.

Responsibilities

• Work across Portfolio Engineering (e.g. Systematic IMs) and other research groups to enhance the existing portfolio construction process for both single and multi-account investment solutions across retail and workplace clients.
• Partner with the investment architecture team and business partners as a subject matter expert to guide requirements for future platform capabilities.
• Look for opportunities to improve investment management efficiency and effectiveness across Portfolio Engineering (e.g., scale, process, client outcomes)
• Research, design and prototype the next generation of quantitative investment methodologies such as portfolio construction, optimization tuning, prediction modelling and quality metrics.
• Evaluate emerging technologies and portfolio construction techniques with potential to improve investment outcomes.

Education And Experience

• 5+ years of work experience in the investment management industry in a role where quantitative finance and technical skills were required.
• Graduate degree in a related field (Finance, Engineering, Mathematics and Computer Science).

Skills And Knowledge

• Analytical and architecture-oriented attitude, ability to visualize patterns and abstract problems
• Proven technical skills for prototyping solutions (R, Python, optimizers, SQL, BI tools, etc.)
• Experience with quantitative portfolio construction methods, optimization techniques, tax-sensitive management, portfolio analysis.
• Ability to work across the organization in various disciplines to drive consensus/closure; strong collaboration and influence skills; project management mind-set
• Creative, innovative thinker with intellectual curiosity and motivation to learn and grow
• Ability to understand and collaborate with technology at a deep level

Other

• Location: Boston or Denver

Please see below for the salary range for work locations in Colorado only:

$85,000 - $150,000 per year

This position is eligible for incentive compensation or an annual bonus opportunity.

Please see below for the salary range for work locations in New York City, Westchester County, NY and Jersey City, NJ only:

N/A

Please see below for the salary range for work locations in California only:

N/A

Please see below for the salary range for work locations in Washington only:

N/A

Certifications

Company Overview

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.

Join Us

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.

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.