Quantitative Analyst

Job Description:

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 close to $500 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 close to 1,200,000 customer accounts.

Quantitative Research

Strategic Advisers Quantitative Research team partners with the broader Strategic Advisers investment teams to produce strong risk‐adjusted performance for a wide range of Multi Asset Class investment solutions for our managed accounts clients.

The Position

You will conduct research as a member of a multi asset class investment team. You will contribute to the investment team’s successes with thorough analysis and investment recommendations that are based on quantitative methods.

Your primary objective will include researching and bringing innovative solutions to bear on our existing quantitative investment methodologies to enhance performance and deliver superior outcomes via providing models for Fidelity clients. A significant focus of your work will also be on portfolio construction and optimization to deliver optimal allocation and fund selection for managed accounts.

You should enjoy working within a team environment and are expected to offer strong communication, programming, and analytical skills. You should be able to translate portfolio management requirements into quantitative projects and present the results in an investment oriented and intuitive way.

Given SAI’s rapidly growing business, this role will evolve dynamically and requires an ambitious spirit. You will work at Fidelity’s headquarters in Boston, Massachusetts and will report to the team lead.

Responsibilities

Work within the multi asset class investment team to improve risk-adjusted performance and to help our clients to achieve their investment goals, e.g.:

• Collaborate with the broader investment and technology team to enhance our investment framework for managed account clients
• Enhance funds level alpha models that will impact the portfolio positioning under different market environments.
• Evaluate asset/factor allocation and rebalancing strategies under different market and economic conditions
• Understand, maintain, and improve infrastructure supporting investment process
• Be able to communicate and rationalize specific recommendations

Skills/Knowledge

• Solid programming and database skills, e.g., R, Python, SQL
• Strong communication and presentation skills, in particular in regards to translating complex quantitative analysis into meaningful and applicable investment solutions
• Knowledge of portfolio construction, optimization, and factor allocation across asset classes
• Strong interpersonal skills and a real passion for working in a team environment

Qualifications

• 1 to 3 years experience in quantitative investment research
• MS in a related field (Finance, Engineering, Mathematics, Computer science or related field)
• CFA is a plus

Values

The following values are considered to be fundamental to the way in which our company operates:

• Teamwork
• Intellectual curiosity
• Accountability
• Enthusiasm

Certifications:

Company Overview

At Fidelity Investments, our customers are at the heart of everything we do. As a privately held company with a rich 75-year history, our mission has remained the same since our founding: 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. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning and growth so you can build the career you’ve always imagined. We welcome associates from different backgrounds and with different perspectives to help us innovate and make a difference for our customers and our communities.

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 Leave of Absence/Accommodation Team by sending an email to accommodations @fmr.com, or by calling 800-835-5099, prompt 2, option 2.

Fidelity will continue to keep the safety of associates and customers as our top priority and this will never change. As the pandemic evolves and Federal, State, and Local regulations emerge, it has become clear that knowing the vaccination status of all associates is critical to our safety efforts.

Therefore, Fidelity will require all candidates to disclose their COVID-19 vaccination status during the hiring process, and if vaccinated, provide proof of vaccine.

This is not a requirement to be vaccinated. It is a requirement to report vaccination status and, if vaccinated, provide proof.