Director Applied AI / ML Engineer

Fidelity Investments • Jersey City, NJ

2d • $126,000 - $255,000 • Onsite

About The Position

AltIQ is seeking an Applied AI / ML Engineer to help build the intelligence layer of our alternative investment platform. This role will focus on redefining complex financial documents and datasets into structured, searchable, and actionable information. You will build and implement solutions that parse documents, generate embeddings, drive similarity-based search, and enable retrieval of information across a large corpus of investment-related content, including private placement memoranda (PPMs), prospectuses, deal registration documents, performance reports, investor presentations, and other alternative investment materials. Collaborating directly with Data Engineering and Product teams, you will help build scalable AI-powered capabilities. These capabilities enable advanced search, document intelligence, knowledge retrieval, and analytics across both structured and unstructured datasets. This is a hands-on engineering role for someone who enjoys building production-grade AI systems and applying modern machine learning techniques to tackle real business problems.

Requirements

• Fidelity will not provide immigration sponsorship for this position.
• Experience with OCR and document processing technologies.
• Familiarity with private equity, venture capital, private credit, hedge funds, or real estate investment products.

Nice To Haves

• Experience with Pinecone, Weaviate, Milvus, pgvector, Elasticsearch, or similar technologies.
• Experience with LangChain, LlamaIndex, Hugging Face, or related AI frameworks.
• Experience building enterprise search, knowledge management, or document intelligence platforms.
• Knowledge of MLOps and machine learning deployment patterns.
• Experience working with financial services, investment data, or alternative investments.

Responsibilities

• Build and develop document parsing and information extraction solutions for intricate financial paperwork.
• Build and maintain embedding pipelines that convert unstructured content into searchable knowledge assets.
• Design, develop, and optimize semantic search and vector retrieval capabilities.
• Develop Retrieval-Augmented Generation (RAG) solutions that combine large language models with proprietary investment data.
• Work in close coordination with Data Engineers to integrate AI workflows into enterprise-scale data pipelines.
• Build APIs and services that expose AI-powered capabilities to internal and external applications.
• Develop and maintain user documentation, architecture diagrams, and operational procedures.
• Collaborate with Product and Business teams to translate user needs into intelligent platform capabilities.
• Provide technical recommendations regarding AI architecture, model selection, and infrastructure requirements.
• Mentor junior engineers and contribute to engineering guidelines.

Benefits

• Comprehensive health care coverage and emotional well-being support
• Market-leading retirement
• Generous paid time off and parental leave
• Charitable giving employee match program
• Educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed