Quantitative Analyst

Fidelity Investments • Boston, MA

3d • $100,000 - $200,000

About The Position

Strategic Advisers, LLC (SAI), a registered investment advisor and Fidelity Investments Company, provides investment management services through Fidelity’s retail and institutional distribution channels. SAI manages more than $1.4 trillion in assets across Fidelity and third-party investment vehicles and serves retail, workplace, and institutional clients.

The Quantitative Analyst will join the SAI Quantitative Research team, focusing on asset allocation research and portfolio construction. The role supports SAI asset allocation portfolio managers in developing strategic and tactical allocations across managed account products. The analyst will provide research support, improve decision-making and workflows, and develop quantitative research capabilities in asset allocation and macroeconomics. The role collaborates with stakeholders across SAI and contributes to building a research function and a culture of experimentation.

The successful candidate will be embedded with the SAI Asset Allocation team and is expected over time to expand their investment impact and thought leadership, including helping design and implement an expanded asset allocation and macroeconomic research function. Fidelity states that it is transitioning to a full-time onsite model through a phased rollout; current onsite expectations vary by role and location and may evolve. The base salary range is $100,000–$200,000 per year. Additional compensation may include a bonus or other variable compensation, depending on position and eligibility. Fidelity also describes benefits including health care coverage, emotional well-being support, retirement benefits, paid time off, parental leave, charitable giving employee match, and educational assistance.

Requirements

• Strong communication skills and ability to explain complex quantitative concepts and design efficient research solutions for investment decisions.
• Hands-on experience with Python, LLMs, agentic frameworks, and analytic tools.
• Curiosity, rigorous experimentation, and an exploratory mindset.

Nice To Haves

• A proven track record of independent, innovative research within the financial industry; 4+ years of experience is preferred.
• Strategic mindset and ability to influence and partner with a team to develop and grow a program vision.
• Demonstrated success creating and implementing new investment processes or significant enhancements to existing processes.
• Familiarity with SAI’s investment, investment services, portfolio engineering, optimization methods, or trading processes.

Responsibilities

• Partner with SAI asset allocators and associated teams to understand workflows and contribute to a team-driven process.
• Support ad hoc portfolio manager research needs.
• Execute and expand quantitative research elements of the monthly asset allocation review process.
• Develop and maintain a library of macroeconomic indicators and models to support team research and decision-making.
• Work with portfolio managers and team members to identify research needs, design solutions, and conduct modeling and analyses in support of decisions.
• Help develop and implement a comprehensive vision for a quantitative asset allocation research program.
• Collaborate across SAI research and portfolio management groups to identify and execute shared investment research projects.
• Over time, expand investment impact and thought leadership, including contributing to the design and implementation of an expanded asset allocation and macroeconomic research function.

Benefits

• Comprehensive health care coverage and emotional well-being support.
• Market-leading retirement benefits.
• Generous paid time off and parental leave.
• Charitable giving employee match program.
• Educational assistance, including student loan repayment, tuition reimbursement, and learning resources for career development.
• Depending on position and eligibility, bonus or other variable compensation may be included.

What This Job Offers

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