Quantitative Investment Analyst

Fidelity Investments•Boston, MA

1d•Hybrid

About The Position

The Groups and Team Quantitative Research & Investments (QRI) is an investments and research division within Asset Management at Fidelity. We are responsible for the management and development of quantitative and hybrid quant/fundamental investment strategies and solutions while providing high quality quantitative, data-driven support to Fidelity’s investment professionals, ensuring they have access to the most relevant data and advanced quantitative analysis. With around $850 billion in assets under management, Fidelity Asset Management Solutions (FAMS) is a leading provider of multi-asset class solutions for retail and institutional clients. The range of investment solutions includes target date funds, target allocations funds, income and real return strategies, world allocation funds, and other custom institutional solutions. The Multi-Asset Class (MAC) Quantitative Research Team within QRI provides research and analysis to FAMS portfolio managers and other investment professionals in support of our broad range of investment solutions. This research is vital in helping portfolio managers to select the most suitable investment options and manage asset class and risk exposures across all investment solutions we deliver. Members of the team either work directly within a specific investment team as an embedded analyst or support all investment teams as a central analyst. The Role Fidelity is seeking a seasoned quantitative investment analyst to join the Multi-Asset Class (MAC) team, supporting our target date strategies. As a key contributor, you will develop and communicate market views, produce thematic research and thought leadership, and design and evaluate innovative investment strategies focused on alpha generation. You’ll enhance quantitative frameworks for both strategic and tactical asset allocation, and refine tools for outcome-driven portfolio construction and risk management. Your work will directly impact the management of Fidelity’s mutual funds and client accounts, while also supporting the development of new products tailored to evolving client needs. Responsibilities will vary based on your experience, skillset, and the team’s priorities, which may shift over time. Potential areas of focus include: Proprietary alpha signals and factor models Systematic cross-asset investment strategies Discretionary macro research Target date glidepath design Retirement solutions to address longevity risk Downside protection and robust diversification Liability-driven investment solutions The ideal candidate will bring deep multi-asset market expertise, strong quantitative and programming capabilities using agentic harnesses, and advanced data modeling skills. Success in this role requires analytical rigor, clear communication, and a collaborative mindset. The Value You Deliver Develop and communicate global macro views based on both independent and collaborative research. Conduct research in tactical asset allocation, while also supporting strategic asset allocation, portfolio construction, and manager research. Build quantitative tools and infrastructure to support discretionary and systematic investment processes. Collaborate with investment, client-facing, data and technology teams. Translate complex quantitative ideas for non-technical audiences. Share insights through stakeholder presentations and published research.

Requirements

Deep understanding of market dynamics, quantitative strategies, portfolio construction, and risk management.
Advanced degree in finance, math, engineering, science, or business.
7+ years in multi-asset quantitative research.
3+ years generating alpha in discretionary investment processes.
Programming and data management experience; proficiency in agentic harnesses using Python or R.

Nice To Haves

Strategic thinker with a bias for timely execution.
Professional presence with strong communication across all levels.
Independent idea generator with a collaborative working style.
Passionate about markets and investing.
High integrity, humility, and team orientation.
Committed to investment principles and repeatable processes.
Client-focused mindset.

Responsibilities

Develop and communicate global macro views based on both independent and collaborative research.
Conduct research in tactical asset allocation, while also supporting strategic asset allocation, portfolio construction, and manager research.
Build quantitative tools and infrastructure to support discretionary and systematic investment processes.
Collaborate with investment, client-facing, data and technology teams.
Translate complex quantitative ideas for non-technical audiences.
Share insights through stakeholder presentations and published research.
Develop and communicate market views.
Produce thematic research and thought leadership.
Design and evaluate innovative investment strategies focused on alpha generation.
Enhance quantitative frameworks for both strategic and tactical asset allocation.
Refine tools for outcome-driven portfolio construction and risk management.
Support the development of new products tailored to evolving client needs.
Proprietary alpha signals and factor models
Systematic cross-asset investment strategies
Discretionary macro research
Target date glidepath design
Retirement solutions to address longevity risk
Downside protection and robust diversification
Liability-driven investment solutions