Quantitative Researcher

Fidelity Investments • Boston, MA

4d • $150,000 - $250,000 • Hybrid

About The Position

The Group Quantitative Research and Investing (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. The Role As member of this team, you will be contributing to the build out of a pure alpha research function focused on differentiated strategies leveraging FMR’s fundamental data with quant infrastructure and techniques. This effort will create opportunities for Fidelity to utilize its large volumes of internally generated data and augment them with market and alternative data to develop new and proprietary sources of alpha to drive growth for the firm across our equity and fixed income strategies. You will engage in data exploration, modeling, and research to craft novel sources of alpha and new measures of risk and while strengthening our investment and research capabilities. This individual will be a hands-on contributor and be part of a nimble and high impact team that is developing differentiated strategies. The Value You Deliver Develop quant methodologies that leverage internal fundamental data and external data sources such as market and alternative data Contribute innovative ideas and execute on them within our research process Work closely with other team members to support ongoing research efforts Develop trading strategies from idea generation, testing, all the way to production Contribute to our quant research platform effort Contribute to the broader training and development of an elite quantitative and data driven research and investment team

Requirements

• 10+ years of relevant work experience
• Advanced degree in Statistics, Applied Mathematics, Physics, Computer Science, Engineering, or a closely related field is encouraged (Master’s or foreign education equivalent preferred)
• Experience in developing alpha signals and investing strategies
• Strong background in quantitative investing
• Ability to engage in the quantitative research process across its lifecycle from idea generation, development, testing and production
• Outstanding hands-on research skills including data exploration, model development and evaluation, training, validation, and deployment
• Collaborative, creative and team-oriented approach to research, investing and technology.
• Excellent programming skills with Python as well as familiarity with modern database technology.
• Ability to work with large, unstructured datasets and modern cloud-based technologies e.g. Snowflake, S3 etc.

Nice To Haves

• Passion for the market
• Fixed Income, Equity and Multi-asset class experience is a plus.

Responsibilities

• Develop quant methodologies that leverage internal fundamental data and external data sources such as market and alternative data
• Contribute innovative ideas and execute on them within our research process
• Work closely with other team members to support ongoing research efforts
• Develop trading strategies from idea generation, testing, all the way to production
• Contribute to our quant research platform effort
• Contribute to the broader training and development of an elite quantitative and data driven research and investment team

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: Mid Level