Quantitative Risk Analyst

Fidelity Investments • Jersey City, NJ

1d • Hybrid

About The Position

As an Analyst within Fidelity Risk Group’s Quantitative Risk Analysis team, you will be working in a team-based, fast-paced environment. This role will expose you to the various facets of the financial services industry with a concentration in quantitative model validation and financial modeling, and develop your brand as a leader, mentor, and strategic thinker across Fidelity.
The Quantitative Risk Analyst will work on a cross-functional team responsible for evaluating market, financial, and operational risks; validating quantitative models; assessing private and complex asset valuations; evaluating the effectiveness of risk management models and tools; communicating issues and findings to management; and devising solutions for continual business improvements. Key areas of focus include quantitative modeling, valuation and pricing, trade cost analysis, investment products, financial market events, and credit risk.

Requirements

• MS in Finance, Mathematical Finance, or related field of study
• 2-4 years of relevant work experience
• Strong problem solving, quantitative, and analytical abilities
• Demonstrated leadership abilities and idea generation
• Ability to prioritize multiple tasks and manage workload
• Strong proficiency with Bloomberg, Excel, and/or statistical software (e.g., R, Python, MATLAB, SQL)
• Strong written and verbal communication skills

Nice To Haves

• Progress towards CFA or similar industry certification preferred

Responsibilities

• Perform model validation across firm-wide business groups, including an assessment of model inputs, calculation methodology, outputs, and key assumptions
• Assess exposure to financial risks, including counterparty, interest rate, and foreign exchange risks
• Perform quantitative and qualitative analysis to evaluate portfolio risks, price complex securities, and analyze strategic allocations
• Prepare presentations and written assessments to communicate observations and proposed improvements for business leaders and executives
• Provide viable solutions to identified issues and collaborate with business leaders to implement them
• Build deep working relationships with clients throughout Fidelity
• Mentor and develop skills of Associate colleagues

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