Quantitative Equity Research Analyst Job at Fidelity Investments, Boston, MA

VktjNlM3ekhSSzZweDJTSXZ2ZzlJU2lCcVE9PQ==
  • Fidelity Investments
  • Boston, MA

Job Description

Job Description

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

Fidelity Investments is looking for a Quantitative Analyst to join the Systematic Equity Strategies (SES) group — a part of Quant Research and Investments (QRI) Division. The SES team is responsible for the research, design, development, and implementation of systematic active and tax-managed equity strategies. Assets under management is approximately $25B and spans multiple equity products and customized separately managed accounts serving both intermediary and institutional investors.

Responsibilities

Reporting to the Head of the SES Research, the quantitative research analyst will be responsible for developing and maintaining quantitative stock selection models globally. Additional responsibilities include:

  • Improving performance of stock selection models though idea generation, rigorous empirical analysis and back-testing. Investigate large structured as well as novel data sources to generate alpha
  • Actively participating in the team’s research agenda and taking responsibility for the full life cycle of each project from idea generation, research design, back-testing and portfolio simulations, to implementation
  • Partnering closely with other team members to enhance the investment process by investigating techniques to improve portfolio construction and optimization
  • Implementing quantitatively based equity models, transaction cost modeling, risk mitigation as well as evaluating and developing new risk models
  • Working in a collaborative team environment that integrates quant research, technology and trading and drive improvements to quant infrastructure and technology platform

The quantitative analyst position offers a valuable opportunity to learn and excel within a talented investment department for an elite investment organization.

The Experience & Skills You Bring

We are seeking individuals who have the following characteristics:

  • 10+ years of experience in quantitative equity research, preferably in asset management, investment consulting or academic research institutions
  • Deep understanding of econometrics, mathematics, and hands-on programming skills along with a passion for investing in the financial markets
  • Relevant experience with multi-factor models, quant equity portfolio construction, TCA, market impact modeling and strong equity microstructure knowledge preferred
  • Strong Data Science, Data Visualization skills. Proficiency with programming languages and statistical software (e.g., Python, R, MATLAB, SQL, VBA, Tableau)
  • An advanced degree, Masters or Ph.D. (preferred), in finance, quantitative economics, statistics, computer science, math, or the physical sciences
  • Deep knowledge of various financial and economic databases like Compustat, Worldscope, IBES etc. Experience with financial packages, portfolio optimization and management tools (e.g., FactSet, Bloomberg, Axioma, Barra)
  • Ability to think independently with good economic intuition as well as strong presentation and communication skills

Certifications

Category:

Investment Professionals

Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.

Job Tags

Work experience placement,

Similar Jobs

BruntWork

Remote Dispatcher Job at BruntWork

40 hours per week Monday to Friday 11 AM to 7 PM EDT (1 hour unpaid break) Saturday 8 AM to 1:30 PM EDT (30 minute unpaid break) We are seeking an energetic and positive Dispatcher to join our team. This role is crucial in bridging the gap between our clients...

Success Academy Charter Schools, Inc.

Entry-Level to Experienced Teacher - Queens Job at Success Academy Charter Schools, Inc.

 ...economic status. When you join SA, you play a part in giving every student who walks through the doors of one of our 57 schools in NYC a...  .... Here, we 100% commit to getting 100% of our kids into 4-year colleges.\n Passion for content and curiosity to grow: You love... 

Marriott

Dishwasher Job at Marriott

**Additional Information** Dishwasher, Evening Shift**Job Number** 25104392**Job Category** Food and Beverage & Culinary**Location** Renaissance Esmeralda Resort & Spa Indian Wells, 44400 Indian Wells Lane, Indian Wells, California, United States, 92210VIEW ON MAP (... 

Aulani, A Disney Resort & Spa

Front Desk Agent-Full Time (English & Japanese Speaking), $34.04/Hour Job at Aulani, A Disney Resort & Spa

Come and join the magic with Aulani, A Disney Resort and Spa! Perks and benefits may include: ~100% full coverage of healthcare for you and your eligible dependents ~ Tuition paid upfront at network schools ~ Free lunch ~ Free parking ~ Free theme park admission...

Kansas City Art Institute

Artist Model Job at Kansas City Art Institute

 ...Job Description Job Description POSITION ANNOUNCEMENT Artist Model Part-time, Non-Exempt The Kansas City Art Institute (KCAI), a national leader in visual arts and design education, is seeking applications for the position of part-time Artist Model. This position...