Quantitative Equity Research Analyst

Job Description :

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 $20B and spans multiple equity products and customized separately managed accounts serving both intermediary and institutional investors.

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 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.

Qualifications

We are seeking individuals who have the following characteristics :

• 1-3 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. 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

Location

Boston, MA

Company Overview

At Fidelity Investments, our customers are at the heart of everything we do. As a privately held company with a rich 75-year history, our mission has remained the same since our founding : to strengthen the financial well-being of our clients.

We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees.

And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.

Join Us

At Fidelity, you'll find endless opportunities to build a meaningful career that positively impacts peoples' lives, including yours.

You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home.

And you don't need a finance background to succeed at Fidelity-we offer a range of opportunities for learning and growth so you can build the career you've always imagined.

We welcome associates from different backgrounds and with different perspectives to help us innovate and make a difference for our customers and our communities.

We invite you to Find Your Fidelity at fidelitycareers.com.

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process.

To initiate a request for an accommodation, contact the HR Leave of Absence / Accommodation Team by sending an email to accommodations redacted , or by calling redacted , prompt 2, option 2.

Certifications : Category :

Category :

Investment Professionals

Fidelity's working model blends the best of working offsite with maximizing time together in person to meet associate and business needs.

Currently, most hybrid roles require associates to work onsite all business days of one assigned week per four-week period (beginning in September 2024, the requirement will be two full assigned weeks).