Portfolio Engineer

Job Description :

Fidelity Investments is looking for a Portfolio Engineer to join the Systematic Equity Strategies (SES) group - a part of Quantitative 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 $18B and spans multiple equity products and customized separately managed accounts serving both intermediary and institutional investors.

The Portfolio Engineer will be part of the team responsible for designing, building and managing the QRI portfolio management platform, which will deliver asset management's intellectual property and QRI quantitative skill through investment decisions across multiple investment products.

Primary Responsibilities

• Lead the design and development of innovative platform capabilities within the portfolio management platform to enable scale and flexibility to manage various quantitative-based ETFs, custom institutional portfolios, and tens of thousands of SMAs.
• Collaborate with Technology to provide feedback on platform development, represent QRI in requirement sessions, and make resource prioritization decisions.
• Innovate on new research topics and investment strategies alongside SES portfolio managers and quant researchers.

Qualifications

We are seeking individuals who have the following characteristics :

• 6+ years of proven experience in an investment role, preferably in Research or Portfolio Management
• Graduate degree in Finance, Engineering, Computer Science, or related field preferred
• Solid understanding of capital markets backed with experience making investment decisions
• Deep understanding of portfolio construction, portfolio theory, quantitative portfolio construction techniques, and statistics
• Experience with portfolio optimization software such as Northfield, Axioma, or Barra
• Excellent attention to detail
• Curiosity to investigate issues, creativity to develop solutions, and follow-through to see solutions to implementation
• Experience with SQL, R, Java or Python, and data visualization
• Familiarity with data science and machine learning techniques a plus
• Proven track record of working effectively in a highly collaborative, team-oriented environment
• Excellent written and interpersonal skills

Location

Boston, MA (preferred) or New York (Jersey City, NJ)

The base salary range for this position is $120,000 - $200,000 per year.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career.

Note, the application window closes when the position is filled or unposted.

Certifications : Category :

Category :

Investment Professionals