Business Analysis & Project Management
Senior Quantitative Analytics Developer
- Boston, MA
Salary depends on a variety of factors including location and experience. Your recruiter will discuss with you.
Salary: listed in the job description
or discussed with your recruiter
Job Description:
The Role
We are seeking a Senior Quantitative Analytics Developer to join our Advanced Data Analytics and Insights team. You'll contribute to the development of the Alternative Investment Risk Analytics & Oversight Platform, which is critical for monitoring the investment risk profiles of Fidelity's alternative investment funds. Your work will focus on designing and developing the Investment Risk Analytics Platform, supporting ongoing evaluation of investment risks across Fidelity's fund complex, with a particular emphasis on Alternative products. You will collaborate closely with the Head of Advanced Data Analytics, the Investment Risk Management team and Quantitative Research and Investments technology partners throughout Fidelity.
Responsibilities
In this client-centric position, you will be responsible for developing key data insights, predictive analytics, and reporting dashboards. These tools will empower our Investment Risk Analysts to proactively monitor and manage risks. Your advanced risk analytics and reporting will support engagement with CIOs, compliance, and Portfolio Management teams across the organization.
Your responsibilities will include:
-
Developing and enhancing various risk reporting processes, such as derivative exposure measurement, leverage risk reporting, and VaR Backtesting
-
Working with Risk Managers to implement robust investment risk models across all Alternative investment products
-
Writing Python scripts to compute portfolio risk measures and monitor risk analytics
-
Utilizing SQL for data extraction and manipulation
-
Enhancing reporting and visualization features in existing Streamlit applications
The Expertise and Skills You Bring
-
MBA/MS in relevant quantitative field (Financial Mathematics, Financial Engineering, Data Science, Mathematics, Statistics, Physics etc.)
-
5+/- years relevant experience in quantitative development role within asset management
-
Highly Proficient technical abilities including programming experience with: Python or R, SQL, Snowflake, Oracle, Tableau
-
Strong analytical and problem-solving background
-
Experience with data analytics or business intelligence related projects in the areas of data requirements gathering, analysis, design, interpretation and translating them to analytical solutions
-
Expertise in navigating large SQL data sets including discovering, cleaning, analyzing, and preparing data for ingestion
-
Experience telling stories with data leading to informed and rapid decision making
Technical Background
-
Awareness of the software development lifecycle or experience building full stack solutions
-
Comfortable building automation solutions with the following technologies (Python, R, REST API / microservices architecture, PL/SQL, UI tools, no-code/low-code or cloud-based solutions)
-
Experience with DevOps principles and best practices (CI/CD, Git)
-
Interest for Data Engineering, Data Analytics and leveraging BI solutions
Characteristics
-
Strong communication and presentation skills
-
Great teammate with a positive attitude and a curiosity about developing innovative analytics solutions
-
Comfortable adapting to new and changing business areas and taking initiative to drive projects forward and deliver value in a complex, cross-functional working environment
-
Great collaboration and interpersonal skills and the ability to be self-sufficient
-
Demonstrate the ability to analyze problems, understand challenges and develop viable solutions
Desired Skills/Knowledge
-
Nice to have: Investment Risk domain knowledge across Portfolio Management, Research, Trading, Compliance, and Investment Operations
-
Background with fixed income, equity, or alternative investment products
-
Investment risk management best practices and systems; Axioma, Barra, Bloomberg, FactSet, RiskMetrics etc.
-
Experience with VaR & Tracking Error risk models and related risk metrics
-
Prior experience developing machine learning models, solutioning and pipeline automation
The Team
The CRBO Advanced Process Solutions and Innovation team is at the forefront of integrating emerging technologies and advanced data analytics. Our mission is to enhance the efficiency, speed, and proactivity of Asset Management operations. Our groundbreaking work significantly contributes to achieving Asset Management's goal for driving our business operations, scale, and efficiency objectives.
In this role, you will work directly with the Head of Advanced Data Analytics & Insights to support a team of Investment Risk Managers who partner with the Chief Investment Officers and investment professionals to define relevant risk metrics and produce reporting that would provide assurance that investment managers are taking appropriate types and levels of risk for each client mandate and that those risks are measured accurately, monitored continuously, and taken purposefully.
Certifications:
Company Overview
Fidelity Investments is a privately held company with a mission 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. Honored with a Glassdoor Employees’ Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.
Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite.
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.
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 Accommodation Team by sending an email to accommodations@fmr.com.
Company overview
At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer. Fidelity will reasonably accommodate applicants with disabilities who need adjustments to complete the application or interview process.
Apply Now
All fields are required.
This is my Fidelity
Benefits that adapt to everything life sends your way
401(k) with company match
Medical, dental, vision and prescription drug coverage
16-week maternity leave & 12-week parental leave
Student loan assistance
Fidelity is invested in you
Committed to Professional Development
At Fidelity, we are constantly adapting to the changing needs of our customers, new technologies, and better ways of working. And we empower our employees to do the same, with an emphasis on developing skills and connections that will help propel you forward in your career while being able to make an impact for Fidelity’s customers around the world.
We offer a wide range of options for professional development including online, in-person, and mentor driven solutions. Special interest and networking groups are also part of our culture of empowerment, personal and professional enrichment, diversity and inclusion, and knowledge sharing.
Continuing Education & Training
- Assess, build, and align your development plan through resources like our skill-building classroom and online courses.
- Video-based training for technology, leadership, management & more.
- Ongoing skills development and coaching opportunities.
- Paid training with a facilitator who is dedicated to your onboarding and will track and evaluate your progress, giving you strategies to improve.
- A range of talent development programs to support career mobility.
Mentoring
- Utilize the skills of experienced leaders to enrich your career.
- Dedicated mentors to help you grow into new areas of Fidelity’s business as you develop new skills.
- An open atmosphere of knowledge sharing and collaboration.
- Opportunities to pay it forward, sharing the knowledge you develop and as you help others define how they want their career to take shape.
Our Commitment to Diversity and Inclusion
"Fidelity believes in, and is committed to, fair and equitable treatment for every associate and customer, and to creating a safe and respectful environment, in which everyone is treated with kindness, compassion and respect." Abby Johnson | Chairman and CEO Fidelity Investments
At Fidelity, we are committed to building an enduring culture of inclusion and belonging that will attract, develop and retain a diverse workforce.
Fidelity’s ten affinity groups are self-organized groups of employees with common interests in areas such as race, ethnicity, gender or sexual orientation, or who share similar interests based on similar sets of experiences.
These Employee Resource Groups and Special Interest Groups are models of inclusion for Fidelity. They’re also a powerful form of engagement and development and can provide a pathway to visible leadership roles. Our affinity groups make a large contribution on the business, helping to ensure our products and services are delivered in a welcoming and equitable environment.
- Over 22K employees participate in an affinity group.
- Over 1,400 affinity group members volunteered for Fidelity Cares in 2020.
- 74% increase in affinity group memberships over the last three years.
Giving Back to Our Communities
Throughout Fidelity, you’ll find a genuine commitment to social responsibility – where we strive to make an impact for customers, while also making an impact on the world.
Fidelity Cares
- Provides associates with opportunities to actively volunteer and share their talents.
- Hosts numerous company-wide volunteer events (in-person and virtual).
- Partners with nonprofit organizations to support our local communities.
- More than 12,000 associates donate time annually – from interns to SVPs.
- Impact includes refurbishing schools, donating books and supplies, and teaching financial literacy.
Fidelity Charitable®
- Created to make it easy for people to support charitable organizations they care about.
- Helped deliver $7.3 billion in donor-recommended grants to charity in 2019.
- Supported more than 300,000 unique charities around the world.
- Since its inception, more than $42 billion has been given to public charities.
