Job Description:

Our Mission

At Fidelity, we are focused on making our financial expertise broadly accessible and effective in helping people live the lives they want— from the 23 million people investing their life savings, to the 20,000 businesses managing their employee benefits programs, to the 10,000 advisors and institutions needing innovative technology solutions to invest their clients’ money. To do this well, as a privately held company, we place a high degree of value in nurturing a work environment that attracts the best talent and reflects our dedication to being an employer of choice. For more information about Fidelity Investments, visit www.fidelity.com.

The Department
Fidelity’s Fixed Income Division is one of the world’s leading fixed income managers with over $1.5 trillion in fixed income assets managed by a staff of more than 200 investment professionals. At Fidelity, we combine fundamental research on domestic and international debt issuers with macroeconomic and quantitative analysis to make investment decisions and help our clients achieve their financial goals. The Fixed Income Division is headquartered in Merrimack, New Hampshire

Systematic Fixed Income Strategies is a systematic, research driven investment manager, offering a wide range of systematic strategies across Fixed Income. We use a data driven research process and model-based investment process.

Systematic Fixed Income Strategies Internship

Your internship with Systematic Fixed Income Strategies will be centered around a 10-week research project, where you will collaborate closely with the research team for designing and developing active systematic investment strategies across global fixed income markets. You will be researching and back-testing new investment insights in a risk and transaction cost aware fashion across assets like Corporates/Munis/Sovereigns/Fixed Income Derivatives. You will also work closely with Portfolio Management to understand how systematic strategies are modeled and executed optimally across Fixed Income.

Education and Experience

• Class of 2025 or 2026 Master’s or PhD degree
• Demonstrated experience/interest/skill investment research
• Academic or intellectual interest in financial markets
• Excellent communication, presentation, and writing skills, as well as the ability to clearly articulate findings
• Field(s) of study must be in a technical area (STEM) and/or Finance/Economics with a strong programming background

The Value You Deliver

• Understand, maintain, and improve analytic infrastructure related to the investment process
• Collaborate closely with other investment and technology professionals within the division
• Explain complex quantitative concepts to non-technical people
• Take initiative and demonstrate leadership skills to advance the investment process

The Expertise and Skills You Bring

These attributes are indispensable:

• Familiarity with fixed income analytics
• Pursuing a technical degree (graduate or PhD) in fields such as mathematics, statistics, physics, computer science, economics, or finance
• Intermediate skill in one programming language
• Deep intellectual curiosity and creative approach to problem solving
• Strong analytic and quantitative skills
• Rigorous and structured thought process
• Collaborates effectively with team members
• Desire to pursue a career in investment management
• Ability to communicate complex ideas effectively
• These attributes are strongly preferred:
• Good working knowledge Python (or other modeling language) and relational databases
• Interest and passion for investing and the financial markets
• Familiarity with fixed income trading workflows, data, pricing and market engagement models
• Expertise and knowledge of MSRB and TRACE data

Location:

Boston, MA

Certifications: