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Director, Quantitative Analyst

Fidelity

Fidelity

IT
Boston, MA, USA
Posted on Aug 20, 2025
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Job Description:

Position Description:

Develops, implements, and scales multi-asset, open-architecture, custom, investment solutions for intermediary clients, using Python, R, SQL, and other tools. Measures, monitors, and evaluates investment risks for multi-asset class portfolios using programming languages (R, Python, MATLAB, Excel, and SQL) and analytical and database tools (Barra). Creates relational databases to store investment data and facilitate business needs, using DBeaver, Morningstar Direct, Bloomberg, and Factset. Develops highly scalable investment processes, assists with portfolio management duties for custom model portfolios, and represents investment process, team, and capabilities.

Primary Responsibilities:

  • Develops strategies that span the spectrum from rule-based to those resulting from complex optimization or factor-based considerations.
  • Builds robust quantitative tools to aid all aspects of portfolio analysis, construction, evaluation, and management.
  • Develops, articulates, and communicates investment recommendations supported by a comprehensive and evidence-based research process.
  • Provides risk analytics and analyzes portfolio exposures to coordinate and evaluate the risk of multi-asset class mandates.
  • Conducts advanced modeling of traditional and nontraditional asset classes to construct custom model portfolios.
  • Represents the investment team’s investment process and capabilities.
  • Recommends investment solutions to existing and prospective intermediary clients.
  • Conducts quantitative analyses of information affecting investment programs.
  • Collaborates with investment and technology professionals within the division.
  • Identifies opportunities for process automation.
  • Works with internal teams and external clients to determine scalable design criteria and investment mandates.

Education and Experience:

Bachelor’s degree (or foreign education equivalent) in Financial Mathematics, Mathematics, Accounting, Statistics, Management, Computer Science, Engineering, Business Administration, or a closely related field and six (6) years of experience as a Director, Quantitative Analyst (or closely related occupation) performing investment research or portfolio analytics in Quantitative Research, Portfolio Management, or Portfolio Construction.

Or, alternatively, Master’s degree (or foreign education equivalent) in Financial Mathematics, Mathematics, Accounting, Statistics, Management, Computer Science, Engineering, Business Administration, or a closely related field and three (3) years of experience as a Director, Quantitative Analyst (or closely related occupation) performing investment research or portfolio analytics in Quantitative Research, Portfolio Management, or Portfolio Construction.

Skills and Knowledge:

Candidate must also possess:

  • Demonstrated Expertise (“DE”) developing optimization algorithms in Python, R, and VBA for multi-asset class portfolio construction; analyzing optimization results using quantitative methods (statistical analysis and back testing) and historical asset class and instrument level market data; and performing stress tests using simulations and forward-looking capital market assumptions.
  • DE analyzing portfolio performance and risk exposures to identify and screen potential investment candidates, using Database, Morningstar Direct, and Excel; leading meetings with investment professionals to discuss investment philosophy, processes, and portfolio strategies; and presenting fund analysis, investment recommendations, and portfolio solutions to institutional and intermediary clients.
  • DE analyzing risk factor model construction and factor definitions and calculations; translating output statistics into meaningful insights used for portfolio construction and management, using Microsoft Excel, SQL/Oracle Database, Python, and R; and integrating risk models into existing infrastructure using SQL/Oracle Database and Python.
  • DE performing data management of investment and portfolio risk data using SQL/Oracle Database and Python; designing and building data quality checking tools in Python and R to ensure weekly and monthly investment data is loaded on time and complete, and risk analytics are calculated accurately; and performing business, systems, and data analysis, process design, and acceptance testing for investment analytics projects.

#PE1M2

#LI-DNI

Certifications:

Category:

Product Management

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.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

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.

If you would like to request an accommodation, please contact us at:

accommodations@fmr.com

Apply

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 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).

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 [email protected], or by calling 800-835-5099, prompt 2, option 3.

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 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.

Benefits
Learning & development
Culture

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

Discover opportunities to build a fulfilling career within a supportive culture that celebrates individuality. We empower our associates to pursue career paths that align with their unique goals and personalities.

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 12,500 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 $14.9billion in donor-recommended grants to charity in 2024.
  • Supported more than 433,000 unique charities around the world.
  • Since its inception, more than $100 billion has been given to public charities.

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