Job Description

Job Description:

Position Description

You will be building and developing the Decision Science function within the Asset Management QRI team and be a contributing member of the QRI senior leadership team. This effort will create opportunities for Fidelity to utilize its large volumes of internally generated data to develop new and proprietary sources of alpha and further differentiate itself from the competition. This internal alpha capture function will be responsible for evaluating the decisions, and the context in which they are made, of our investment professionals in order to quantify and classify demonstrable predictable investment skill. This role will be able to harness Fidelitys unique combination of proprietary data, deep fundamental expertise, and strong quantitative capabilities to continue to drive growth for the firm across our equity, fixed income, and multi-asset class strategies. You will engage in data exploration, modeling, and research to craft new measures of risk and novel sources of alpha while strengthening our fundamental investment and research capabilities. As a part of this process you will work to use the core quant resources and develop the skills of our associates needed to expand the IDS program into a new way of working. This individual will be a hands-on contributor as well as a leader who will need to drive strategy, execute applications, and develop partnerships across QRI and all asset classes to reinforce the value and capability of the function.

Primary Responsibilities

* Initial development and build of the Decision Science strategy and roadmap
* Crafting a decision science and alpha capture program that benefits quantitative, fundamental, and multi-asset class investment teams
* Engagement with QRIs partners (investors, technologists. operations) to understand existing capabilities and needs
* Partnership with Equity, Fixed Income, High Income & Alternatives, and Global Asset Allocation businesses
* Collaborate with research analysts, portfolio managers and other investment professionals, as well as with the technology groups supporting our initiatives
* Contribute to building, training, and retaining an elite quantitative and data driven research and investment team
* Providing opportunities for associates skilled in quantitative and data-science techniques to progress in their careers at Fidelity

Education and Experience

* 10+ years of relevant work experience
* Advanced degree in Statistics, Applied Mathematics, Physics, Computer Science, Engineering, or a closely related field is encouraged (PhD preferred, Masters or foreign education equivalent)
* Experience in build out of alpha capture programs, internal alpha capture is preferred
* Strong background in quantitative investing and demonstrated ability to partner with fundamental investors
* Fixed Income, Equity and Multi-asset class experience is a plus.

The Skills You Bring

* Ability to engage and establish the quantitative research process: specifically, formulating and executing against a research agenda and collaborating with senior quantitative and fundamental partners in doing so.
* Strong hands-on research skills including data exploration, model development and evaluation, training, validation, and deployment
* Collaborative, creative and team oriented leadership approach to research, investing and technology.
* Outstandingly strong programming skills with Python (R, Matlab also acceptable) as well as familiarity with modern database technology.
* Ability to work with large, unstructured datasets and modern cloud-based technologies e.g. Snowflake, S3 etc.



Certifications:



Company Overview

At Fidelity, we are focused on 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. Find your Fidelity at 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. Please email us at accommodations @fmr.com or 800-835-5099, prompt 2, option 2 if you would like to request an accommodation.