Fidelity Investments

DATA SCIENTIST

Posted on: 16 Feb 2022

Boston, MA

FEATURED

Job Description

At Fidelity’s Artificial Intelligence Center of Excellence (COE), you won’t be just tinkering around the edges, you’ll be building critical solutions that will benefit our clients for years to come. We work closely with business stakeholders, collect requirements and deliver high value AI/ML solutions that drive customer and business value. Those of us who love to work with data see this as the pinnacle of opportunities that you cannot find anywhere else in the industry.

The Team

The AIML (Artificial Intelligence and Machine Learning) team contributes to the vitality and growth of the organization through researching and building complex, cutting edge and scalable AI algorithms, models, platforms and technologies to significantly improve customer experience and drive business results. Our team of high caliber scientists, mathematicians and statisticians use rigorous quantitative approaches to ensure that we are efficiently building algorithms and technology relevant to the business or customer experience issue at hand.

The Expertise You Have

Minimum Master’s Degree in Engineering, Computer Science, Mathematics, Computational Statistics, Operations Research, Machine Learning or related technical fields.

Advanced knowledge in model evaluation, tuning and performance, operationalization and scalability of scientific techniques and establishing decision strategies.

Hands on experience developing supervised and unsupervised machine learning algorithms (regression, decision trees/random forest, neural networks, feature selection/reduction, clustering, parameter tuning, etc.)

Experience in evaluating and making decisions around the use of new or existing tools for a project.

Experience in projects involving large scale-multi dimensional databases, complex business infrastructure, and cross-functional teams. Three to five successfully launched ML projects would be ideal.

Programming skills in Python, Spark, Scala, R, SQL, or MatLab

The Skills You Bring

Your solid skills in algorithm development and predictive modeling

You have deep knowledge of some combination of the following:

Natural Language Processing (NLP)

Deep Learning, Neural Networks

Real Time Event Detection and Scoring

Time series analysis, Econometrics

Robotic Process Automation

Cloud ML

The Value You Deliver

You will partner with business stakeholders to identify/prioritize top AI opportunities, create business/technical requirements, transform large volumes of data into AI-driven solutions using creative, cutting edge open source methods/technologies, lead ML strategy and road map planning, work across teams and influence the direction of external teams. The ideal candidate will combine expert AI/ML/Open Source/Tech knowledge with hands on experience building algorithms/models/programming and outstanding business skills (revenue/cost drivers, customer experience, customer journey, communication, etc.) to manage and deliver complex/critical projects driving significant value to Fidelity.

Benefits With You in Mind

Benefits for your whole life – that’s what you’ll find at Fidelity.

You’ll find everything from perks that makes your daily life better to those big-picture, life-changing resources here with us. We have an amazing package of benefits and programs designed to help you thrive – both in and outside of work.

Family Programs

Adoption assistance
Maternity & parental leave (16 weeks of fully-paid maternity leave and 6 weeks fully-paid parental leave)

Wellness Programs

Dependent care flexible spending (FSA)
On-site health & wellness centers

Retirement Planning

401(k): pre-tax and/or Roth

Health & Insurance

Medical coverage
Dental & Vision coverage

Education Benefits

Step Ahead student loan assistance – helping you pay down your loans so you can save on interest, with up to $10K in contributions
Tuition reimbursement program

* Subject to your meeting initial and ongoing eligibility requirements, Company discretion and the availability of sufficient Company profits and cash flow.
** Albuquerque-based regular employees, excluding individuals employed in a retail branch location, are not eligible to receive the Profit Sharing contribution or Retiree Health Reimbursement Plan credits.
*** As of March 2019.

Fidelity Investments

Boston, MA

Fidelity Investments is a privately-owned investment management company that was established in 1946 as a mutual fund company. Fidelity now offers a range of services including fund distribution and investment advice, wealth management, life insurance, retirement services, and securities execution and clearance. It manages equity, fixed income, and balanced mutual funds for individual investors, businesses, financial advisors, and institutional investors.

Based in Boston, Massachusetts, it is one of the largest investment management firms in the United States, with over 26 million customers, $6.5 trillion in total customer assets, and more than $2.4 trillion in global assets under management

History of Fidelity Investments

The Fidelity Fund was established in 1930, a year after the stock market crash of 1929 and before the Great Depression of 1933. The fund continued to operate until 1943 when it was acquired by Boston-based lawyer Edward C. Johnson II. At the time, the fund reported assets under management valued at $3 million. In 1946, Johnson II founded the Fidelity Management and Research Company, now Fidelity Investments, to serve as an investment advisor to the Fidelity Fund. When running the fund, Johnson’s objective was to buy stocks with a potential for growth, and not necessarily blue-chip stocks.

Fidelity Investments Operations

Fidelity Investments operates several businesses, with the main ones being mutual funds and brokerage services. The mutual fund division comprises three divisions – equity, high-income, and fixed income divisions. The company operates Fidelity Contrafund, the largest non-indexed mutual fund in the United States, with over $107.4 billion in assets. Fidelity Investments also owns Fidelity Magellan, which was at one time managed by former CEO and President Ned Johnson. Fidelity Magellan manages assets totaling $15.5 billion.

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