Portfolio Engineer, Systematic Equity Strategies

Job Description:

Fidelity Investments is looking for a Portfolio Engineer to join the Systematic Equity Strategies (SES) group — a part of Quant Research and Investments (QRI) Division. The SES team is responsible for the research, design, development, and implementation of systematic active and tax-managed equity strategies. Assets under management is approximately $18B and spans multiple equity products and customized separately managed accounts serving both intermediary and institutional investors.

Reporting to the Head of the SES Portfolio Engineering, the Portfolio Engineer will be part of the team responsible for designing, building and managing the QRI portfolio management platform, which will deliver asset management’s intellectual property and QRI quantitative skill through investment decisions across multiple investment products.

Primary Responsibilities

• Lead in designing the portfolio management platform, developing innovative platform capabilities that enable scale to support tens of thousands of SMAs and investment flexibility to manage various quantitative-based mutual funds and different custom institutional portfolios.
• Collaborate with QRI Technology to provide feedback on platform development, represent QRI in requirement sessions, and make resource prioritization decisions.
• Collaborate with the SES portfolio managers and research team to innovate on new research topics and investment strategies.

Qualifications

We are seeking individuals who have the following characteristics:

• Graduate degree in Finance, Engineering, or Computer Science strongly preferred
• 12 years of meaningful experience in an investment role, preferably in Research or Portfolio Management
• CFA credentials strongly preferred

• Solid understanding of capital markets backed with experience making investment decisions
• Deep understanding of portfolio construction, portfolio theory, quantitative portfolio construction techniques, and statistics
• Experience with portfolio optimization software such as Northfield, Axioma, or Barra
• Excellent attention to detail
• Curiosity to investigate issues, creativity to develop solutions, and follow-through to see solutions to implementation
• Experience with SQL, R, Java or Python, and data visualization with Tableau or Spotfire preferred
• Familiarity with data science and machine learning techniques a plus
• Proven ability to work effectively in a highly collaborative, team-oriented environment
• Excellent written and interpersonal skills

Location

Boston, MA

Please see below for the salary range for work locations in Colorado only:

Please see below for the salary range for work locations in New York City, Westchester County, NY and Jersey City, NJ only:

Please see below for the salary range for work locations in California only:

Please see below for the salary range for work locations in Washington only:

Certifications:

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.

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 Best Place to Work in 2023. 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.

At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we’re calling “Dynamic Working”. Most associates will have a hybrid schedule with a requirement to work onsite at a Fidelity work location for at least one week, 5 consecutive days, every four weeks. These requirements are subject to change.

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, or by calling 800-835-5099, prompt 2, option 3.