Demo

Senior Quantitative Analytics Developer

Fidelity Investments Inc.
Boston, MA Full Time
POSTED ON 1/17/2025
AVAILABLE BEFORE 4/16/2025

Job Description : The Role

Apply below after reading through all the details and supporting information regarding this job opportunity.

We are seeking a Senior Quantitative Analytics Developer to join our Advanced Data Analytics and Insights team. You'll contribute to the development of the Alternative Investment Risk Analytics & Oversight Platform, which is critical for monitoring the investment risk profiles of Fidelity's alternative investment funds. Your work will focus on designing and developing the Investment Risk Analytics Platform, supporting ongoing evaluation of investment risks across Fidelity's fund complex, with a particular emphasis on Alternative products. You will collaborate closely with the Head of Advanced Data Analytics, the Investment Risk Management team, and Quantitative Research and Investments technology partners throughout Fidelity.

Responsibilities

In this client-centric position, you will be responsible for developing key data insights, predictive analytics, and reporting dashboards. These tools will empower our Investment Risk Analysts to proactively monitor and manage risks. Your advanced risk analytics and reporting will support engagement with CIOs, compliance, and Portfolio Management teams across the organization.

Your responsibilities will include :

  • Developing and enhancing various risk reporting processes, such as derivative exposure measurement, leverage risk reporting, and VaR Backtesting
  • Working with Risk Managers to implement robust investment risk models across all Alternative investment products
  • Writing Python scripts to compute portfolio risk measures and monitor risk analytics
  • Utilizing SQL for data extraction and manipulation
  • Enhancing reporting and visualization features in existing Streamlit applications

The Expertise and Skills You Bring

  • MBA / MS in relevant quantitative field (Financial Mathematics, Financial Engineering, Data Science, Mathematics, Statistics, Physics, etc.)
  • 5 years of relevant experience in a quantitative development role within asset management
  • Highly proficient technical abilities including programming experience with : Python or R, SQL, Snowflake, Oracle, Tableau
  • Strong analytical and problem-solving background
  • Experience with data analytics or business intelligence related projects in the areas of data requirements gathering, analysis, design, interpretation, and translating them to analytical solutions
  • Expertise in navigating large SQL data sets including discovering, cleaning, analyzing, and preparing data for ingestion
  • Experience telling stories with data leading to informed and rapid decision making
  • Technical Background

  • Awareness of the software development lifecycle or experience building full stack solutions
  • Comfortable building automation solutions with the following technologies (Python, R, REST API / microservices architecture, PL / SQL, UI tools, no-code / low-code or cloud-based solutions)
  • Experience with DevOps principles and best practices (CI / CD, Git)
  • Interest in Data Engineering, Data Analytics, and leveraging BI solutions
  • Characteristics

  • Strong communication and presentation skills
  • Great teammate with a positive attitude and curiosity about developing innovative analytics solutions
  • Comfortable adapting to new and changing business areas and taking initiative to drive projects forward and deliver value in a complex, cross-functional working environment
  • Great collaboration and interpersonal skills and the ability to be self-sufficient
  • Demonstrate the ability to analyze problems, understand challenges, and develop viable solutions
  • Desired Skills / Knowledge

  • Nice to have : Investment Risk domain knowledge across Portfolio Management, Research, Trading, Compliance, and Investment Operations
  • Background with fixed income, equity, or alternative investment products
  • Investment risk management best practices and systems; Axioma, Barra, Bloomberg, FactSet, RiskMetrics, etc.
  • Experience with VaR & Tracking Error risk models and related risk metrics
  • Prior experience developing machine learning models, solutioning, and pipeline automation
  • The Team

    The CRBO Advanced Process Solutions and Innovation team is at the forefront of integrating emerging technologies and advanced data analytics. Our mission is to enhance the efficiency, speed, and proactivity of Asset Management operations. Our groundbreaking work significantly contributes to achieving Asset Management's goal for driving our business operations, scale, and efficiency objectives.

    In this role, you will work directly with the Head of Advanced Data Analytics & Insights to support a team of Investment Risk Managers who partner with the Chief Investment Officers and investment professionals to define relevant risk metrics and produce reporting that would provide assurance that investment managers are taking appropriate types and levels of risk for each client mandate and that those risks are measured accurately, monitored continuously, and taken purposefully.

    Certifications : Company Overview

    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.

    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 hybrid working model blends the best of both onsite and offsite work experiences. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite.

    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, detailed in this document, 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.

    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.

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