What are the responsibilities and job description for the Quantitative Risk Analyst position at Fidelity Investments?
Job Description
Quantitative Risk Analyst
The Value You Deliver
As an Analyst within Fidelity Risk Group’s Quantitative Risk Analysis team, you will be working in a team-based, fast-paced environment. This role will expose you to the various facets of the financial services industry with a concentration in quantitative model validation and financial modeling, and develop your brand as a leader, mentor, and strategic thinker across Fidelity.
The Team
The Quantitative Risk Analyst will work on a cross-functional team responsible for evaluating market, financial, and operational risks; validating quantitative models; assessing private and complex asset valuations; evaluating the effectiveness of risk management models and tools; communicating issues and findings to management; and devising solutions for continual business improvements. Key areas of focus include quantitative modeling, valuation and pricing, trade cost analysis, investment products, financial market events, and credit risk.
The Expertise We’re Looking For
Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.
Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.
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.
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.
Certifications
Category:
Risk
Quantitative Risk Analyst
The Value You Deliver
As an Analyst within Fidelity Risk Group’s Quantitative Risk Analysis team, you will be working in a team-based, fast-paced environment. This role will expose you to the various facets of the financial services industry with a concentration in quantitative model validation and financial modeling, and develop your brand as a leader, mentor, and strategic thinker across Fidelity.
The Team
The Quantitative Risk Analyst will work on a cross-functional team responsible for evaluating market, financial, and operational risks; validating quantitative models; assessing private and complex asset valuations; evaluating the effectiveness of risk management models and tools; communicating issues and findings to management; and devising solutions for continual business improvements. Key areas of focus include quantitative modeling, valuation and pricing, trade cost analysis, investment products, financial market events, and credit risk.
The Expertise We’re Looking For
- MS in Finance, Mathematical Finance, or related field of study
- 2-4 years of relevant work experience
- Strong problem solving, quantitative, and analytical abilities
- Demonstrated leadership abilities and idea generation
- Ability to prioritize multiple tasks and manage workload
- Strong proficiency with Bloomberg, Excel, and/or statistical software (e.g., R, Python, MATLAB, SQL)
- Progress towards CFA or similar industry certification preferred
- Strong written and verbal communication skills
- Perform model validation across firm-wide business groups, including an assessment of model inputs, calculation methodology, outputs, and key assumptions
- Assess exposure to financial risks, including counterparty, interest rate, and foreign exchange risks
- Perform quantitative and qualitative analysis to evaluate portfolio risks, price complex securities, and analyze strategic allocations
- Prepare presentations and written assessments to communicate observations and proposed improvements for business leaders and executives
- Provide viable solutions to identified issues and collaborate with business leaders to implement them
- Build deep working relationships with clients throughout Fidelity
- Mentor and develop skills of Associate colleagues
- Ongoing training and personal development time to prepare you for long-term career growth and success
- Ongoing coaching and feedback from your direct manager, including career development guidance
- Access to cutting edge tools and technology
- Opportunity to work in a team environment, with a culture of collaboration, partnership and sharing of ideas
- Access to a variety of employee resource groups and volunteer opportunities within the local community
- Networking opportunities with Fidelity leaders and colleagues across the organization and region
- An array of competitive employee benefits, including tuition reimbursement and student loan assistance for eligible employees. To learn more about our employee benefits please visit: https://jobs.fidelity.com/our-culture/benefits/index.html
Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.
Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.
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.
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.
Certifications
Category:
Risk
Salary : $58,000 - $91,000
