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AM Quantitative Analyst I - 2055080

Company: Fidelity Investments
Location: Boston, MA
Posted on: May 27, 2022

Job Description:

Improves portfolio optimization methods and risk models using quantitative portfolio tools -- Barra, Axioma, and FactSet. Informs investment decisions by conducting research and analyzing financial data sets. Forecasts business, industry, and economic conditions, using industry knowledge and research data. Produces strong risk-adjusted performance in a wide range of multi-asset class investment solutions for managed account clients. Collaborates with portfolio managers and develops analytic studies to support and test ideas related to investment and portfolio construction. Collaborates across multiple account types and tax registrations -- taxable, and tax deferred and -free -- into the unified investment framework.

Primary Responsibilities:

Produces strong risk-adjusted performance for a wide range of multi-asset class investment solutions for managed account clients.

Contributes to the investment teams success with thorough insists and investment recommendations that are based on quantitative analysis.

Assists in domestic and international equity research.

Supports multi-account portfolio constriction processes.

Back-tests investment strategies and conducts after-tax and risk analyses to ensure successful transitions.

Aides in the implementation of equity portfolios.

Provides insights and investment recommendations based on quantitative analyses.

Establishes optimal investment approaches by conducting after-tax and risk analyses.

Ensures successful transitions from the Research and Development team to the investment management teams.

Collaborates with portfolio managers and develops analytic studies using new strategies.

Supports and tests strategies relating to investment and portfolio construction.

Prepares plans of action for investment using financial analyses.

Education and Experience:

Masters degree (or foreign education equivalent) in Accounting, Economics, Finance, Mathematical Finance, Statistics, or Mathematics and no experience.

Skills and Knowledge:

Candidate must also possess:

Demonstrated Expertise (DE) performing systematic tax-smart multi-account portfolio construction and optimization for retail and workplace (401(K)) managed accounts with embedded and standalone SMA optimizations, using Java, R, SQL, and Axioma; performing multi-dimensional simulations according to modern portfolio theory and multi-factor risk models, using R, SQL, and FactSet; developing quantitative methods to implement asset location, using R and Axioma; and visualizing analysis results to inform business decisions in a managed account domain, using Spotfire and R Shiny.

DE performing predictive modeling, using OLS regression, Xgboost, and Random Forest models, R, and SQL on cross sectional dataset for tax predictions; and applying Convolutional Neural Network (CNN) to model investment client data to capture cross sectional and time series characteristics, using R and SQL.

DE administering prototype code base using Git; performing large-scale testing and analytics generation, using UNIX and Amazon Web Services (AWS) based parallel computing techniques; analyzing and translating production-level Java code to R; and extracting, verifying, and summarizing results provided in AWS, Kafka, and Snowflake based software and translating them into changes of optimization parameters and systematic constraints in managed account business.

DE acting as member of an investment R&D team -- supporting enterprise technology teams in the development and implementation of new managed account capabilities according to complex investment methodologies and multi-portfolio optimization requirements; diagnosing and troubleshooting optimization workspaces in Axioma; and interfacing with technology vendors to report product defects, improve optimization heuristics, and propose new optimization functionalities.

[Expertise may be gained during graduate degree program.]

For full job details and to apply, please visit https://jobs.fidelity.com and search for job number: 2055080.

Keywords: Fidelity Investments, Boston , AM Quantitative Analyst I - 2055080, Finance , Boston, MA, Massachusetts


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