AM Quantitative Analyst 1- 2073003

Company: Fidelity Investments
Location: Boston, MA
Posted on: March 29, 2023

Job Description:

Position Description:

Provides quantitative analytic support for security selection, asset allocation, tax management, and portfolio construction. Delivers novel quantitative financial solutions and communicates technical content to a broad range of professionals. Utilizes expertise in database query techniques, programming languages for statistical analysis, modeling, visualization, and third-party financial software applications.

Primary Responsibilities:

· Collaborates with asset-class portfolio managers to provide analytic support for quantitative re-search.

· Measures portfolio risks and returns, and performs and develops attribution analyses, in support of security and portfolio analytic needs.

· Develops factor and risk models for use with equity and multi-asset-class portfolios.

· Formulates and applies mathematical modeling and optimization methods to develop and interpret data in support of the investment process.

· Tests multi-asset class fund alpha models.

· Interprets inflation, growth, and macroeconomic variable data to assess long-term, secular, and business-cycle behavior for a broad variety of investment strategies.

· Develops methods to analyze post-tax performance and suggests optimal strategies for taxable investing.

· Designs and prototypes platforms for systematic use of analytics and optimization approaches.

Education and Experience:

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

Skills and Knowledge:

Candidate must also possess:

Demonstrated Expertise (DE) building investment-oriented quantitative models based on large fundamental and market-based financial data sets, through the application of regression, time series analysis, Monte Carlo simulation, machine learning, and statistical and data science techniques in the field of finance.

DE creating automated and scalable tools and visualizations for performance attribution, factor exposure calculation, and risk analysis of multi-asset class portfolios comprised of equity and fixed income investment vehicles, using database and programming languages -- R, Python, Excel VBA, and SQL -- in the investment management industry.

DE performing research and developing optimal investment strategies by applying optimization for portfolio construction with dynamic considerations for investment return, risk, portfolio exposures, turnover, and tax implications; and back testing and implementing these strategies using programming languages and financial software -- R, Python, Bloomberg, FactSet, MSCI Barra, and Axioma.

DE calculating, evaluating, and interpreting portfolio-level characteristics and attributes based on security-level metrics for equity investment vehicles (valuation, profitability, growth, volatility, and sensitivity to risk factors), for the systemic evaluation of investment opportunities, using financial software (Bloomberg or FactSet), pivot tables, and excel VBA.

[Expertise may be gained during Masters degree program]

For full job details, and to apply please visit https://jobs.fidelity.com/ and search for the Job number 2073003

Keywords: Fidelity Investments , Boston , AM Quantitative Analyst 1- 2073003, Finance , Boston, MA, Massachusetts