Quantitative Specialist - 2056452

Company: Fidelity Investments
Location: Boston, MA
Posted on: June 17, 2022

Job Description:

Delivers innovative data visualization and analytic tool capabilities to illustrate current and time series investment themes, portfolio exposures, and factors driving fund performance. Develops customized quantitative tools, using Python or R. Leads development efforts to expand and enhance the technical infrastructure and reporting capabilities associated with quantitative alpha research, big data analytics, and performance attribution.

Primary Responsibilities:

Oversees daily, weekly, and monthly production reporting cycles across analytic environments ensures required data input is available, processes run successfully and ensures statistical input is accurate and reports are generated properly.

Responds to ad-hoc data analysis requests in support of large-scale projects performed by Quantitative Research Analysts.

Monitors all calculation/reporting production cycles, fielding requests for custom analyses, and participates in development efforts to expand risk capabilities.

Serves as a subject area leader on all aspects of portfolio risk and the broader data environment.

Supports the portfolio risk analytics environment activities ranging from portfolio risk analysis to factor-based performance attribution.

Delivers innovative data visualization and analytic tools capable of illustrating current and time series investment themes, portfolio exposures, and factors driving fund performance.

Develops new processes, performs complex analytics calculations, identifies anomalies, and produces new reporting capabilities by analyzing large data sets.

Performs business, systems, and data analysis, detailed process design, and thorough acceptance testing across projects that require new content.

Plans and manages project schedules and assignments for multiple, concurrent projects that are in a fast-paced environment by advising on risk assessment and project strategies and leading the projects to successful completion in a timely manner.

Acts as a primary liaison of business units -- technology groups, quantitative research teams, and external vendor partners -- who understands the full spectrum of risk model ecosystems.

Resolves various project/technology issues and manages deliverables by holding accountability.

Provides technology solutions to daily issues and analytical solutions and data management services to senior leadership across the business.

Manages technical development deliverables including, strategic plans slides and user-friendly prototypes.

Fosters and champions innovative technology solutions to resolve complex business problems by proposing proof of concepts to inspire business partners.

Mentors junior team members and provides career guidance.

Education and Experience:

Bachelors degree (or foreign education equivalent) in Financial Mathematics, Mathematics, Accounting, Engineering, Statistics or a closely related field and three (3) years of experience in the job offered or three (3) years of experience performing investment and portfolio risk data analytics.

Or, alternatively, Masters degree (or foreign education equivalent) in Financial Mathematics, Mathematics, Accounting, Engineering, Statistics or a closely related field and one (1) year of experience in the job offered or one (1) year of experience performing investment and portfolio risk data analytics.

Skills and Knowledge:

Candidate must also possess:

Demonstrated Expertise (DE) managing multi-terabyte data used for data modeling by standardizing procedures -- creating functions and packages in R, Python, Alteryx, Tableau, SQL, and Excel Macros; and creating data quality assurance tools to clean, validate, cross-check, track, and document changes, anomalies, and inconsistencies in raw data in SQL, R, and Python.

DE building quantitative models -- regression, time series, equity trading algorithms, Monte Carlo simulations, and interest rate stress testing, asset-backed security valuation, and retirement plan forecast models in Excel, Python, and R, using Bloomberg and FactSet data, and dynamic parameters -- to support, assure, enhance, and modernize/digitalize financial services businesses.

DE writing risk model methodologies and specification documents and creating analytical visualization solutions, using Microsoft Office suite and Tableau; creating model performance monitoring/validation measures and reports based according to statistical testing and comparison analysis; and researching and experimenting solutions to improve existing models -- automating data feeds and model implementation processes and creating new measures with existing metrics.

DE analyzing financial analytics data -- yield and spreads, option scenario data, and factor returns -- across instrument types to identify distinct characteristics of instrument and expected behaviors in financial markets using Bloomberg Terminal and APIs; and validating models designed and implemented in occasions specific to asset class type under stressed scenarios -- historical recessions and sell-off event.

For full job details and to apply, please visit https://jobs.fidelity.com/ and search for job number: 2056452.

Keywords: Fidelity Investments, Boston , Quantitative Specialist - 2056452, Finance , Boston, MA, Massachusetts