Quantitative Researcher

## ##

Job Description:

** The Group
** Quantitative Research and Investing (QRI) is an investments and research division within Asset Management  are responsible for the management and development of quantitative and hybrid quant/fundamental investment strategies and solutions while providing high quality quantitative, data-driven support to Fidelity’s fundamental investment professionals, ensuring they have access to the most relevant data and advanced quantitative analysis.
** The Role
** As member of this team, you will be developing alpha signals and risk models from end-to-end (from raw data to live strategies/portfolios). You will leverage standard and advanced tools from econometrics, statistics, stochastic calculus, machine learning, network graph analysis, etc. to pursue applications mostly for quant equities but likely with some exposure to quant credit and cross-asset strategies. This effort will create opportunities for Fidelity to utilize large volumes of structured, unstructured, alternative, and market data to develop new and proprietary sources of alpha to drive growth for the firm across our equity and fixed income strategies.

You will engage in data exploration, modeling, and research to craft novel sources of alpha and new measures of risk and while strengthening our existing quant platform, and investment and research capabilities. This individual will be a hands-on contributor and be part of a nimble and high impact team that is developing differentiated strategies.
** The Value You Deliver
*** Develop quant methodologies that leverage variety of data sources
* Contribute innovative ideas and execute on them within our research process
* Work closely with other team members to support ongoing research efforts
* Develop trading strategies from idea generation, testing, all the way to production
* Contribute to our quant research platform effort
* Contribute to the broader training and development of an elite quantitative and data driven research and investment team
* Help craft the overall research and development agenda
** Education and Experience
*** 5+ years of relevant work experience in a quantitative asset management role
* PhD in a quantitative field of finance/economics or in statistics, applied mathematics, physics, computer science, engineering, or a closely related field is required
* Alternatively, a master’s or equivalent advanced degree in aforementioned fields but with 8+ years of relevant work experience in a quantitative asset management role
* Experience in developing alpha signals, risk models and investing strategies
* Experience in wrangling with large structured and unstructured data in an efficient and scalable manner
* Experience in leveraging LLMs/GenAI as part of day-to-day research & development and as building block for quant models
* Strong background in quantitative investing
* Passion for the market
* Ability to write and deploy robust production-quality code is required
* Experience in deploying network graph technologies and/or techniques in live investment strategies is required
* Experience in equity, fixed Income, derivatives (multi-asset class experience) is required
* Experience in delivering automated end-to-end workflows (from raw data to optimized portfolio)
** The Skills You Bring
*** Thorough understanding and ability to drive the quantitative process across its lifecycle from idea generation, development, testing and production
* Ability to clearly communicate and explain complex topics, share ideas, initiate and bring to fruition collaborative efforts across investment divisions
* Outstanding hands-on research skills including data exploration, model development and evaluation, training, validation, and deployment at scale
* Collaborative, creative and team-oriented approach to research, investing and technology
* Excellent programming skills with Python and SQL
* Ability to work with large, unstructured datasets and modern (cloud-based) technologies e.g. Snowflake (SQL), S3, Docker etc.

The base salary range for this position is $150,000 - $250,000 per year.

Placement in the range will vary based on job responsibilities and scope, geographic location,…