The Role
Fixed Income Quantitative Research Services provides analytic solutions and data management services to teams in quantitative research, portfolio management, and senior leadership roles across Asset Management. This specialized team leads development efforts to expand and enhance the technical infrastructure and reporting capabilities associated with single security fixed income analytics, multi-factor model risk forecasting, big data analytics, and performance attribution. Together with their partners in the technology and research divisions, members of this organization work as an integral part of small project teams to deliver innovative data visualization and analytic tools capable of illustrating current and time series investment themes, portfolio exposures, and factors driving fund performance. In addition to their project work, associates are also responsible for the oversight, maintenance, quality assurance and operational support of analytic and reporting environments to ensure timely and accurate investment intelligence is delivered for direct use within the portfolio management process.
The Expertise and skills you bring
A Bachelor’s degree in finance, math, accounting, engineering, or computer science. Master’s Degree and/or CFA Charter are strongly desired.
3 plus years of experience in an investment data analytics capacity with a focus on Fixed Income.
Demonstrated history as a top performer working in a data analysis role where technical skills were required.
Successfully led small to medium sized projects in a fast-paced environment.
Develop deep understanding across all aspects of Fixed Income quant research including model construction, factor definitions, factor calculations, security analytics and translating output statistics into meaningful information used within the portfolio management function.
Perform business, systems, and data analysis, process design, and acceptance testing across projects that require new research content, investment analytics, and/or produce additional reporting capabilities for investment professionals.
Oversee daily/weekly/monthly production reporting cycles across the analytic environments. Ensure all required input data is available, processes run successfully, statistical output is accurate, and reports are generated properly.
Respond to ad-hoc data analysis requests in support of projects performed by Quantitative Research Analysts in addition to frequent high priority inquiries from other senior investment professionals.
Contribute to the continued development and incorporation of non-traditional and/or unstructured data as well as data science applications to enhance the research and investment process.
Advanced level SQL and ability to traverse a wide array of database schemas across diverse content sets.
Experience programming in Python or R with the ability to develop customized quantitative tools.
Highly analytical with the ability to quickly comprehend large data sets in order to develop new processes, perform calculations, identify anomalies, and/or produce new reporting capabilities.
Familiarity with quantitative analytics, including fund and index performance measurement, predictive risk modeling, alpha research, stock selection models, and performance attribution.
Hands-on project leadership skills with the drive to complete projects as a part of small teams within an extremely fast paced environment. Capability to liaise with investment professionals to gather requirements and manage deliverables of technical development teams.
Working knowledge of fixed income securities, corporate actions, financial statement analysis, street estimates, pricing and performance data.
Highly proactive, collaborative and self-motivated with the ability to meet objectives under minimal supervision.
Strong written and verbal communication; able to communicate effectively with key stakeholders on deliverables
Experience with BarraOne and Bloomberg is a plus.
The Team
As part of the Fixed Income Quant Services team, you will work on improving the analytics and risk platform as well as quant processes by collaborating across teams and driving the engagement. You will leverage your strong technology and domain skills to understand business requirements, partner with quant analysts in testing model prototypes and work with technology partners in driving the implementation of said models. You will also use your analytical skills to actively monitor the quality of the security and fund level analytics and reports.
The base salary range for this position is $97,000-185,000 USD per year.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.
Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles. Please consult with your recruiter for the specific expectations for this position.