If you're looking for a career change or you're in search of talent...

Explore New Job Opportunities Here

Fixed Income Quantitative Analyst, Index Products



Merrimack, NH, USA
Posted on Tuesday, January 30, 2024

Job Description:

The Group

Quantitative Research and Investing (QRI) is an investments and research division within Asset Management at Fidelity. We 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

Fidelity is seeking to hire a Fixed Income Quantitative Analyst to join its Quantitative Research and Investments division. This position will be located in Fidelity’s office in Merrimack, New Hampshire. The analyst will develop quantitative techniques, models, and tools to support and strengthen the investment process used to manage Fidelity’s client accounts for our Fixed Income Index Product Investing team.

This is a rare opportunity to work with high caliber investment professionals in one of the premier fixed income investment management divisions in the world. As an ideal candidate, you will have demonstrated consistent success in your academic and work experience. You will have very strong analytical and communication skills and exhibit the highest level of personal and professional integrity. You’ll be able to think creatively, work independently, and make decisions quickly, often with limited information. Your ability to consistently develop, clearly articulate, and effectively communicate investment recommendations supported by a comprehensive and thoughtful research process is critical to success in investment management at Fidelity.

The Value You Deliver

  • Understand, maintain, and improve optimization infrastructure.
  • Build robust quantitative tools to aid all aspects of portfolio analysis and construction.
  • Collaborate closely with other investment and technology professionals within the division.
  • Monitor, measure, and attribute portfolio risks and returns.
  • Take initiative and demonstrate leadership skills to advance the investment process.

The Expertise and Skills You Bring

These attributes are indispensable:

  • Facility with analyzing and modeling complex information.
  • Expertise in quantitative development methods and terminology.
  • Experience in using optimization solvers like CPLEX or Gurobi.
  • Comprehension of computing concepts and applications requirements involving massive computing needs and data storage/retrieval.
  • Programming experience in Python.
  • Knowledge of the foundations of applied probability and statistics.
  • Very strong interpersonal skills and an eagerness to work in a team environment.

These attributes are preferred:

  • Advanced degree in Applied Mathematics or Operations Research.
  • Deep knowledge of quadratic, non-linear, and mixed integer optimization techniques and tools.