Fixed Income Quantitative Analyst

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

Fidelity is seeking to hire a 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 work with the other members of a 25-person QRI team, who are embedded with the Fidelity’s Fixed Income division, as well as investment professionals in this division, to develop quantitative techniques, models, and tools to support and strengthen the trading and investment processes used in the management of Fidelity’s fixed income mutual funds and client accounts.

The analyst in this role will focus on working with our corporate bond trading team and the other investment professionals and quantitative analysts involved in Fixed Income’s trading strategies.

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, which manages over $2 trillion in assets. 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 analytic infrastructure related to the trading process
• Build robust quantitative tools to aid all aspects trading process
• Collaborate closely with other investment and technology professionals within the division
• Explain complex quantitative concepts to non-technical people
• Closely partner with experienced traders to create, measure, and improve trading models used for pre-trade, at-trade, and post trade workflows
• Take initiative and demonstrate leadership skills to advance the investment process

The Expertise and Skills You Bring

These attributes are indispensable:

• 3+ years of industry experience as a quantitative analyst
• Programming experience in Python (preferred) or in other mathematical modeling language
• Very strong interpersonal and verbal communication skills and an eagerness to work in a team environment
• Deep comfort with applied mathematics and statistics
• Demonstrated expertise in technical and financial problem solving
• Familiarity with fixed income analytics

These attributes are strongly preferred:

• Good working knowledge Python (or other modeling language) and relational databases
• Advanced degree in a discipline of science, technology, engineering, or mathematics
• Interest and passion for investing and the financial markets
• Familiarity with fixed income trading workflows, data, pricing and market engagement models, and trading performance attribution
• Demonstrated experience in working with fixed income trading platforms such as Tradeweb, Market Axess, ICE, etc
• Familiarity with liquidity metrics and models such as Barclays LCS and Bloomberg LQA

Investment Professionals

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 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.