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 investment professionals, ensuring they have access to the most relevant data and advanced quantitative analysis.
The Role
Fidelity is seeking to hire an Associate Data Scientist to join its Advanced Strategies and Research (ASR) team. This position will be located in Fidelity’s office in Boston, MA. The data scientist will work primarily with our fundamental consumer research team to analyze alternative data and develop novel quantitative models/tools to support and strengthen the investment process used to manage Fidelity’s client accounts. A secondary objective is to engage in general data science research to help advance our ability to model and predict economic regimes and trends.
This is a rare opportunity to work with high caliber investment professionals at one of the world’s largest asset managers. 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 the implications of your work supported by a comprehensive and thoughtful research process is critical to success in investment management at Fidelity.
As an Associate Data Scientist, you will work within a larger data science team that engages in research across all asset classes with opportunities for mentorship and coaching by experienced data scientists, quant researchers and other finance professionals.
The Value You Deliver
Understand the landscape of alternative data available in the consumer sector.
Develop and enhance tools and reports related to fundamental metrics and company trends.
Engage in robust quantitative research to support investment ideas and conclusions.
Monitor, measure, and re-train models.
Collaborate closely with other investment and technology professionals within the division.
Explain complex quantitative concepts to non-technical people.
Take initiative and demonstrate leadership skills to advance the investment process.
The Expertise and Skills You Bring
These attributes are indispensable:
2-3 years of data science or quantitative experience
Very strong interpersonal skills and an eagerness to work in a team environment
Very strong technical and financial modeling skills
Strong working knowledge of ML/data science, Python, SQL, data visualization
These attributes are preferred:
Advanced degree in a discipline of finance, science, engineering, or mathematics
Experience with investment research, preferably in the consumer sector
Certifications:Company Overview
Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.
Join Us
At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees’ Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.
Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite.
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.
We invite you to Find Your Fidelity at fidelitycareers.com.
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations@fmr.com.