Director, Quantitative Research Services - 2072223
Company: Fidelity Investments
Location: Boston, MA
Posted on: March 15, 2023
Job Description:
Designs, develops, and deploys customized quantitative tools
using NumPy, Pandas, and Scikit-Learn. Leads the implementation of
quantitative research projects throughout the product development
lifecycle using Oracle. Oversees production data management, model
integrity, and end-to-end technical support for portfolio
management, risk models, and quant research platforms by building
quantitative research platforms and tools. Primary Responsibilities: Performs business, systems, and data analysis -- process design
and acceptance testing -- across projects to provide new research
content and investment analyses. Produces reporting capabilities for investment
professionals. Develops new processes, performs calculations, identifies
anomalies, and produces new reporting capabilities by analyzing
large data sets. Evaluates the value of new content and methods through
proofs-of-concept. Extends data platforms using existing data models and
quantitative research processes. Translates analytics into model construction, factor definition,
and calculation. Enhances research and investment processes by developing and
incorporating non-traditional and/or unstructured data into data
science applications. Ensures adequacy and reformulates models as necessary by
validating and testing models. Presents results of mathematical modeling and data analysis to
management and end users. Formulates and applies mathematical modeling and optimization
methods. Develops and interprets information to assist senior management
in business unit decisions. Collects and analyzes data. Oversees the implementation of cross-divisional components. Initiates and drives project or strategy discussions. Sets visions, goals, and direction for the
team/organization. Provides leadership, technical supervision, and expertise to
multiple teams in broad technical areas on complex
organization-wide projects. Identifies and plans for future resource needs. Develops decision support software, services, or products. Develops and supplies optimal time, cost, or logistics networks
for program evaluation, review, or implementation. Conducts quantitative analyses of information affecting
investment programs of public or private institutions. Education and Experience: Bachelors degree (or foreign education equivalent) in
Mathematical Finance, Mathematics, Accounting, Computer Science,
Engineering, or a closely related field and six (6) years of
experience in the job offered or six (6) years of experience
performing quantitative data analytic and system analysis for
investment research, portfolio management, and risk management
within an asset management environment. Or, alternatively, Masters degree (or foreign education
equivalent) in Mathematical Finance, Mathematics, Accounting,
Computer Science, Engineering, or a closely related field and four
(4) years of experience in the job offered or four (4) years of
experience performing quantitative data analytic and system
analysis for investment research, portfolio management, and risk
management within an asset management environment. Or, alternatively, Doctoral degree (or foreign education
equivalent) in Mathematical Finance, Mathematics, Accounting,
Computer Science, Engineering, or a closely related field and one
(1) year of experience in the job offered or one (1) year of
experience performing quantitative data analytic and system
analysis for investment research, portfolio management, and risk
management within an asset management environment. Skills and Knowledge: Candidate must also possess: Demonstrated Expertise (DE) performing data analysis for
security-level analytics -- security reference, corporate actions,
FX, and equity derivatives valuation -- using Bloomberg, Factset,
and BarraOne; and performing data modeling for market data -- the
Greeks, yields, OAS, implied volatility, and interest rate swap
valuation -- using Bloomberg, Factset, and BarraOne. DE performing risk factor analysis on equity, high-income, and
asset allocation portfolios, using Barra and Citi models; measuring
portfolio level risk metrics -- tracking errors and beta --
according to cross-sectional factor models, using Python and
Matlab; and generating portfolio risk decompositions to analyze
factor exposures and marginal contribution, using Matlab, Python,
R, and SQL. DE calculating portfolio Value-at-Risk (VaR) and currency
hedging to aid risk managers in monitoring and assessing
portfolio-level tail risk, using Parametrics methods and
simulations in Python and BarraOne; and presenting modeling
recommendations and translating output statistics into meaningful
insights used for portfolio management. DE developing codes, tools, and prototypes using Object-Oriented
Programming (OOP); performing system design to support investment
research, stock selection, and performance attribution, using
Factset, Bloomberg, and Barra Aegis; and generating data
visualizations that monitor analytics, using Python (Dash and
Plotly) and SQL; and building production infrastructure, using SQL,
PL/SQL, Python , .Net, and R programming languages. For full job details and to apply, please visit
https://jobs.fidelity.com/ and search for job number: 2072223.
Keywords: Fidelity Investments, Manchester , Director, Quantitative Research Services - 2072223, Finance , Boston, MA, New Hampshire
