Intern, Data Science and Optimization

Job Description:

The Fidelity Enterprise Services Advanced Technology for Investment Management Team contributes to the vitality and growth of the organization by transforming breakthrough technologies into practical capabilities for Fidelity's internal and external investment clients. The Team promotes companywide collaboration while delivering new Artificial Intelligence enabled portfolio level perspectives to investment managers and client service colleagues.

The Expertise We're Looking For

• Graduate degrees in computer science, computational financial engineering or related fields
• 2+ years of academy course/project training on machine learning, optimization, data science and related fields
• Demonstrated success development of large-scale computing algorithms with Java, Scala, Python or R with GPUs and/or map-reduce framework on SPARK cluster
• Proven success building machine learning models to solve real-world problems
• Proficient in programming languages including Python and/or R, C/C++, Java/Scala

The Purpose of Your Role

Fidelity is looking for an energetic and innovative intern who brings hands-on data science capabilities in research and development of AI/ML methods as components in consolidating investment management technology solutions. It will be important for a candidate to be curious, creative, and agile in learning and applying investment concepts.

The Skills You Bring

• You have passion for the financial markets, products, and processes (including: Fixed Income Instruments/Analytics, Asset Pricing Models/Instruments and Multi-Factor Risk Models)
• You have professional knowledge with statistical models, predictive models and time series analysis (such as regression, classification, simulation, dimension reduction)
• You have solid mathematical background of solving common optimization problems (including: linear/nonlinear/integer programming)
• You have hands-on experience in developing and evaluating machine learning models on large scale datasets
• You have meticulous attention to detail and unquestioned integrity
• You are a fast learner and a good team player

The Value You Deliver

• Advancing the research and development of AI/ML methods as components in the delivery of innovative investment management technology solutions
• Designing and implementing portfolio risk and optimization techniques to deliver industry differentiated capabilities
• Effective partnering across Fidelity's technology, AI Center of Excellence and investment teams

How Your Work Impacts the Organization

The Fidelity Enterprise Services Advanced Technology for Investment Management identifies projects to continually strengthen investment decision and portfolio construction insights and support personalized investment goals. The Team works within an innovation ecosystem that includes partners from investment, client relations, technology and centralized R&D units. Fidelity Enterprise Services Advanced Technology seeks cross-domain authorities with backgrounds that connect investment management, machine learning and technology implementation. We cultivate success through a rigorous, collaborative approach that builds, tests, and iterates as we learn and seek challenging processes and problems in investment management.

Company Overview

At Fidelity, we are focused on making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. For information about working at Fidelity, visit FidelityCareers.com

Fidelity Investments is an equal opportunity employer.

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.

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