Team Leader, SAI Quantitative Research

Job Description:

The Department

Strategic Advisers, LLC is a registered investment advisor and wholly owned subsidiary of FMR LLC that provides investment management services to clients through Fidelity's retail and institutional distribution channels. For more than 25 years Strategic Advisers has specialized in the design, construction and management of asset allocation solutions, as well as the methodologies for many of Fidelity's investment planning tools, to help investors reach their financial goals. With over $1 trillion in assets under management in a blend of Fidelity and third-party investment vehicles, the Strategic Advisers team of investment professionals constructs and manages asset allocation portfolios for close to 3.5 million customer accounts.

Quantitative Research

SAI's Quantitative Research analysts work on investment teams across the organization that focus on specific asset classes, products, central quantitative initiatives, and/or risk. The team consists of ~20 analysts located in Boston, Dublin, and Denver and partners with the broader SAI investment teams to deliver superior risk-adjusted performance for the wide range of investment offerings managed by SAI. The team's work includes risk modeling, portfolio construction analysis, the creation of smart beta libraries/alpha models, investment strategy methodology, and implementation support.

The Position

You will conduct research as a team leader in the Strategic Advisers Quantitative Research team. You will contribute to the investment team's successes by a combination of leadership, mentoring, and conducting thorough analyses that are based on solid quantitative methods.

Your primary area of focus will be on taxable investment research and methodology, particularly on portfolio construction and optimization in support of our developing unified managed accounts program. This work will also include support of asset class research teams and will involve prioritizing and coordinating efforts among a small, cross-disciplinary team of quantitative analysts.

You should enjoy working within a team environment and are expected to offer strong communication, programming, and analytical skills. You should be able to translate portfolio management requirements into quantitative projects and present the results in an investment-oriented and intuitive way.

Given SAI's rapidly growing business, this role will evolve dynamically and requires an ambitious spirit. You will work at Fidelity's headquarters in Boston, Massachusetts and will report to the managing director of quantitative research.

Responsibilities

Work within the Quantitative Research team to improve risk-adjusted performance and to help our clients to achieve their investment goals. Areas of potential specialization include the following:

• Investment Research - Guide, develop, and execute research as a member of our investment team, including exposure, risk, and portfolio analyses for asset class research
• Methodology and Implementation - Develop and apply methods that help bring our investment principles and research to our implementation platform, particularly involving tax-aware investing and portfolio construction
• Leadership - Provide leadership in methodology, analysis, and project delivery
• Mentorship - Guide, mentor, and potentially manage investment professionals. Help to cultivate an environment that encourages inclusivity, innovation, and cross-team collaboration
• Communication - Be able to clearly communicate and rationalize specific recommendations
• Collaboration - Partner with the broader investment, portfolio engineering, and technology team to enhance our investment framework for managed account clients.

Skills/Knowledge

• Strong communication and presentation skills
• Experience with taxable managed accounts and portfolio optimization, direct indexing, and financial planning
• Experience connecting portfolio construction with asset class research
• Deep knowledge of quantitative modeling, portfolio construction, optimization, and factor allocation across asset classes
• Experience managing projects, interns, and associates will be an advantage
• Very solid programming and database skills, e.g., R, Python, SQL
• Knowledge of capital markets dynamics
• Strong interpersonal skills and a real passion for working in a team environment

Qualifications

• 10+ years of experience in quantitative investment research particularly in managed accounts, taxable research, and portfolio construction
• Demonstrated experience leading and mentoring investment professionals
• Advanced degree in a related field (Finance, Engineering, Mathematics, Operations Research, Computer science or related field)
• CFA is a plus

Values

The following values are considered to be fundamental to the way in which our company operates:

• Teamwork
• Intellectual curiosity
• Accountability
• Enthusiasm

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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