Skip to main contentA logo with &quat;the muse&quat; in dark blue text.

Associate Data Scientist

AT Fidelity Investments
Fidelity Investments

Associate Data Scientist

Boston, MA

Job Description:

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.

Want more jobs like this?

Get jobs in Boston, MA delivered to your inbox every week.

By signing up, you agree to our Terms of Service & Privacy Policy.


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. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite all business days of every other week in a Fidelity office.

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.

Client-provided location(s): Boston, MA, USA
Job ID: Fidelity-2101030
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • On-Site Gym
    • Pet Insurance
    • Mental Health Benefits
    • Virtual Fitness Classes
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Adoption Leave
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Snacks
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Company Equity
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Internship Program
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program

Company Videos

Hear directly from employees about what it is like to work at Fidelity Investments.