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Portfolio Engineer

AT Fidelity Investments
Fidelity Investments

Portfolio Engineer

Boston, MA

Job Description:

The Group

Strategic Advisers is hiring a Portfolio Engineer to join the Systematic Portfolio Engineering team. The role will be located at either our Boston or Denver office, working collaboratively with team colleagues in the US and Ireland. You will be part of a dynamic group, tasked with developing innovative ways to manage client portfolios at scale. Team members will work across multiple focus areas, including:

  • Investment management of client managed account products at scale (monitoring portfolio characteristics & risk exposures, evaluating portfolio quality and approving trades, configuring platform to implement targeted trades)
  • Quantitative analysis and oversight of portfolio holdings & risk exposures across millions of client accounts
  • Investment automation & platform architecture (working with our technology group to innovate on our platform, providing prototypes, requirements and business context)
  • Research & Development to continually improve our scaled investment management methodologies

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Experience and Education

  • Undergraduate degree in Finance, Economics, Math, Physics, Computer Science, Engineering or related field
  • Postgraduate qualification in Quantitative Finance or similar area preferred
  • CFA / CAIA designation preferred
  • 10+ years' experience of working in the asset management industry (e.g., fund management, investment risk management, quantitative research, trade implementation / portfolio construction, research analyst)
  • Experience of owning investment decisions in single or multi asset class investment strategies
  • Experience of quantitative approaches to investing would be beneficial
  • Proven ability to work effectively in a highly collaborative, team-oriented environment

The Skills You Bring

  • Solid understanding of capital markets and asset management industry
  • Knowledge of modern portfolio theory and quantitative portfolio construction methods
  • Experience of working with databases (SQL)
  • Ability to quantitatively analyse financial datasets (in tools like R, Python, Matlab or similar)

Other skills and knowledge that could set candidates apart:

  • Knowledge of portfolio optimization software (e.g. Axioma, Northfield, Barra)
  • Knowledge of tax-sensitive investment methodologies
  • Ability to work with object-oriented programming languages (e.g. Java)
  • Ability to carry out quantitative research on investment strategies
  • Data visualization experience
  • Strong communication skills (ability to convey quant analysis / research to a broad non-specialist audience)
The base salary range for this position is $120,000 - $200,000 per year.
Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

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 every other week (all business days, M-F) in a Fidelity office.

Certifications:

Category:

Investment Professionals

Client-provided location(s): Boston, MA, USA; Greenwood Village, CO, USA
Job ID: Fidelity-2109751
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.