At Fidelity, we are passionate about 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. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experience.
Key Skills for This Role
BarraAxiomaNorthfieldBloombergSQLPython
Full Job Posting
The Role
Quantitative Research and Investments (QRI) is seeking a data expert in the domain of portfolio risk analytics to join a new Risk Data Operations team responsible for ensuring that all vendor and internal portfolio risk analytics used for risk management and portfolio construction across Fidelity are delivered consistently, accurately and on a timely basis.
The Risk Data Operations team are the stewards of risk analytics data for QRI. They focus on quality control of all data that feeds into portfolio risk analytics, including security factor exposures and proxies, factor returns and covariance matrices, fundamentals data, security T&Cs, and portfolio holdings. In this role, you will provide data expertise to portfolio and risk managers who use portfolio risk models and engineering teams which build production processes around them.
This leader will serve as a player/coach, responsible for individual deliverables and will mentor more junior members of the team, helping them gain the domain expertise necessary to root-cause daily issues effectively, work with internal and external data providers to resolve issues at source, answer investor questions, and develop automated systems for identifying data quality issues.
The Expertise and Skills You Bring
Proven experience with market risk models from leading vendors such as Barra, Axioma, Northfield, and Bloomberg.
Strong analytical capabilities with a demonstrated ability to comprehend large datasets and implement effective data quality controls.
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Proactive and self-motivated approach, with the ability to work independently while providing oversight and mentorship to junior team members.
Understanding of financial data including security, company, portfolio, and index-level information, as well as pricing across equities, bonds, and derivatives.
Proficiency in SQL, Python, Snowflake, and/or Oracle, with hands-on experience in data quality frameworks and automation tools.
Bachelor’s degree or higher in a quantitative discipline such as mathematics, statistics, engineering, computer science, or finance.
5+ years of experience in global data operations or support roles within the financial industry, with a track record of delivering high-quality data solutions.
Exposure to anomaly detection methods, statistical tools, and best practices for managing data quality workflows.
Excellent communication skills, with experience collaborating across technical, investment, and senior leadership teams.
Demonstrated leadership in team environments, including mentoring junior associates and driving process improvements.
Experience working in complex data environments, with the technical and analytical infrastructure required to support them.
Ability to identify and resolve root-cause data quality issues, collaborating with internal teams and external data providers to correct issues at the source.
Skilled in developing automated processes to detect and resolve data errors, ensuring high-quality data for investment decision-making.
Experience in documenting key procedures and calculations and validating data for accuracy and completeness.
Domain expertise in investment management, with knowledge spanning risk management, portfolio management, trading, and investment operations.
The Team
The Risk Data Operations team is an integral part of the Quantitative Research and Investing (QRI) division in Asset Management. QRI is responsible for the management and development of quantitative investment strategies and solutions while providing high quality quantitative, data-driven support to Fidelity’s fundamental investment professionals, ensuring they have access to the most relevant data and advanced quantitative analysis.
Benefits that balance life and work
From our fully paid parent leave to our on-site health and wellness centers, our benefits support the belief that more balance you have, the better you can achieve your goals.
Company overview
At Fidelity, we are passionate about 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. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experience.
Reasonable accommodations
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 , or by calling 800-835-5099, prompt 2, option 3.
Equal opportunity employer
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.
Applicant screening
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 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.
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