Director, Proprietary Indexing

Soteria Reinsurance Ltd.; Merrimack (NH); On-site; USD 140,000 - 210,000; Full time

Job summary

Fidelity Investments is seeking a Director of QRI Business Operations to support investment professionals within the Quantitative Research and Investments (QRI) group. The role focuses on operational processes for proprietary indexes and quantitative research, with emphasis on data validation, vendor relations, issue management and scalable controls.

The role collaborates across Fidelity to ensure processes are well-controlled, efficient, and aligned with QRI’s priorities.

Qualifications

• Bachelor’s degree or higher in a quantitative field such as mathematics, statistics, engineering, computer science, finance, or a related field.
• 5+ years of experience in investment operations, data operations, business operations, or a related financial services support function.
• Strong analytical capabilities with the ability to understand complex datasets and implement data quality controls.
• Experience with data inputs, data validation, and understanding of index methodology research.

Responsibilities

• Build and maintain a transparent, consistent business operations framework that drives quality, control, and continuous improvement across QRI.
• Build and maintain strong working relationships with research, technology, compliance, product, vendors, internal clients and other key business partners.
• Drive prioritization and implement improvements in execution with a focus on automation to reduce operational risk and increase efficiency.
• Develop a solid understanding of the quantitative investment process, including data inputs, data validation, index methodology research, issue resolution and downstream operational dependencies.
• Ensure maintenance of workflow documentation and desktop procedures, ensuring process consistency across team members.
• Respond to evolving business priorities and new requests while balancing risk, quality, and execution timelines.

Skills

Strong analytical skills

Data quality controls

Financial data knowledge

SQL

Python

Snowflake

Oracle

Communication & collaboration

Risk awareness

Education

Bachelor's degree or higher in a quantitative field

Tools

SQL

Python

Snowflake

Oracle

Job description

Note: Fidelity will not provide immigration sponsorship for this position.

The Role

The Director, QRI Business Operations will support investment professionals within Quantitative Research and Investments (QRI), with a primary focus on the operational processes that enable the proprietary index and quantitative research teams. This role will support daily operational activities, including data validation, vendor relationships, issue management and other investment research support functions. The individual will work closely with various research teams and collaborate across Fidelity to ensure operational processes are well-controlled, efficient, scalable, and aligned with QRI’s strategic priorities.

Responsibilities

• Build and maintain a transparent, consistent business operations framework that drives quality, control, and continuous improvement across QRI.
• Build and maintain strong working relationships with research, technology, compliance, product, vendors, internal clients and other key business partners.
• Drive prioritization and implement improvements in execution with a focus on automation to reduce operational risk and increase efficiency.
• Develop a solid understanding of the quantitative investment process, including data inputs, data validation, index methodology research, issue resolution and downstream operational dependencies.
• Ensure maintenance of workflow documentation and desktop procedures, ensuring process consistency across team members.
• Respond to evolving business priorities and new requests while balancing risk, quality, and execution timelines.

The Expertise and Skills You Bring

Strong analytical capabilities, with the ability to understand complex datasets and implement effective data quality controls. Strong understanding of financial data, including security, company, portfolio, and index-level information, as well as pricing across equities, fixed income, and derivatives. Experience with SQL, Python, Snowflake, Oracle, and/or other data and automation tools; familiarity with data quality frameworks preferred. Experience identifying anomalies, assessing data quality issues, and designing processes to improve workflow reliability and control. Excellent communication and collaboration skills, with the ability to work effectively across technical, investment, operational, and senior leadership teams. Ability to design effective processes, identify improvement opportunities, and proactively surface risks, gaps, and dependencies. Contributes positively to the team environment and is committed to strengthening Fidelity’s culture through accountability, collaboration, and continuous improvement.

Education and Experience

Bachelor’s degree or higher in a quantitative field such as mathematics, statistics, engineering, computer science, finance, or a related field. 5 plus years of experience in investment operations, data operations, business operations, or a related financial services support function.

The Team

The Asset Management Investment Services (AMIS) division is comprised of: Business Operations and Strategy, Fidelity Fund and Investment Operations, Investment Services and Investment Risk Management teams. This division works together to support AM's strategic goals while operating as the best partner to the business to protect our clients via risk oversight, common data and support, as well as strategic business planning. The Quantitative Research Investment Services (QRI IS) team, while part of AMIS, is aligned with the priorities of the Quantitative Research and Investments (QRI) organization within Asset Management.

Fidelity’s Onsite Working Model

Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

Certifications

Category: Investment Operations Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Why Join Us

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 experiences.

Equal Opportunity and Accommodations

Fidelity Investments is an equal opportunity employer. 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 please contact the following: For roles based in the US: Contact the HR Leave of Absence/Accommodation Team by sending an email to [e-mail], or by calling 800-835-5099, prompt 2, option 2 For roles based in Ireland: Contact [e-mail] For roles based in Germany: Contact [e-mail] Fidelity Privacy Policy