Quantitative Analyst

Fidelity; United States; On-site; USD 100,000 - 200,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Paid time off

Parental leave

Job summary

Fidelity is seeking a proactive quantitative analyst to join the SAI Asset Allocation team. You will contribute to asset allocation research, macroeconomic modeling, and portfolio construction, partnering with asset allocators and PMs to drive insights.

The role emphasizes rigorous experimentation and cross‑functional collaboration across SAI research and portfolio management, with hands-on Python, LLMs, and analytic tools; base salary range is $100,000–$200,000 per year, onsite.

Qualifications

• Proven track record of independent, innovative research within the financial industry.
• 4+ years of experience preferred in quantitative research or asset allocation.
• Strong communication skills to articulate complex quantitative concepts.
• Hands-on experience with Python, LLMs, and analytic tools.
• Curiosity, rigorous experimentation, and exploration mindset.

Responsibilities

• Partner closely with SAI asset allocators and associated teams to understand workflows and contribute to a team‑driven process
• Support ad hoc PM research needs
• Execute and expand quantitative research elements of monthly asset allocation review process
• Develop and maintain a library of macroeconomic indicators and models
• Work with portfolio managers to design solutions and execute analyses
• Help develop a comprehensive vision for a quantitative asset allocation program
• Collaborate across SAI research and portfolio management groups on investment research projects

Skills

Python

LLMs

Agentic frameworks

Quantitative analysis

Strong communication

Tools

Analytic tools

Job description

Fidelity will not provide immigration sponsorship for this position.

The Group

Strategic Advisers, LLC (SAI) is a registered investment advisor and Fidelity Investments Company that provides investment management services to clients through Fidelity's retail and institutional distribution channels. For more than 30 years, SAI has specialized in the investment management of managed accounts and other custom solutions to help investors reach their financial goals. With more than $1.4 trillion in assets under management in a blend of Fidelity and third-party investment vehicles, Fidelity's SAI is a leading provider of managed solutions for retail, workplace, and institutional clients.

The Role

We seek a proactive, curious, innovative quantitative analyst to join the SAI Quantitative Research team, focusing on asset allocation research and portfolio construction. SAI is looking to advance its research capability and expand quantitative research input in support of our Asset Allocation decision-makers. The selected candidate will help drive and execute a vision for asset allocation and macroeconomic investment research, bringing strong technical skills and expertise in economics, finance, mathematical modeling, and quantitative analysis. This role will support a team of SAI asset allocation portfolio managers in developing strategic and tactical allocation across several managed account products with a large asset base. This role will involve both ad hoc support of portfolio managers and individual contributions to help improve decision-making, streamline workflows, and unlock new sources of insight. This individual will collaborate with a wide range of stakeholders across SAI, help build the function within SAI, and foster a culture of experimentation in SAI's complex yet collaborative environment. The ideal candidate will be capable of driving innovation and have a strong understanding of SAI's investment, research, business, and trading processes.

Responsibilities

The successful candidate will operate as an embedded quantitative analyst with the SAI Asset Allocation team and, over time, will be expected to expand their investment impact and thought-leadership, including the design and implementation of an expanded asset allocation and macroeconomic research function for SAI.

• Partner closely with SAI asset allocators and associated teams to understand their workflows and contribute to a team‑driven process
• Support ad hoc PM research needs
• Execute and expand quantitative research elements of monthly asset allocation review process
• Develop and maintain a library of macroeconomic indicators and models in support of team research and decision‑making
• Work with portfolio managers and team members to identify research needs, design solutions, and execute modeling and analyses in support of decision‑making
• Help develop and implement a comprehensive vision for a quantitative asset allocation research program
• Collaborate across SAI research and portfolio management groups, identifying and executing on common investment research projects

Skills, Knowledge, and Experience

• Strong communication skills, with the ability to articulate complex quantitative concepts and design efficient research solutions for investment decisions
• Proven track record of independent, innovative research within the financial industry, 4+ years of experience preferred
• Strategic mindset. Ability to influence and partner with team to develop and grow a program vision
• Demonstrated success creating and implementing new investment processes or significant enhancements to existing processes
• Familiarity with SAI's investment, investment services, portfolio engineering, optimization methods, or trading processes
• Hands‑on experience with Python, LLMs and agentic frameworks, and analytic tools
• A mindset geared toward curiosity, rigorous experimentation, and exploration

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.

The base salary range for this position is $100,000 - $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 progra