Quantitative Risk Analyst

Fidelity; United States; On-site; USD 67,000 - 127,000; Full time

Benefits offered by this job

Comprehensive health care coverage

Emotional well-being support

Market-leading retirement plan

Generous paid time off & parentalLeave

Charitable giving matching

Educational assistance & student loan/

Job summary

Fidelity is seeking an Analyst within the Quantitative Risk Analysis team in the Risk Group. You will be exposed to financial services, quantitative model validation, and financial modeling, while developing your leadership and strategic thinking across Fidelity.

Responsibilities include validating models, assessing market and operational risks, and communicating findings to executives. You will mentor Associates and collaborate with business leaders to implement improvements.

Qualifications

• MS in Finance, Mathematical Finance, or related field of study.
• 2–4 years of relevant work experience.
• Strong problem solving, quantitative, and analytical abilities.
• Demonstrated leadership abilities and idea generation.
• Ability to prioritize multiple tasks and manage workload.
• Strong written and verbal communication skills.

Responsibilities

• Perform model validation across firm-wide business groups, including an assessment of model inputs, calculation methodology, outputs, and key assumptions.
• Assess exposure to financial risks, including counterparty, interest rate, and foreign exchange risks.
• Perform quantitative and qualitative analysis to evaluate portfolio risks, price complex securities, and analyze strategic allocations.
• Prepare presentations and written assessments to communicate observations and proposed improvements for business leaders and executives.
• Provide viable solutions to identified issues and collaborate with business leaders to implement them.
• Build deep working relationships with clients throughout Fidelity.
• Mentor and develop skills of Associate colleagues.

Skills

Problem solving

Leadership

Prioritization

Communication

Team collaboration

Analytical thinking

Education

MS in Finance or Mathematical Finance

Tools

Bloomberg

Excel

R

Python

MATLAB

SQL

Job description

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

The Role

As an Analyst within Fidelity Risk Group's Quantitative Risk Analysis team, you will be working in a team-based, fast-paced environment. This role will expose you to the various facets of the financial services industry with a concentration in quantitative model validation and financial modeling, and develop your brand as a leader, mentor, and strategic thinker across Fidelity.

Key responsibilities

• Perform model validation across firm-wide business groups, including an assessment of model inputs, calculation methodology, outputs, and key assumptions
• Assess exposure to financial risks, including counterparty, interest rate, and foreign exchange risks
• Perform quantitative and qualitative analysis to evaluate portfolio risks, price complex securities, and analyze strategic allocations
• Prepare presentations and written assessments to communicate observations and proposed improvements for business leaders and executives
• Provide viable solutions to identified issues and collaborate with business leaders to implement them
• Build deep working relationships with clients throughout Fidelity
• Mentor and develop skills of Associate colleagues

The Expertise and Skills You Bring

• MS in Finance, Mathematical Finance, or related field of study
• 2-4 years of relevant work experience
• Strong problem solving, quantitative, and analytical abilities
• Demonstrated leadership abilities and idea generation
• Ability to prioritize multiple tasks and manage workload
• Strong proficiency with Bloomberg, Excel, and/or statistical software (e.g., R, Python, MATLAB, SQL)
• Progress towards CFA or similar industry certification preferred
• Strong written and verbal communication skills

The Team

The Quantitative Risk Analyst will work on a cross-functional team responsible for evaluating market, financial, and operational risks; validating quantitative models; assessing private and complex asset valuations; evaluating the effectiveness of risk management models and tools; communicating issues and findings to management; and devising solutions for continual business improvements. Key areas of focus include quantitative modeling, valuation and pricing, trade cost analysis, investment products, financial market events, and credit risk.

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 $67,000-$127,000 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.

• comprehensive health care coverage
• emotional well-being support
• market-leading retirement
• generous paid time off and parental leave
• charitable giving employee match program
• 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.

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.

Certifications:

Category:

Risk