Quantitative Portfolio Analyst, Portfolio Engineering

About the role

The Quantitative Portfolio Analyst will be responsible for the implementation and evolution of quantitative portfolio management for Fidelity’s managed account and non-discretionary model portfolios. This role involves working closely with portfolio managers, quantitative research, investment management, and technology teams to contribute to all aspects of the investment process.

Responsibilities

• Portfolio Reallocations: Own the day-to-day portfolio management process, including collaborating with portfolio managers, formulating investment strategies, making trading recommendations, configuring optimization platform inputs, constructing model portfolios, evaluating portfolio characteristics, and supervising trading processes.
• Quantitative Analysis: Conduct complex quantitative research projects in conjunction with the broader investment team to improve the investment methodology and client outcomes.
• Portfolio Oversight: Lead the development of portfolio oversight processes across millions of portfolios, communicating performance, risk, positioning, and rebalance metrics to ensure alignment with the investment thesis and client portfolio outcomes.
• Investment Architecture: Guide the investment architecture and design of scalable enhancements to the model management platform and systematic processes, providing business context, prototypes, requirements, and roadmap prioritization, and performing end-user acceptance testing.
• Client Relations: Develop hypothetical portfolios and ad-hoc analysis for prospective plan sponsors and financial advisors, and perform white-glove transition management to seamlessly onboard clients.

Requirements

• 5+ years of work experience in the investment management industry with a focus on applied quantitative finance and technical skills.
• A graduate degree in a related field such as Computer Science, Engineering, Mathematics, or Quantitative Finance.
• CFA or related investment certifications preferred.

Skills and Knowledge

• Quantitative Investing: Experience with quantitative portfolio construction methods, investment management, and portfolio analysis.
• Portfolio Construction: Experience working with optimization software, tools, and techniques.
• Technical Skills: Advanced proficiency in programming (Python, R), data access (SQL), and version control (Git).
• Agentic AI: Proficiency in leveraging modern AI-assisted development and research tools (e.g., GitHub Copilot, Claude Code, agentic workflows) to drive workflow efficiency, streamline quant analysis, and improve investment outcomes.
• Investment Architecture: Analytical, architecture-oriented mindset with experience driving the investment platform development lifecycle (from requirements through testing and delivery) in close partnership with technology teams.
• Communication: Excellent communication and interpersonal skills, with a proven ability to translate and present complex quantitative concepts to large, diverse audiences.
• Professional Qualities: Detail-oriented, collaborative, self-directed professional with a genuine passion for financial markets, innovation, and working in a fast-paced environment.

Qualifications

• Graduate degree in a related field such as Computer Science, Engineering, Mathematics, or Quantitative Finance.
• Experience in the investment management industry with a focus on applied quantitative finance and technical skills.
• CFA or related investment certifications preferred.

Benefits

Fidelity offers 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.

Pay

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.

Schedule

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.