At a Glance
- Tasks: Conduct quantitative research and develop models to enhance investment strategies.
- Company: Join Fidelity Investments, a leader in financial services and innovation.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Collaborative team environment focused on cutting-edge investment strategies.
- Why this job: Make a real impact in finance by driving alpha generation and risk management.
- Qualifications: 7+ years in quantitative equity research with strong programming skills.
The predicted salary is between 54000 - 66000 £ per year.
Fidelity Investments is looking for a Quantitative Equity Research Analyst to join the Equity Quantitative team – a part of the Quantitative Research & Investments (QRI) division. In this role, the analyst will partner with fundamental Equity portfolio managers to provide quantitative analytics for alpha generation, risk management, and portfolio construction. The analyst will conduct research on new alpha sources to enhance existing models, deliver actionable advice on fund positioning and risk drivers, and assist with portfolio construction using optimizations and other systematic approaches.
The Value You Deliver
- Building quantitative factors and models through idea generation and empirical analysis to enhance the investment process of fundamental portfolio managers.
- Evaluating large structured and alternative datasets to deliver differentiated sources of alpha.
- Providing customized and proactive recommendations to portfolio managers by analyzing portfolio risk exposures, investigating portfolio construction and optimization techniques, and conducting performance attribution.
- Assisting portfolio managers with new product development, fund pitches, and client communications.
- Actively contributing to the team’s research agenda and taking responsibility for research projects, as well as publishing and distributing research internally.
The Expertise and Skills You Bring
- 7+ years of experience in quantitative equity research.
- Relevant experience building multi-factor quantitative models employing both linear and non-linear (e.g., machine learning based or GenAI) algorithms.
- Deep understanding of equity risk models, including model construction, factor and covariance definitions, factor calculations, and translating output statistics into meaningful information for fundamental investors.
- Proven expertise with portfolio construction and optimization techniques.
- Working knowledge of applying large language models to extract insights from unstructured data.
- Proficiency with programming languages and statistical software (e.g., Python, R, SQL).
- Deep knowledge of various financial and economic databases, such as Compustat, Worldscope, IBES etc.
- Experience with financial packages and portfolio optimization tools (e.g., FactSet, Bloomberg, Barra).
- Master’s degree in quantitative finance, financial mathematics, business administration, computer science, engineering, or the physical sciences.
- Ability to think independently with good economic intuition as well as strong presentation and communication skills.
The Group
QRI is an investments and research division within Asset Management at Fidelity. QRI is responsible for managing and developing quantitative and hybrid quant/fundamental investment strategies and solutions while also providing high quality quantitative, data-driven research to Fidelity’s investment professionals, ensuring they have access to the most relevant data and advanced quantitative analysis.
Quantitative Equity Research Analyst employer: Fidelity Investments Inc.
Fidelity Investments Inc. is an exceptional employer that fosters a collaborative and innovative work culture, where your insights can shape the future of financial wellbeing on a global scale. With a strong emphasis on employee growth and development, you will have access to numerous opportunities to enhance your skills while working alongside industry leaders in a dynamic environment. Located in a vibrant market, Fidelity offers unique advantages such as a commitment to diversity and inclusion, ensuring that every voice is heard and valued.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Equity Research Analyst
✨Get Involved in Finance Communities
Join investment and asset management forums or local finance meetups. Engaging with professionals in these circles can not only help you learn the ropes but also put you in touch with potential employers like Fidelity Investments Inc., who often scout for talent at such events.
✨Utilise Networking Platforms
Connect with professionals already working in asset management on platforms like LinkedIn. A personal message showing your interest in their role or asking for advice can lead to significant connections that might tip the scales in your favour at companies like Fidelity Investments Inc..
✨Show Off Your Financial Skills
Consider contributing to investment blogs or even creating your own content. Sharing your insights and analyses can demonstrate your knowledge and passion for the industry, making you stand out when applying for roles at organisations like Fidelity Investments Inc..
✨Engage with Recruitment Events
Attend finance recruitment fairs and expos. These events are perfect for making a strong impression with recruiters and potentially securing interviews. Many companies, including Fidelity Investments Inc., attend these events to scout for fresh talent, so make sure you stand out with your enthusiasm and knowledge!
We think you need these skills to ace Quantitative Equity Research Analyst
Some tips for your application 🫡
Highlight Your Analytical Skills:In asset management, it's all about the numbers! Make sure your CV showcases your analytical skills, particularly any experience with financial modelling or quantitative analysis. Employers like Fidelity Investments Inc. want to see how you can dissect data and turn it into actionable insights, so don't hold back on your achievements!
Show Off Your Relevant Qualifications:Having the right qualifications can be a game changer in investment roles. If you've got a degree in finance, economics, or a related field, flaunt it! Also, if you have any certifications like CFA or CAIA, mention those too. It’ll help demonstrate your commitment and expertise in the field to Fidelity Investments Inc..
Tailor Your Cover Letter to Reflect Passion for Investment:Your cover letter is your chance to express your enthusiasm for the investment world. Share why you're drawn to asset management and your understanding of market trends. The hiring team at Fidelity Investments Inc. will be keen to see that passion and how you keep up with industry news and developments.
Quantify Your Achievements:Don’t just tell them what you did - show them! When detailing your previous experience, include quantifiable achievements to illustrate your impact. Whether it’s percentage growth on a portfolio or cost savings in a project, these figures will help your application stand out to Fidelity Investments Inc.. Numbers speak louder than words!
How to prepare for a job interview at Fidelity Investments Inc.
✨Brush Up on Financial Modelling
For a role in investment asset management, being well-versed in financial modelling is crucial. Make sure you can articulate your experience with tools like Excel or any specialised software you've used. Maybe even prepare a couple of examples of financial models you've built or analysed.
✨Know Your Investment Strategies
Expect questions around different investment strategies and how you would apply them in various market scenarios. Get ready to discuss current market trends and how they impact portfolio management. This shows you're not just about the theory but also keeping an eye on real-world applications.
✨Show Your Analytical Skills
Since this is a full-time role, companies like Fidelity Investments Inc. want to see your analytical thinking in action. Prepare to solve case studies or tackle some numerical puzzles during the interview. Practicing these types of questions will boost your confidence and show off your skills.
✨Discuss Your Long-Term Career Goals
As you’re applying for a full-time position, the interviewers will be interested in your commitment to the field. Be ready to discuss how this role fits into your long-term career plans in asset management. This shows you're not just looking for any job, but you’re genuinely interested in growing withFidelity Investments Inc..
