At a Glance
- Tasks: Conduct quantitative research and develop models to enhance investment strategies.
- Company: Join Fidelity Investments, a leader in financial services with a focus on innovation.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Collaborative team environment with a strong emphasis on research and development.
- Why this job: Make a real impact in finance by leveraging data and analytics for investment success.
- Qualifications: 7+ years in quantitative equity research and proficiency in programming languages.
The predicted salary is between 63000 - 77000 £ 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.
Location: 25 Cannon St, London Great Britain
Type: Full time
Quantitative Equity Research Analyst in London employer: Fidelity Investments
Fidelity Investments is an exceptional employer that fosters a collaborative and innovative work culture, where your insights on retirement and workplace trends can truly make a difference. With a strong emphasis on employee growth, you will have access to continuous learning opportunities and the chance to engage with senior leaders across diverse markets, all while contributing to meaningful projects that impact financial wellbeing globally.
