FMR

AM Quantitative Analyst II

United States · Work style not stated · Full time

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About the role

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EmployerFMR
LocationUnited States
Work styleWork style not stated
Employment typeFull time
Employer posted9 Oct 2026

Fidelity will not provide immigration sponsorship for this position.

Job Description:

Position Description:

Leads development of cross-regional quantitative models, integrating equity, factor, macroeconomic, and alternative data-driven signals into unified research frameworks. Oversees validation and stability testing of next‑generation alpha models, including regime‑shift analysis, stress scenarios, factor decay studies, and production‑grade sensitivity testing. Applies advanced econometrics, data science, and programming skills using Python, R, MATLAB, and SQL to analyze financial data and build visualization dashboards. Designs and implements advanced machine learning (ML) methodologies (ensemble models, nonlinear optimization routines, and Bayesian inference systems) to enhance predictive accuracy and robustness. Analyzes financial or operational performance of companies facing financial difficulties to identify or recommend remedies. Develops portfolio construction engines capable of optimizing across multiple objectives (risk, capacity, turnover, and ESG constraints) while supporting multi-strategy workflows.

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Primary Responsibilities:

Improves performance of stock selection models through idea generation, empirical analysis, and back-testing.
Implements quantitatively based equity models, transaction cost modeling, risk mitigation as well as evaluates and develops new risk models.
Investigates large structured and alternative data sources to generate alpha, designs research studies, and simulates portfolios to enhance investment strategies.
Develops signals based on equity option characteristics that capture the informational spillover from the options market to the equity market.
Leads exploratory research into new investment products leveraging proprietary alpha and risk models.
Monitors, measures, and attributes portfolio risks and returns.
Guides the integration of quantitative tools into trading systems, to enable automated signal deployment, intraday model refresh cycles, and scalable execution optimization processes.
Evaluates and enhances cross-team research infrastructure.
Advises on computational frameworks, cloud migration initiatives, and performance tuning for large-scale processing.
Actively participates in the team’s research agenda from idea generation, research design, back-testing and portfolio simulations, to implementation.
Collaborates with research, technology, and trading teams to integrate quantitative methods into the investment process and improve infrastructure and tools.
Advises clients on aspects of capitalization -- amounts, sources, or timing.

Education and Experience:

Bachelor’s degree in Accounting, Economics, Finance, Statistics, Mathematics, Financial Engineering, or a closely related field (or foreign education equivalent) and five (5) years of experience as an AM Quantitative Analyst II (or closely related occupation) investigating large structured and novel data sources to generate alpha, using Python, R, MATLAB and SQL in a Linux environment.

Or, alternatively, Master’s degree in Accounting, Economics, Finance, Statistics, Mathematics, Financial Engineering, or a closely related field and (or foreign education equivalent) and three (3) years of experience as an AM Quantitative Analyst II (or closely related occupation) investigating large structured and novel data sources to generate alpha, using Python, R, MATLAB and SQL in a Linux environment.

Skills and Knowledge:

Candidate must also possess:

Demonstrated Expertise (“DE”) applying portfolio optimization techniques to construct long-only portfolios with normal and customized dynamic constraints, using Gurobi or Cplex.
DE constructing and analyzing options-implied volatility surfaces across maturities and strikes -- building alpha signals on the volatility surface and stock options trading flow dynamics.
DE developing non-linear signal aggregation framework to combine alpha sources, using ML models -- Neural Network via Tensorflow and Keras in Python.
DE designing and operationalizing systematic investment strategies for new active equity product launches, including defining the investment universe, development of signal weighting framework, and specifying portfolio construction rules, using R and Python.

Salary: $165,000.00 to $200,000.00/year.

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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.

Certifications:

Category:

Investment Professionals

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.

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