Quantitative Analyst

Strategic Advisers, LLC Job PostingStrategic Advisers, LLC (SAI) is a registered investment advisor and Fidelity Investments Company that provides investment management services to clients through Fidelity's retail and institutional distribution channels. For more than 30 years, Strategic Advisers, LLC has specialized in the investment management of managed accounts and other custom solutions to help investors reach their financial goals. With more than $1.4 trillion in assets under management in a blend of Fidelity and third-party investment vehicles, Fidelity's Strategic Advisers, LLC is a leading provider of managed solutions for retail, workplace, and institutional clients.The Quantitative Taxable team within Quantitative Research group is responsible for research and development of the investment methodologies that enable SAI to manage personalized client portfolios at scale. We develop methodology for asset location, multi-account optimization, tax-loss harvesting, and many other tax management and goal-based wealth management strategies. Our projects typically lie at the intersection of investment management, portfolio engineering, product design, and personalized financial planning. As a member of this team, your primary objective will include researching and designing solutions to deliver superior outcomes for the managed account clients. A significant focus of your work will also be on model/portfolio construction and optimization to deliver optimal after-tax benefits for clients. This position requires strong collaboration across product development, fundamental research, portfolio engineering, investment management, and technology teams.The Value You DeliverResearch, design, and develop quantitative investment techniques and methodologies to support multi-asset class model and portfolio construction.Develop the next generation of tax-smart techniques to manage portfolios for taxable clients, taking into consideration asset allocation and asset location in a multi-asset and multi-account framework.Collaborate with portfolio management, research, and portfolio engineering teams to enhance the existing portfolio construction processes for both single and multi-account solutions, as well as innovative approaches for unified managed households.Design and back-test strategies, run simulations and perform risk and after-tax analyses.Articulate the rationale for specific recommendations and clearly communicate them.Understand, maintain, and improve infrastructure supporting investment research and processes.Skills and KnowledgeExperience with quantitative portfolio construction methods and portfolio optimization, investment management, and portfolio analysis.Experience with quantitative portfolio tools such as Barra, Axioma and Factset.Solid programming and database skills, e.g., Python, R, SQL, and BI Tools.Experience with operations research and agentic artificial intelligence preferred.Effective communication and presentation skills, particularly in translating complex quantitative analysis into meaningful and applicable investment solutions.Ability to work across the organization in various disciplines to drive consensus/closure; strong collaboration and influence skills.Education and ExperienceGraduate degree in a related field (Finance, Engineering, Mathematics, Operations Research, Decision Science, and Computer Science).5+ years of experience in quantitative investment research (e.g., portfolio optimization, asset allocation) and portfolio construction roles, specifically for a multi-asset class investment process.Proven ability and track-record of conducting rigorous independent empirical research and a willingness to identify and present new research ideas.CFA is a plus.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 $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.We offer 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.