Quantitative Risk Analyst

Analyst, Quantitative Risk AnalysisThe RoleAs an Analyst within Fidelity Risk Group's Quantitative Risk Analysis team, you will be working in a team-based, fast-paced environment. This role will expose you to the various facets of the financial services industry with a concentration in quantitative model validation and financial modeling, and develop your brand as a leader, mentor, and strategic thinker across Fidelity.Key responsibilities:Perform model validation across firm-wide business groups, including an assessment of model inputs, calculation methodology, outputs, and key assumptionsAssess exposure to financial risks, including counterparty, interest rate, and foreign exchange risksPerform quantitative and qualitative analysis to evaluate portfolio risks, price complex securities, and analyze strategic allocationsPrepare presentations and written assessments to communicate observations and proposed improvements for business leaders and executivesProvide viable solutions to identified issues and collaborate with business leaders to implement themBuild deep working relationships with clients throughout FidelityMentor and develop skills of Associate colleaguesThe Expertise and Skills You BringMS in Finance, Mathematical Finance, or related field of study2-4 years of relevant work experienceStrong problem solving, quantitative, and analytical abilitiesDemonstrated leadership abilities and idea generationAbility to prioritize multiple tasks and manage workloadStrong proficiency with Bloomberg, Excel, and/or statistical software (e.g., R, Python, MATLAB, SQL)Progress towards CFA or similar industry certification preferredStrong written and verbal communication skillsThe TeamThe Quantitative Risk Analyst will work on a cross-functional team responsible for evaluating market, financial, and operational risks; validating quantitative models; assessing private and complex asset valuations; evaluating the effectiveness of risk management models and tools; communicating issues and findings to management; and devising solutions for continual business improvements. Key areas of focus include quantitative modeling, valuation and pricing, trade cost analysis, investment products, financial market events, and credit risk.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.The base salary range for this position is $67,000-$127,000 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.At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experience.Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation contact the HR Accommodation Team by sending an email to View email address on click.appcast.io, or by calling View phone number on click.appcast.io, prompt 2, option 3.Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop, and retain a diverse workforce is to build an enduring culture of inclusion and belonging.