Quantitative Research Intern- Multi-Asset Systematic Research Team

Job Description:

Note: Fidelity will not provide immigration sponsorship for this position. 

The Role 

Fidelity is seeking a Quantitative Research Intern to join the Multi Asset Systematic Strategies (MASS) team. As a member of the Quantitative Research group, you will contribute to the research, development, and implementation of systematic investment strategies across equity index futures, sovereign bond futures, commodity futures and currencies. Core areas of focus include alpha generation, portfolio construction, and risk management.

Working alongside portfolio managers and quantitative researchers, you will help enhance the investment processes used to manage Fidelity mutual funds and client portfolios while supporting the development of new investment products and capabilities. Key responsibilities include: 

• Partner with portfolio managers, quantitative researchers, and research analysts to conduct investment and market research that supports the team's objectives. 

• Research and develop systematic investment strategies, asset allocation frameworks, and portfolio construction methodologies. 

• Enhance quantitative models, research tools, and risk management capabilities.

• Monitor academic research and industry developments related to alternative risk premia, quantitative investing, and portfolio management.
• Analyze large datasets and apply quantitative techniques to generate research insights and investment recommendations. 

• Present research findings and recommendations to portfolio managers and other stakeholders. 

• Communicate complex quantitative concepts and research conclusions to both technical and non-technical audiences. 

The Expertise and Skills You Bring 

• Master's and PhD students in financial mathematics, engineering, science, or related quantitative fields with anticipated graduation dates in late 2027 or early 2028

• Strong working knowledge of data analytics languages (Python) and data management tools (SQL) 

• Strong interpersonal skills and a genuine passion for working in a team environment 

• Familiarity with both cash and derivative instruments – equities, fixed income, futures, forwards, swaps and options is desirable  

• Highly proactive and self-motivated with the ability to meet objectives independently 

• Experience with Bloomberg/FactSet  

• Experience with conducting financial analysis like back-testing, computing statistical measures  

The Team 

Quantitative Research and Investing (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. 

Fidelity’s Asset Management Internship Program 

As a participant in Fidelity’s Asset Management internship program, you will gain hands-on training, receive mentorship from investment professionals, and contribute to meaningful projects and key deliverables. High-performing interns may be considered for a full-time opportunity upon graduation. 

Intern Program Dates 

June 7th, 2027- August 13th, 2027 

Application Deadline 

Please note, Fidelity reserves the right to close this application at any point 

The base salary range for this position is $50 - $77 per hour.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Note, the application window closes when the position is filled or unposted.

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.

Certifications:

Category:

Investment Professionals