Investment Portfolio Engineer/Developer

Boston, MA, United States

Job Description:

The Team

With more than $700 billion in assets under management as of December 31 st , 2023, Fidelity s Strategic Advisers, LLC is a leading provider of asset allocation solutions for retail, institutional, and high net worth clients. The range of investment solutions include managed accounts, financial planning frameworks and custom solutions.

Description

Strategic Advisers is a registered investment adviser and Fidelity Investments Company and serves as the investment manager to all Fidelity managed accounts offered by Fidelity s Portfolio Advisory Services and through Fidelity s Wealth Management Advisory Services.\u00A0 We construct and manage asset allocation portfolios for more than a million accounts.

Strategic Advisers is looking for a Portfolio Engineer to join our Boston, MA or Denver, CO office. The team is responsible for portfolio construction and trading of Fidelity s retail and workplace managed accounts.\u00A0 We employ investment expertise, quantitative techniques, and technology to scale our investment processes across both taxable and tax qualified portfolios with a mix of single and multi-asset class strategies, investing in a range of securities, including stocks, bonds, ETFs, mutual funds, and separately managed accounts.

Primary Responsibilities

You will be part of a dynamic group, tasked with developing innovative ways to manage client investment portfolios at scale. You will work collaboratively within the Systematic Portfolio Engineering team, including support of scaled portfolio management processes; participating in or leading design reviews with peers and stakeholders to meet business requirements; reviewing code developed by other team members and providing feedback to ensure best practices; leading efforts on documentation and code refactoring to reduce team technical debt. You will work directly with a team of investment experts and lead code design to meet business requirements; establish and enforce coding standards and best practices for the team; design, guide and vet system designs with technology partners and write production code to solve complex investment management problems.

Experience and Education

Bachelor s degree required

Graduate degree in Applied Data Science, Computer Science, or directly related field preferred

2+ years of meaningful experience in software development required

Experience working in an investment organization preferred

Skills and Knowledge

Experience with software development in one or more programming languages required and with knowledge in data structures/algorithms

Practical experience with Java/Groovy preferred

Passion for financial markets, technology, and innovation

Experience with R or Python a plus

Understanding of quantitative portfolio construction techniques, optimization and statistics a plus

Data visualization experience with Tableau or Spotfire a plus

Excellent attention to detail

Proven ability to work effectively in a highly collaborative, team-oriented environment

Excellent written and interpersonal skills

Location

Boston, MA / Denver, CO

The base salary range for this position is $125,000 - $185,000 per year. \u00A0

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. \u00A0\u00A0

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. \u00A0These 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. \u00A0Note, the application window closes when the position is filled or unposted.

Certifications:

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients money.

Join Us

At Fidelity, you ll find endless opportunities to build a meaningful career that positively impacts peoples lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees Choice Award , we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don t need a finance background to succeed at Fidelity\u2014we offer a range of opportunities for learning so you can build the career you ve always imagined.

At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we re calling \u201C Dynamic Working \u201D. Most associates will have a hybrid schedule with a requirement to work onsite at a Fidelity work location for at least one week, 5 consecutive days, every four weeks. These requirements are subject to change.

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry . Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document , and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

We invite you to Find Your Fidelity at fidelitycareers.com .

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.

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 [email protected] , or by calling 800-835-5099 , prompt 2, option 3.

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