(#2087987) Investment Portfolio Engineer/Developer
The Team
With more than $700 billion in assets under management as of December 31st, 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. 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. 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.
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. Note, the application window closes when the position is filled or unposted.
Certifications:
Category:
Investment Professionals