What are the responsibilities and job description for the Head of Global Quantitative Trading Analysis position at Fidelity Investments Careers?
Job Description:
Position Description
As the Head of Global Quantitative Trading Analysis, you will be responsible for leading a core group of Equity Trading Quantitative Analysts based in Boston and London. Your efforts will drive the ongoing successful partnership with Traders and the trading management team to develop new opportunities for the team of quants to add value, evaluate and provide feedback on existing trading strategies and collaborate on innovative solutions and techniques. As a member of the Trading management team, you'll help drive strategy, innovation, and collaboration across the organization. Primarily, you will lead, mentor, and develop the technical skills and expertise of our Quant analysts. This is intended to be a hands-on role in which you will be a contributor as well as a leader who will need to help shape problem definitions, drive strategy, execute bodies of work, and develop partnerships across asset management to reinforce the value and capability of the function.
Primary Responsibilities
- Lead and mentor the core team of equity trading quantitative analysts
- Work in collaboration with Syndicate, Securities Lending, Portfolio Services, Systematic & Sector trading, FX & Alternatives trading teams
- Ensure robustness of trading processes and alignment with investment decision objectives with the goal of preserving alpha and minimizing any hurdle to alpha
- Actively participate in the development of presentation materials for Boards & Oversight committees • Effectively respond to requests from Institutional clients on matters pertaining to trading costs etc..
- Act as the project-lead and manager for all trading research initiatives, working with systems technology and their peers, to drive initiatives to completion
- Build, train and retain a diverse, inclusive and quantitative trading research team while providing opportunities for career progression
Education and Experience
- Experience managing a team of talented individuals
- 10 years of relevant work experience
- Advanced degree in Finance, Statistics, Applied Mathematics, Physics, Computer Science, Engineering, or a closely related field is encouraged
- Extensive background in global equity trading, market microstructure, investment decision life cycle, Trading cost analytics, trading decision support tools, algorithms & trading venues
The Skills You Bring
- Ability to engage with traders, trading management & Portfolio Managers to innovate on their behalf; formulate and execute against a trading research agenda and collaborate with quantitative and technological partners
- Deep understanding of implicit trading costs, pre & post trade impact costs and the mathematical models underneath them
- Strong fundamental understanding of Equity asset class, global equity markets & market microstructure
- Detailed understanding of all data elements and their many nuances pertaining to different aspects of the investment decision life cycle.
- Expertise applying programming skills such as Python/Q/R on large time series data sets
- Knowledge of and experience with Cloud, Visualization tools such as Tableau, working with on/off prem large-sized data sources
- Collaborative, creative and team-oriented approach to leadership
Location
- Boston, MA
Certifications:
Company Overview
At Fidelity Investments, our customers are at the heart of everything we do. As a privately held company with a rich 75-year history, our mission has remained the same since our founding: 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. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning and growth so you can build the career you’ve always imagined. We welcome associates from different backgrounds and with different perspectives to help us innovate and make a difference for our customers and our communities.
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 Leave of Absence/Accommodation Team by sending an email to accommodations @fmr.com, or by calling 800-835-5099, prompt 2, option 2.
Fidelity will continue to keep the safety of associates and customers as our top priority and this will never change. As the pandemic evolves and Federal, State, and Local regulations emerge, it has become clear that knowing the vaccination status of all associates is critical to our safety efforts.
Therefore, Fidelity will require all candidates to disclose their COVID-19 vaccination status during the hiring process, and if vaccinated, provide proof of vaccine.
This is not a requirement to be vaccinated. It is a requirement to report vaccination status and, if vaccinated, provide proof.