Job Description Who we are looking for State Street's Model Risk Management (MRM) function is seeking a Quantitative Analyst (AVP) to join its Model Validation team based in Boston, MA. The Quantitative Analyst will participate in model validation to ensure model risks are correctly identified, assessed, and managed. MRM's validation work is focused on models used to make business and operating decisions in the general areas of credit risk, market risk, securities finance, asset management, compliance, stress testing, etc. The work of Quantitative Analyst will be guided by Senior Quantitative Analysts who lead model reviews. Why this role is important to us The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for. What you will be responsible for As Quantitative Analyst you will <ul><li>Assessing model theory and assumptions as well as considering modeling methods and alternate options</li><li>Testing and confirming model results by using documented procedures for running models</li><li>Assessing computational accuracy by reviewing code documentation for proper model implementation, including the possible simulation of results</li><li>Assessing the integrity of data inputs</li><li>Assessing the model performance, stability, and robustness by conducting backtesting, sensitivity testing, and stress testing</li><li>Presenting results of model validation work to senior management and making recommendations for improvements</li></ul> What we value These skills will help you succeed in this role <ul><li>Training in Artificial Intelligence (AI) and Machine Learning (ML) modeling techniques</li><li>Knowledge of financial markets and products</li><li>Strong written and verbal communication skills</li><li>Good project management skills, with the ability to work independently on multiple tasks and/or projects</li></ul> Education & Preferred Qualifications <ul><li>MS or PhD in Finance, Economics, Financial Engineering, Statistics, Math, or related field; senior positions require 2-3 years of model validation experience in a financial services firm</li><li>Work experience in a Financial Services Firm preferred. Model Validation experience a plus</li><li>Excellent quantitative modeling, analytical, research, and programming skills (e.g., R, Python, SAS, MATLAB, SQL, VBA, and other programming languages)</li></ul> Salary Range: $90,000 - $142,500 Annual The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Job Description: The TeamWith roughly $650 billion in assets under management, Fidelity Asset Management Solutions (FAMS) is a leading provider of multi-asset class solutions for retail and institutional clients. The range of investment solutions includes target date funds, target allocations funds, income and real return strategies, world allocation funds, managed-volatility strategies and other custom institutional solutions. FAMS is also developing and managing a range of cross-asset liquid alternative strategies, including managed futures, alternative risk premia, risk parity, global macro-opportunities, arbitrage products, and option-based hedging strategies. The FAMS Quantitative Research team provides research and analysis to portfolio managers and other investment professionals in support of our broad range of investment solutions. This research is vital in helping portfolio managers to select the most suitable investment options and manage asset class and risk exposures across all investment solutions delivered by FAMS. Members of the team either work directly within a specific investment team as an embedded analyst or support all investment teams across FAMS as a central analyst. The RoleFidelity is seeking an experienced Senior Quantitative Analyst to join the FAMS division. The position will be located at the company s headquarters in Boston, Massachusetts. As an analyst, you will form and communicate market views, develop and evaluate innovative systematic strategies, improve frameworks for both strategic and tactical asset allocation, and refine our tools for outcome-driven portfolio construction and risk management. This work will improve the process used to manage Fidelity s mutual funds and client accounts and will also aid in the design and launch of new products. Specific responsibilities will depend on your level of experience, aptitude, and current divisional needs, which will evolve over time. For example, there are opportunities to contribute to projects related to target date glidepath design, downside protection and robust diversification, proprietary factor models, systematic strategies like managed futures, or liability driven investment solutions. Ideally you will have strong quantitative, programming and data modeling skills with the ability to think analytically, communicate clearly and work collaboratively. The Value You Deliver<ul><li>Independently develop and communicate global macro market views to influence active allocation decisions</li><li>Lead research in strategic design and active allocation positioning from inception to implementation</li><li>Build robust quantitative tools to aid all aspects of portfolio construction</li><li>Understand, maintain, and improve infrastructure supporting investment processes</li><li>Monitor, measure, manage, and attribute portfolio risks and returns</li><li>Collaborate closely with other investment and technology professionals within the division</li><li>Explain complex quantitative concepts to non-technical people; mentor other analysts</li><li>Present research to key stakeholders; publish timely research notes and thought leadership</li></ul> The Expertise and Skills You BringThe role requires a well-rounded professional who possesses a deep understanding of market dynamics, systematic quantitative investment strategies, processes for translating investment objectives and constraints into portfolio construction, implementation considerations, and risk management. Additionally, the position requires:<ul><li>Bachelor s, Master s, or PhD degree in mathematics, engineering, science, finance, or business</li><li>10+ years of quantitative research experience, either multi asset class or single asset class</li><li>Computer science minor or equivalent programming experience</li><li>Strong working knowledge of data analytics languages (R or Python) and relational databases</li><li>Strong interpersonal skills and a real passion for working in a team environment</li></ul> Leadership Competencies You Are Expected to Demonstrate<ul><li>Ability to think strategically, and deliver timely results in a fast-faced environment</li><li>Credible and professional presence to interact effectively with investment professionals at all levels of experience, as well as with the external marketplace</li><li>Ability to work independently as well as in a collaborative fashion</li><li>Comfort using technology and a disciplined approach to analyzing market opportunities</li><li>A high level of passion for markets and investment opportunities</li><li>High integrity, strong work ethic, humility, good interpersonal skills, and team-centered orientation</li><li>Disciplined adherence to clearly articulated investment principles and process</li><li>Client-first mentality</li></ul> ValuesWe consider the following values to be fundamental to the way in which our company operates:<ul><li>Accountability</li><li>Enthusiasm</li><li>Integrity</li><li>Teamwork</li><li>Respect</li></ul> 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 <div class="anchor-hijack" style="display: inline"><a href="u0022https://www.glassdoor.com/Award/Best-Places-to-Work-LST_KQ0,19.htmu0022">Glassdoor Employees Choice Award</a></div>, 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 Fidelityu2014we offer a range of opportunities for learning so you can build the career you ve always imagined. <div class="anchor-hijack" style="display: inline"><a href="u0022https://jobs.fidelity.com/locations/#dwu0022">Fidelity's working model</a></div> blends the best of working offsite with maximizing time together in person to meet associate and business needs. Currently, most hybrid roles require associates to work onsite all business days of one assigned week per four-week period (beginning in September 2024, the requirement will be two full assigned weeks). 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, <div class="anchor-hijack" style="display: inline"><a href="u0022https://go.fidelity.com/h1vqtcu0022">detailed in this document</a></div>, 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 <div class="anchor-hijack" style="display: inline"><a href="u0022https://jobs.fidelity.com/u0022">fidelitycareers.com</a></div>. 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 <div class="anchor-hijack" style="display: inline"><a href="u0022mailto:accommodations@fmr.comu0022">accommodations@fmr.com</a></div>, or by calling <div class="phone-hijack" style="display: inline">800-835-5099</div>, prompt 2, option 3.

Job Description: Position Description: Develops portfolio analytics graphics for an enhanced user experience using Barra, Axioma, and Fact Set. Tests multi-asset class fund alpha models. Expands investment methodologies across multiple account types and tax registrations into a unified investment framework. Back-tests strategies and conducts after tax risk analyses to determine optimal investment approaches. Partners with investment teams to deliver risk-adjusted performance for a wide range of investment solutions. Develops trading strategies by highlighting areas of improvements based on key measures and statistical tests. Primary Responsibilities: <ul><li>Analyzes financial information to forecast business, industry, or economic conditions. </li><li>Prepares plans for action for investment, using financial analyses. </li><li>Interprets data on price, yield, stability, future investment-risk trends, economic influences, and factors affecting investment programs. </li><li>Evaluates and compares the relative quality of securities in a given industry. </li><li>Conducts quantitative analyses of information affecting investment programs of public or private institutions. </li><li>Partners with quantitative researchers and analytics groups on project work. </li></ul> Education and Experience: Master s degree (or foreign education equivalent) in Quantitative and Computational Finance, Mathematics, Finance, Computational Finance, Statistics, Economics, or a closely related field and no experience. Skills and Knowledge: Candidate must also possess: <ul><li>Demonstrated Expertise (u201CDEu201D) performing systematic tax-smart multi-account portfolio construction and optimization for retail and workplace (401(K) managed accounts, using Java, R,</li><li>SQL, and Axioma; developing multi-period back test frameworks that incorporates lot-level tax management, simulated returns, and multi-factor risk models, using R and SQL; developingu00A0 quantitative methods to locate tax-efficient instruments in accounts of varying tax registrations, using R and Axioma; and visualizing analysis results to help inform business decisions in a managed accounts domain, using Spotfire and Tableau.</li><li>DE designing prototype tools that aid in writing trade rationales based on underlying model changes, using R and SQL; analyzing historical back test results to test foreign equity alpha signals obtained from running multivariable regressions, using R and CPLEX; deploying multiple Autosys jobs to Amazon Web Services (AWS) based Cloud computing environments to automate daily semi-production and research processes, using Jenkins pipelines.</li><li>DE migrating code base to utilize version control using Git and Bitbucket; building database schemas for storing large amounts of data and improving the efficiency of downstream analysis, using SQL and R; performing large-scale testing and analytics generation, using UNIX, Amazon AWS EC2 instances, and parallel computing techniques; and analyzing and translating</li><li>production-level Java code to R.</li><li>DE performing as a key member of a managed accounts investment R&D team partnering with enterprise technology teams in the development and implementation of new capabilities based on novel investment methodologies and multi-portfolio optimization requirements; extracting, verifying, and summarizing results provided in AWS, Kafka, and Snowflake based software and improving after-tax return and asset location calculations; validating production data for pre trading account reconciliation using R and SQL; and diagnosing and troubleshooting optimization workspaces using Postman and Axioma.</li></ul>[Expertise may be gained during graduate degree program] #PE1M2 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 <div class="anchor-hijack" style="display: inline"><a href="u0022https://www.glassdoor.com/Award/Best-Places-to-Work-LST_KQ0,19.htmu0022">Glassdoor Employees Choice Award</a></div>, 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 Fidelityu2014we offer a range of opportunities for learning so you can build the career you ve always imagined. <div class="anchor-hijack" style="display: inline"><a href="u0022https://jobs.fidelity.com/locations/#dwu0022">Fidelity's working model</a></div> blends the best of working offsite with maximizing time together in person to meet associate and business needs. Currently, most hybrid roles require associates to work onsite all business days of one assigned week per four-week period (beginning in September 2024, the requirement will be two full assigned weeks). 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, <div class="anchor-hijack" style="display: inline"><a href="u0022https://go.fidelity.com/h1vqtcu0022">detailed in this document</a></div>, 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 <div class="anchor-hijack" style="display: inline"><a href="u0022https://jobs.fidelity.com/u0022">fidelitycareers.com</a></div>. 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 <div class="anchor-hijack" style="display: inline"><a href="u0022mailto:accommodations@fmr.comu0022">accommodations@fmr.com</a></div>, or by calling <div class="phone-hijack" style="display: inline">800-835-5099</div>, prompt 2, option 3.

<h3>Job Description</h3><div>Job Description<div><div><div><div><div><div><div><div><div></div></div></div></div></div></div></div></div><div>Resolute Management, Inc. is a Third-Party Administrator hired by clients to handle complex environmental, asbestos, and other latent, long-term liability insurance claims. We are proud to be an affiliate of the Berkshire Hathaway group of insurance companies and we believe our structure allows our employees to experience the benefits of a large company with a friendly, small company atmosphere. Our headquarters are in downtown Boston, MA, and we have additional offices located in Chicago, Philadelphia, and Stamford, CT.<hr /> DESCRIPTION: The Quantitative Analyst works on a team of professionals with risk modeling expertise in environmental insurance claims focusing on scrubbing and synthesizing data, developing models to simulate complex claim outcomes, performing quality assurance of models, and presenting results to management for use in strategy and decision making. As a member of the team, this role will work with stakeholders in the Claims and Legal departments to understand needs, requirements and expectations. This is a highly independent position which will require strong analytical, problem solving, communication and documentation skills. RESPONSIBILITIES:<ul><li>Build and calibrate models that forecast impact of environmental claims (hazardous waste and asbestos) to various client companies through analysis of financial and legal issues. </li><li>Participate in annual reserving initiatives from data collection to model design and execution.</li><li>Provide quantitative support to other departments to address specific business questions, solutions or plans.</li><li>Generate ad hoc reporting for management and clients. </li></ul>PERFORMANCE REQUIREMENTS:<ul><li>Find creative solutions to problems when limited information is available.</li><li>Capable of managing an assigned project with a wide degree of independence.</li><li>Attentive to detail.</li><li>Organizational and prioritizing skills.</li><li>Ability to produce work in a short amount of time, if necessary.</li><li>Demonstrated ability to quickly learn how to adopt and utilize new systems and procedures </li></ul>EDUCATION AND EXPERIENCE<ul><li>Bachelor of Science in a quantitative field (Mathematics, Statistics, Economics, Finance, Accounting).</li><li>5-8 years experience in data analysis (statistical or financial), preferably in the insurance industry.</li><li>Understanding of mathematical modeling and forecasting methods and how to apply them to complex scenarios incorporating multiple variables and constraints.</li><li>Ability to solve qualitative problems quantitatively and present or explain solutions to an audience with a limited math or computing background.</li><li>Advanced user of Excel with experience writing lengthy formulas, manipulating large sets of data and summarizing results.</li><li>Must have experience working with data sets, enjoy spreadsheets and have an affinity for systems</li></ul> Job Type: Full-time</div></div></div>

Quantitative Analyst Jobs in Boston, MA

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Quantitative Analyst
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Quantitative Analyst Jobs in Boston, MA

Quantitative AnalystApril 10, 2024

Senior Quantitative AnalystApril 8, 2024

Quantitative AnalystApril 8, 2024

Quantitative Analyst Staff Sr Staff Power MarketsApril 3, 2024

Quantitative AnalystMarch 26, 2024

Quantitative AnalystMarch 23, 2024