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Quantitative Research and Investments (QRI) is seeking a data expert in the domain of portfolio risk analytics to lead a Risk Platform Operations team responsible for ensuring that all vendor and internal portfolio risk analytics used for risk management and portfolio construction across Fidelity are delivered consistently, accurately and on a timely basis. The Risk Platform Operations team are the stewards of risk analytics data for Fidelity Asset Management. They focus on quality control of all data that feeds into portfolio risk analytics, including security factor exposures and proxies, factor returns and covariance matrices, fundamentals data, security T&Cs, and portfolio holdings.
Job Responsibility:
Lead a Risk Platform Operations team responsible for ensuring that all vendor and internal portfolio risk analytics used for risk management and portfolio construction across Fidelity are delivered consistently, accurately and on a timely basis
Provide data expertise to portfolio and risk managers who use portfolio risk models and engineering teams which build production processes around them
Mentor more junior members of the team, helping them gain the domain expertise necessary to root-cause daily issues effectively, work with internal and external data providers to resolve issues at source, answer investor questions, and develop automated systems for identifying data quality issues
Requirements:
Proven experience with market risk models from leading vendors such as Barra, Axioma, Northfield, and Bloomberg
Strong analytical capabilities with a demonstrated ability to comprehend large datasets and implement effective data quality controls
Proactive and self-motivated approach, with the ability to work independently while providing oversight and mentorship to junior team members
Deep understanding of financial data including security, company, portfolio, and index-level information, as well as pricing across equities, bonds, and derivatives
Proficiency in SQL, Python, Snowflake, and/or Oracle, with hands-on experience in data quality frameworks and automation tools
Bachelor’s degree or higher in a quantitative discipline such as mathematics, statistics, engineering, computer science, or finance
5+ years of experience in global data operations or support roles within the financial industry, with a track record of delivering high-quality data solutions
Expertise in anomaly detection methods, statistical tools, and best practices for managing data quality workflows
Excellent communication skills, with experience collaborating across technical, investment, and senior leadership teams
Demonstrated leadership in team environments, including mentoring junior associates and driving process improvements
Experience working in complex data environments, with the technical and analytical infrastructure required to support them
Ability to identify and resolve root-cause data quality issues, collaborating with internal teams and external data providers to correct issues at the source
Skilled in developing automated processes to detect and resolve data errors, ensuring high-quality data for investment decision-making
Experience in documenting key procedures and calculations and validating data for accuracy and completeness
Domain expertise in investment management, with knowledge spanning risk management, portfolio management, trading, and investment operations