Machine Learning Engineer

Company: Fidelity Investments
Location: Durham
Posted on: September 19, 2023

Job Description:

Job Description:The Value You Deliver
As an Analyst within Fidelity Risk Group s Quantitative Risk Analysis team, you will be working in a team-based, fast-paced environment. This role will expose you to the various facets of the financial services industry with a concentration in quantitative model validation and financial modeling, and develop your brand as a leader, mentor, and strategic thinker across Fidelity.
The Team
The Quantitative Risk Analyst will work on a cross-functional team responsible for evaluating market, financial, and operational risks; validating quantitative models; assessing private and complex asset valuations; evaluating the effectiveness of risk management models and tools; communicating issues and findings to management; and devising solutions for continual business improvements. Key areas of focus include quantitative modeling, valuation and pricing, trade cost analysis, investment products, financial market events, and credit risk.
The Expertise We re Looking For

• MS in Finance, Mathematical Finance, or related field of study
• 2-4 years of relevant work experience
• Strong problem solving, quantitative, and analytical abilities
• Demonstrated leadership abilities and idea generation
• Ability to prioritize multiple tasks and manage workload
• Strong proficiency with Bloomberg, Excel, and/or statistical software (e.g., R, Python, MATLAB, SQL)
• Progress towards CFA or similar industry certification preferred
• Strong written and verbal communication skills\u00A0The Purpose of Your Role
  • Perform model validation across firm-wide business groups, including an assessment of model inputs, outputs, and assumptions, including documentation and governance
  • Assess exposure to financial risks, including counterparty, interest rate, and foreign exchange risks
  • Perform quantitative and qualitative analysis to evaluate portfolio risks, price complex securities, and analyze strategic allocations
  • Prepare presentations and written assessments to communicate observations and proposed improvements for business leaders and executives
  • Provide viable solutions to identified issues and collaborate with business leaders to implement them
  • Build deep working relationships with clients throughout Fidelity
  • Coordinate model governance and risk assessment efforts across business units
  • Mentor and develop skills of Associate colleagues\u00A0What will you receive from us?
    • Ongoing training and personal development time to prepare you for long-term career growth and success
    • Ongoing coaching and feedback from your direct manager, including career development guidance
    • Access to cutting edge tools and technology
    • Opportunity to work in a team environment, with a culture of collaboration, partnership and sharing of ideas
    • Access to a variety of employee resource groups and volunteer opportunities within the local community
    • Networking opportunities with Fidelity leaders and colleagues across the organization and region
    • An array of competitive employee benefits, including tuition reimbursement and student loan assistance for eligible employees. To learn more about our employee benefits please visit: \u00A0Please see below for the salary range for work locations in Colorado only:N/A
      
      Please see below for the salary range for work locations in New York City, Westchester County, NY and Jersey City, NJ only:N/A
      
      Please see below for the salary range for work locations in California only:N/A
      
      Please see below for the salary range for work locations in Washington only:N/A
      
      Certifications:Company OverviewFidelity 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 UsAt 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--, we have been recognized by our employees as a Best Place to Work in 2023. And you don't need a finance background to succeed at Fidelity-we 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\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.We invite you to--Find Your Fidelity--at--.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--, or by calling 800-835-5099, prompt 2, option 3.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 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.

Keywords: Fidelity Investments, Durham , Machine Learning Engineer, Engineering , Durham, North Carolina