Company: Fidelity Management & Research Company LLC Title: Quantitative Research Intern- Multi-Asset Research Team Location: Boston, MA, 200 Seaport Blvd, Boston MA Posted Date: Posted Today Employment Type: Full time Sidebar Info: At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer. 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 please contact the following: For roles based in the US: 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 For roles based in Ireland: Contact AccommodationsIreland@fmr.com For roles based in Germany: Contact Accommodationsgermany@fmr.com Fidelity Privacy Policy
Job Description: Job Description:Note: Fidelity will not provide immigration sponsorship for this position. The Role Fidelity Asset Management Solutions (FAMS) is a leading manager of multi-asset portfolios for retail and institutional clients, with more than 40 investment professionals and approximately $1 trillion in assets under management. The range of investment solutions includes target date funds, target allocation funds, income strategies, and outsourced CIO (OCIO) services for endowments, foundations, and corporate defined-benefit (DB) plans.The Multi-Asset Class (MAC) Quantitative Research Team within QRI provides research and analysis to FAMS 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 we deliver. Team members either work directly within a specific investment team as embedded analysts or support all investment teams as central analysts.In partnership with their manager, the intern will work across teams to identify business needs and lead a generative AI project through implementation. The intern will also analyze data to support ongoing research and translate findings into actionable recommendations. Key responsibilities of the intern include: Support research initiatives across risk modeling, alpha identification, asset allocation, and portfolio constructionPartner with stakeholders across Trading and Product to identify opportunities for AI-driven solutions and integrate AI models into existing processes The Expertise and Skills You Bring Undergraduate student pursuing a degree in a quantitative or STEM-related field, graduating in late 2027 or 2028Experience building and evaluating generative AI solutions, including large language models and AI agentsAbility to develop innovative ideas independently and collaborate effectively with diverse stakeholdersStrong professional presence and communication skills across all levels of an organizationPassion for financial markets and investingCommitment to disciplined investment processes and data-driven decision-makingStrategic thinking and a bias toward timely executionDemonstrated integrity, humility, and a team-oriented mindsetThe TeamQuantitative Research and Investing (QRI) is an investment and research division within Asset Management at Fidelity. QRI is responsible for managing and developing quantitative and hybrid quant/fundamental investment strategies and solutions while also providing high quality quantitative, data-driven research to Fidelity’s investment professionals, ensuring they have access to the most relevant data and advanced quantitative analysis.Fidelity’s Asset Management Internship ProgramAs a participant in Fidelity’s Asset Management internship program, you will gain hands-on training, receive mentorship from investment professionals, and contribute to meaningful projects and key deliverables. High-performing interns may be considered for a full-time opportunity upon graduation.Intern Program DatesJune 7th, 2027 - August 13th, 2027Application DeadlinePlease note, Fidelity reserves the right to close this application at any pointThe base salary range for this position is $30 - $42 per hour.Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.Note, the application window closes when the position is filled or unposted.Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.Certifications:Category:Investment Professionals
About Fidelity Investments
Fidelity Investments provides financial services to individuals, families, and businesses. The company manages assets including retirement accounts, brokerage services, and investment funds. Founded in 1946, the firm remains privately held. It operates from its headquarters in Boston and maintains a presence in the United States, Ireland, and India. The organization employs over 10,000 people and administers 15 trillion dollars in assets.
How to get in at Fidelity Investments
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