Quantitative Research Intern- Equity Quantitative Research Team

Fidelity Investments

Posted 5 days ago

Internship

Boston, Massachusetts

In Person

Smart Summary

Responsibilities

The intern will research and develop quantitative factors and models to support equity portfolio managers in alpha generation and risk management. They will also analyze novel data sources and present investment research findings to the team.

Qualifications

You are expected to graduate in 2028 with a Master's or PhD in a quantitative field or an MBA with a strong quantitative background. You possess demonstrated strength in mathematics, statistics, and programming, along with a passion for investing and financial markets, and working knowledge of languages like Python, R, SAS, SQL, and C++.

Must Have Skills for ATS

Python

R

SAS

SQL

C++

quantitative finance

financial mathematics

computer science

engineering

physical science

MBA

statistics

programming

investing

financial markets

Job Description

Fidelity will not provide immigration sponsorship for this position.

Job Description:

Note: Fidelity will not provide immigration sponsorship for this position.


The Role 

The Quantitative Equity Research Analyst Intern will join the Equity Quantitative team and collaborate with investment professionals to deliver alpha generation, portfolio construction, and risk management analytics to fundamental equity portfolio managers.


Responsibilities include researching and developing quantitative factors and models, analyzing structured and novel data sources to generate alpha, and investigating techniques to enhance portfolio construction and optimization. The intern will publish investment research and present findings to the team and portfolio managers.

The Expertise and Skills You Bring 

We are seeking individuals who have the following characteristics:  

  • Expected graduation date of 2028 with a Master's or PhD in Quantitative Finance, Financial Mathematics, Computer Science, Engineering, or a Physical Science; or an MBA with a prior undergraduate degree in one of these disciplines
  • Demonstrated strength in mathematics, statistics, and programming, along with a passion for investing and financial markets
  • Working knowledge of statistical software and programming languages, such as Python, R, SAS, SQL, and C++
  • Strong presentation and communication skills 

The Team 

Quantitative Research and Investing (QRI) is an investments 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 Program 

As 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 Dates 

June 7th, 2027- August 13th, 2027 

Application Deadline 

Please note, Fidelity reserves the right to close this application at any point 

The 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

Fidelity Investments

Fidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses we serve. Fidelity’s strength comes from the scale of our diversified, market-leading financial services businesses that serve individuals, families, employers, wealth management firms, and institutions. With assets under administration of $15.0 trillion, including discretionary assets of $5.9 trillion as of March 31, 2025, we focus on meeting the unique needs of a broad and growing customer base. Privately held for 78 years, Fidelity employs more than 77,000 associates across the United States, Ireland, and India. For our Terms and Conditions, please visit http://go.fidelity.com/LIterms
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