Team Lead Portfolio Risk Platform and Analytics

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

The Role

We are seeking aTeam Leadto serve as aplayer/coachfor this high-impact multi-functional this role you will be the operational and strategic anchor of the Portfolio Risk Platform. You will lead and mentor a lean highly specialized group of risk professionals helping them gain the domain expertise necessary to root-cause daily issues effectively answer investor questions and build automated systems for identifying analytical quality issues.

To maximize efficiency our firm utilizes a clear division of labor: aCentral Data Operationsteam acts as the Hub owning the daily validation quality control and day-over-day change monitoring of all platform inputs.

As the Spoke your team is responsible for inheriting these validated inputs to run the platform validate the resultingrisk outputs and security analytics and resolve complex structural or modeling anomalies. Concurrently you will act as a Product Owner managing relationships with Fidelitys investors and portfolio managers while driving analytics enhancements.

TheRisk Platformteam withinQuantitative Research and Investments (QRI)is the custodian of the accuracy timeliness and reliability of the portfolio risk analytics used daily for risk management and portfolio construction acrossFidelity Asset Management.

Our portfolio managers quantitative researchers and fundamental investment professionals rely on our platforms risk metrics for both risk management and portfolio construction. As the stewards of risk analytics data for QRI our mission is to ensure that all vendor and internal portfolio risk analytics are delivered consistently accurately and on a timely basis.

We sit at the center of a collaborative hub: we act asproduct ownerswho partner directly with investment teams to translate their complex analytical needs into structured platform requirements for our engineering teams while managing the platforms development roadmap and communicating updates back to the business. Concurrently we serve assubject matter experts (SMEs)in single security and portfolio risk this capacity we provide daily validation of risk outputs and security analytics while continuously evolving the system by onboarding new vendor models and expanding asset-class coverage. Ultimately our team is responsible for the operationalization scaling quality control and integrity of the entire production platform.

The Expertise and Skills You Bring

Portfolio Risk Validation & Specialty Analytics

• Risk Output Integrity:Oversee the daily quality control and validation of all calculated portfolio risk analytics. Ensure final risk outputssuch as VaR tracking error risk decomposition and stress-testing resultsare analytically sound.

• Security Analytics & Modeling QC:Act as the senior SME validating single-security analytics (e.g. option greeks fixed-income analytics and derivative pricing). Ensure that modeled behaviors align with market realities.

• SME Diagnostic & Issue Resolution:Lead the team in troubleshooting complex non-input risk anomalies. When outputs look incorrect diagnose whether the issue stems from systemic model behavior custom proxy logic or structural calculation errors and coordinate with internal and external providers to resolve them.

• Hub-and-Spoke Collaboration:Partner closely with theCentral Data Operationsteam. They own the daily validation and day-over-day monitoring of the inputs (holdings vendor model and reference data). Your team acts as the recipient of this clean data owning the validation of the analytic outputs and the downstream calculations.

Platform Integration & Coverage Evolution

• Onboard Vendor Models:Partner with leading risk vendors (e.g. MSCI/Barra MSCI/RiskMetrics Qontigo/Axioma Northfield Bloomberg) and engineering teams to seamlessly integrate validate and release new risk and factor models into production.

• Security Coverage & Proxy Engineering:Drive the evolution of our security coverage. Ensure that newly traded complex or illiquid asset classes are accurately modeled mapped and proxied for each risk model.

• User Acceptance Testing (UAT):Design and execute rigorous UAT frameworks and validation protocols for all risk platform releases ensuring updates do not disrupt daily front-office workflows.

Investor Relationship Management & Product Ownership

• Investor Engagement & Requirements Translation:Serve as the primary interface and product owner for Fidelitys investment teams. Partner directly with Portfolio Managers to translate their complex analytical needs into structured requirements for our engineering groups while prioritizing the platforms development backlog.

• Analytical Support & Communications:Ensure the team provides clear highly communicative support to answer complex risk pricing and model-related queries from the investment desks building trust in our platforms analytics.

Team Leadership & Player/Coach Mentorship

• Mentorship & Upskilling:Act as a player/coach responsible for individual deliverables while actively mentoring junior team members. Foster their growth in gaining the deep domain expertise required to analyze multi-asset portfolios and run risk operations.

• Resource Optimization Model:Manage your team using a structured allocation model. Divide your resources between daily operational support (focused on daily risk output validation SME support and client inquiries) and project sprints (focused on onboarding vendor models UAT and security coverage enhancements) to prevent daily operational issues from stalling platform progress.

• Bachelors degree or higher in a quantitative discipline such as mathematics statistics engineering computer science or finance. CFA FRM or PRM designations are highly desirable.

• 5 years of experience in quantitative support risk analytics or sophisticated data operations roles within the financial industry with a track record of delivering high-quality analytics.

• Proven experience with market risk models from leading vendors such as Barra Axioma Northfield and Bloomberg.

• Comprehensive understanding of financial data security analytics and pricing across equities bonds and derivatives.

• Strong analytical capabilities with a demonstrated ability to comprehend large datasets and implement effective quality controls.

• Proficiency in SQL Python Snowflake and/or Oracle with hands-on experience in data frameworks anomaly detection methods and automation workflows to systematically flag output errors.

• Demonstrated leadership in team environments including mentoring junior associates and driving process improvements.

• Outstanding communication skills with experience collaborating across technical investment and senior leadership teams to translate complex quantitative concepts into clear actions.

The Team

ThePortfolio Risk Platform & Analytics team is an integral part of theQuantitative Research and Investments (QRI)division in Asset Management. QRI is responsible for the management and development of quantitative investment strategies and solutions while providing high-quality quantitative data-driven support to Fidelitys fundamental investment professionals ensuring they have access to the most relevant data and advanced quantitative analysis.

Fidelitys Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently some roles and locations require 100% onsite presence while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

Placement in the range will vary based on job responsibilities and scope geographic location candidates relevant experience and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support market-leading retirement generous paid time off and parental leave charitable giving employee match program and educational assistance including student loan repayment tuition reimbursement and learning resources to develop your career. Note the application window closes when the position is filled or unposted.

Please be advised that Fidelitys 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.