Technical Product Manager

Job Description:

The Group

Quantitative Research and Investing (QRI) is an investments and research division within Asset Management at Fidelity. We are responsible for the management and development of quantitative and hybrid quant/fundamental investment strategies and solutions while providing high quality quantitative, data-driven support to Fidelity’s investment professionals, ensuring they have access to the most relevant data and advanced quantitative analysis.

The Role

We are seeking a highly motivated and experienced Technical Product Manager to lead the development of a cutting-edge quantitative portfolio risk platform from the ground up. This is a unique opportunity to build a greenfield system that will be instrumental in our firm's risk management and investment decision-making processes. As the Product Manager, you will be the driving force behind the platform's vision, strategy, and execution, working closely with a team of dedicated engineers, quant developers, and risk management professionals.

The Value You Deliver

• Design the specifications and code for core risk capabilities of Fidelity’s risk management platform
• Provide technical leadership in building scalable, high-performance systems that handle large volumes of data, ensuring the systems can support sophisticated risk models at scale.
• Contribute to the design of architecture and development of robust, scalable systems for investment risk and portfolio analytics, with a focus on multi-asset class risk modeling, performance attribution, and optimization
• Work with technologists to deploy new risk analytics into Fidelity’s production environment
• Collaborate with investment professionals across Fidelity Asset Management to ensure that risk platform enhancements satisfy end user business requirements

Education and Experience

• Degree in Computer Science, Engineering, Finance, or a similarly quantitative field
• 5+ years of experience in product management, ideally within the financial services industry.
• 10+ years of experience within risk model development, software development, and quantitative development with a strong focus on investment risk systems in buy-side asset management firms.
• Prior work experience in financial modeling (e.g., risk models, analytics) and model deployment to production environment is strongly desired.

The Skills You Bring:

• Proven track record of successfully building and launching complex analytics platforms, preferably in the risk management domain.
• Deep understanding of quantitative risk models, including but not limited to VaR, stress testing, and scenario analysis.
• Excellent communication, interpersonal, and stakeholder management skills.
• Strong analytical and problem-solving abilities.
• Ability to thrive in a fast-paced, dynamic environment.

Preferred Qualifications:

• Advanced degree in a quantitative field.
• Experience with cloud computing platforms (e.g., AWS, Azure, GCP).
• Familiarity with agile development methodologies.

The base salary range for this position is $103,000-$218,000 per year.  

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s 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 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.

Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.

Certifications:

Category:Data Analytics and Insights