Intern, Data Science and Optimization

Job Description:

The Fidelity Enterprise Services Advanced Technology for Investment Management Team contributes to the vitality and growth of the organization by transforming breakthrough technologies into practical capabilities for Fidelity’s internal and external investment clients. The Team promotes companywide collaboration while delivering new Artificial Intelligence enabled portfolio level perspectives to investment managers and client service colleagues.

The Expertise We’re Looking For

• Graduate degrees in computer science, computational financial engineering or related fields
• 2+ years of academy course/project training on machine learning, optimization, data science and related fields
• Demonstrated success development of large-scale computing algorithms with Java, Scala, Python or R with GPUs and/or map-reduce framework on SPARK cluster
• Proven success building machine learning models to solve real-world problems
• Proficient in programming languages including Python and/or R, C/C++, Java/Scala

The Purpose of Your Role

Fidelity is looking for an energetic and innovative intern who brings hands-on data science capabilities in research and development of AI/ML methods as components in consolidating investment management technology solutions. It will be important for a candidate to be curious, creative, and agile in learning and applying investment concepts.

The Skills You Bring

• You have passion for the financial markets, products, and processes (including: Fixed Income Instruments/Analytics, Asset Pricing Models/Instruments and Multi-Factor Risk Models)
• You have professional knowledge with statistical models, predictive models and time series analysis (such as regression, classification, simulation, dimension reduction)
• You have solid mathematical background of solving common optimization problems (including: linear/nonlinear/integer programming)
• You have hands-on experience in developing and evaluating machine learning models on large scale datasets
• You have meticulous attention to detail and unquestioned integrity
• You are a fast learner and a good team player

The Value You Deliver

• Advancing the research and development of AI/ML methods as components in the delivery of innovative investment management technology solutions
• Designing and implementing portfolio risk and optimization techniques to deliver industry differentiated capabilities
• Effective partnering across Fidelity’s technology, AI Center of Excellence and investment teams

How Your Work Impacts the Organization

The Fidelity Enterprise Services Advanced Technology for Investment Management identifies projects to continually strengthen investment decision and portfolio construction insights and support personalized investment goals. The Team works within an innovation ecosystem that includes partners from investment, client relations, technology and centralized R&D units. Fidelity Enterprise Services Advanced Technology seeks cross-domain authorities with backgrounds that connect investment management, machine learning and technology implementation. We cultivate success through a rigorous, collaborative approach that builds, tests, and iterates as we learn and seek challenging processes and problems in investment management.