Product Lead, Quantitative Risk Platform

Fidelity • Jersey City, NJ

5d • Hybrid

About The Position

You will lead the development and customer success effort of the Multi-Asset Risk System (MARS), a next-generation risk platform supporting risk management within the Quantitative Research & Investments (QRI) division at Fidelity. With your partner technology team, you will be responsible for delivering a leading platform technology to support all quantitative risk management within QRI as well as other partner organizations in Fidelity. You will partner closely with CIOs and quantitative researchers to design this system to meet their functional risk management and workflow needs, and to ensure it scales to meet the business’s expectations. You will also work closely and in detail with your partner technology team to develop it. The MARS platform will support all advisor teams, asset classes, and strategies within QRI, including Multi-Asset, Fixed Income, and Equity Fundamental and Systematic Strategies. You will lead the effort to deliver the foundational platform for multi-asset risk management in QRI, including: Working with quant developers to design data pipelines to deliver enriched risk, pricing, and securities reference data to the platform reliably and scalably. Directing risk quants in building calculators to support ex-ante risk, VaR, attribution, stress testing and scenario analysis. Engaging UX designers and technologists to design and deliver interactive workflows supporting risk oversight, portfolio construction and customized reporting capabilities. Partnering with architects, technologists, and quants to design APIs, data flows, and calculations to support interactive risk tools, even at a scale where calculations cannot be run by a single node. Partnering with CIOs and research teams to develop roadmaps, feature specifications, workflows, and to determine committed adoption timelines and integration processes. Determining strategies for migrating clients from legacy risk platforms and vendor-supplied tools, sequencing feature delivery to enhance value. Working with project management partners to ensure objectives are met and status is communicated transparently to clients and senior leaders. Collaborating with partner operations teams to stand up and monitor data quality processes, support teams, and other services related to the platform. Partnering closely with the Head of the Portfolio Analytics Group to shape the vision of the MARS platform, determine strategic priorities, and translate the vision into resourcing and workstream plans. Creating an enterprise-grade solution, with excellent documentation, user interface, robustness, scalability, and a support model which serves production use cases.

Requirements

• Deep knowledge of the risk domain, notably delivered interactively, and the underlying technologies, architectures, mathematics, and data required to deliver it.
• Experience using modern risk systems in an investment professional role, or delivering major portions of such systems to investment professionals at a leading firm.
• Track record of partnership, both with technology teams and investment professionals.
• Ability to lead at scale through indirect rather than direct authority; ability to influence thinking of both clients and engineers to gain alignment in complex, domain-specific undertakings.
• Highly analytical with the ability to quickly comprehend complex data, technical, and risk challenges, to ask the right questions and to guide teams.
• Experience delivering large, complex projects on time and at quality, in partnership with teams outside your direct control and with excellent transparency to partners.
• Track record with technical planning processes from Jira to project plans.
• Ability to enlist senior clients and leadership in balancing different needs and delivering a complex vision over time.
• Excellent written and verbal communication skills.
• Ability to communicate effectively with technologists, quant researchers, and senior leadership.
• Ability to set a vision and align an organization behind it.
• Graduate degree equivalent experience in risk management or related field.
• 10+ years of work experience in asset management firms or hedge funds, focused on risk management, infrastructure technology, and data delivery across asset classes.
• Experience leading teams of engineers to deliver complex projects at quality and meeting the meticulous standards required for risk management.
• Further experience as an individual contributor in related roles, with demonstrated capabilities to mentor others from your experience.
• Expert knowledge of a wide array of risk management practices, vendor or proprietary solutions, and mathematical techniques for risk management.
• Track record of understanding the strengths and limitations of engineering approaches and guiding engineering teams to more efficient solutions.
• Experience partnering with technical and non-technical clients and leaders to gain alignment around right-sized solutions spanning teams.
• Experience supporting senior leadership in understanding a vision and aligning resources behind long-term and multi-phase projects.

Responsibilities

• Working with quant developers to design data pipelines to deliver enriched risk, pricing, and securities reference data to the platform reliably and scalably.
• Directing risk quants in building calculators to support ex-ante risk, VaR, attribution, stress testing and scenario analysis.
• Engaging UX designers and technologists to design and deliver interactive workflows supporting risk oversight, portfolio construction and customized reporting capabilities.
• Partnering with architects, technologists, and quants to design APIs, data flows, and calculations to support interactive risk tools, even at a scale where calculations cannot be run by a single node.
• Partnering with CIOs and research teams to develop roadmaps, feature specifications, workflows, and to determine committed adoption timelines and integration processes.
• Determining strategies for migrating clients from legacy risk platforms and vendor-supplied tools, sequencing feature delivery to enhance value.
• Working with project management partners to ensure objectives are met and status is communicated transparently to clients and senior leaders.
• Collaborating with partner operations teams to stand up and monitor data quality processes, support teams, and other services related to the platform.
• Partnering closely with the Head of the Portfolio Analytics Group to shape the vision of the MARS platform, determine strategic priorities, and translate the vision into resourcing and workstream plans.
• Creating an enterprise-grade solution, with excellent documentation, user interface, robustness, scalability, and a support model which serves production use cases.

Benefits

• comprehensive health care coverage and emotional well-being support
• market-leading retirement
• generous paid time off and parental leave
• charitable giving employee match program
• educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level