Principal Data Science
Job Description:
Note: Fidelity will not provide immigration sponsorship for this position.
The Role
AltIQ is seeking a Principal Data Scientist to help transform alternative investment data into relevant insights and intelligence. This role will focus on analyzing structured and unstructured investment data, developing quantitative models, identifying relevant patterns, and creating analytical frameworks that help investors better understand funds, managers, and investment opportunities. You will work across a wide range of datasets, including private placement memoranda (PPMs), prospectuses, performance reports, manager disclosures, and other investment-related materials.
Interacting directly with Data Engineering, Applied AI, Product, and Business teams, you will help create proprietary insights and analytics that power key capabilities across the AltIQ platform. These capabilities may include benchmarking, fund comparisons, manager scoring, market intelligence, performance analysis, risk analysis and investment research tools.
This is a hands-on role for someone who enjoys solving complex analytical problems, working with messy real-world data, and turning information into actionable intelligence.
The Expertise You Have
- Analyze large volumes of structured and unstructured investment data to identify trends, patterns, and actionable insights.
- Develop analytical models, scoring methodologies, and benchmarking frameworks for alternative investments.
- Create quantitative analyses to support fund comparisons, manager evaluation, and investment research.
- Design and maintain data models and metrics that support reporting and product capabilities.
- Partner with Data Engineers to ensure data quality, consistency, and accessibility.
- Build statistical and predictive models to support business and product objectives.
- Develop dashboards, reports, and visualizations that communicate insights effectively to users and partners.
- Conduct exploratory analysis to uncover opportunities for new products, features, and investment intelligence.
- Collaborate with Product and Business teams to translate user needs into analytical solutions.
- Present findings and recommendations to partners in a clear and understandable manner.
- Mentor junior team members and contribute to analytical guidelines.
- Bachelors or equivalent with 12+ years of experience or Masters with 10+ years of experience in Data Science, Statistics, Mathematics, Economics, Finance, Computer Science, Engineering, or a related field.
The Team
We are Fidelity Labs, Fidelity Investments’ in-house FinTech incubator with a mission to build new businesses to drive growth for Fidelity. We seek to shape the future of our industry by building new products and services to improve the lives of the diverse set of customers, businesses and financial institutions we serve.
Fidelity Labs is a dynamic workplace that combines the best parts of startup life—building from scratch, adapting quickly, and moon-shot ambition—with the scale and stability of an industry leader. We provide a safe space for startup teams to explore new business ideas, quickly test them with customers, and scale the most promising concepts within an existing business unit, or as a new venture.
This opportunity is brought to you by Fidelity Labs. Learn more at labs.fidelity.com.
Fidelity’s 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, 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.
