Quantitative Research Intern- Systematic Equity Strategies Team

Job Description:

The Department

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 Team

The Systematic Equity Strategies (SES) group - a part of Fidelity's QRI Division is responsible for the research, design, development, and implementation of systematic active and tax-managed equity strategies. Assets under management is approximately $30B and spans multiple equity products and customized separately managed accounts serving both intermediary and institutional investors. Since our inception in 2001, we have used a combination of theory, data and technology to better understand financial markets and develop innovative investment solutions for our clients.

Education and Experience

• Currently enrolled in a master's or PhD Program. It is preferred that PhD candidates have completed at least three years of their program prior to joining.
• Field(s) of study must be in a technical area (STEM) and/or Finance/Economics with a strong programming background.
• Demonstrated experience/interest/skill in quantitative research and data science analysis.
• Academic or intellectual interest in financial markets.
• Excellent communication, presentation, and writing skills, as well as the ability to clearly articulate findings.

Systematic Equity Strategies Internship

As an intern with the Systematic Equity Strategies (SES) team, you will work on a 10-week research project that may directly influence how SES invests. Your responsibilities will include:

• Develop hypotheses and theoretical models to explain investor behavior and market dynamics
• Collect and analyze data needed to test these models
• Test theory against data, refining hypotheses and models in the process
• Distill the evidence and theory into new insights about how financial markets work

Throughout the internship, you'll collaborate closely with a highly engaged and intellectually rigorous research team. You'll receive guidance and feedback, participate in research meetings, and contribute your own ideas to ongoing discussions.

Location:

Boston, MA

Intern Program Dates:

June 1st, 2026 - August 7th, 2026 (* Candidates must be available for the full duration of the program.*)

The base salary range for this position is $50 - $77 per hour.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.

Note, the application window closes when the position is filled or unposted.

Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles. Some roles may have unique onsite requirements. Please consult with your recruiter for the specific expectations for this position.

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.

Certifications:

Category:

Investment Professionals