Fixed Income Quantitative Research Internship

Job Description:

Fixed Income Quantitative Research Internship

The Team

Fidelity’s fixed income division is one of the country’s leading fixed income managers, with over $1.2 trillion in fixed income assets managed by a staff of roughly 200 investment professionals. Our fixed income division makes its headquarters in Merrimack, New Hampshire, though more than 20 of our division members are located in Fidelity’s London office. We combine fundamental research on domestic and international debt issuers with macroeconomic and quantitative analysis to support investment decisions aimed at maximizing risk-adjusted total return for our clients.

The Role

Fidelity is seeking to hire a Quantitative Analyst Intern to join its Quantitative Research and Investments division. This position will be located in Fidelity’s office in Merrimack, New Hampshire. The analyst intern will work with traders and portfolio managers on the money market team to develop quantitative techniques, models, and tools to support and strengthen the investment process.

This is a rare opportunity to work with high caliber investment professionals in one of the premier fixed income investment management divisions in the world. As an ideal candidate, you will have demonstrated consistent success in your academic experience. You will have very strong analytical and communication skills and exhibit the highest level of personal and professional integrity. You’ll be able to think creatively, work independently, and make decisions quickly, often with limited information. Your ability to consistently develop, clearly articulate, and effectively communicate investment recommendations supported by a comprehensive and thoughtful research process is critical to success in investment management at Fidelity.

Location:

Merrimack, NH

Intern Program Dates

June 2nd, 2025 through August 8th, 2025

The Value You Deliver

• Understand, maintain, and improve analytic infrastructure related to the investment process

• Collaborate closely with other investment and technology professionals within the division

• Explain complex quantitative concepts to non-technical people

• Take initiative and demonstrate leadership skills to advance the investment process

The Expertise and Skills You Bring

These attributes are indispensable:

• Familiarity with fixed income analytics

• Pursuing a technical degree (graduate or PhD) in fields such as mathematics, statistics, physics, computer science, economics, or finance

• Intermediate skill in one programming language

• Deep intellectual curiosity and creative approach to problem solving

• Strong analytic and quantitative skills

• Rigorous and structured thought process

• Collaborates effectively with team members

• Desire to pursue a career in investment management

• Ability to communicate complex ideas effectively

These attributes are strongly preferred:

• Good working knowledge Python (or other modeling language) and relational databases

• Interest and passion for investing and the financial markets

• Familiarity with fixed income trading workflows, data, pricing and market engagement models

• Expertise and knowledge of MSRB and TRACE data

Certifications:

Category:

Investment Professionals

Fidelity’s working model blends the best of working offsite with maximizing time together in person to meet associate and business needs. Currently, most hybrid roles require associates to work onsite all business days of one assigned week per four-week period (beginning in September 2024, the requirement will be two full assigned weeks).