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Internship Quantitative Risk Modeler Jobs in Massachusetts

The Advantage Quantitative Equity team is hiring a Quantitative Data Analyst to take ownership of ... These datasets are the direct inputs to factor models, risk models, alpha signals, backtests, and ...

Quantitative Data Analyst

Boston, MA · On-site

$90K - $150K/yr

The Advantage Quantitative Equity team is hiring a Quantitative Data Analyst to take ownership of ... These datasets are the direct inputs to factor models, risk models, alpha signals, backtests, and ...

Investment Risk Analyst

Boston, MA · On-site

$75K - $90K/yr

... modeling and anomaly detection * Stay current on emerging AI/ML techniques relevant to investment risk management You Have: * Education & Experience * Bachelor's degree required in a quantitative ...

AM Quantitative Analyst I

Boston, MA · On-site

$135K - $175K/yr

... risk trends, economic influences, and other factors affecting investment programs. * Builds models ... Explains complex quantitative concepts to non-technical personnel. Education and Experience

Investment Risk Analyst

Boston, MA · On-site

$75K - $90K/yr

... modeling and anomaly detection * Stay current on emerging AI/ML techniques relevant to investment risk management You Have: * Education & Experience * Bachelor's degree required in a quantitative ...

Market Risk

Boston, MA · On-site +1

$82K - $180K/yr

... quantitative mindset and ability to take model ownership and improve on existing risk models like VaR, sensitivities, or back testing; demonstrated strong systems skills and strong ability to develop ...

Market Risk

Boston, MA · On-site

$82K - $180K/yr

... quantitative mindset and ability to take model ownership and improve on existing risk models like VaR, sensitivities, or back testing; demonstrated strong systems skills and strong ability to develop ...

Showing results 41-60

Internship Quantitative Risk Modeler information

What is the difference between Internship Quantitative Risk Modeler vs Quantitative Risk Analyst?

AspectInternship Quantitative Risk ModelerQuantitative Risk Analyst
CredentialsTypically pursuing or recent graduate in finance, mathematics, or related fieldsOften requires a degree in finance, economics, or quantitative disciplines; certifications like FRM or CFA are common
Work EnvironmentInternship setting, learning-focused, supervised by senior staffFull-time professional role, responsible for risk assessment and modeling
Employer & Industry UsageUsed in banks, asset management firms, and financial institutions for training and entry-level rolesCommon in financial services, banking, and investment firms for ongoing risk management

The Internship Quantitative Risk Modeler is an entry-level, learning-focused role typically held by students or recent graduates, whereas the Quantitative Risk Analyst is a full-time professional responsible for analyzing and managing risk using quantitative models. The internship provides foundational experience, while the analyst role involves ongoing risk assessment and decision-making.

What are the most commonly searched types of Quantitative Risk Modeler jobs in Massachusetts? The most popular types of Quantitative Risk Modeler jobs in Massachusetts are:
What job categories do people searching Internship Quantitative Risk Modeler jobs in Massachusetts look for? The top searched job categories for Internship Quantitative Risk Modeler jobs in Massachusetts are:

Quantitative Analyst, Multi-Asset Systematic Strategies

Fidelity Investments

Boston, MA • On-site

$150K - $250K/yr

Full-time

Medical, Retirement, PTO

Posted 14 days ago


Fidelity Investments rating

8.7

Company rating: 8.7 out of 10

Based on 270 frontline employees who took The Breakroom Quiz

15th of 150 rated financial services


Job description


Note: Fidelity will not provide immigration sponsorship for this position.
The Group
Quantitative Research and Investing (QRI) is an investments and research division within Asset Management at Fidelity. QRI is responsible for managing and developing quantitative and hybrid quant/fundamental investment strategies and solutions while also providing high quality quantitative, data-driven research to Fidelity's investment professionals, ensuring they have access to the most relevant data and advanced quantitative analysis.
The Team
The Multi-Asset Systematic Strategies (MASS) team is responsible for developing and managing a range of multi-asset systematic and rules-based alternative strategies, including derivatives overlay funds, managed futures/trend following, systematic global macro, alternative risk premia, and multi-strategy funds. We also provide customized derivatives-based hedging solutions tailored to client needs.
The Role
Reporting to the Managing Director of Research, the Quantitative Analyst will be a core member of the MASS team. You will develop and enhance alpha signals, portfolio construction methodologies, risk analytics, and research infrastructure. You'll collaborate with technology teams on enterprise systems, and with analysts and portfolio managers on data exploration, modeling, and strategy development across systematic multi-asset strategies. This is a hands-on role within a nimble, high-impact research group.
Primary Responsibilities
  • Model Design: Develop and refine proprietary investment models across asset classes, including quant global macro, managed futures, alternative risk premia, tail risk hedging, and multi-strategy approaches.
  • Modeling & Simulation Platform: Build a research framework with rigorous backtesting, validation, and robust model integrity.
  • Research Agenda: Lead high-impact research initiatives across systematic strategies.
  • Cross-Functional Collaboration: Work closely with trading, risk, and technology teams to support effective model implementation.
  • Team Leadership: Mentor quantitative researchers and foster a culture of innovation and analytical rigor.
  • Client & External Engagement: Participate in client diligence meetings and contribute to conferences and thought leadership.
  • Innovation: Stay current with advancements in quantitative finance and integrate emerging techniques into strategies.

The Expertise and Skills You Bring
  • Bachelor's degree
  • 10+ years of quantitative research experience in asset management or hedge funds
  • Deep understanding of financial markets, especially alternative risk premia
  • Experience designing multi-asset systematic strategies
  • Proven record of developing and deploying successful investment strategies
  • Trading/execution experience is a plus
  • Programming proficiency is a plus

Preferred Qualifications
  • PhD or advanced degree in a quantitative field (finance/economics, statistics, applied math, physics, CS, engineering, etc.)
  • Buy-side experience in systematic multi-asset research
  • Experience developing alpha signals, risk models, and systematic strategies
  • Ability to work efficiently with large structured/unstructured datasets
  • Experience leveraging LLMs/GenAI in research workflows
  • Strong background in quantitative investing
  • Passion for markets and investing
  • Ability to write and deploy production-quality code
  • Experience modeling and trading derivatives across equities, fixed income, FX, and commodities

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.
The base salary range for this position is $150,000 - $250,000 per year.
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.
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Category:
Investment Professionals

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