Job Description:
The Department
QRI is an investment 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 fundamental investment professionals, ensuring they have access to the most relevant data and advanced quantitative analysis.
QPRS Internship
This internship is hosted by the Quantitative Portfolio and Research Solutions (QPRS) team within QRI. We are responsible for the data, services, and technology which support quants in their research and power quantitative models that inform investment decisions.
Education and Qualifications
Pursuing a technical undergraduate degree in fields such as mathematics, statistics, physics, or computer science through summer 2026
Familiarity with programming in Python, R, or equivalent research languages
Strong interpersonal skills and an eagerness to work in a team environment
Demonstrated expertise in technical problem solving, in finance or scientific fields
Passion for investing and financial markets
The Role
Projects may include, but are not limited to, the following:
AI-Driven Data Validation, developing an AI-based tool to validate datasets for correctness, ensuring data integrity across a wide array of domains. This project provides background in financial data and exposure to emerging technologies.
Portfolio Optimization through designing and testing a heuristic for round-lot optimization, contributing to more efficient and scalable mathematical optimization of portfolios. This project gives exposure to advanced mathematical concepts used in modern portfolio management.
Research Framework Design by creating a decorator-based system in Python to support implicit lazy evaluation of imperatively written code. This project leverages engineering skill and provides insight into how quant research is undertaken at scale.
The Skills You Bring
Analytical ability to quickly comprehend domain-specific challenges to develop new processes, perform calculations, identify solutions, and to implement them
Exposure to technical toolsets such as SQL and Python, with substantial mastery in the tools required for your project
Experience contributing to complex projects as a part of small teams in a fast-paced environment
Capability to liaise with investment professionals to gather requirements and manage deliverables, either directly or in partnership with technical development teams
Highly proactive and self-motivated with the ability to meet objectives independently
Exposure to quant research processes like backtesting, computing core statistical measures, and familiarity with cloud technologies for running these capabilities at scale is a plus
Location: Boston, MA
Sponsorship: Fidelity Investments does not offer work visas for this role.
Intern Program Dates: June 1st, 2026 – August 7th, 2026
*Candidates must be available for the full duration of the 10-week program.*
Certifications:
Category:
Investment ProfessionalsFidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.
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.