Director, QRI Business Operations

Fidelity Investments

$125K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in investment or business operations with a focus on data and analytics.
  • Bachelor's degree or higher in a quantitative field like mathematics, statistics, engineering, or finance.
  • Proficient with SQL, Python, Snowflake, Oracle, and other data tools; data quality frameworks experience is a plus.
  • Strong analytical skills with a keen ability to assess complex datasets and ensure data quality control.
  • Excellent communicator, able to engage with diverse teams and senior stakeholders effectively.
  • Experience in identifying process improvements and managing operational risk.
  • Commitment to fostering a positive team culture through collaboration and continuous improvement.

Responsibilities

  • Build and maintain an operations framework that emphasizes quality, control, and continuous improvement.
  • Develop strong relationships across various teams, including research, technology, and compliance.
  • Implement process improvements with a focus on automation to enhance efficiency and reduce risk.
  • Understand and oversee the quantitative investment process, addressing data validation and issue resolution.
  • Ensure thorough documentation of workflows and procedures for team consistency.
  • Adapt to new business needs while maintaining focus on quality and execution timelines.

Benefits

  • Collaborative and inclusive work environment that values team culture.
  • Opportunities for professional development and continuous improvement.
  • Engagement with cutting-edge data and technology in investment operations.
  • Access to robust resources and support from Fidelity's extensive network.
  • Flexible onsite working arrangements as part of Fidelity’s phased approach.
Full Job Description

Job Description:

Note: Fidelity will not provide immigration sponsorship for this position.

The Role

The Director, QRI Business Operations will support investment professionals within Quantitative Research and Investments (QRI), with a primary focus on the operational processes that enable the proprietary index and quantitative research teams. This role will support daily operational activities, including data validation, vendor relationships, issue management and other investment research support functions. The individual will work closely with various research teams and collaborate across Fidelity to ensure operational processes are well-controlled, efficient, scalable, and aligned with QRI’s strategic priorities.

Responsibilities

  • Build and maintain a transparent, consistent business operations framework that drives quality, control, and continuous improvement across QRI.
  • Build and maintain strong working relationships with research, technology, compliance, product, vendors, internal clients and other key business partners.
  • Drive prioritization and implement improvements in execution with a focus on automation to reduce operational risk and increase efficiency.
  • Develop a solid understanding of the quantitative investment process, including data inputs, data validation, index methodology research, issue resolution and downstream operational dependencies.
  • Ensure maintenance of workflow documentation and desktop procedures, ensuring process consistency across team members.
  • Respond to evolving business priorities and new requests while balancing risk, quality, and execution timelines.

The Expertise and Skills You Bring

  • Strong analytical capabilities, with the ability to understand complex datasets and implement effective data quality controls.
  • Strong understanding of financial data, including security, company, portfolio, and index-level information, as well as pricing across equities, fixed income, and derivatives.
  • Experience with SQL, Python, Snowflake, Oracle, and/or other data and automation tools; familiarity with data quality frameworks preferred.
  • Experience identifying anomalies, assessing data quality issues, and designing processes to improve workflow reliability and control.
  • Excellent communication and collaboration skills, with the ability to work effectively across technical, investment, operational, and senior leadership teams.
  • Ability to design effective processes, identify improvement opportunities, and proactively surface risks, gaps, and dependencies.
  • Contributes positively to the team environment and is committed to strengthening Fidelity’s culture through accountability, collaboration, and continuous improvement.
  • Bachelor’s degree or higher in a quantitative field such as mathematics, statistics, engineering, computer science, finance, or a related field.
  • 5 plus years of experience in investment operations, data operations, business operations, or a related financial services support function.

The Team

The Asset Management Investment Services (AMIS) division is comprised of: Business Operations and Strategy, Fidelity Fund and Investment Operations, Investment Services and Investment Risk Management teams.  This division works together to support AM's strategic goals while operating as the best partner to the business to protect our clients via risk oversight, common data and support, as well as strategic business planning.  The Quantitative Research Investment Services (QRI IS) team, while part of AMIS, is aligned with the priorities of the Quantitative Research and Investments (QRI) organization within Asset Management.

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.


Certifications:

Category:

Investment Operations

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