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Principal Quant Developer

AT Fidelity Investments
Fidelity Investments

Principal Quant Developer

Boston, MA

Job Description:

Principal Quant Developer

The Role

The Systematic Liquid Alternatives Quant Development team within Fidelity's Asset Management Technology group is seeking a highly motivated and curious Principal Quantitative Developer. In this role you will contribute to a dynamic and fast-paced development team supporting researchers in prototyping and delivering new systematic strategies in Alternatives. You will be 'embedded' within the quantitative research team and provide high impact and robust technology solutions on various projects enabling research, portfolio construction, and risk management.

This position will be based in Boston, MA or Jersey City, NJ

The Expertise and Skills You Bring

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  • Expert in Python with experience across the development stack (full stack)
  • Demonstrated knowledge of mathematics, statistics, and quantitative finance
  • Domain knowledge in either equities, fixed income or alternative asset classes
  • Knowledge of portfolio risk analytics
  • Exposure to object-oriented programming (OOP) and design patterns
  • Experience in at least one unit testing framework and understanding of test-driven development (TDD) concepts and methodologies
  • Skilled in a range of database technologies: SQL (Oracle & Snowflake preferred)
  • Experience implementing CI/CD and DevOps best practices
  • Ability to lead the implementation of a research project through the entire software development lifecycle using a full-stack implementation.
  • A creative problem solver and a curiosity fueled by keeping up with advanced methodologies and industry trends, especially in the quant finance community
  • Strong presentation and communication skills, with a knack for engaging with quant researchers, investment professionals, and senior management
  • Bachelor's degree (or above) in a quantitative or computational field such as Statistics, Computer Science or Applied Mathematics
  • 6 + years of experience in implementation of analytical models and working with investment professionals
  • Progress towards CFA (or equivalent) a plus

The Team

The Quant Development team is part of Asset Management's Quantitative Research & Investment Technology group. We partner with Asset Management's Systematic Liquid Alternatives team on cutting edge projects including systematic investment strategies, portfolio construction, risk management, and alpha research. We build high quality, robust, and highly-scalable solutions that are used to improve Asset Management's efficiency and decision-making processes.
The base salary range for this position is $85,000-$179,000 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.

Fidelity'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.

Certifications:

Category:

Information Technology

Client-provided location(s): Boston, MA, USA; Jersey City, NJ, USA
Job ID: Fidelity-2104488
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Fitness Subsidies
    • On-Site Gym
    • Pet Insurance
    • Mental Health Benefits
    • Virtual Fitness Classes
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Adoption Leave
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Snacks
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Company Equity
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Internship Program
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program

Company Videos

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