Job Description:

Principal Quant Developer

The Role

The Advanced Strategies and Research (ASR) 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 investment strategies. You will provide high impact solutions on various projects including alpha research, portfolio construction, and risk management.

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

The Expertise and Skills You Bring

Expert in Python with experience across the development stack (full stack) Demonstrated knowledge of mathematics, statistics, and quantitative finance 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), NoSQL, Graph Experience implementing CI/CD and DevOps best practices A creative problem solver and a curiosity fueled by keeping up with advanced methodologies and industry trends, especially in the finance community Strong presentation and communication skills, with a knack for engaging with quant researchers and investment professionals Bachelors or equivalent with 6+ years of experience or Masters with 4+ years of experience in Computer Science, Mathematics, Statistics, Engineering, or equivalent 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 Advance Strategies and Research team on cutting edge projects including systematic investment strategies, portfolio construction, risk management, alpha research, and GenAI. 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.

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