Principal Quant Developer

Fidelity • Boston, MA

2d • $107,000 - $216,000

About The Position

Fidelity is seeking a Principal Quant Developer to join its Quantitative Research & Investments Technology (QRIT) team within Fidelity Asset Management Technology. The role partners with quantitative research and investment teams to design, build, enhance, and support a comprehensive Systematic Alternatives portfolio construction and management system. It combines hands-on development with collaboration across quantitative researchers, software engineers, and quantitative developers.

Asset Management Technology provides worldwide technology and support to Investment Management, Research, Trading, and Investment Operations. The position is part of the Quantitative Engineering team, which delivers and maintains solutions for the Quant Research team. Fidelity will not provide immigration sponsorship for this position.

The base salary range is $107,000–$216,000 USD per year. Placement depends on responsibilities and scope, geographic location, relevant experience, and other factors. The compensation package may also include bonus or other variable compensation, subject to position and eligibility requirements. Fidelity is transitioning to a full-time onsite working model through a phased rollout; onsite expectations vary by role and location and may evolve. The application window closes when the position is filled or unposted.

Requirements

• Bachelor’s degree in Computer Science, Engineering, Mathematics, Statistics, Finance, or a related quantitative discipline.
• At least 7 years of experience in asset management, hedge funds, quantitative investing, or financial services.
• Strong understanding of systematic investment strategies, portfolio construction, risk models, and performance attribution.
• Experience building research and portfolio management platforms, quantitative libraries, analytics engines, and investment workflows.
• Advanced Python programming expertise and strong software engineering practices.
• Strong knowledge of data structures, algorithms, object-oriented design, functional programming, and distributed systems.
• Experience developing microservices, REST APIs, and event-driven architectures for investment applications.
• Hands-on experience with SQL databases, including Oracle and Snowflake.
• Experience developing and deploying applications on AWS.
• Strong understanding of CI/CD pipelines, DevOps practices, infrastructure automation, and production support.
• Demonstrated ability to collaborate with quantitative researchers and portfolio managers to translate investment concepts into scalable technology solutions.
• Proven ability to gather requirements, influence technical direction, and deliver strategic platforms.
• Strong communication and stakeholder management skills, with the ability to work effectively across investment, research, and technology organizations.

Nice To Haves

• Master’s degree.
• Experience with financial instruments such as Futures, Interest Rate Swaps (IRS), Total Return Swaps (TRS), and FX Forwards.
• Java experience.

Responsibilities

• Design, build, enhance, and support a comprehensive Systematic Alternatives portfolio construction and management system.
• Collaborate with quantitative researchers, software engineers, and quantitative developers on hands-on development.
• Partner with quantitative researchers and portfolio managers to translate investment concepts into scalable technology solutions.
• Gather requirements, influence technical direction, and deliver strategic platforms.
• Deliver and maintain solutions for the Quant Research team.

Benefits

• Comprehensive health care coverage.
• Emotional well-being support.
• Market-leading retirement benefits.
• Generous paid time off.
• Parental leave.
• Charitable giving employee match program.
• Educational assistance, including student loan repayment, tuition reimbursement, and learning resources.

What This Job Offers

• Job Type: Full-time
• Career Level: Principal