Fidelity Investments-posted about 1 month ago
$107,000 - $216,000/Yr
Full-time • Principal
Hybrid • Boston, MA
5,001-10,000 employees
Securities, Commodity Contracts, and Other Financial Investments and Related Activities

The Quantitative Research & Investing Technology (QRIT) 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. Your technology knowledge covers a broad spectrum of technologies, including R, Python, and PL/SQL databases, positioning you as a full-stack software engineer who capitalizes on enterprise technology. You are committed to constructing high-quality, scalable, robust, resilient and efficient analytical and software solutions that propel investment processes forward.

  • Analyze and design systems to implement quantitative models for systematic financial investments using R and Python. This includes developing time series forecasting models, multi-asset class portfolio construction strategies, risk management tools, alpha research, and simulation-based algorithms to build investment strategies.
  • Lead the implementation of a research project through the entire software development lifecycle using a full-stack implementation.
  • Assist Research teams in developing new models and products that will provide an advantage to the organization in the marketplace.
  • A Bachelor's degree in Computer Science, Financial Engineering, Information Technology, Information Systems, Mathematics, Physics, Statistics, Engineering, or a closely related field and six (6) years of experience as a Senior Quant Developer or similar role.
  • Alternatively, a Master's degree (or equivalent foreign education) in the same fields, accompanied by four (4) years of experience as a Lead Quantitative Development or similar role.
  • This experience should include building high-quality, robust, and efficient systems and solutions for financial investment decisions, utilizing R, Python, PL/SQL databases, and quantitative techniques.
  • 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
  • Skilled in Batch and API technologies: such as batch scheduling (using Autosys and Airflow) and create REST APIs (using FAST API and Flask) leveraging AWS resources including Lambda, S3, EKS and EC2.
  • Experience implementing CI/CD and DevOps best practices. Perform Continuous Integration (CI) and Continuous Deployment (CD) pipelines (using Linux and Jenkins), code versioning using GitHub.
  • A creative problem solver and a curiosity fueled by keeping up with advanced methodologies and industry trends, especially in the finance community
  • Domain knowledge in either equities, fixed income or alternative asset classes
  • Deep understanding of quantitative techniques and methods, statistics and econometrics - including probability, linear regression and time series data analysis
  • Thoughtfully apply advanced analytics and quantitative concepts to support investment needs and develop new solutions.
  • Strong presentation and communication skills, with a knack for engaging with quant researchers and investment professionals
  • Progress towards CFA (or equivalent) a plus
  • 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.
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