Principal Quant Developer Jobs

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The Role

As one of the principal quant developer on the team, you blend investment management and technical expertise with a passion for delivering results. You will be ‘embedded’ within the quantitative research team and you will partner with the investment teams on various projects including portfolio construction, risk management, and alpha research. You will contribute to build high quality, robust, and efficient analytical solutions that will be used to improve FAMS investment processes. You will be responsible for handling project backlog for the team and communicate the same with the partners.

The Expertise and Skills You Bring

• Domain knowledge in either equities, fixed income or alternative asset classes
• Assist Research teams in developing new models and products that will provide an advantage to the organization in the marketplace.
• Ability to effectively communicate with multiple partners, including fundamental and quantitative researchers, technology partners and senior management
• Consistent track record in hands-on development of analytical solutions
• Bachelor's degree (or above) in a quantitative or computational field such as Statistics, Computer Science or Applied Mathematics
• Lead the implementation of a research project through the entire software development lifecycle applying a full-stack implementation.
• 6 + years of experience in analytical models and working with investment professionals
• Thoughtfully apply advanced analytics and quantitative concepts to support investment needs and develop new solutions.
• Full-stack software development knowledge.
• Deep understanding of quantitative techniques and methods, statistics and econometrics – including probability, linear regression and time series data analysis
• Add scale, rigor, and repeatability to research through software development best practices.
• Adept at detecting scope changes and calling out issues
• Technical and programming skills including R, Python, SQL and Linux.

The Team

Quantitative Development team is part of Asset Management’s Quantitative Research & Investment Technology group that partners with the investment teams in Fidelity Asset Management Solutions on various projects including portfolio construction, risk management, and alpha research. We create high quality, robust, and efficient high-responsive solutions that are used to enhance Fidelity productivity and decision-making processes.

Please see below for the salary range for work locations in New York City, Westchester County, NY and Jersey City, NJ only:

This position is eligible for incentive compensation or an annual bonus opportunity.

Certifications:

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.

At Fidelity, you'll find endless opportunities to build a meaningful career that positively impacts peoples' lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees' Choice Award, we have been recognized by our employees as a Best Place to Work in 2023. And you don't need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you've always imagined.

At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we’re calling “Dynamic Working”. Most associates will have a hybrid schedule with a requirement to work onsite at a Fidelity work location for at least one week, 5 consecutive days, every four weeks. These requirements are subject to change.

We invite you to Find Your Fidelity at fidelitycareers.com.

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations @fmr.com, or by calling 800-835-5099, prompt 2, option 3.