Job Description:
The Role
Senior Quantitative Developer is a core software engineering role in our dynamic, fast-paced quantitative development team. 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 software solutions that will be used to improve investment processes. You and your team will be responsible for developing, running, supporting all kinds of Quantitative Tools in cloud environment and communicate the same with customers.
The Team
The Advance Strategies and Research (ASR) Quantitative Development team is part of Asset Management’s Quantitative Research & Investment Technology group that partners with various investment teams and projects. We build and ‘own’ high quality, robust, adaptive, resilient solutions that are essential to investment management, quantitative analysis, and new product development.
This position can be in Boston, MA or Jersey City, NJ
The Expertise You Have
- Bachelor's degree (or above) in a quantitative or computational field such as Statistics, Computer Science or Applied Mathematics
- 5 + years of experience in complex software development and working with investment professionals
- Good understanding and implementation of software excellence concepts(Reliability, Extendibility, Resiliency, Flexibility, Pluggability, Intuitive Problem Solving, Risk mitigation, Technical debt, Scope, estimation, quality, CI/CD, Unit testing, Functional testing, Load testing, Parallel Processing, Resource Synchronization, Performance, Monitoring, Alerts, Logging, Tracing, Observability, Supportability etc.)
The Skills You Bring
- Experience on Analytical/Software Engineering skills including Python, Shell Scripts, Java, SQL and Linux.
- Experience in implementation of a research project through the entire software development lifecycle applying a full-stack implementation.
- Experience with AWS cloud environment development and deployment is a plus.
- Good understanding of quantitative techniques and methods, statistics, and econometrics – including probability, linear regression, and time series data analysis
- Good experience in either equities, fixed income, or alternative asset classes
- Consistent track record in hands-on ‘development’ of complex software solutions.
- Ability to effectively connect with multiple partners, including fundamental and quantitative researchers, divisional partners.
- Thrive in working with fast paced competing requirements and effectively delivering business needs
The Value You Deliver
- Lead/Own the one or more modules of a research project through the entire software development lifecycle applying a full-stack implementation.
- Intuitively apply advanced analytics and quantitative concepts to support investment needs and develop new solutions.
- Add scale, reliability, and repeatability to research through software development standard methodologies.
- Assist Research teams in developing new models and products that will provide an advantage to the organization in the marketplace.
- Apply sophisticated analytics and quantitative concepts to support investment needs and develop new solutions.
- Adaptive and effective team player with strong collaboration
Company Overview
At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in crafting and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associate for their outstanding perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com.
Fidelity Investments is an equal opportunity employer. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
The base salary range for this position is $97,000-$154,000 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.
Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.