About the role

Aplyr's Quick Take

This role is for a Principal Quant Developer focused on building and enhancing systems for Fixed Income research and portfolio construction. You'll work closely with quant researchers and software engineers, engaging in hands-on development and system architecture. It's an individual contributor role with a strong emphasis on technical skills in Python and cloud environments.

Good fit

Ideal candidates have at least 5 years of experience in financial services, particularly in asset management, and possess strong programming skills. Those who excel in collaborative environments and have a solid understanding of quantitative finance will thrive here.

Worth noting

The salary range is quite broad, indicating potential for negotiation based on experience. The role also emphasizes a mix of technical and interpersonal skills, which may not be common in purely technical positions.

Job Description:

Job Title Principal Quant Development

The Role

We are seeking Principal Quant Engineering to join our Quantitative Research & Investments Technology (QRIT) team in Fidelity Asset Management Technology. This role will partner with the quant research and investments teams to design, build, enhance, and support a comprehensive Systematic Fixed Income research and portfolio construction ecosystem. This individual will include hands on development collaborating with team of software engineers and quantitative developers.

The Expertise and Skills You Bring

Bachelor’s degree in a computational field such as Computer Science, Master’s degree is preferred
Minimum of 5 years of proven professional experience working in financial services (Asset Management experienced preferred)
Proven experience engaging with senior internal and external clients and partners
Experience with Python and micro-services / RESTful APIs
Experience integrating data services with Excel or other UI like angular is a plus
Prior quant dev experience with Fixed Income asset class is a plus
Experience working on AWS cloud environment and working knowledge of CI/CD & DevOps
Strong experience in system architecture, design patterns and software engineering fundamentals such as OOP, functional programming, data modeling.
Advanced understanding of data structures
Demonstrated experience with portfolio construction and/or portfolio optimization is a plus
Proven ability to capture requirements and formulate plans by partnering with various stakeholders
Strong communication, interpersonal and relationship building skills to influence decisions and engage across Fidelity and at all levels of the organization

The base salary range for this position is $107,000-216,000 USD 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. Please consult with your recruiter for the specific expectations for this position.

Certifications:

Category:

Information Technology

Aplyr's read

Fidelity Investments is a powerhouse in financial services, attracting professionals in technology, risk management, and client services to drive innovation and customer satisfaction.
Synthesized from recent postings & public sources

What's promising

•Fidelity offers diverse roles across technology, finance, and client services, indicating a broad scope for career growth.
•The company invests heavily in technology, hiring roles in AI, cloud, and cybersecurity.
•Fidelity's strong market presence provides stability and numerous opportunities for advancement.

What to watch

•The financial sector's regulatory environment may limit flexibility and innovation.
•High competition for roles may make entry challenging for less experienced candidates.
•Limited public information about work-life balance and company culture specifics.

Why Fidelity Investments

•Fidelity's focus on technological advancement is evident in its numerous tech-oriented roles.
•The company has a strong emphasis on risk management, hiring specialized roles in this area.
•Fidelity's diverse service offerings provide employees with exposure to various financial sectors.

Aplyr’s read is generated by AI from public sources. Was it useful?

About Fidelity Investments

Fidelity Investments

fidelity.com

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Fidelity Investments is a multinational financial services corporation that provides investment management, retirement planning, portfolio guidance, brokerage services, and wealth management.