Director, Quant Development (Backtesting)

Director Quant Development, Backtesting

The Role

We are seeking Director Quant Development 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 portfolio back testing 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 7 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

• Quantitative Finance knowledge is required: quantitative research techniques and methods, including backtesting, model formation, and the alpha lifecycle

• Proven ability to design highly scalable and low latency systems

• Experience working on AWS cloud environment and working knowledge of CI/CD & DevOps

• Awareness of event-based systems, functional programming, emerging technologies and messaging frameworks such as Kafka and EMS.

• Strong experience in system architecture, design patterns and software engineering fundamentals such as OOP, functional programming, data modeling.

• Advanced understanding of data structures

• 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

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.

Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.