The Role
Do you want to make a difference in our customers’ lives and be part of a highly collaborative, cross-functional team committed to improving the value of our products within Fidelity Capital Markets? We are looking for a quantitative expert to lead our research in our systematic trading and analytics platforms, coach our quant team to deliver relevant solutions, and help our clients to navigate the market! Responsibilities include conducting advanced quantitative research, developing models for our systematic trading and analytics platform, building and maintaining trading infrastructure for equity and fixed income markets, and creating custom complex trading algorithms for clients
The Expertise and Skills You Bring
10+ years of industry experience in systematic trading, predictive model development, algo optimization and transaction cost analysis
Ph.D. degree in Engineering, Computer Science, Applied Mathematics, or other relevant quantitative discipline strongly preferred
Lead a diverse team of quantitative experts to create systematic trading solutions in collaboration with product and tech
Generate ideas and architect platform to integrate intelligence, optimize actions, enhance customization, and democratize workflow
Assess performance of retail execution, trading algorithms, and implement solutions to lower trading cost
Work closely with order flow management, electronic trading consultants, and desk strategists to engage clients
Hands on in conducting analysis and developing model for production
Experienced knowledge in Python and KDB/Q, and fluency in artificial intelligence and cloud architecture
Series 7, 24, 57 and 63
The Team
Our Systematic Trading and Analytics Platform team develops trading capabilities and provides quantitative expertise to the design of next-generation brokerage products in the equity and fixed income market. We build trading infrastructure and create trading algorithms to help clients achieve the best execution. We work with clients to improve their trading strategy, educate them about market structure and trading tools, and provide consultation to help them take on their unique problems.
Note: Fidelity will not provide immigration sponsorship for this position.
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.
Certifications:Category:Capital Markets ProductFidelity Investments Boston, Massachusetts, USA Office
245 Summer St, Boston, MA, United States, 02210
Similar Jobs
What you need to know about the Boston Tech Scene
Key Facts About Boston Tech
- Number of Tech Workers: 269,000; 9.4% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Thermo Fisher Scientific, Toast, Klaviyo, HubSpot, DraftKings
- Key Industries: Artificial intelligence, biotechnology, robotics, software, aerospace
- Funding Landscape: $15.7 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Summit Partners, Volition Capital, Bain Capital Ventures, MassVentures, Highland Capital Partners
- Research Centers and Universities: MIT, Harvard University, Boston College, Tufts University, Boston University, Northeastern University, Smithsonian Astrophysical Observatory, National Bureau of Economic Research, Broad Institute, Lowell Center for Space Science & Technology, National Emerging Infectious Diseases Laboratories
