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Fidelity Investments

Senior Quantitative Developer

Job Posted 2 Days Ago Reposted 2 Days Ago
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3 Locations
76K-144K Annually
Mid level
3 Locations
76K-144K Annually
Mid level
As a Senior Quantitative Developer, you will work with quantitative research and investment teams to deliver analytical solutions, manage project backlogs, and enhance investment processes with technical expertise in quantitative techniques and software development.
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Job Description:

Job Description

The Role

As one of the quant developers 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 SAI’s investment processes. You will be responsible for managing project backlog for the team and communicate the same with the partners.

The Expertise and Skills You Bring

  • Bachelor's degree (or above) in a quantitative or computational field such as Statistics, Computer Science or Applied Mathematics
  • 3 + years of experience in analytical models and working with investment professionals
  • Proven experience in either equities, fixed income, or alternative asset classes
  • Understanding of quantitative techniques and methods, statistics, and econometrics – including probability, linear regression and time series data analysis
  • Hands-on development of analytical solutions
  • Full-stack software development knowledge.
  • Technical and programming skills including Python, R, SQL and Linux.
  • Ability to optimally connect with multiple partners, including fundamental and quantitative researchers, technology partners and senior management
  • Intelligently apply sophisticated analytics and quantitative concepts to support investment needs and develop new solutions.
  • Add scale, rigor, 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.
  • Adept at detecting scope changes and calling out issues.

 The Team

Quantitative Development team is part of Asset Management’s Quantitative Research & Investment Technology group that partners with the investment teams in Strategic Advisers 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 improve Strategic Advisers productivity and decision-making processes.

The base salary range for this position is $76,000-$144,000 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.

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.

Certifications:

Category:Information Technology

HQ

Fidelity Investments Boston, Massachusetts, USA Office

245 Summer St, Boston, MA, United States, 02210

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