Principal Quant Developer- QIS
Fidelity
Job Description:
The Role
As one of the principal quant developer 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 investment processes focused on Quantitative Index Solution. You will also 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
- 7+ years of experience in analytical models and working with investment professionals
- Proven experience fixed income asset classes
- Deep understanding of quantitative techniques and methods, statistics and econometrics – including probability, linear regression and time series data analysis
- Proven track record in hands-on development of analytical solutions
- Full-stack software development knowledge.
- Technical and programming skills including Python, SQL and Unix.
- 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.
- Lead the implementation of a research project through the entire software development lifecycle utilizing a full-stack implementation.
- 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 focused on building Index Solutions. We build high quality, robust, and efficient high-responsive solutions that are used to build proprietary indices.
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 creating 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 associates for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer.
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to complete the application or interview process. Please email us at accommodations@fmr.com or call 800-835-5099, prompt 2, option 2 if you would like to request an accommodation.
The base salary range for this position is $85,000-$179,000 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.
Certifications: