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Principal Quant Developer

Fidelity

Principal Quant Developer

Fidelity

Durham, North Carolina, USA

·

On-site

·

Full-time

·

4d ago

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:

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About Fidelity

Fidelity

Fidelity

Bootstrapped

Fidelity Land Development specializes in land acquisition, development, management, maintenance and leasing services.

1-50

Employees

Chatham

Headquarters

Reviews

3.5

4 reviews

Work Life Balance

2.0

Compensation

2.5

Culture

1.8

Career

2.5

Management

1.5

15%

Recommend to a Friend

Pros

Benefits continuation during leave

Structured career path

Certification support

Cons

Poor management practices

Inadequate communication

Heavy micromanagement

Salary Ranges

40 data points

Junior/L3

Mid/L4

Senior/L5

Director

Junior/L3 · AM Quantitative Research Analyst

1 reports

$72,741

total / year

Base

$63,211

Stock

-

Bonus

-

$72,741

$72,741

Interview Experience

6 interviews

Difficulty

3.2

/ 5

Duration

14-28 weeks

Experience

Positive 0%

Neutral 67%

Negative 33%

Interview Process

1

Phone Interview

2

Video Interview

3

Offer

4

Background Check

5

Fingerprinting

6

Drug Test

Common Questions

Customer service scenarios

Financial services knowledge

Behavioral questions

Technical cybersecurity concepts