Principal Quant Developer
Company: Fidelity Investments
Location: Boston
Posted on: April 26, 2024
Job Description:
Job Description:The RoleAs 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 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
- 6 + years of experience in analytical models and working with
investment professionals
- Proven experience in either equities, fixed income or
alternative 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 R, Java, 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.
- 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 issuesThe
TeamQuantitative 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 build high quality, robust, and efficient
high-responsive solutions that are used to improve Strategic
Advisers efficiency and decision-making processes.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 or call
800-835-5099, prompt 2, option 2 if you would like to request an
accommodation.Certifications:Company Overview Fidelity Investments
is a privately held company with a mission to strengthen the
financial well-being of our clients. We help people invest and plan
for their future. We assist companies and non-profit organizations
in delivering benefits to their employees. And we provide
institutions and independent advisors with investment and
technology solutions to help invest their own clients' money. Join
Us At Fidelity, you'll find endless opportunities to build a
meaningful career that positively impacts peoples' lives, including
yours. You can take advantage of flexible benefits that support you
through every stage of your career, empowering you to thrive at
work and at home. Honored with a , we have been recognized by our
employees as a top 10 Best Place to Work in 2024. And you don't
need a finance background to succeed at Fidelity-we offer a range
of opportunities for learning so you can build the career you've
always imagined. blends the best of working offsite with maximizing
time together in person to meet associate and business needs.
Currently, most hybrid roles require associates to work onsite all
business days of one assigned week per four-week period (beginning
in September 2024, the requirement will be two full assigned
weeks). At Fidelity, we value honesty, integrity, and the safety of
our associates and customers within a heavily regulated industry.
Certain roles may require candidates to go through a preliminary
credit check during the screening process. Candidates who are
presented with a Fidelity offer will need to go through a
background investigation, , and may be asked to provide additional
documentation as requested. This investigation includes but is not
limited to a criminal, civil litigations and regulatory review,
employment, education, and credit review (role dependent). These
investigations will account for 7 years or more of history,
depending on the role. Where permitted by federal or state law,
Fidelity will also conduct a pre-employment drug screen, which will
review for the following substances: Amphetamines, THC (marijuana),
cocaine, opiates, phencyclidine. We invite you to Find Your
Fidelity at . Fidelity Investments is an equal opportunity
employer. We believe that the most effective way to attract,
develop and retain a diverse workforce is to build an enduring
culture of inclusion and belonging. Fidelity will reasonably
accommodate applicants with disabilities who need adjustments to
participate in the application or interview process. To initiate a
request for an accommodation, contact the HR Accommodation Team by
sending an email to , or by calling 800-835-5099, prompt 2, option
3.
We welcome those with experience in jobs such as Billing, Cost, and
Rate Clerk, Accounts Receivable Clerk, and Senior Accountant and
others in the Accounting and Finance to apply.
Keywords: Fidelity Investments, Cambridge , Principal Quant Developer, IT / Software / Systems , Boston, Massachusetts
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