Principal Quant Developer

The Principal Quant Developer will join Fidelity Investments QRIT team to design, build, enhance, and support a portfolio optimization and backtesting ecosystem, working hands-on alongside software engineers and quantitative developers.

Location

Smithfield, RI (onsite)

Salary

USD 107,000 - 216,000 per yearly

Experience and Education

Minimum of 7 years of professional experience in financial services, with asset management experience preferred.

Education: Bachelor’s degree; Master’s degree preferred.

Responsibilities

• Collaborate with quantitative research and investments teams to design, build, enhance, and support a comprehensive portfolio optimization and backtesting ecosystem.
• Engage in hands-on development in partnership with a team of software engineers and quantitative developers.

Requirements

• Minimum 7 years of professional experience in financial services, with asset management experience preferred.
• Experience leveraging industry-scale optimization libraries such as Matlab Linear, Gurobi, Cplex, Axioma, and SciPy.
• Proficiency in Python and microservices / RESTful APIs.
• Proven ability to design highly scalable and low latency systems.
• Experience with AWS cloud environment and working knowledge of CI/CD and DevOps.
• Strong expertise in system architecture, design patterns, and software engineering fundamentals including OOP, functional programming, and data modeling.
• Advanced understanding of data structures.
• Portfolio construction and/or portfolio optimization experience is a plus.
• Proven ability to capture requirements and formulate plans by partnering with stakeholders across the organization.
• Strong communication, interpersonal, and relationship-building skills to influence decisions across Fidelity at all levels.
• Bachelor’s degree in a computational field such as Computer Science; Master’s degree is preferred.

Technologies

• Python
• Matlab Linear
• Gurobi
• Cplex
• Axioma
• SciPy
• RESTful APIs
• Micro-services
• AWS
• CI/CD
• DevOps

Benefits

• Comprehensive health care coverage and emotional well-being support
• Market-leading retirement
• Generous paid time off and parental leave
• Charitable giving employee match program
• Educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career

Category

Information Technology