Fidelity Investments · 17 hours ago
Principal Quant Developer
Jersey City, NJ
Full-time
Hybrid
Senior Level, Lead/Staff
$107K/yr - $216K/yr
4+ years expFidelity Investments is seeking a highly motivated and curious Principal Quantitative Developer to join their Quantitative Research & Investing Technology team. The role involves supporting researchers in prototyping and delivering new systematic investment strategies and providing high impact solutions for alpha research, portfolio construction, and risk management.
Asset ManagementFinanceFinancial ServicesRetirementWealth Management
Responsibilities
Analyze and design systems to implement quantitative models for systematic financial investments using R and Python
This includes developing time series forecasting models, multi-asset class portfolio construction strategies, risk management tools, alpha research, and simulation-based algorithms to build investment strategies
Lead the implementation of a research project through the entire software development lifecycle using a full-stack implementation
Assist Research teams in developing new models and products that will provide an advantage to the organization in the marketplace
Qualification
Required
A Bachelor's degree in Computer Science, Financial Engineering, Information Technology, Information Systems, Mathematics, Physics, Statistics, Engineering, or a closely related field and six (6) years of experience as a Senior Quant Developer or similar role
Alternatively, a Master's degree (or equivalent foreign education) in the same fields, accompanied by four (4) years of experience as a Lead Quantitative Development or similar role
This experience should include building high-quality, robust, and efficient systems and solutions for financial investment decisions, utilizing R, Python, PL/SQL databases, and quantitative techniques
Expert in Python with experience across the development stack (full stack)
Demonstrated knowledge of mathematics, statistics, and quantitative finance
Exposure to object-oriented programming (OOP) and design patterns
Experience in at least one unit testing framework and understanding of test-driven development (TDD) concepts and methodologies
Skilled in a range of database technologies: SQL (Oracle & Snowflake), NoSQL, Graph
Skilled in Batch and API technologies: such as batch scheduling (using Autosys and Airflow) and create REST APIs (using FAST API and Flask) leveraging AWS resources including Lambda, S3, EKS and EC2
Experience implementing CI/CD and DevOps best practices. Perform Continuous Integration (CI) and Continuous Deployment (CD) pipelines (using Linux and Jenkins), code versioning using GitHub
Analyze and design systems to implement quantitative models for systematic financial investments using R and Python. This includes developing time series forecasting models, multi-asset class portfolio construction strategies, risk management tools, alpha research, and simulation-based algorithms to build investment strategies
A creative problem solver and a curiosity fueled by keeping up with advanced methodologies and industry trends, especially in the finance community
Domain knowledge 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
Thoughtfully apply advanced 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 using a full-stack implementation
Strong presentation and communication skills, with a knack for engaging with quant researchers and investment professionals
Assist Research teams in developing new models and products that will provide an advantage to the organization in the marketplace
Preferred
Progress towards CFA (or equivalent) a plus
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
Company
Fidelity Investments
Fidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses we serve.
10001+ employees
H1B Sponsorship
Fidelity Investments has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3)
2024 (8)
2023 (4)
2022 (6)
2021 (8)
2020 (30)
Funding
Current Stage
Late StageTotal Funding
$152.82MKey Investors
Apple
2020-12-28Secondary Market· $2.5M
2018-01-14Secondary Market· $1M
2017-05-03Secondary Market· $12.5M
Leadership Team
Abigail Johnson
Chairman & CEO
Jeanmarie Ward
Senior Vice President of Architecture
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