Principal Quant Developer
Not Disclosed•Full-TimeOn-site
location_on3317, Redgate Drive, Durham, Durham County, North Carolina, 27703, United States
About the Role
We are seeking a Principal Quant Developer to join our Quantitative Research & Investments Technology (QRIT) team within Fidelity Asset Management Technology. In this position, you will partner closely with quant research and investments teams to design, build, enhance, and support a comprehensive portfolio optimization and back-testing ecosystem.
This role is defined by hands-on development, requiring you to collaborate directly with a team of software engineers and quantitative developers. You will be instrumental in shaping the architecture of systems that drive critical investment strategies, ensuring they are highly scalable and capable of low-latency execution.
Our Culture and Values
At Fidelity, we foster an environment where strong communication and relationship-building skills are essential. Success in this role requires the ability to influence decisions and engage effectively across Fidelity at all levels of the organization. We value professionals who can capture complex requirements and formulate strategic plans by partnering with diverse stakeholders.
Hiring Process
Applications for this position are reviewed on a rolling basis. Please note that the application window closes when the position is filled or unposted.
Equal Opportunity Employer
Fidelity is an equal opportunity employer. We are committed to building a diverse and inclusive workforce. 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, and numerous state laws governing securities and investment activities. These regulations may restrict hiring or association with individuals having certain criminal histories.
Work location
Work model: On-site
3317, Redgate Drive, Durham, Durham County, North Carolina, 27703, United States
Durham, North Carolina
Key Responsibilities
- check_circleDesign, build, and enhance a comprehensive portfolio optimization and back testing ecosystem
- check_circlePartner with quant research and investments teams to capture requirements and formulate plans
- check_circleDesign highly scalable and low latency systems using Python and micro-services
- check_circleImplement industry scale optimization libraries such as Gurobi, Cplex, or SciPy
- check_circleManage system architecture, design patterns, and data modeling within AWS cloud environments
- check_circleCollaborate with software engineers and quantitative developers on hands-on development
- check_circleSupport CI/CD and DevOps practices to maintain system reliability and performance
Requirements
- verifiedMinimum of 7 years of proven professional experience in financial services
- verifiedBachelor's degree in a computational field (Master's preferred)
- verifiedExperience with Python and micro-services/RESTful APIs
- verifiedExperience with industry scale optimization libraries (Matlab Linear, Gurobi, Cplex, Axioma, SciPy)
- verifiedExperience with AWS cloud environment
- verifiedWorking knowledge of CI/CD & DevOps
- verifiedStrong experience in system architecture, design patterns, OOP, functional programming, data modeling
- verifiedAdvanced understanding of data structures
Nice to Have
Asset Management experience. Experience with portfolio construction and/or portfolio optimization. Master's degree in a computational field.
Benefits & Perks
check_circleComprehensive health care coverage and emotional well-being supportcheck_circleMarket-leading retirement plancheck_circleGenerous paid time off and parental leavecheck_circleCharitable giving employee match programcheck_circleEducational assistance including student loan repayment, tuition reimbursement, and learning resources
Similar Job Opportunities
Skills, education and keywords
Skills: Matlab Linear, Gurobi, Cplex, Axioma, Scipy, Python, Micro-Services, Restful Apis, Aws, Ci/cd.
Education: Bachelor's degree in a computational field such as Computer Science; Master's degree is preferred.
Frequently asked questions about Principal Quant Developer at Fidelity Investments
What does a Principal Quant Developer at Fidelity Investments do?expand_more
In this Principal Quant Developer at Fidelity Investments role, you will design, build, and enhance a comprehensive portfolio optimization and back testing ecosystem; partner with quant research and investments teams to capture requirements and formulate plans; design highly scalable and low latency systems using python and micro-services; and implement industry scale optimization libraries such as gurobi, cplex, or scipy.
What are the requirements for this Principal Quant Developer role?expand_more
Fidelity Investments is looking for candidates who meet the following requirements: Minimum of 7 years of proven professional experience in financial services; Bachelor's degree in a computational field (Master's preferred); Experience with Python and micro-services/RESTful APIs; Experience with industry scale optimization libraries (Matlab Linear, Gurobi, Cplex, Axioma, SciPy); Experience with AWS cloud environment; and Working knowledge of CI/CD & DevOps.
Where is the Principal Quant Developer role at Fidelity Investments located?expand_more
Principal Quant Developer at Fidelity Investments is based in 3317, Redgate Drive, Durham, Durham County, North Carolina, 27703, United States. This is a on-site role.
Is this Principal Quant Developer job remote, hybrid, or on-site?expand_more
Fidelity Investments has listed this Principal Quant Developer role as on-site.
How much experience is required for this Principal Quant Developer role?expand_more
Principal Quant Developer at Fidelity Investments typically requires 7+ years of relevant experience at the lead level.
What skills do you need for the Principal Quant Developer role at Fidelity Investments?expand_more
Key skills for Principal Quant Developer at Fidelity Investments include Matlab Linear; Gurobi; Cplex; Axioma; Scipy; Python; Micro-Services; and Restful Apis.
What education is required for Principal Quant Developer at Fidelity Investments?expand_more
Educational requirements for this role: Bachelor's degree in a computational field such as Computer Science; and Master's degree is preferred.
What category does the Principal Quant Developer role belong to?expand_more
Principal Quant Developer at Fidelity Investments is part of the it job category on Recrutus.