Principal Quant Developer
Not Disclosed•Full-TimeOn-site
location_on130, Orteleva Drive, Dyerville, Olneyville, Providence, Providence County, Rhode Island, 02909, United States
About the Team
You will join the Quantitative Research & Investments Technology (QRIT) team within Fidelity Asset Management Technology. Our mission is to empower quant research and investment teams by designing, building, and maintaining a comprehensive portfolio optimization and back-testing ecosystem. We operate at the intersection of advanced financial modeling and high-performance engineering, ensuring our platforms can handle industry-scale data with low latency.
About the Role
As a Principal Quant Developer, you will serve as a bridge between complex quantitative strategies and robust software architecture. This role is designed for a hands-on leader who thrives in a collaborative environment, working directly with software engineers and quantitative developers to evolve our technology stack. You will be responsible for architecting highly scalable systems and translating business requirements into technical solutions that influence decisions across the organization.
Hiring Process
Candidates selected for this role will undergo a structured interview process designed to assess both technical depth and cultural fit. The process typically includes an initial screening, followed by technical deep-dives into system architecture and optimization libraries, and concludes with a team fit discussion.
Equal Opportunity & Compliance
Fidelity is an equal opportunity employer committed to diversity and inclusion. We consider qualified applicants regardless of background. Please note that Fidelity's business is governed by the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, and other federal and state regulations. These laws may restrict hiring individuals with certain criminal histories. The application window closes when the position is filled or unposted.
Work location
Work model: On-site
130, Orteleva Drive, Dyerville, Olneyville, Providence, Providence County, Rhode Island, 02909, United States
Providence, Rhode Island
Key Responsibilities
- check_circleDesign and build a comprehensive portfolio optimization and back testing ecosystem
- check_circleDevelop highly scalable and low latency systems using Python and micro-services
- check_circlePartner with quant research and investments teams to define system requirements
- check_circleManage system architecture, design patterns, and data modeling for financial applications
- check_circleCollaborate with software engineers to implement industry scale optimization libraries
- check_circleInfluence decisions and engage stakeholders across the organization to drive technical strategy
- check_circleDeploy and maintain cloud infrastructure on AWS using CI/CD and DevOps practices
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
- verifiedExperience with micro-services and RESTful APIs
- verifiedExperience with AWS cloud environment
- verifiedExperience with CI/CD and DevOps
- verifiedKnowledge of optimization libraries (Matlab Linear, Gurobi, Cplex, Axioma, SciPy)
- verifiedStrong experience in system architecture, design patterns, OOP, functional programming, and data modeling
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 programEducational assistance including student loan repayment, tuition reimbursement, and learning resources
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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
A Principal Quant Developer at Fidelity Investments is responsible for the following: Design and build a comprehensive portfolio optimization and back testing ecosystem; Develop highly scalable and low latency systems using Python and micro-services; Partner with quant research and investments teams to define system requirements; and Manage system architecture, design patterns, and data modeling for financial applications.
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; Experience with micro-services and RESTful APIs; Experience with AWS cloud environment; and Experience with CI/CD and DevOps.
Where is the Principal Quant Developer role at Fidelity Investments located?expand_more
Principal Quant Developer at Fidelity Investments is based in 130, Orteleva Drive, Dyerville, Olneyville, Providence, Providence County, Rhode Island, 02909, 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.