Principal Quant Software Engineer at Fidelity Investments

Boston, Massachusetts, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, InvestmentIndustries

Requirements

Strong foundation in quantitative techniques and methods, including statistics, econometrics, probability, linear regression, and time series analysis, with experience applying these to investment research and model development
Expertise in Python, Java, and SQL, leveraging advanced analytics and software engineering skills to build scalable, reliable solutions
Proven ability to implement research projects through the entire software development lifecycle, applying full-stack development and best practices for repeatability and rigor
Experience with AWS cloud development and deployment, and building enterprise cloud-enabled distributed systems
Skilled in data mining, modeling, and advanced analytics, adding scale and reliability to research through software engineering methodologies
Domain knowledge in equities, fixed income, or alternative asset classes, supporting investment needs with innovative solutions
Ability to lead application design efforts, participate in design reviews and code reviews, and ensure quality through test case development and regression testing
Strong understanding of legacy monolithic architectures and expertise in migrating to microservice-based architectures
Consistent track record of hands-on development of complex software solutions, including CI/CD and ATDD practices
Effective collaborator with quantitative and fundamental researchers, divisional partners, and global development teams, thriving in fast-paced environments with competing priorities
Demonstrated technical and organizational leadership, coaching and motivating team members to achieve optimal performance and career growth
Committed to problem-solving, communication, and continuous improvement in engineering practices

Responsibilities

Build high quality, robust, and efficient analytical solutions to improve internal investment processes with quantitative techniques and methods, statistics
Participate in full stack development projects on the front-end User Interface (UIs) and back-end Application Programming Interfaces (APIs) using Java, Python
Apply sophisticated analytics and quantitative concepts to support investment needs and develop new solutions
Add scale, rigor, and repeatability to research through software development standard methodologies
Apply data mining, data modeling, natural language processing, and Machine Learning to extract and analyze information from large structured and unstructured datasets
Lead application design efforts, participate in design reviews and code reviews
Fully engage in product quality plan efforts, including test case development, design and code reviews, and regression testing
Contribute to enhancing engineering practice in the areas of ATDD and CI/CD
Engage in working with global team of developers in leading best practices for software engineering
Work in partnership with Squad members aligned to the Model Management Product Area, demonstrating and promoting Fidelity and agile behaviors to evolve and sustain innovative, agile culture

Skills

Python

Java

SQL

AWS

Statistics

Econometrics

Probability

Linear Regression

Time Series Analysis

Data Mining

Data Modeling

Natural Language Processing

Machine Learning

Full-Stack Development

APIs

Fidelity Investments

Investment management and financial services provider

About Fidelity Investments

Fidelity Investments offers a range of financial services and tools designed to help individuals manage their investments and stay informed about the markets. Their products include mobile applications and market monitoring tools that provide users with real-time market quotes, news, and trading capabilities. For example, the Fidelity Market Monitor for Glass delivers daily market quotes directly to Google Glass, while the Fidelity app for Windows Phone 8 allows users to access news and trading tools on their mobile devices. Additionally, features like the Watch List Visualization for iPad help users track stock price changes over time using a heatmap. What sets Fidelity apart from its competitors is its focus on integrating new technologies and user-friendly interfaces to enhance the investment experience. The goal of Fidelity Investments is to empower individuals with the information and tools they need to make informed financial decisions.

Boston, MassachusettsHeadquarters

1946Year Founded

$120,238.8MTotal Funding

DEBT_FINANCINGCompany Stage

Fintech, Financial ServicesIndustries

10,001+Employees

Benefits

Health Insurance

Mental Health Support

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Parental Leave

Student Loan Assistance

Tuition Reimbursement

Risks

Loss of key personnel like Gita Bal may impact Fidelity's research capabilities.

Increased competition from Vanguard's new division could draw clients away from Fidelity.

Potential reputational risk from Bitcoin ETF outflows could affect Fidelity's offerings.

Differentiation

Fidelity Labs offers innovative beta products like Market Monitor for Google Glass.

Fidelity's mobile solutions are available on multiple platforms, including Windows Phone and iPad.

Fidelity's Open Limit Order Visualization provides unique insights into order execution proximity.

Upsides

Increased adoption of wearable tech could boost Fidelity's mobile solutions.

Growing interest in Bitcoin ETFs suggests expansion in Fidelity's digital asset offerings.

Rise of AI could benefit Fidelity's data analytics and AI-driven investment strategies.

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