Quant Developer (Digital Assets) at Fidelity Investments

London, England, United Kingdom

Fidelity Investments Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Cryptocurrency, DeFiIndustries

Requirements

  • Strong proficiency in a systems language such as C++/Rust
  • Advanced skills in Python, relational databases, and SQL/Snowflake
  • Experience working with blockchain data (e.g., The Graph, Dune, custom node queries) and trading platforms
  • Strong understanding of portfolio construction, risk modeling, and statistical analysis
  • Deep experience with DeFi protocols, protocol mechanics, and smart contracts
  • Understanding of liquidity provisioning, staking, lending, and governance mechanisms
  • Experience with systematic trading or investment strategies in digital assets
  • Ability to design statistically sound experiments and backtests
  • Skilled at extracting signal from noisy, imperfect datasets
  • Structured approach to hypothesis generation, model building, and validation
  • Typically 5+ years of experience in quantitative development/research
  • Prefer 2+ years of experience in digital assets and/or DeFi
  • Advanced degree (MSc or PhD) in a quantitative discipline (e.g., Mathematics, Computer Science, Physics, Statistics)
  • Experience working in a collaborative, cross-functional environment
  • Preferred: Prior experience adapting or extending trading systems
  • Preferred: Familiarity with MEV, gas optimization, and Layer 2 scaling solutions
  • Preferred: Experience with trading infrastructure and execution in decentralized markets
  • Preferred: Demonstrated initiative in research, strategy development, and process improvement

Responsibilities

  • Research and develop yield-generating strategies across DeFi protocols (staking, LPs, lending, re-staking, etc.)
  • Extract, clean, and analyze on-chain data to identify inefficiencies, arbitrage opportunities, and risk-adjusted return profiles
  • Design and execute robust backtests to validate strategy performance
  • Work with existing research frameworks to integrate DeFi-specific functionality
  • Extend and optimize components for on-chain analysis, risk management, and simulated connectivity to decentralized venues
  • Implement enhancements in Rust and Python for performance, reliability, and security
  • Develop metrics and dashboards to monitor strategy performance and market conditions
  • Troubleshoot unexpected behaviors and refine strategies based on real-time feedback
  • Continuously iterate on models and assumptions to adapt to evolving DeFi ecosystems
  • Work closely with the Head of Quant Strategies to align strategy development with business goals
  • Present research findings and performance metrics to team and internal stakeholders
  • Contribute to thought leadership and internal knowledge sharing on DeFi trends and innovations

Skills

Rust
Python
C++
DeFi
on-chain analytics
backtesting
relational databases
staking
liquidity pools
lending
re-staking
arbitrage
risk management

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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