Senior Quantitative Developer at Fidelity Investments

Jersey City, New Jersey, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, Asset ManagementIndustries

Requirements

Bachelor's degree (or above) in a quantitative or computational field such as Statistics, Computer Science or Applied Mathematics
5+ years of experience in complex software development and working with investment professionals
Good understanding and implementation of software excellence concepts (Reliability, Extendibility, Resiliency, Flexibility, Pluggability, Intuitive Problem Solving, Risk mitigation, Technical debt, Scope, estimation, quality, CI/CD, Unit testing, Functional testing, Load testing, Parallel Processing, Resource Synchronization, Performance, Monitoring, Alerts, Logging, Tracing, Observability, Supportability etc.)
Experience on Analytical/Software Engineering skills including Python, Shell Scripts, Java, SQL and Linux
Experience in implementation of a research project through the entire software development lifecycle applying a full-stack implementation
Experience with AWS cloud environment development and deployment (a plus)
Good understanding of quantitative techniques and methods, statistics, and econometrics – including probability, linear regression, and time series data analysis
Good experience in either equities, fixed income, or alternative asset classes
Consistent track record in hands-on ‘development’ of complex software solutions
Ability to effectively connect with multiple partners, including fundamental and quantitative researchers, divisional partners
Thrive in working with fast paced competing requirements and effectively delivering business needs

Responsibilities

Lead/Own one or more modules of a research project through the entire software development lifecycle applying a full-stack implementation
Intuitively apply advanced analytics and quantitative concepts to support investment needs and develop new solutions
Add scale, reliability, and repeatability to research through software development standard methodologies
Assist Research teams in developing new models and products that will provide an advantage to the organization in the marketplace
Apply sophisticated analytics and quantitative concepts to support investment needs and develop new solutions
Partner with the investment teams on various projects including portfolio construction, risk management, and alpha research
Contribute to build high quality, robust, and efficient analytical software solutions that will be used to improve investment processes
Develop, run, support all kinds of Quantitative Tools in cloud environment and communicate the same with customers

Skills

Python

Shell Scripts

Java

SQL

Linux

CI/CD

Unit Testing

Cloud

Portfolio Construction

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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