Principal Quant Developer

About the role

Fidelity will not provide immigration sponsorship for this position.

The Role

We are seeking a Principal Quant Developer to join our Quantitative Research & Investments Technology (QRIT) team in Fidelity Asset Management Technology. This role will partner with the quant research and investments teams to design, build, enhance, and support a comprehensive Systematic Alternatives portfolio construction and Management System. This individual will include hands-on development collaborating with team of quantitative researchers, software engineers and quantitative developers.

The Expertise and Skills You Bring

• Bachelor’s degree in Computer science, Engineering, Mathematics, Statistics, Finance, or a related quantitative discipline; Master's degree preferred.
• 7+ years of experience in Asset Management, Hedge Funds, Quantitative Investing, or Financial Services.
• Strong understanding of systematic investment strategies, portfolio construction, risk models, and performance attribution.
• Experience working with financial instruments such as Futures, Interest Rate Swaps (IRS), Total Return Swaps (TRS), and FX Forwards is highly desirable.
• Experience building research and portfolio management platforms, quantitative libraries, analytics engines, and investment workflows.
• Advanced programming expertise in Python, with strong software engineering practices; Java experience is a plus.
• Strong knowledge of data structures, algorithms, object-oriented design, functional programming, and distributed systems.
• Experience developing microservices, REST APIs, and event-driven architectures supporting investment applications.
• Hands-on experience with SQL databases including Oracle and Snowflake.
• Experience developing and deploying applications on AWS.
• Strong understanding of CI/CD pipelines, DevOps practices, infrastructure automation, and production support.
• Demonstrated ability to collaborate with quantitative researchers and portfolio managers to translate investment concepts into scalable technology solutions.
• Proven track record of gathering requirements, influencing technical direction, and delivering strategic platforms.
• Strong communication and stakeholder management skills with the ability to operate effectively across investment, research, and technology organizations.

The Team

• Asset Management Technology (AMT) provides worldwide technology and support to all the Investment Management, Research, Trading, and Investment Operations functions.
• We are seeking a Principal, Quant Developer, to join our Quantitative Research & Investing Technology organization.
• This role will be part of our Quantitative Engineering team, which is responsible for delivering & maintaining solutions for Quant Research team.

Fidelity’s Onsite Working Model

• Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles.
• Currently, some roles and locations require 100% onsite presence, while others require less.
• Onsite expectations are likely to evolve as the rollout continues.
• This transition does not apply to fully remote roles.

Pay and benefits

The base salary range for this position is $107,000-216,000 USD per year.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

Certifications

Category: Information Technology