Director, Quantitative Development
The Role
Fidelity’s Asset Management Technology Division is seeking a Director of Quant Development to join their Fixed Income Embedded Quant Development Team in a senior team leadership. This role will have oversight for all data related aspects of quantitative development for Fixed Income and High Income Quantitative Research. You will be ‘embedded’ within the quantitative research team and you will partner with the investment teams on various projects including portfolio construction, risk management, and alpha research. You will build high quality, robust, and efficient analytical solutions that will be used to improve Fixed Income’s investment processes. This role impacts the organization by improving the quality and time-to-market of Research initiatives through a combination of both analytical and software development skillsets. The assignments will include gathering the ideas, conceptualizing them through a programming language, and creating a packaged solution that can be used by the investment professionals.
Primary Location: Merrimack, NH
The Expertise and Skills You Bring
Agile leadership experience or working knowledge of agile organizational models preferred. Ability to provide technical leadership and hands on day-to-day solutions to teams, preparing the design artifacts and implementation of solutions.
Ability to work both independently and with all levels of the organization, including technical and non-technical team members.
Bachelor’s (Masters preferred) in a quantitative or computational field such as Computer Science, Applied Mathematics, Statistics, Engineering.
Excellent communication, interpersonal and relationship building skills to influence decisions and engage across Fidelity and at all levels of the organization. Ability to communicate effectively with multiple stakeholders, including fundamental and quantitative researchers and technology partners.
10+ years of experience in a quantitative/computational environment supporting investment management with Fixed Income asset class securities.
5+ years of experience in designing and developing methods and solutions related to Fixed Income analytics, risk & pricing models.
Full-stack software development knowledge and critical thinking skills to design optimal solutions for computing fixed income security level analytics.
Strong Database and software engineering skills including Oracle, Snowflake, Python, SQL, Linux and AWS cloud platform, shell scripting. Experience with C++/Java is a plus.
Experience with CI/CD infrastructure as code and pipeline as code.
Experience with market data providers like Refinitiv, Bloomberg, eMBS, Core Logic, Lipper, Intex.
Experience in data acquisition/mining, model and application development in a quantitative research environment is a plus.
Experience with Containerization strategies using Docker and Serverless Application Architectures.
The Team
Quantitative Development team is part of Asset Management’s Quantitative Research & Investment Technology group that partners with the Fixed Income investment teams on various projects including portfolio construction, risk management, and alpha research. We build high quality, robust, and efficient high-responsive solutions that are used to improve efficiency and decision-making processes.
The base salary range for this position is $103,000-$218,000 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.
Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
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