Director, Quant Development

Company: Fidelity Investments
Location: Boston
Posted on: February 8, 2025

Job Description:

Director, Quant Development at Fidelity Investments summary:
As the Director of Quantitative Technology Development, you will lead efforts in defining and developing technology products to address complex research problems for investment professionals. You will leverage your extensive software engineering experience to create solutions that support portfolio optimization and enable experimentation methodologies. This role requires collaboration with senior executives and a focus on delivering technology innovations in a fast-paced environment.
Job Description:Director Quant Development - Portfolio OptimizationThe RoleAs a Director of Software engineering, Quantitative Technology Development team, you will play a key role in defining and developing technology products to solve research problems for investment professionals and senior management executives leading strategic Quantitative research initiatives. You will distill abstract research-oriented problems to technology solutions and execute them quickly. You will work closely with senior executives, portfolio managers, analysts and researchers to deeply understand experimentation methodology and enable faster, better experiments using technology solutions. You will be collaborating with other technology team members in a dynamic and fast-paced environment. The Expertise & Skills You Bring

• 10+ years' hands on experience with software engineering
• Development experience using Python (Design, Develop, Test, Debug, Deploy)
• Exposure to test automation frameworks (unit & integration)
• Experience with RESTful APIs
• AWS cloud environment and understanding of CI/CD & DevOps
• Experience with numerical-analysis software libraries is a plus.
• Experience with portfolio optimization and back-testing is a plus.
• Object Oriented development experience, ideally with Python or Java
• Experience working with SQL and PL/SQL on Database (Oracle, Snowflake)
• Degree in a computational field such as Computer Science
• Focus on delivering customer value in a challenging environment.
• Understand and adapt to changing business priorities.
• Strong knowledge of technology trends in implementing business applicationThe TeamAsset Management Technology (AMT) provides worldwide technology and support to all the Investment Management, Research, Trading, and Investment Operations functions. We are seeking a Director, Quant Software Engineer 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 specifically building out solutions for portfolio optimization and back-testing.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.Fidelity's hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.Certifications:Company Overview Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money. Join Us At Fidelity, you'll find endless opportunities to build a meaningful career that positively impacts peoples' lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a , we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don't need a finance background to succeed at Fidelity-we offer a range of opportunities for learning so you can build the career you've always imagined. blends the best of both onsite and offsite work experiences. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite. At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, , and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine. We invite you to Find Your Fidelity at . Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to .
  We welcome those with experience in jobs such as General, General, and General and others in the General to apply.
  
  Keywords:
  Software Engineering, Quantitative Research, Portfolio Optimization, Python Development, Cloud Technologies, DevOps, API Development, Financial Technology, Numerical Analysis, Database Management
  

Keywords: Fidelity Investments, Boston , Director, Quant Development, Executive , Boston, Massachusetts