Principal Quant Developer

Fidelity Financial Services

Confirmed live 2 days ago High trust

Quick summary

Work type
On-site
Location
Boston, MA
Salary
$107,000–$216,000 / yr
Posted
5 days ago
Freshness
Confirmed live 2 days ago

Market check

Salary context

Below market

How this pay compares to similar roles

Similar $193k
This role $162k
$89k $278k
below market most similar roles pay here above market

This role pays less than 85% of similar roles. Most pay $169,550–$217,400 — the blue band above. At the midpoint, this role pays about $162k versus about $193k for comparable roles.

Based on 240 similar postings.

Employer

About Fidelity Financial Services

Fidelity Investments is one of the largest financial services companies in the world, offering brokerage services, mutual funds, retirement planning, wealth management, and life insurance to individuals and institutions. Industry: Financial Services & Investment Management

Fidelity Financial Services currently has 141 open roles on FindRole.

Listed pay typically runs $107,000–$216,000 across 35 roles with salary data.

Most-posted roles

View all roles at Fidelity Financial Services

At a glance

TL;DR · Principal Quant Developer

The Principal Quant Developer joins the Quantitative Research & Investments Technology team within Asset Management Technology. This role involves partnering with quantitative researchers and software engineers to design, build, enhance, and support a comprehensive Systematic Alternatives portfolio construction and Management System. The developer will perform hands-on development of research and portfolio management platforms, quantitative libraries, analytics engines, and investment workflows. Key responsibilities include translating investment concepts into scalable technology solutions for systematic investment strategies, risk models, and performance attribution. Required technical skills include advanced Python programming, software engineering practices, and knowledge of data structures, algorithms, and distributed systems. The role utilizes Java, SQL databases like Oracle and Snowflake, AWS, and REST APIs. Domain expertise includes experience with Futures, Interest Rate Swaps, Total Return Swaps, and FX Forwards.

What you'll do

  • Design, build, and enhance a comprehensive Systematic Alternatives portfolio construction and management system.
  • Develop quantitative libraries, analytics engines, and investment workflows for research and portfolio management.
  • Translate investment concepts from quantitative researchers into scalable technology solutions.
  • Build and maintain microservices, REST APIs, and event-driven architectures for investment applications.
  • Develop and deploy applications on AWS using CI/CD pipelines and infrastructure automation.
  • Manage data using SQL databases including Oracle and Snowflake.
  • Provide production support and technical direction for quantitative research and investment platforms.

What we're looking for

  • 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.
  • Advanced programming expertise in Python with strong software engineering practices; Java experience is a plus (preferred).
  • Experience building research and portfolio management platforms, quantitative libraries, analytics engines, and investment workflows.
  • Experience developing microservices, REST APIs, and event-driven architectures; hands-on experience with SQL databases (Oracle, Snowflake) and AWS.
  • Experience working with financial instruments such as Futures, Interest Rate Swaps, Total Return Swaps, and FX Forwards (preferred).

More like this

Similar roles

Principal Quant Developer

Fidelity Financial Services

Boston, MA 6 days ago $107,000–$216,000
Python Java SQL AWS Linux CI/CD Unit Testing Functional Testing Load Testing Parallel Processing Linear Regression Statistics Econometrics Monitoring Logging Tracing Observability
8+ yrs exp

Principal Software Developer

Oracle

Austin, TX +4 103 days ago $96,800–$223,400
Oracle Cloud Infrastructure (OCI) Distributed Systems Java C++ C# Go APIs Object-Oriented Design Data Structures Algorithms Production Operations
7+ yrs exp

Principal Software Developer

Oracle

Seattle, WA +1 103 days ago $114,600–$234,600
C/C++ Python Java Scala Go VPN IPSec Terraform Chef Ansible Linux Distributed Systems Network Programming Cloud Computing System Design
9+ yrs exp

Principal Software Developer Engineer

Fortinet

Sunnyvale, CA 169 days ago $170,000–$240,000
C C++ Linux Kernel Device Drivers Marvell CPSS SDK KVM VMware TCP/IP BGP OSPF RIP IS-IS STP RSTP LACP LLDP QoS Python Embedded Systems
10+ yrs exp

Principal Software Development Engineer

Oracle

Seattle, WA +2 153 days ago $114,600–$234,600
Oracle Cloud Infrastructure (OCI) Key Management Service (KMS) Hardware Security Modules (HSM Distributed Systems Linux Unix Microservices Relational Databases NoSQL Data Structures Algorithms Encryption-at-rest SaaS Storage Services
10+ yrs exp

Principal Software Development Engineer

Comcast

Philadelphia, PA 25 days ago $188,925–$296,269
Linux C C++ Golang Python Docker Kubernetes Microservices Distributed Systems DOCSIS CMTS vCMTS PON Messaging Event-driven Architecture Telemetry Network Infrastructure
10+ yrs exp