below marketmost similar roles pay hereabove 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.
The Principal Quant Developer joins the Advanced Strategies and Research Quant Development team to partner with investment teams on portfolio construction, risk management, and alpha research. This role involves leading the full software development lifecycle to build high-quality, robust, and efficient analytical software solutions. You will develop, run, and support quantitative tools in a cloud environment, applying advanced analytics to support investment needs and adding scale, reliability, and repeatability to research. Key technical requirements include proficiency in Python, Java, SQL, and Linux, alongside a deep understanding of software excellence concepts like CI/CD, unit testing, and parallel processing. Candidates must possess sophisticated knowledge of statistics, econometrics, and time series data analysis to solve complex problems within equities, fixed income, or alternative asset classes.
Lead the implementation of research projects through the entire full-stack software development lifecycle.
Develop high-quality, robust, and efficient analytical software solutions to improve investment processes.
Apply advanced analytics and quantitative concepts to support portfolio construction, risk management, and alpha research.
Build and support quantitative tools within a cloud environment for use by investment teams.
Implement software excellence standards including CI/CD, unit testing, performance monitoring, and risk mitigation.
Develop new models and products that provide a competitive advantage in the marketplace.
Add scale, reliability, and repeatability to research using standard software development methodologies.
What we're looking for
Bachelor's degree or above in a quantitative or computational field such as Statistics, Computer Science, or Applied Mathematics.
8 plus years of experience in complex software development and working with investment professionals.
Advanced experience in analytical and software engineering skills including Python, Java, SQL, and Linux.
Sophisticated understanding of quantitative techniques, statistics, and econometrics including probability, linear regression, and time series data analysis.
Deep understanding and implementation of software excellence concepts including CI/CD, unit testing, performance, and observability.
Consistent track record in hands-on development ownership of complex software solutions.
Good experience in either equities, fixed income, or alternative asset classes.
Substantial experience with AWS cloud environment development and deployment (preferred).