Principal Quant Developer

Fidelity Financial Services

Confirmed live yesterday High trust

Quick summary

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

Market check

Salary context

Below market

How this pay compares to similar roles

Similar $195k
This role $162k
$90k $269k
below market most similar roles pay here above market

This role pays less than 85% of similar roles. Most pay $169,550–$220,800 — the blue band above. At the midpoint, this role pays about $162k versus about $195k 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

JOB TITLE: Principal Quant Developer The Principal Quant Developer joins the Quantitative Research & Investing Technology team to support researchers in prototyping and delivering new systematic investment strategies. This role involves building high-quality, scalable, and robust solutions for alpha research, portfolio construction, and risk management. The developer will design and implement quantitative models for systematic financial investments, including time series forecasting and multi-asset class strategies. Key technologies include Python, PL/SQL, and Oracle databases, alongside experience with AWS services like Lambda, S3, EKS, and EC2. Core competencies involve object-oriented programming, unit testing, and CI/CD pipelines using Jenkins and GitHub. The role requires deep knowledge of mathematics, statistics, and econometrics to solve complex problems in systematic investing, trading environments, and operationalizing machine learning models.

What you'll do

  • Design and implement quantitative models for systematic financial investments using Python.
  • Develop high-quality, scalable software solutions for alpha research, portfolio construction, and risk management.
  • Construct and manage robust data pipelines and event-driven workflows using SQL and batch scheduling tools.
  • Build and maintain production-grade REST APIs using frameworks like FastAPI and Flask.
  • Design and deploy cloud architecture on AWS using services such as Lambda, S3, and EKS.
  • Implement CI/CD pipelines and manage infrastructure as code using Jenkins, GitHub, and Docker.
  • Operationalize ML models and LLM-based workflows using MLOps principles and AWS SageMaker.
  • Translate quantitative research requirements into production-ready software throughout the full development lifecycle.

What we're looking for

  • Bachelor's degree in a relevant field and six years of experience as a Senior Quant Developer.
  • Master's degree in a relevant field and four years of experience as a Lead Quantitative Development.
  • Expert in Python with full-stack experience, OOP, design patterns, and unit testing frameworks.
  • Strong knowledge of mathematics, statistics, and quantitative finance including probability, linear regression, and time series analysis.
  • Experience building production quant solutions for systematic investing using Python, PL/SQL, and optimization libraries (preferred).
  • Skilled in SQL (Oracle), batch scheduling (Autosys, Airflow), REST APIs (FastAPI, Flask), and AWS cloud architecture.
  • Experience with Docker, Jenkins, GitHub, and Infrastructure as Code methodologies.
  • Experience operationalizing ML models and LLM-based workflows on AWS using MLOps principles (preferred).

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