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Director, Quant Development

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Fidelity TalentSource LLC

2024-10-01 09:48:56

Job location Merrimack, New Hampshire, United States

Job type: fulltime

Job industry: I.T. & Communications

Job description



Job Description:

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.





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 Glassdoor Employees Choice Award , 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.

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 all business days of every other week in a Fidelity office.

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, detailed in this document , 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 .

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