Director, Quant Development
Company: Fidelity Investments
Location: Merrimack
Posted on: October 11, 2024
Job Description:
Job Description:Director, Quantitative DevelopmentThe
RoleFidelity'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, NHThe 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 TeamQuantitative
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 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 , 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. 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, , 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 Residential Real
Estate Agent, Accountant, and Bookkeeper and others in the
Accounting and Finance to apply.
Keywords: Fidelity Investments, New England , Director, Quant Development, Executive , Merrimack, Northeast
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