Job description
Job details
- Location: Newton, Middlesex County
- Work mode: Onsite
- Employment type: Full-time (Not an internship)
- Salary: USD 247,658 per year
Role overview
Fidelity Investments seeks a Principal Quant Developer to lead high-impact projects in systematic investment strategies, machine learning, and portfolio optimization within their Asset Management Technology group. This role drives innovation in quantitative research and production-grade model deployment.
Job details
Based in Newton, Middlesex County, this full-time position offers a fixed salary of $247,658. The role is onsite and requires a principal-level leader to design cutting-edge solutions for financial modeling, algorithmic trading, and MLOps infrastructure.
Responsibilities
- Collaborate with researchers to prototype new investment strategies
- Develop and optimize machine learning models for financial applications
- Implement scalable solutions for alpha research and portfolio management
- Ensure robust and efficient deployment of quantitative models
- Partner with cross-functional teams to integrate models into production systems
Requirements
- PhD in Quantitative Field (e.g., Mathematics, Finance)
- 10+ years in quantitative development or data science
- Expertise in machine learning and statistical modeling
- Proficiency in Python and R
- Experience with MLOps frameworks and tools
Benefits
- Competitive salary up to $247,658
- Opportunities for professional growth and leadership
- Collaborative, innovative work culture
- Access to advanced financial modeling tools
- Comprehensive employee benefits package
Keywords
Quantitative AnalysisMachine LearningMLOpsPythonFinancial ModelingPortfolio OptimizationAlgorithmic TradingData ScienceStatistical ModelingQuantitative Research