Director, Quant Developer

Overview

Position Description :

Oversees the development of high quality, robust, and efficient analytical solutions to define risk for alternative investment portfolios. Drives the implementation of quantitative research projects throughout the Software Development Lifecycle (SDLC) according to a full-stack implementation approach, using R, Python, PL / SQL databases, and Artificial intelligence (AI) / Machine Learning (ML) toolkits. Builds high quality, robust, and efficient analytical and software solutions to improve investment processes. Analyzes information to determine, recommend, and plan installation of new systems or modification of existing systems. Directs the teams on projects, including portfolio construction, risk management, alpha research, and new quantitative product software development. Generates new insights to support research teams in developing new models and products that will provide an advantage to the organization in the marketplace, using R, Python, SQL, and Linux. Oversees initiatives involving portfolio risk management software and collaborations with cross-functional teams.

Primary Responsibilities

• Identifies business opportunities and evaluates best approaches for predictive or prescriptive analytics.
• Gathers internal and external data (structured or unstructured) from multiple sources using programming languages.
• Implements best practices for model development, iteration, and code management.
• Conducts code reviews.
• Draws key business insights from advanced quantitative analyses and presents findings to broader audience and senior management.
• Supports junior team members in learning and developing analytical solutions.
• Develops and implements a set of techniques or analytics applications to transform raw data into meaningful information, using data-oriented programming languages and visualization software.
• Applies data mining, data modeling, natural language processing, and machine learning for extracting and analyzing information from large structured and unstructured datasets.
• Visualizes, interprets and reports data findings.
• Develops analytical models using data analytics and software development methodologies.
• Applies analytics and quantitative concepts to support investment needs and develop new solutions.
• Identifies and acquires strategic talent needs, resource planning, and talent allocation across the portfolio.
• Manages multiple projects and programs.
• Mentors and coaches junior Quant Developers.

Education and Experience

Bachelors degree in Computer Science, Engineering, Information Technology, Information Systems, or a closely related field (or foreign education equivalent) and five (5) years of experience as a Director, Quant Developer (or closely related occupation) developing software solutions (risk management, portfolio construction, performance analysis, or alpha research) in a financial services environment, using Python and Python data libraries to reorder concepts.

Or, alternatively, Masters degree in Computer Science, Engineering, Information Technology, Information Systems, or a closely related field (or foreign education equivalent) and four (4) years of experience as a Director, Quant Developer (or closely related occupation) developing software solutions (risk management, portfolio construction, performance analysis, or alpha research) in a financial services environment, using Python and Python data libraries to reorder concepts.

Skills and Knowledge

Candidate must also possess :

#PE1M2

#LI-DNI

Certifications

Certifications : Category

Information Technology

Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.

Please be advised that Fidelitys 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.

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