Manager, Quant - Systematic Trading Platform

Fidelity Investments

$80K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in Engineering, Computer Science, Applied Mathematics, or a related quantitative field
  • Experience in creating systematic trading solutions collaboratively with product and tech teams
  • Ability to develop predictive models and optimize trading execution
  • Knowledge in assessing the performance of retail execution and trading algorithms
  • Experience in working with order flow management and electronic trading consultants
  • Hands-on experience in model development and analysis
  • Proficient in Python or KDB/Q programming languages
  • Must possess Series 7, 57, and 63 certifications

Responsibilities

  • Conduct advanced quantitative research to enhance trading strategies
  • Develop models for systematic trading and analytics platforms
  • Build and maintain trading infrastructure for equity and fixed income markets
  • Create custom complex trading algorithms tailored for clients
  • Collaborate with clients to improve trading strategies and educate on market structure
  • Engage with cross-functional teams including desk strategists and electronic trading consultants
  • Lead and coach the quantitative team to deliver impactful research and solutions

Benefits

  • Comprehensive health care coverage
  • Emotional well-being support
  • Market-leading retirement plans
  • Generous paid time off and parental leave
  • Employee match program for charitable giving
  • Educational assistance including student loan repayment and tuition reimbursement
  • Access to learning resources for career development
Full Job Description
NOTE: Fidelity will not provide sponsorship for this position.

The Role

Do you want to make a difference in our customers' lives and be part of a highly collaborative, cross-functional team committed to improving the value of our products within Fidelity Capital Markets? We are looking for a quantitative expert to lead our research in our systematic trading and analytics platforms, coach our quant team to deliver relevant solutions, and help our clients to navigate the market! Responsibilities include conducting advanced quantitative research, developing models for our systematic trading and analytics platform, building and maintaining trading infrastructure for equity and fixed income markets, and creating custom complex trading algorithms for clients

The Expertise and Skills You Bring
  • Master degree in Engineering, Computer Science, Applied Mathematics, or other relevant quantitative discipline
  • Create systematic trading solutions in collaboration with product and tech
  • Create predictive models and apply optimization techniques to improve execution
  • Assess performance of retail execution and trading algorithms
  • Work closely with order flow management, electronic trading consultants, and desk strategists to engage clients
  • Hands on in conducting analysis and developing model for production
  • Experienced knowledge in Python or KDB/Q
  • Series 7, 57 and 63


The Team

Our Systematic Trading and Analytics Platform team develops trading capabilities and provides quantitative expertise to the design of next-generation brokerage products in the equity and fixed income market. We build trading infrastructure and create trading algorithms to help clients achieve the best execution. We work with clients to improve their trading strategy, educate them about market structure and trading tools, and provide consultation to help them take on their unique problems.

Fidelity's Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

The base salary range for this position is $80,000-120,000 USD 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.

Certifications:

Category:

Capital Markets Product

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