Fidelity Investments

Principal Liquid Alts Quant Developer

Fidelity Investments

Chicago, IL, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you passionate about developing innovative investment strategies and utilizing cutting-edge technology to drive results? Are you a skilled and experienced quantitative developer with a strong background in liquid alternatives? If so, Fidelity Investments is seeking a Principal Liquid Alts Quant Developer to join our dynamic team. As a leader in the asset management industry, Fidelity is dedicated to continuously evolving and improving our investment offerings. We are looking for a talented individual who can bring their expertise and creativity to help us achieve our goals. Join us in this exciting opportunity and make a significant impact on the future of finance.

  1. Develop and implement innovative investment strategies for liquid alternative products.
  2. Utilize cutting-edge technology to enhance investment processes and drive results.
  3. Conduct in-depth research and analysis to identify potential investment opportunities.
  4. Collaborate with the investment team to design and execute quantitative models.
  5. Monitor and evaluate the performance of investment strategies and make necessary adjustments to ensure optimal results.
  6. Stay up-to-date with industry trends and developments in liquid alternatives.
  7. Utilize statistical and mathematical techniques to analyze investment data and identify patterns.
  8. Develop and maintain strong relationships with key stakeholders and partners.
  9. Lead and mentor a team of quantitative developers and provide guidance on complex investment strategies.
  10. Continuously assess and improve investment processes to enhance efficiency and effectiveness.
  11. Communicate investment strategies and results to various internal and external stakeholders.
  12. Conduct training and knowledge-sharing sessions to educate colleagues on liquid alternative products and strategies.
  13. Collaborate with other departments, such as risk management and compliance, to ensure regulatory compliance.
  14. Participate in industry events and conferences to represent Fidelity's expertise in liquid alternatives.
  15. Contribute to the overall success and growth of the organization by bringing new ideas and strategies to the table.
Where is this job?
This job is located at Chicago, IL, USA
Job Qualifications
  • Advanced Degree In Quantitative Finance Or Related Field: A Successful Candidate For The Principal Liquid Alts Quant Developer Position At Fidelity Investments Should Possess An Advanced Degree (Master's Or Phd) In A Quantitative Field Such As Mathematics, Statistics, Computer Science, Or Finance. This Demonstrates A Strong Foundation In Mathematical And Analytical Skills Necessary For Developing Complex Quantitative Models.

  • Extensive Experience In Quantitative Finance: The Ideal Candidate Should Have A Minimum Of 7-10 Years Of Relevant Experience In Quantitative Finance, Preferably In The Asset Management Industry. This Experience Should Include Developing And Implementing Quantitative Models, Working With Large Datasets, And Utilizing Advanced Statistical Techniques.

  • Strong Programming Skills: The Principal Liquid Alts Quant Developer Will Be Responsible For Developing And Implementing Complex Quantitative Models And Strategies. Therefore, Proficiency In Programming Languages Such As Python, R, And Sql Is Essential. Experience With Machine Learning And Data Visualization Tools Is Also Highly Desirable.

  • Knowledge Of Alternative Investments: Fidelity Investments Offers A Range Of Alternative Investment Products, Including Hedge Funds, Private Equity, And Real Estate. The Ideal Candidate For This Role Should Have A Thorough Understanding Of Alternative Investments And Their Associated Risks, As Well As Experience In Developing Quantitative Models For These Asset Classes.

  • Ability To Work In A Fast-Paced, Collaborative Environment: The Principal Liquid Alts Quant Developer Will Work Closely With Portfolio Managers, Traders, And Other Members Of The Investment Team At Fidelity Investments. Therefore, Strong Communication And Collaboration Skills Are Essential For Success In This Role. The Ability To Work Efficiently And Effectively In A Fast-Paced, Deadline-Driven Environment Is Also Critical.

Required Skills
  • Data Analysis

  • statistical analysis

  • Machine Learning

  • Quantitative Modeling

  • Algorithm development

  • Risk Analysis

  • Portfolio Management

  • Investment Research

  • Trading Strategies

  • Programming Proficiency

  • Financial Markets Knowledge

Soft Skills
  • Communication

  • Conflict Resolution

  • Customer Service

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Principal Liquid Alts Quant Developer in Chicago, IL, USA is $150,000 - $200,000 per year. This range can vary depending on factors such as experience, education, and the specific company or industry the individual is working in. Some Principal Liquid Alts Quant Developers may also receive bonuses or other forms of compensation in addition to their base salary.

Additional Information
Fidelity Investments is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedJanuary 30th, 2024
Apply BeforeMay 22nd, 2025
This job posting is from a verified source. 
Reposted

Apply with Video Cover Letter Add a warm greeting to your application and stand out!

About Fidelity Investments

Fidelity Investments Inc., commonly referred to as Fidelity, earlier as Fidelity Management & Research or FMR, is an American multinational financial services corporation based in Boston, Massachusetts.

Frequently asked questions

Get interviewed today!

JobzMall is the world‘ s largest video talent marketplace.It‘s ultrafast, fun, and human.

Get Started