Demo

Quantitative Risk Developer

Fidelity Management & Research Company LLC
NJ Full Time
POSTED ON 3/19/2026
AVAILABLE BEFORE 5/19/2026
Job Description: The Role Quantitative Research and Investments (QRI) is seeking a highly motivated and experienced Quantitative Risk Developer to join our team in building Fidelity's next-generation portfolio analytics platform. The portfolio analytics platform is leveraged across Fidelity by investment professionals for risk management, portfolio construction, and alpha research. This is a unique opportunity to make a significant impact on how Fidelity manages risk and constructs portfolios across asset classes. The next-generation portfolio analytics platform is a greenfield project in which Fidelity is making a significant investment over multiple years. The successful candidate will work closely alongside quantitative researchers in writing the core portfolio analytics libraries and with technologists to deploy them in the production risk environment. The role sits within the Quantitative Research and Investments (QRI) Group. QRI is responsible for the management and development of quantitative investment strategies and solutions for Fidelity retail and institutional clients. QRI also provides high quality quantitative, data-driven support to Fidelity’s fundamental investment professionals, ensuring they have access to the most relevant data and advanced quantitative analysis. quantitative research/business side. The Value You Deliver Design, develop, and implement core risk capabilities for Fidelity’s risk management platform, focusing on: Multi-asset class ex-ante risk modeling Performance attribution analysis Stress testing and scenario analysis Collaborate with quantitative risk managers to build cutting-edge tools and software libraries, advancing our analytical capabilities Apply software development best practices to optimize run-time performance, scalability, and robustness of the platform Partner with technologists to ensure seamless integration of quant codebase with existing systems, data infrastructure, and production environments Engage with investment professionals across Fidelity Asset Management to understand their evolving needs and ensure the risk platform meets their business requirements. Education and Experience Master’s degree with an outstanding academic record in a technical field such as science, engineering, or mathematics, with 5 years of experience as a quant developer for an investment firm. Bachelor’s degree with 7 years of relevant experience may be considered. The Skills You Bring Expert Python programming skills with a strong emphasis on libraries used in quantitative finance, including NumPy and SciPy Experience implementing quantitative models and applications for risk management or portfolio construction highly preferred Good understanding of software version control with strong Git proficiency, testing methodologies, code reviews, documentation, and other best practices Understanding of AI/ML fundamentals; familiarity with tools like GitHub Copilot; experience applying AI techniques for time series data anomaly detection Preferred practical experience building interactive Python GUIs (e.g., Dash, Streamlit) Strong communication skills with the ability to effectively convey complex technical information to both technical and non-technical audiences The base salary range for this position is $100,000 - $200,000 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 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. 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. Some roles may have unique onsite requirements. Please consult with your recruiter for the specific expectations for this position. 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: Category: Investment Professionals At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer. 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 please contact the following: For roles based in the US: Contact the HR Leave of Absence/Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 2 For roles based in Ireland: Contact AccommodationsIreland@fmr.com For roles based in Germany: Contact Accommodationsgermany@fmr.com Fidelity Privacy Policy

Salary : $100,000 - $200,000

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