Demo

Principal Quant Developer

Fidelity Technology Group, LLC
RI Full Time
POSTED ON 7/24/2026
AVAILABLE BEFORE 9/23/2026
Job Description: Note: Fidelity will not provide immigration sponsorship for this position. The Role We are seeking a Principal Quant Developer to join our Quantitative Research and Investments Technology (QRIT) team in Fidelity Asset Management Technology. This role will partner with the quant research and investments teams to design, build, enhance, and support a comprehensive portfolio optimization and back testing ecosystem. This individual will include hands on development collaborating with team of software engineers and quantitative developers. The Expertise and Skills You Bring Minimum of 7 years of proven professional experience working in financial services (Asset Management experienced preferred) Prior experience leveraging industry scale optimization libraries (Matlab Linear, Gurobi, Cplex, Axioma, Gurobi, or SciPy) Experience with Python and micro-services / RESTful APIs Proven ability to design highly scalable and low latency systems Experience working on AWS cloud environment and working knowledge of CI/CD and DevOps Strong experience in system architecture, design patterns and software engineering fundamentals such as OOP, functional programming, data modeling. Advanced understanding of data structures Demonstrated experience with portfolio construction and/or portfolio optimization is a plus Proven ability to capture requirements and formulate plans by partnering with various stakeholders Strong communication, interpersonal and relationship building skills to influence decisions and engage across Fidelity and at all levels of the organization Bachelor’s degree in a computational field such as Computer Science, Master’s degree is preferred 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 $107,000-216,000 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. 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: Information Technology 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 : $107,000

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Principal Quant Developer?

Sign up to receive alerts about other jobs on the Principal Quant Developer career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$97,257 - $120,701
Income Estimation: 
$123,167 - $152,295
Income Estimation: 
$131,745 - $167,716
Income Estimation: 
$150,756 - $194,140
Income Estimation: 
$172,191 - $221,861
Income Estimation: 
$114,549 - $164,025
Income Estimation: 
$153,752 - $200,235
Employees: Get a Salary Increase
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Fidelity Technology Group, LLC

  • Fidelity Technology Group, LLC NH
  • Job Description: Note: Fidelity is not providing immigration sponsorship for this position. The Role Fixed Income Technology is looking for a Principal Sof... more
  • 2 Days Ago

  • Fidelity Technology Group, LLC MA
  • Job Description: Director, Full Stack Software Engineering, Core Custody Note: Fidelity will not provide immigration sponsorship for this position. The Rol... more
  • 2 Days Ago

  • Fidelity Technology Group, LLC NH
  • Job Description: Note: Fidelity will not provide immigration sponsorship for this position The Role Are you looking for an exciting chance to boost perform... more
  • 3 Days Ago

  • Fidelity Technology Group, LLC NJ
  • Job Description: Principal Trading Engineer (Java, Algo, SOR) Note: Fidelity will not provide immigration sponsorship for this position We are currently so... more
  • 3 Days Ago


Not the job you're looking for? Here are some other Principal Quant Developer jobs in the RI area that may be a better fit.

  • Fidelity Technology Group, LLC NJ
  • Job Description: Position Description: Designs and develops high-performance quantitative systems that support trading, risk management, and investment ana... more
  • 3 Days Ago

  • Fidelity Technology Group, LLC MA
  • Job Description: Note: Fidelity will not provide immigration sponsorship for this position. The Role The Quantitative Research & Investing Technology (QRIT... more
  • 3 Days Ago

AI Assistant is available now!

Feel free to start your new journey!