JobsPrincipal Quant Developer
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Principal Quant Developer

Fidelity

Location

Jersey City, NJ

Type

Full-time

Posted

6/17/2026

Compensation

$189,592 - $199,592 per year

Undergraduate with 5+ Years of Experience
Master's with 2+ Years of Experience
Approval 99.8%·Filings 1,603·New hires 169·
💎 Strong Sponsor
·FY 2025

Job description

The Principal Quant Developer will design and develop high-performance quantitative systems that support trading, risk management, and investment analytics. This role involves integrating complex financial data and developing scalable ETL pipelines for real-time and batch processing. The developer will collaborate with research, trading, and technology teams to translate investment strategies into robust systems. The position requires expertise in database architecture and a strong focus on enhancing investment decision-making through advanced statistical techniques.

Requirements

  • Bachelor’s degree in Computer Science, Engineering, Information Technology, Information Systems, or a closely related field and five years of experience as a Principal Quant Developer, or a Master’s degree and three years of experience.
  • Demonstrated expertise in developing quantitative research software using Python, Pandas, and NumPy.
  • Experience in building modular index construction frameworks and implementing rebalancing engines.
  • Proficiency in analyzing and developing Oracle and DB2 database applications within a UNIX environment.
  • Knowledge of creating batch jobs for processing high-frequency, low-latency data pipelines.

Responsibilities

  • Architect the development of quantitative platforms that support multi-asset trading and portfolio analytics.
  • Design and optimize data pipelines and storage solutions for large-scale financial datasets.
  • Collaborate with quantitative researchers to implement and validate models.
  • Apply advanced statistical and machine learning techniques to enhance investment decision-making.
  • Lead cross-functional initiatives involving data engineering and system integration.
  • Mentor and guide junior developers and quants.
  • Drive innovation in system architecture and data strategy.
  • Ensure rigorous testing, validation, and documentation of all systems and models.
  • Act as a technical and strategic thought leader in the quant development space.
  • Provide technology and quantitative solutions to daily issues.

Benefits

  • Fidelity offers competitive compensation, annual bonuses, retirement contributions, comprehensive healthcare coverage, parental leave, tuition assistance, wellness programs, and extensive professional development opportunities.

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