Posted 4 days ago
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**Join Fidelity as our Director, Junior Quantitative Strategist, driving electronic trading product evolution through data-driven insights.** Key responsibilities include evaluating algorithm performance, analyzing trading outcomes, collaborating with cross-functional teams, and enhancing the Fidelity Service Bureau trading platform. Required skills involve strong analytical and problem-solving abilities, proficiency in Python, q/KDB, SQL, or similar tools, and knowledge of equity market structure and electronic trading. Experience with transaction cost analysis (TCA) is beneficial. Diverse teams enjoy Fidelity's inclusive, supportive workplace, and we're committed to accommodating applicants with disabilities. Note our transition to an onsite working model and securities industry employment history checks.
- Compensation
- $100,000 – $185,000 USD
- City
- Not specified
- Country
- Not specified
Currency: $ (USD)
Full Job Description
Fidelity will not provide immigration sponsorship for this position.
Job Description:
The Role
Fidelity Service Bureau is seeking a Quantitative Strategist to help drive the evolution of our electronic trading products through research, analytics, and data-driven insights. This role combines quantitative analysis, product management, and client engagement. You will evaluate algorithm performance, analyze trading outcomes, and develop insights that improve execution quality for Fidelity Service Bureau clients. Working closely with other quantitative strategists, technologists, product managers, and sales teams, you will identify opportunities to enhance the Fidelity Service Bureau trading platform and deliver innovative solutions to complex execution challenges. You will leverage large-scale trading data, transaction cost analysis, and market microstructure research to support both the ongoing optimization of our algorithm suite and the strategic direction of the product.
The Expertise and Skills You Bring
We are seeking a candidate who combines strong quantitative and technical skills with strong proven collaboration and communication. Success in this role requires the ability to independently analyze complex datasets, develop actionable insights, and communicate findings clearly across technical and business audiences. The ideal candidate is intellectually curious, data-driven, and motivated by solving challenging problems in a fast-paced environment.
Preferred qualifications include:
- Bachelor's or masters degree in computer science, Mathematics, Engineering, Statistics, Finance, or a related quantitative discipline
- Strong analytical and problem-solving skills with the ability to independently investigate complex questions
- Experience working with large datasets using Python, q/KDB, SQL, R, or similar analytical tools
- Experience analyzing time-series data and developing data-driven recommendations
- Knowledge of UNIX/Linux environments and data processing workflows
- Working knowledge of equity market structure, electronic trading, execution algorithms, and institutional trading workflows
- Strong verbal and written communication skills with the ability to explain complex concepts to both technical and non-technical audiences
- Experience evaluating algorithmic execution and transaction cost analysis (TCA) is a plus
- FINRA Series 7, 63, and 57 licenses required within six months of hire
The most successful candidates are intellectually curious, highly analytical, and motivated by using data to improve trading outcomes. They enjoy combining quantitative rigor, market intuition, and technical expertise to solve complex execution challenges.
The Team
The Quantitative Strategist will join a team of experts responsible for delivering and optimizing equity trading solutions for asset managers and hedge funds. You will work closely with various teams including sales, product owners and other quantitative strategists to drive revenue. Teamwork, communication, and organization skills are essential for a successful candidate. In close collaboration with fellow quantitative strategists and technologists, you will research, develop, and deploy novel trading algorithms to improve trading efficiency for our clients. You will also leverage your data and programming expertise to drive scalable analytics efforts across the trading platform.
Fidelitys 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.
Placement in the range will vary based on job responsibilities and scope, geographic location, candidates 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 Fidelitys 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:
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Benefits that balance life and work
From our fully paid parent leave to our on-site health and wellness centers, our benefits support the belief that more balance you have, the better you can achieve your goals.
Company overview
Company overview
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 experience.
Reasonable accommodations
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 contact the HR Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 3.
Equal opportunity employer
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop, and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Applicant screening
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.
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