Principal Python Developer

Fidelity Investments Inc.; Boston (MA); Hybrid; USD 90,000 - 120,000; Full time

Job summary

A leading company is seeking a quantitative software engineer to join their AlphaBet Labs Team in Boston. This role involves collaborating with investment professionals and developing innovative tools to enhance investment strategies. The ideal candidate will have a strong background in software development and financial services, particularly in high yield debt and alternative credit products.

Qualifications

• Experience in financial services and software development.
• CFA or commitment to work towards completing the CFA designation.

Responsibilities

• Support investment professionals in maximizing effectiveness.
• Automate manual processes to save time.
• Analyze investment and operational data.

Skills

Creative problem solver

Data analyst

Collaboration

Education

Bachelor’s degree in Computer Science

Bachelor’s degree in Finance

Tools

Python

SQL

JavaScript

Excel VBA

Job description

Job Description:

The Team

Our high yield team manages over $100B of client assets and invests in US high yield debt, emerging market debt, and a growing list of high yield alternative credit products. As a member of our Labs team, you will collaborate with our high yield team in Boston, interacting directly with traders, portfolio managers, research analysts, and the investment services team to create new and innovative tools. We are looking for a quantitative software engineer with investment domain knowledge to join our AlphaBet Labs Team supporting our High Yield and Credit Alternatives business.

The Expertise You Have

• Creative problem solver with experience in both financial services and software development in Python.
• Bachelor’s degree in Computer Science, Finance, or equivalent work experience.
• CFA or commitment to work towards completing the CFA designation.
• Experience with Private Credit, CLOs, High Yield Loans, Bonds, and Real Estate is a plus.

The Skills You Bring

• You are extremely versatile, comfortable working alongside and communicating with investment professionals as well as developing creative technical solutions in this space.
• You are a robust data analyst comfortable with large datasets, writing queries in SQL, and working with investment analytics and statistics.
• You know how to process, manipulate, and analyze data using Python, JavaScript, and Excel VBA.
• You are interested in the development process as well as the outcome and will help improve our development, testing approach, and deployment infrastructure.
• You are collaborative and team-minded, with the ability to mentor and develop younger members of the team.

The Value You Deliver

• Supporting our investment professionals in maximizing their effectiveness as they research markets, make investment decisions, and trade.
• Automating manual processes to save investment professionals time.
• Supporting new product development with rapid turnaround technical solutions and data analysis to support their rollout.
• Analyzing our investment and operational data and producing oversight reporting for our divisional leadership.

Certifications:

Category:

Information Technology

Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.