Senior Quantitative Risk Developer - Portfolio & Derivatives

Fidelity; Chicago (IL); On-site; USD 155,000 - 166,000; Full time

Job summary

Fidelity Investments in Chicago seeks a Principal Quantitative Developer to design and maintain risk analytics platforms for portfolios and derivatives. You will develop Python- and SQL-based analytics, validate models, and support VaR and stress testing across liquid and alternative investments.

You will collaborate with risk managers and portfolio teams to deliver data-driven solutions, build dashboards with Power BI, and ensure data quality for regulated reporting in an onsite working

Qualifications

• Bachelor's or Master's degree in a quantitative field with several years of portfolio/derivative risk experience.
• Experience validating and backtesting risk models against historical data and benchmarks.
• Strong programming skills in Python, R, and SQL for analytics and reporting.
• Proven ability to develop, validate, and operationalize risk models and validation workflows.

Responsibilities

• Deliver data-driven investment and portfolio risk solutions across liquid and illiquid products.
• Produce quantitative risk reporting and analytics for market, credit, liquidity, and derivatives risks.

Skills

Python

SQL

R

Quantitative analysis

Risk analytics

Education

Bachelor's degree in Quantitative Finance/Finance/CS

Master's degree in Quantitative Finance/Finance/CS

Tools

Snowflake

Power BI

MSCI RiskMetrics

APIs

Bloomberg data feeds

Job description

Fidelity Investments in Chicago seeks a Principal Quantitative Developer to design and maintain risk analytics platforms for portfolios and derivatives. You will develop Python- and SQL-based analytics, validate models, and support VaR and stress testing across liquid and alternative investments.

You will collaborate with risk managers and portfolio teams to deliver data-driven solutions, build dashboards with Power BI, and ensure data quality for regulated reporting in an onsite working