Squad Lead, Quantitative Development
2 days ago• Boston, MA
New York, NY
Job Description:
The Role:
We are seeking an equity market professional to help merge our systematic trading and analytics products and create a platform that Fidelity Capital Markets clients can use to navigate and execute in an increasingly complex market. The role will focus on evolving products in Fidelity Capital Markets equity offering towards our integrated platform vision.
- Implementing and improving trading algorithms (VWAP, LSA, IS, Dark, etc.) through systematic A/B tests
- Leading coordination across business, trading consultants, data scientists and technology teams to improve product offering and deploy platform solutions
- Modernizing trading infrastructure and data pathways to offer scalable solutions to a wide range of customer demands
- Managing risk through automated fail-safe recovery mechanism, real-time alerting, systematic back testing, documenting systems, processes, jira follow-ups, and resolving real-time production incidents
- Analyzing trading data and deriving solutions to lower transaction cost for our customers
- Demonstrate a strong customer focus, influencing revenue and expense key performance indicators (KPIs).
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The Expertise and Skills You Bring
- Bachelor's Degree with additional experience (Master's or Ph.D. preferred) in Engineering, Computer Science, Applied Mathematics or other relevant quantitative discipline
- 2+ years of experience in systematic trading and Transaction Cost Analysis (TCA) to improve trading algorithms, or experience managing multiple, complex projects simultaneously. Experience in financial services is preferred.
- Series 7, 57, and 63 to be obtained within a time frame set by the business unit
- Your ability to analyze vast amount of data and optimize outcomes of a complex trading system
- Your attention to detail, discipline in execution, and ability to manage multiple projects
- Your eagerness to optimize workflow, create scale and efficiency and learn new things
- Your delight in data and influence through thought leadership using verbal and written communication
- Your knowledge of US Equity market, trading algorithms and market microstructure
- Your ability to lead the end-to-end product delivery lifecycle to beat client expectations
- Your technical knowledge in Python, KDB/Q, Snowflake, Kafka and AWS.
The Team
Our Systematic Trading and Analytics Platform team develops trading capabilities and provides quantitative expertise to the design of next-generation brokerage products in equity market. We build trading infrastructure and create trading algorithms to help clients achieve the best execution. We work with clients to improve their trading strategy, educate them about market structure and trading tools, and provide consultation to help them tackle their unique problems.
Note: Fidelity will not provide immigration sponsorship for this position.
The base salary range for this position is $110,000 - $185,000 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.
Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.
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:
Series 07 - FINRA, Series 57 - FINRA, Series 63 - FINRA
Category:
Capital Markets Product
Client-provided location(s): Boston, MA, New York, NY
Job ID: Fidelity-2122512
Employment Type: OTHER
Posted: 2026-01-15T18:49:06
Perks and Benefits
Health and Wellness
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- FSA
- HSA
- HSA With Employer Contribution
- Fitness Subsidies
- On-Site Gym
- Pet Insurance
- Mental Health Benefits
- Virtual Fitness Classes
Parental Benefits
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
- Adoption Leave
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
- Commuter Benefits Program
- Casual Dress
- Snacks
- Company Outings
- On-Site Cafeteria
- Holiday Events
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
- Leave of Absence
Financial and Retirement
- 401(K)
- 401(K) With Company Matching
- Company Equity
- Performance Bonus
- Relocation Assistance
- Financial Counseling
- Profit Sharing
Professional Development
- Tuition Reimbursement
- Promote From Within
- Mentor Program
- Shadowing Opportunities
- Access to Online Courses
- Lunch and Learns
- Internship Program
- Work Visa Sponsorship
- Leadership Training Program
- Associate or Rotational Training Program
Diversity and Inclusion
Company Videos
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