Associate, Systematic Trading Product Development

Equity Market Professional

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 smart order routers through systematic A/B tests

Enhancing 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

Working closely with business, trading consultants, data scientists and technology teams to improve product offering

Analyzing trading data and deriving solutions to lower transaction cost for our customers

Facilitating revenue and expense management across platform product offerings

The expertise and skills you bring:

A Bachelor's with experience degree in Engineering, Computer Science, Applied Mathematics or other relevant quantitative discipline

Experience in systematic trading and Transaction Cost Analysis (TCA) to improve trading algorithms

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 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 $80,000 - $120,000 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.

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.