Manager, Product – Systematic Trading

About the role

We are seeking a Product Development professional to lead the evolution of our equity trading and analytics products.

Responsibilities

• Lead the evolution of our equity trading and analytics products, balancing product strategy, roadmap development, and delivery to create a platform clients can use to navigate and execute in an increasingly complex market.
• Evolve products in Fidelity Capital Markets' equity offering towards our integrated platform vision.
• Modernize trading infrastructure and data pathways to offer scalable solutions to a wide range of customer demands.
• Manage risk through automated fail-safe recovery mechanisms, real-time alerting, systematic back testing, document systems, processes, JIRA follow-ups, and resolve real-time production incidents.
• Measure capacity projections to iterate on a roadmap for real-time and historical platform headroom.
• Coordinate the product development lifecycle across business, trading consultants, data scientists, and technology teams to deliver product enhancements and improve platform capabilities.
• Facilitate execution across multiple workstreams by helping manage priorities, track delivery milestones, and resolve cross-functional dependencies.
• Analyze trading data and derive solutions to lower transaction costs for our customers.

Requirements

• A Bachelor's degree with experience in Engineering, Computer Science, Applied Mathematics, or other relevant quantitative disciplines.
• 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.
• The ability to analyze vast amounts of data and optimize outcomes of a complex trading system.
• An attention to detail, discipline in execution, and ability to manage multiple projects.
• An eagerness to optimize workflow, create scale and efficiency, and learn new things.
• A delight in data and influence through thought leadership using verbal and written communication.
• A knowledge of US Equity market, trading algorithms, and market microstructure.
• The ability to coordinate delivery across business, quantitative, and technology teams to bring product enhancements from concept through implementation.
• A technical knowledge in Python, KDB/Q, Snowflake, and AWS.

Qualifications

Your qualifications should align with the following criteria:

• Experience in systematic trading and Transaction Cost Analysis (TCA).
• Knowledge of US Equity market, trading algorithms, and market microstructure.
• Technical skills in Python, KDB/Q, Snowflake, and AWS.
• Ability to coordinate delivery across business, quantitative, and technology teams.
• Strong analytical and problem-solving skills.
• Excellent communication and collaboration abilities.

Skills

• Systematic trading and Transaction Cost Analysis (TCA).
• US Equity market knowledge.
• Technical skills in Python, KDB/Q, Snowflake, and AWS.
• Project management and coordination skills.
• Data analysis and optimization skills.

Benefits

Our benefits package includes:

• Comprehensive health care coverage and emotional well-being support.
• A competitive retirement plan.
• Generous paid time off and parental leave.
• A charitable giving employee match program.
• Student loan repayment and tuition reimbursement programs.
• Learning resources to develop your career.

Pay

The base salary range for this position is $80,000-120,000 USD per year. Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Schedule

Fidelity’s 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.