Fidelity will not provide immigration sponsorship for this position.
Job Description:Position Description:
Designs, develops, and maintains complex mainframe applications using COBOL, CICS, DB2, and VSAM, ensuring high performance, reliability, and scalability. Architects and delivers sophisticated application enhancements driven by regulatory changes, infrastructure modernization, efficiency initiatives, competitive business needs, and strategic organizational objectives, as well as specialized client requests. Uses business knowledge to translate the vision for divisional initiatives into business solutions by developing complex or multiple software applications and conducting studies of alternatives. Analyzes and recommends changes in project development policies, procedures, standards, and strategies to development experts and management.
Primary Responsibilities:
- Participates in architecture design teams.
- Defines and implements application-level architecture.
- Develops applications on complex projects, components, and subsystems for the division.
- Recommends development testing tools and methodologies and reviews and validates test plans.
- Responsible for QA readiness of software deliverables.
- Develops comprehensive documentation for multiple applications or subsystems.
- Establishes full project life cycle plans for complex projects across multiple platforms.
- Responsible for meeting project goals on time and on-budget.
- Advises on risk assessment and risk management strategies for projects.
- Plans and coordinates project schedules and assignments for multiple projects.
- Acts as a primary liaison for business units to resolve various project/technology issues.
- Provides technology solutions to daily issues and technical evaluation estimates on technology initiatives.
- Advises senior management on technical strategy.
- Mentors junior team members.
- Performs independent and complex technical and functional analysis for multiple projects supporting several divisional initiatives.
- Develops original and creative technical solutions to on-going development efforts.
Education and Experience:
Bachelor’s degree in Computer Science, Engineering, Information Technology, Information Systems, or a closely related field (or foreign education equivalent) and five (5) years of experience as a Principal Software Engineer/Developer (or closely related occupation) performing mainframe software development and analysis in financial services applications using COBOL, CICS, JCL, DB2, and VSAM.
Or, alternatively, Master’s degree in Computer Science, Engineering, Information Technology, Information Systems, or a closely related field (or foreign education equivalent) and three (3) years of experience as a Principal Software Engineer/Developer (or closely related occupation) performing mainframe software development and analysis in financial services applications using COBOL, CICS, JCL, DB2, and VSAM.
Skills and Knowledge:
Candidate must also possess:
· Demonstrated Expertise developing, enhancing, and supporting high‑volume z/OS mainframe batch and online applications using COBOL, CICS, DB2, and VSAM; writing COBOL and DB2 stored procedures; performing application analysis and modernization; managing production deployments using z/OS, JCL, DFSORT, IDCAMS, IBM MQ, and CICS TS.
· Demonstrated Expertise designing and delivering cross‑platform solutions spanning z/OS CICS/Batch, Java microservices (Linux/Windows), Pega Platform, Oracle Exadata, and Azure/AWS cloud environments with container and event‑streaming technologies (AKS/EKS, Kafka); performing automated and manual testing (zUnit, JUnit/TestNG, Mockito, Postman, SoapUI, Selenium, JMeter), producing technical documentation (Confluence, Swagger/OpenAPI, Pega App/Dev Studio, Visio), and supporting post‑deployment validation and triage using Splunk/ELK, AppDynamics/Dynatrace, OMEGAMON, and ServiceNow workflows.
· Demonstrated Expertise developing and integrating UI with back-end services using Java, Spring Boot, and Oracle PL/SQL; and developing custom UI components within the Pegasys framework to enhance user interactions.
· Demonstrated Expertise architecting workflow‑ and event‑driven integrations, including Pega and mainframe event streaming via Kafka, secure REST and SOAP/XML services across z/OS Connect EE, Spring Boot, and Pega with OAuth2/JWT; and optimizing performance across CICS, DB2, batch, APIs, and Pega UI using targeted caching and tuning strategies (Spring Cache, Redis, Pega caching, CICS data tables, DB2 buffer pools).
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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.
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.
Skills Required
- Bachelor's degree in Computer Science, Engineering, Information Technology, Information Systems, or a closely related field, or equivalent foreign education
- Five years of experience as a Principal Software Engineer/Developer or closely related occupation with mainframe software development and analysis in financial services applications
- Alternatively, a master's degree in a related field and three years of relevant mainframe software development and analysis experience
- Experience developing, enhancing, and supporting high-volume z/OS mainframe batch and online applications using COBOL, CICS, DB2, and VSAM
- Experience writing COBOL and DB2 stored procedures and performing application analysis and modernization
- Experience managing production deployments using z/OS, JCL, DFSORT, IDCAMS, IBM MQ, and CICS TS
- Experience designing cross-platform solutions spanning z/OS, Java microservices, Pega, Oracle Exadata, Azure/AWS, containers, and Kafka
- Experience with automated and manual testing using tools including zUnit, JUnit/TestNG, Mockito, Postman, SoapUI, Selenium, and JMeter
- Experience with technical documentation, post-deployment validation, and production triage tools
- Experience developing Java, Spring Boot, Oracle PL/SQL, and custom Pega UI components
- Experience architecting workflow- and event-driven integrations using Kafka, REST, SOAP/XML, z/OS Connect EE, Spring Boot, Pega, OAuth2, and JWT
- Experience optimizing performance across CICS, DB2, batch, APIs, and Pega UI using caching and tuning strategies
Fidelity Investments Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fidelity Investments and has not been reviewed or approved by Fidelity Investments.
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Strong & Reliable Incentives — Bonuses, commissions, and profit-sharing are presented as generous and meaningful components of total compensation, with certain roles achieving high total earnings through multiple pay streams. Variable pay is consistently framed as a positive contributor beyond base salary.
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Retirement Support — A 401(k) match up to 7% alongside additional profit-sharing up to 10% materially enhances long-term compensation. These retirement features are highlighted as standout strengths of the overall package.
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Parental & Family Support — Generous paid parental leave (16 weeks maternity, 12 weeks parental), backup dependent care, and adoption assistance provide robust family support. Hybrid work and caregiving resources further ease family responsibilities.
Fidelity Investments Insights
What We Do
At Fidelity, our goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. We do this by focusing on a diverse set of customers: - from 23 million people investing their life savings, to 20,000 businesses managing their employee benefits to 10,000 advisors needing innovative technology to invest their clients’ money. We offer investment management, retirement planning, portfolio guidance, brokerage, and many other financial products. Privately held for nearly 70 years, we’ve always believed by providing investors with access to the information and expertise, we can help them achieve better results. That’s been our approach- innovative yet personal, compassionate yet responsible, grounded by a tireless work ethic—it is the heart of the Fidelity way.
