Note: Fidelity is not providing immigration sponsorship for this position
The Role
The Senior Business Analyst – Compensation is responsible for supporting the design, configuration, and execution of enterprise compensation platforms. This role partners with HR, Compensation, Business and Technology teams to translate compensation strategies into system functionality while ensuring requirement accuracy. This role blends product development, deep HR/Compensation expertise, and strong analytical capabilities to ensure our compensation planning experiences are intuitive, scalable, and aligned with business needs.
The Team
You’ll serve as a key contributor within the Enterprise HR Tools & Platforms team, supporting Fidelity’s suite of internal compensation, data, and analytics tools. As part of a squad focused on elevating the digital experience for HR, Compensation and Business users, you’ll drive efficiency and help advance the modernization of the HR Platforms based on business objectives.
Working closely with Compensation SMEs, HR business units, engineering, design, and business leaders, you’ll translate complex requirements into clear functional specifications, user stories, and solution designs while ensuring those features are deployed to production as requested. Your work will help shape the future roadmap of our compensation platforms and ensure continuous improvement, strong data integrity, and a seamless, user‑centered experience across the tools.
The Expertise and Skills You Bring
Bachelor’s degree or equivalent practical experience in Information Systems, Business, HR, Analytics, or a related field.
5+ years of experience as a Business Analyst or Systems Analyst, ideally supporting HR or compensation platforms.
Proficiency in data mapping, data validation, and advanced Excel (VLOOKUP/XLOOKUP, pivot tables, comparison formulas).
Strong background in requirements gathering, documentation, functional specifications, and user story creation.
Experience with test planning, UAT execution, and defect management in an agile environment.
Strong analytical and problem‑solving skills with exceptional attention to detail and data accuracy.
Excellent written, verbal, and interpersonal communication skills, with the ability to translate between technical and non‑technical audiences.
Ability to interpret processes and translate them into system logic, configurations, and scalable workflows.
Comfort working in agile product teams, including backlog refinement, sprint ceremonies, and cross‑functional collaboration.
Ability to independently break down complex problems, explore assumptions, ask clarifying questions, and connect data, process, and policy.
Proactive mindset focused on continuous improvement, identifying opportunities to streamline processes or enhance user experience.
Ability to provide technical guidance to peers and support internal discussions, workshops, and solution‑design sessions.
Trusted partner who builds strong relationships with business stakeholders and collaborates effectively across multiple teams.
Proactive mindset with a focus on continuous improvement, offering value‑added insights and seeking feedback to refine solutions.
Comfortable working in agile product teams, including backlog refinement, sprint ceremonies, and cross‑functional collaboration.
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 or equivalent practical experience in Information Systems, Business, HR, Analytics, or related field.
- 5+ years of experience as a Business Analyst or Systems Analyst, ideally supporting HR or compensation platforms.
- Proficiency in data mapping, data validation, and advanced Excel (VLOOKUP/XLOOKUP, pivot tables, comparison formulas).
- Strong background in requirements gathering, documentation, functional specifications, and user story creation.
- Experience with test planning, UAT execution, and defect management in an agile environment.
- Strong analytical and problem-solving skills with exceptional attention to detail and data accuracy.
- Excellent written, verbal, and interpersonal communication skills, able to translate between technical and non-technical audiences.
- Ability to interpret processes and translate them into system logic, configurations, and scalable workflows.
- Comfort working in agile product teams, including backlog refinement, sprint ceremonies, and cross-functional collaboration.
- Ability to independently break down complex problems, explore assumptions, ask clarifying questions, and connect data, process, and policy.
- Proactive mindset focused on continuous improvement and streamlining processes to enhance user experience.
- Ability to provide technical guidance to peers and support internal discussions, workshops, and solution-design sessions.
- Trusted partner who builds strong relationships with business stakeholders and collaborates effectively across multiple teams.
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.
