Career Development

What Does a Fidelity Investments Software Engineer/Developer Do?

Find out what a Fidelity Investments Software Engineer/Developer does, how to get this job, and what it takes to succeed as a Fidelity Investments Software Engineer/Developer.

Fidelity Investments is a financial services company that provides investment management, retirement planning, brokerage, and other financial services to individuals, businesses, and institutions.

A software engineer/developer at Fidelity Investments is responsible for designing, developing, and maintaining software applications and systems. They work closely with other engineers, designers, and product managers to create innovative solutions that meet customer needs. They also work to ensure that the software is secure, reliable, and scalable. Software engineers/developers must have strong problem-solving and communication skills, as well as a deep understanding of software development principles and technologies.

Fidelity Investments Software Engineer/Developer Job Duties

A Fidelity Investments Software Engineer/Developer typically has a wide range of responsibilities, which can include:

  • Design, develop, and maintain software applications for Fidelity Investments
  • Analyze user requirements to determine the best technical solutions that meet business needs
  • Develop code using object-oriented programming languages such as Java, C#, or Python
  • Create unit tests to ensure quality of code and accuracy of results
  • Collaborate with other developers, product owners, and stakeholders to design and implement features
  • Troubleshoot and debug existing applications to identify and resolve issues
  • Monitor application performance and optimize code for maximum speed and scalability
  • Implement security measures to protect data from unauthorized access
  • Research new technologies and tools to improve development processes
  • Participate in code reviews to ensure high standards are met
  • Document all aspects of the development process, including design decisions, coding conventions, and testing procedures
  • Provide technical support and guidance to junior team members

Fidelity Investments Software Engineer/Developer Salary

The salary for a software engineer/developer at Fidelity Investments is determined by a variety of factors, such as the individual’s experience, education, and qualifications. The company also considers the current market rate for similar positions, the job’s location, and the company’s internal salary structure. Fidelity Investments also takes into account the individual’s performance and contributions to the organization. All of these factors are taken into consideration when determining the salary for a software engineer/developer at Fidelity Investments.

  • Median Annual Salary: $157,022 ($75.49/hour)
  • Top 10% Annual Salary: $206,800 ($99.42/hour)

Fidelity Investments Software Engineer/Developer Job Requirements

Fidelity Investments is looking for a Software Engineer/Developer to join their team. To be considered for this position, applicants must have a Bachelor’s degree in Computer Science, Software Engineering, or a related field. Additionally, applicants must have at least two years of experience in software development, preferably in a financial services environment. Knowledge of object-oriented programming languages such as Java, C#, and C++ is also required.

Applicants must also have strong problem-solving and analytical skills, as well as excellent communication and interpersonal skills. The ability to work independently and as part of a team is also essential. Experience with web development technologies such as HTML, CSS, and JavaScript is a plus. Finally, applicants must be able to work in a fast-paced environment and be able to adapt to changing requirements.

Fidelity Investments Software Engineer/Developer Skills

Fidelity Investments Software Engineer/Developer employees need the following skills in order to be successful:

Cloud-based Technologies: Cloud-based technologies are becoming more common in the financial services industry, and many companies are using them to develop their software. As a software engineer or developer, you can expect to work with cloud-based technologies, and your ability to develop software that works well with these systems can be an asset to your employer.

Programming Languages: Programmers use computer languages to create software. The most common programming languages are Java, C++, Python and C#. Fidelity Investments uses Java, C++ and Python, so a knowledge of these languages is helpful.

Database Management Systems (DBMS): DBMS is the software that allows companies to store and manage data. DBMS is a crucial component of software engineering and is often one of the first aspects of a project that a software engineer designs. DBMS is a complex system that requires extensive knowledge of computer science and mathematics.

Software Design & Development: Software design and development is the process of creating software and the tools needed to run it. This process includes planning, creating and testing software. As a software engineer or developer, you may be responsible for designing and developing the software and tools that allow a company to manage its financial records.

Networking Solutions: As a software engineer or developer, you can use your networking skills to build relationships with other professionals in the finance industry. You can also use your networking skills to find out more about the latest software and technology solutions.

Fidelity Investments Software Engineer/Developer Work Environment

Fidelity Investments Software Engineers/Developers work in a fast-paced, dynamic environment. They are expected to work long hours, often up to 10 hours a day, and may be required to work on weekends and holidays. They must be able to work independently and as part of a team, and must be able to handle multiple tasks and projects simultaneously. They must be able to think critically and solve complex problems. They must also be able to communicate effectively with other team members and stakeholders. Fidelity Investments Software Engineers/Developers must be able to work in a highly regulated environment and must be able to adhere to strict security protocols. They must also be able to travel to other Fidelity Investments offices and client sites as needed.

Fidelity Investments Software Engineer/Developer Trends

Here are three trends influencing how Fidelity Investments Software Engineer/Developer employees work.

JavaScript is Still King

JavaScript is still the most popular programming language for software engineers and developers. It’s used to create interactive webpages, build mobile apps, and develop server-side applications. JavaScript has been around since 1995 and continues to be a go-to language for many developers due to its versatility and ease of use.

At Fidelity Investments, software engineers and developers are expected to have a strong understanding of JavaScript and related frameworks such as React and Node.js. As technology advances, it’s important for software engineers and developers to stay up to date on the latest trends in order to remain competitive in the job market. Understanding JavaScript will help them do just that.

Cloud Computing Continues to Boom

Cloud computing is becoming increasingly popular for businesses of all sizes, and Fidelity Investments is no exception. As a software engineer/developer at Fidelity, it’s important to understand the basics of cloud computing and how it can be used to improve efficiency and reduce costs. Cloud computing allows companies to store data in remote servers instead of on-site hardware, which reduces overhead costs and makes it easier to access data from anywhere. Additionally, cloud computing enables developers to quickly deploy applications without having to worry about managing physical infrastructure. This trend will continue to grow as more organizations move their operations to the cloud, making it essential for software engineers/developers to stay up to date with the latest technologies.

Python and R Make Gains in the Data Science Realm

Python and R are two of the most popular programming languages used in data science. Python is a general-purpose language that can be used for web development, scripting, and machine learning. It has become increasingly popular due to its ease of use and wide range of libraries available.

R is a statistical programming language specifically designed for data analysis. It is widely used by statisticians and data miners for developing statistical software and data analysis.

At Fidelity Investments, software engineers/developers need to understand these emerging trends in order to create efficient and effective solutions for their clients. With the increasing demand for data-driven insights, understanding how to utilize Python and R will be essential for future success.

Advancement Prospects

Software engineers and developers at Fidelity Investments have the opportunity to move up the corporate ladder by taking on more responsibility and demonstrating their technical and leadership skills. As they gain experience, they may be promoted to senior software engineer or software architect roles. They may also be given the opportunity to lead a team of software engineers or developers, or to manage a project. With additional experience, they may be promoted to a director or vice president role, or even to a C-level executive position.

Interview Questions

Here are five common Fidelity Investments Software Engineer/Developer interview questions and answers.

1. How often do you like to be in contact with your team when working on a project?

This question can help the interviewer understand how you interact with your team and whether you prefer to work independently or in collaboration. Your answer should reflect a willingness to collaborate with others when necessary, but also an ability to work independently if needed.

Example: “I like to be in contact with my team as often as possible while working on a project. I find that it’s helpful to bounce ideas off of other developers and ask questions about specific aspects of the project. However, I am comfortable working independently for long periods of time if necessary. In fact, I enjoy having the opportunity to focus on one aspect of a project without interruption.”

2. Why do you want to work at Fidelity Investments?

This question can help the interviewer get to know you better and understand why you are a good fit for their company. Use your answer to highlight any personal connections you have with Fidelity Investments or how you learned about the company and its values.

Example: “I want to work at Fidelity because I’ve been using their software since I was in college, and it has helped me manage my finances throughout my life. The company’s dedication to customer service is unparalleled, and I would love to be part of that team. I also think I could bring some unique skills to this role as a developer.”

3. Provide an example of a time when you went above and beyond for a customer.

This question can help the interviewer get a better sense of your customer service skills and how you handle challenging situations. When answering this question, it can be helpful to focus on specific examples that highlight your technical abilities or communication skills.

Example: “In my previous role as a software engineer for an online retailer, I had a customer who was having trouble with their account. They were trying to place an order but kept receiving an error message. After troubleshooting the issue with them over the phone, we determined that they needed to update their credit card information. However, when they tried to do so, they received another error message.

I stayed on the phone with them while they updated their payment information and placed the order again. This time, there were no errors and they successfully completed their purchase. The next day, they emailed me thanking me for all of my help and letting me know that everything went smoothly.”

4. How do you think technology will affect the finance industry over the next 10 years?

This question can help the interviewer get an idea of your thoughts on how technology will affect their company and industry. Use examples from your experience to show that you understand how important it is for finance companies to keep up with technological advancements.

Example: “I believe that in the next 10 years, we’ll see a lot more automation within the financial sector. With AI and machine learning becoming more advanced, I think we’ll start seeing more applications that use these technologies to make processes easier and more efficient. For example, I worked at my previous job as a software engineer where we developed an application that used machine learning to predict customer behavior based on past purchases. This helped our client save money by reducing marketing costs.”

5. When was the last time you made a significant change to your own investing strategy?

This question can help the interviewer get a sense of your investment philosophy and how you apply it to your work. Use examples from past projects where you helped develop new features or tools that changed the way users interacted with their accounts, made changes to existing processes or implemented new strategies for investing.

Example: “I recently started using an online portfolio tracker tool instead of keeping track of my investments in a spreadsheet. I found that this change has allowed me to be more organized and efficient when tracking my progress. It also allows me to spend less time on administrative tasks and more time developing new features and improving existing ones.”

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