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Principal Systems Analyst



Jersey City, NJ, USA
Posted on Tuesday, April 30, 2024

Job Description:

JOB TITLE: Principal Systems Analyst, Grade 6

The Role

The Principal Systems Analyst will be responsible for analysis of the current business and technical process, identify system interfaces and dependencies, and document process and system flows. You will help us analyze and reverse-engineer existing mainframe applications, translate them and other requirements into clear technical specifications. These will be critical to build the capabilities in the cloud with the opportunity to gain experience in AWS cloud tech stack as a member of an agile, multi-functional team.

You will collaborate extensively with the squads within the domain as well as across business and technology teams in other domains. The analyst will consult with other business and technical partners to make system impact assessment, identify dependencies and sequencing of work. You will need to gain deep understanding of the existing applications and reverse engineer existing mainframe applications for building modernized application.

You will have the opportunity to share your technical knowledge to help strengthen our engineering community and further pursue your own learning of modernizing mainframe platform. We are looking for someone with a passion for releasing high quality software through iterative software development practices.

The Expertise and Skills You Bring


  • Bachelor or any equivalent degree with computer science background or related discipline.


  • 10+ Years in business critical, enterprise-wide applications. Extensive knowledge and experience in the brokerage business, especially Asset Servicing, Tax Cost Basis, is a major plus.
  • Highly analytical and can assess magnitude and impact of the work, down to the story level.
  • Ability to read and navigate through mainframe technology including COBOL, DB2, VSAM & CICS, MQ.
  • Knowledge in Java, node.js or similar technologies is a plus.
  • Experience with relational databases such as Oracle and non-SQL databases e.g., DynamoDB
  • Moderate to advanced analysis expertise of end-to-end processes, leveraging tools and techniques for presenting and analyzing data including, rest API technologies, SQL, JSON, Postman/Insomnia
  • Data-driven and can measure, collect and use data to make decisions. We understand the value of intuition and the need to balance decisions accordingly.
  • Strong written and verbal and communication skills with technical expertise to drive outcomes and impactfully influence others.
  • Expertise in defining test cases at the right level of detail and define test cases and ensure acceptance criteria matches real business value – i.e., ensure we are testing the right things.
  • Passion to provide guidance on standard methodologies and mentoring support to the other Systems Analysts
  • Knowledge of cloud computing platforms, with a focus on AWS, including familiarity with cloud migration strategies and tools.
  • Ability to navigate through ambiguous circumstances and demonstrate flexibility and adaptability.

The Team

FBT Core Brokerage is modernizing the brokerage platform from legacy mainframe and legacy distributed applications onto AWS cloud platform. The Trades, Tax and Asset Servicing domain is responsible for modernizing several product areas including trades processing, settlements, mutual funds, tax, corporate actions and mutual Funds. We are on a multi-year journey to build and enable modern APIs, services and applications for Operations Services Group and supporting our clients through PI, FI, WI channels.

We are relentless in executing on our priorities - modernization of complex brokerage platform to deliver value to Fidelity and our customers.

Company Overview

At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to complete the application or interview process. Please email us at accommodations@fmr.com or call 800-835-5099, prompt 2, option 2 if you would like to request an accommodation.

The base salary range for this position is $85,000-$179,000 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. Note, the application window closes when the position is filled or unposted.