Job Description:
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.
Certifications:
Category:
Business AnalysisPlease 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.
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Benefits that balance life and work
From our fully paid parent leave to our on-site health and wellness centers, our benefits support the belief that more balance you have, the better you can achieve your goals.
Company overview
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 experience.
Reasonable accommodations
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation contact the HR Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 3.
Equal opportunity employer
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop, and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Applicant screening
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.