Samantha Romero reflects on #InternationalWomensDay and celebrating what women bring to the table.
Ori, one of our Boston interns, shares his story about why he sees a potential future at Fidelity http://glassdoor.com/slink.htm?key=vQIHm
Fidelity Management & Research (FMR) India is the Global In-house Center of Fidelity Investments. Headquartered in Bangalore, where operations commenced in 2003, FMR India has another fully-functional unit at Chennai and employs over 5,700 associates in India across its Technology, Operations, Analytics and Support Functions.
Our associates are central to our success as an organization. We provide the opportunity to develop your talents and pursue your passions across a large, diversified company that prides itself on our standards of doing business:
Making sound judgments for the long-term benefit of our clients.
Acting in good faith and taking pride in getting things just right for our customers and company.
Treating every moment as an opportunity to improve the lives of our customers, colleagues, and communities.
Using our insights to drive results and solve complex challenges for our clients and organization.
Would you like to work with Fidelity?
Fidelity is one of the world's largest financial services firms. Over the years, our commitment to innovation and pioneering approach to customer service has helped us grow our business and expand our reach. Our primary line of business are as given below.
Fidelity has one of the world's leading asset management businesses, offering an expansive array of global research and investment capabilities for individual and institutional investors. Fidelity holds assets under administration of $5.62 trillion, and manages $2.1 trillion in client assets.
Fidelity is a leading provider of retirement planning, portfolio guidance, brokerage services and many other financial products and services to more than 13 million individual account holders.
Workplace Investing works with employers to build benefit programs for their employees, and provide recordkeeping, investments, and servicing in defined contribution, defined benefit, health & welfare, and stock plan services.
Fidelity Institutional offers clearing, custody, investment products, brokerage and trading services to a wide range of financial intermediary firms. Fidelity Institutional goal is to help clients thrive by supporting the growth of their businesses, enhancing their operational efficiency and delivering insights that help to drive confidence, clarity and results.
FMR India is focused on contributing significantly to the success of Fidelity and its clients through a highly skilled and innovative workforce that is committed to providing strategic solutions and ensuring excellence in execution. The organization is structured efficiently to align with the requirements of the various business lines of the firm globally and to ensure that the most effective solutions are delivered in accelerated timeframes.
FMR India supports these business lines in the US through its Technology, Operations and Analytics divisions . A centralized Support Functions division provides functional support to the various business units.
Technology Services (TS)
Fidelity serves over 25.0 million customers, and technology forms the backbone for engaging with and servicing these customers. Fidelity invests heavily in technology to generate value for its customers. We employ state-of-the-art software engineering and support processes to help our talented workforce develop the right solutions for customers and our internal stakeholders. We aim to deliver the best customer experience in the financial industry, and leverage technology to achieve this.
We make up 25% of the global technology organization, Fidelity India Technology Services (TS) is one of the largest regional technology delivery centers for Fidelity. India associates in Bangalore and Chennai work on a globally integrated delivery model with their colleagues across the U.S., Ireland and China, as well as with external vendor partners.
Enterprise Delivery & Solutions (EDS)
Enterprise Delivery & Solutions (EDS), the operations arm of FMR India, provides a wide spectrum of services catering to various Fidelity businesses. We are closely aligned to the Workplace Investing business that works with employers to build benefits programs for their employees, and provide recordkeeping, investments, and servicing in defined contribution, defined benefit, health and welfare, and stock plan services.
Our strategic intent helps create a highly evolved, global service model for our business partners by focusing on cost efficiency, operational rigor, leveraging the global clock, and a solution-driven mindset.
Business Analytics & Research ( BA&R)
Business Analytics and Research (BA&R) is the analytical arm of FMR India. It is a nearly 400-member strong team and provides holistic exposure to the U.S. financial services industry spanning a range of Fidelity businesses. These businesses include: Fidelity Institutional, Fidelity Institutional Asset Management, Personal Investing, and Workplace Investing.
Our business analysts use a combination of advanced analytics, market research, decision sciences, and investment research to provide tactical and strategic business solutions.
The role of the Support Functions is to enhance the fundamental governance and visibility of critical infrastructure of the organization through a broad range of functions. These include Corporate Audit, Risk Management, Legal, Human Resources, Finance, Corporate Security, Corporate Communications, and FMR India’s Innovation program – Eureka! The teams provide support to the core business groups of the firm, keeping in view the end customer’s best interests at all times.
Our people are our biggest differentiators, and we continue to invest heavily in nurturing and developing our talent. For an organization which started in India in 2003, close to 20% of our associates have completed 10 years in the organization and close to 40% have completed five years, which stands testimony to the connect and engagement that our employees have developed with the organization.
Learning & Development
Working with Fidelity provides you an opportunity to gain deep domain knowledge along with functional expertise. Our work environment provides ample opportunities for on-the-job learning, in addition to the enormous battery of learning programs that are provided. Innovative training programs like Nalanda provide an in-depth understanding of our businesses, which are facilitated by industry-leading training experts. Using simulations and gamification, we continue to push the envelope on innovative training methodologies. We also have a concrete set of leadership programs, which cater to professional development even before an associate is ready to take on the role of a manager.
At FMR India, we focus on the all-round development of our associates, and the wide range of learning opportunities we provide is ample testament to this aspect of our culture.
We take great pride in our work environment, which fosters respect for one another and the spirit of collaboration. Our managers continuously engage with their team members through regular one-to-one meetings, to provide constant feedback and encourage their professional development. Regular leadership broadcasts communicate the firm’s strategy and updates to the entire workforce, which helps align all associates towards the organization’s goals.
We also celebrate the efforts of our associates through a comprehensive rewards program, through which associate achievements are awarded by senior leaders both in the US and in India.
In addition, we organize engagement events throughout the year, both business-focused as well as fun activities, which provide our associates ample opportunities to showcase their talent.
Working with Fidelity provides you an opportunity to gain deep domain knowledge along with functional expertise. We are deeply focused on enabling the holistic development of our associates, by providing them opportunities to rotate across domains and functional areas, and a significant percentage of all our open positions are filled through internal moves. We also have structured rotation programs, which allow associates to do an assignment at one of our international offices.
Our teams are closely integrated with their onsite counterparts, which provides them a great avenue to understand the US business while working as global units.
We have a rich history of innovation, and FMR India continues to progress in this area. We organize regular technology and domain-focused events, including hackathons, which highlight the depth and breadth of our work, while providing our associates an opportunity to take a shot at solving business problems. We have an active innovation program, which encourages associates to file patents and submit ideas that could drive operational efficiencies.
FMR India is keenly invested in hiring from among the world-class talent that graduates every year from top-notch colleges across India. We hire across technology and management institutes for the various businesses in FMR India, for both full-time and internship roles
A Fidelity internship allows you to build your résumé, network with Fidelity associates and gain real professional experience. We recruit interns through a structured hiring program, and offer two-month internship opportunities within all our business units.
We hire associates for all our business units from top management and engineering institutes in FMR India. These hires are provided a comprehensive training program to equip them with the necessary skills for their roles, and to enable them to build professional networks within the FMR India system even before they begin work in their designated roles. These programs also provide them an opportunity to gain a holistic perspective on their roles and on working at FMR India, which enable them to get started quite seamlessly in their work.
Our culture of diversity and inclusion makes us more effective in serving our customers, developing our employees, and strengthening our communities. We promote an environment that embraces collaboration, innovation, and service. Harnessing the power of diversity supports our market leadership — now and into the future.
At FMR India, we are committed to creating an inclusive workplace. Programs like Reverse Mentoring and Multi-generational workshops, enable inclusion of a multi-generational workforce. Global mindset is promoted through initiatives like Culture Sensitivity training programs and the Global Rotation Program (GRP) through which employees get opportunities to experience cultures across global sites. Our gender diversity initiatives are spread across hiring, learning and development, policy modernization and informal interactions. To list a few, RESUME program enables women who have taken a break in their careers, to return to the workforce and the Women in Excellence program is our flagship, leadership development program. FMR India has been an active participant in leading industry conferences such as the Grace Hopper Celebration of Women in Computing and NASSCOM’s Diversity and Inclusion Summit.
I worked at Fidelity Investments full-time (More than a year)
Good place for working and safe for women
No disadvantages to tell about fmr
I interviewed at Fidelity Investments (Bengaluru) in April 2018.
My technical discussions were very professional. It was very neat. After technical round, they explained on team that i will be joining and nature of work for which i had no problems with it. She also told she will try to conduct HR round as well on same day . They asked me to come after lunch to have one discussion with her manager.
That manager was so unprofessional. Am Very sorry to say it. He started off by saying what are you expecting out of Fidelity. I told learning is main for me and would like to work on all cutting edge technology. He started saying we being in banking domain cant use cutting edge technology. I had high regards for fidelity. But with this kind of comments from senior manager where cutting edge technologies are not being used here, it puts down the name of company in front of candidate.There are other ways to deal with it and this was not the way.
Then he said Your profile also tells you have no patience to wait and you have done 3 -4 shifts by changing company in your 6 years which means to say u are unstable. If u don get cutting edge technology you will quit from here as well!! This is how he begun the Interview!
Then i told i am interested in research. I would like to be recognized. He s saying with project timelines you cannot do that n may have to stretch n do it. For everything he has a problem?
He then asked about salary component on how much i am getting in current Organization. i told X lakhs. He told which company u joining and package there?. I told it is Y lakhs. What is expectation? i told Z as i had communicated earlier. He is saying don't make me look like a fool in front of HR's. Don't tell salary which even managers wont get. Don't tell number which other people laughs. Considering your stability factor also into account tell a number so that i will discuss with HR. He made me feel so uncomfortable in process that i had to forcefully tell a lower salary.
I told money is not only criteria. Then he is like we will give u lower than what u r getting will u work for fidelity?
I am recruited with top companies with Oracle n all before. Never faced such situation that too in a manager round .
If they had prob with my salary let them discuss internally. By the way i am very sure Managers are not supposed to discuss anything on salary part with candidates and it is all in hands of HR to do this discussion!