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Senior Mainframe Engineer (COBOL, DB2, VSAM)

Fidelity Investments
Fidelity Investments Salary
Roanoke, TX Full Time
POSTED ON 4/12/2026
AVAILABLE BEFORE 5/18/2026
Job Description

Fidelity Investments Workplace Investing (WI) organization is seeking an experienced mainframe Software Engineer to join our Custom Client Solutions team within the Stock Plan Services (SPS) Technology organization. The person will play a key role in developing and delivering client specific enhancements on our Legacy Application to support our Plan Administration System. This role demands significant collaboration with members of various business and IT groups throughout the lifecycle of a typical project.

Stock Plan Services administers equity compensation programs on behalf of public and private companies offering various compensations programs such as: Employee Stock Purchase Plans, Restricted Stock Awards/Units, Stock Option Plans, Stock Appreciation Rights and Performance based Awards. Currently SPS services over 1.6M participants employed by over 300 clients and spread out in 150 countries. The business is looking to further expand in the international equity compensation market, focused initially on western European countries and companies based there. As part of this business initiative, we are extending our capabilities to enable a truly global platform.

Senior Software Engineer

The Expertise We’re Looking For

  • Bachelor’s degree (or foreign education equivalent) in Computer Science, Engineering, Information Technology, Information Systems, Mathematics, Physics, or a closely related field and five or more (5 ) years of experience in the job offered or five or more (5 ) years of experience as a technical lead in mainframe brokerage or stock plan services systems and application development.
  • Or, alternatively, Master’s degree (or foreign education equivalent) in Computer Science, Engineering, Information Technology, Information Systems, Mathematics, Physics, or a closely related field and three (3) years of experience in the job offered or three (3) years of experience as a technical lead in mainframe brokerage and stock plan services systems and application development.
  • While not required, knowledge of ETL, Informatica, Java, Python, or other distributed languages is a plus

The Purpose of Your Role

Use business and technical knowledge to translate the vision for divisional initiatives into business solutions by developing complex stock plan services software applications on a mainframe platform running under a Z/OS environment.

The Skills You Bring

  • Your Demonstrated Expertise ('DE') in defining, developing, and leading an interactive team to implement scalable application solutions
  • Your DE in mainframe application development, automation, and support, utilizing COBOL, CICS, DB2, JCL, VSAM, MQ-Series, and SQL
  • Your DE in mainframe performance tuning and capacity planning, including ways to reduce I/Os, CPU Time, MSUs, and MIPs, using Strobe, iStrobe, and Platinum Detector
  • Your DE in mainframe application development including - file format and comparison using File-AID; version management using Endeavor; debugging and unit testing using Intertest and Abend-AID; and job scheduling using Control-M

The Value You Deliver

  • Senior engineer working within an Agile team, including requirements gathering, development, and end-to-end testing
  • Defining, developing, and leading interactive team to implement application-level architecture, giving due consideration to application scalability and extensibility, and conformance to established standards
  • Providing on-site and on-call support as needed and acting as a subject matter expert as part of a cross-functional crisis management team
  • Developing applications on complex projects, components, and subsystems for the division
  • Recommending development testing tools and methodologies and reviewing and validating test plans
  • Resolving technical roadblocks involving multiple technologies and making recommendations and improvements to avoid them in the future
  • Collaborating with multiple layers of management to share approaches, develop solutions, and improve capabilities throughout the organization
  • Leading collaborative sessions and ceremonies with stakeholders and providing guidance and feedback to team members
  • Being responsible for QA readiness of software deliverables
  • Planning and conducting system testing
  • Developing comprehensive documentation for multiple applications or subsystems
  • Establishing full project life cycle plans for complex projects across multiple platforms
  • Being responsible for meeting project goals on-time and on-budget
  • Advising on risk assessment and risk management strategies for projects
  • Planning and coordinating project schedules and assignments for multiple projects
  • Acting as a primary liaison for business units to resolve various project/technology issues
  • Providing technology solutions to daily issues and technical evaluation estimates on technology initiatives
  • Performing independent and complex technical and functional analysis for multiple projects supporting several initiatives
  • Developing original and creative technical solutions to on-going development efforts

How Your Work Impacts the Organization

Develops applications and provides support on a mainframe environment, using COBOL, DB2, CICS, JCL, MQ-Series, SQL, and VSAM files. Analyzes and recommends changes in project development policies, procedures, standards, and strategies to development experts and management.

Certifications

Category:

Information Technology

Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles. Some roles may have unique onsite requirements. Please consult with your recruiter for the specific expectations for this position.

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.

Salary.com Estimation for Senior Mainframe Engineer (COBOL, DB2, VSAM) in Roanoke, TX
$91,197 to $120,280
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