Fidelity Investments Research Scientist Interview Questions + Guide in 2025

Fidelity Investments is a leading financial services company dedicated to enhancing the financial well-being of its clients through investment and planning solutions.

As a Research Scientist at Fidelity, you will be an integral part of a behavioral economics research team focused on understanding the psychology behind financial decisions. Your primary responsibilities will include designing and executing experiments to analyze how investors think and feel about their financial choices. This role requires a deep passion for behavioral research, as you will leverage your expertise to help millions of people make informed decisions regarding their wealth, health, and happiness.

To excel in this position, you should possess a PhD in Psychology, Affective Science, Neuroscience, Behavioral Economics, or a related field, along with at least five years of research experience in behavioral economics or judgment and decision-making. A strong understanding of financial services or FinTech is highly preferred, as is the ability to collaborate with diverse business partners to identify needs and deliver impactful solutions. You will need to gather and analyze large datasets, synthesizing your findings into compelling recommendations that inform strategic business decisions. Proficiency in statistical techniques and data visualization tools will be crucial, as will your ability to communicate complex insights to varied audiences.

In alignment with Fidelity's commitment to diversity and inclusion, your unique background and experiences will contribute to enhancing the research and insights team's breadth. You will thrive in a fast-paced environment, demonstrating emotional intelligence and strategic thinking. Your passion for mentoring and building relationships will be vital as you work closely with partners across the organization to drive positive changes in financial habits and overall well-being.

This guide aims to prepare you for the interview process by highlighting the skills and experiences that will set you apart as a candidate for the Research Scientist role at Fidelity Investments. With this preparation, you will be equipped to articulate your qualifications and demonstrate your fit for this impactful position.

The interview process for a Research Scientist at Fidelity Investments is structured and thorough, reflecting the company's commitment to finding the right fit for their behavioral economics research team. The process typically unfolds in several key stages:

1. Initial Phone Screening

The first step is a phone screening, usually lasting around 30 to 45 minutes. This conversation is typically conducted by a recruiter or HR representative. During this call, candidates can expect to discuss their background, motivations for applying, and relevant experiences. Behavioral questions are common, focusing on how candidates align with Fidelity's values and culture. This is also an opportunity for candidates to express their interest in behavioral research and how they can contribute to the team.

2. Technical Interview

Following the initial screening, candidates may be invited to a technical interview. This round often involves a deeper dive into the candidate's research experience and technical skills. Expect questions related to statistical techniques, data analysis, and the application of behavioral science principles. Candidates may be asked to discuss specific projects they have worked on, showcasing their ability to synthesize and communicate research findings effectively. This interview may also include scenario-based questions to assess problem-solving skills and the ability to apply theoretical knowledge in practical situations.

3. Behavioral Interview

The next stage typically involves a behavioral interview, which may be conducted by team members or senior management. This round focuses on assessing the candidate's interpersonal skills, emotional intelligence, and ability to collaborate with diverse teams. Candidates should be prepared to answer questions using the STAR (Situation, Task, Action, Result) method, providing concrete examples of past experiences that demonstrate their capabilities in a team-oriented environment.

4. Final Interview

The final interview often includes a panel of interviewers, which may consist of senior researchers, managers, and other stakeholders. This round is designed to evaluate the candidate's fit within the team and their potential to contribute to Fidelity's mission. Candidates may be asked to present their research or discuss how they would approach specific behavioral economics challenges. This is also an opportunity for candidates to ask questions about the team dynamics, ongoing projects, and the company's vision for behavioral research.

Throughout the interview process, candidates should emphasize their passion for behavioral research, their ability to analyze complex data, and their experience in applying behavioral science to real-world problems.

As you prepare for your interview, consider the types of questions that may arise in each of these stages, focusing on your unique experiences and insights in the field of behavioral economics.

Here are some tips to help you excel in your interview.

Understand the Behavioral Focus

Fidelity Investments places a strong emphasis on behavioral research, so be prepared to discuss your understanding of behavioral economics and how it applies to financial decision-making. Familiarize yourself with concepts like nudging, choice architecture, and message framing. Be ready to share specific examples from your past work that demonstrate your ability to apply these principles effectively.

Prepare for a Mix of Technical and Behavioral Questions

Expect a blend of technical and behavioral questions throughout the interview process. While technical questions may focus on your research methodologies and statistical analysis skills, behavioral questions will likely assess your fit within the company culture. Use the STAR (Situation, Task, Action, Result) method to structure your responses, particularly for behavioral questions. This will help you articulate your experiences clearly and effectively.

Showcase Your Collaborative Skills

Fidelity values collaboration across diverse teams. Be prepared to discuss how you have successfully partnered with various stakeholders in previous roles. Highlight instances where you identified needs and delivered solutions that positively impacted business outcomes. This will demonstrate your ability to work effectively in a team-oriented environment.

Communicate Your Passion for Behavioral Research

Your enthusiasm for behavioral research should shine through in your responses. Fidelity is looking for candidates who are not only knowledgeable but also passionate about helping others make better financial decisions. Share your motivations for pursuing this field and how you envision contributing to Fidelity's mission of improving clients' financial well-being.

Be Ready to Discuss Data Analysis Techniques

Given the emphasis on statistical techniques in the role, be prepared to discuss your experience with data analysis tools and methodologies. Familiarize yourself with common statistical tests (e.g., t-tests, ANOVA) and be ready to explain how you have used these techniques in your research. If you have experience with software like R, SPSS, or Stata, be sure to mention it.

Emphasize Emotional Intelligence

Fidelity seeks candidates with strong emotional intelligence, particularly in understanding the needs and preferences of diverse populations. Be prepared to discuss how you have demonstrated empathy and adaptability in your previous roles. Share examples of how you have navigated complex interpersonal dynamics to achieve positive outcomes.

Prepare for a Structured Interview Process

The interview process at Fidelity is typically structured and may involve multiple rounds. Be ready for a combination of phone screenings and in-person interviews, where you may meet with various team members. Approach each interview as an opportunity to build rapport and showcase your fit for the team.

Stay Positive and Authentic

Throughout the interview process, maintain a positive attitude and be your authentic self. Fidelity values individuals who bring joy and humor to the workplace. Let your personality shine through, and don’t hesitate to share what excites you about the opportunity to work at Fidelity.

By following these tips and preparing thoroughly, you will position yourself as a strong candidate for the Research Scientist role at Fidelity Investments. Good luck!

In this section, we’ll review the various interview questions that might be asked during a Research Scientist interview at Fidelity Investments. The interview process will likely focus on your understanding of behavioral economics, research methodologies, and your ability to apply psychological principles to financial decision-making. Be prepared to discuss your past research experiences, your approach to problem-solving, and how you can contribute to Fidelity's mission of improving financial well-being.

Behavioral Economics and Research Methodology

1. Can you describe a research project you led that focused on behavioral economics?

This question aims to assess your practical experience in the field and your ability to manage research projects effectively.

How to Answer

Discuss the objectives of the project, the methodologies you employed, and the outcomes. Highlight any innovative approaches you took to address challenges.

Example

“I led a project examining how framing effects influence investment decisions. We conducted a series of experiments where participants were presented with different scenarios. By analyzing the data, we found that positive framing significantly increased the likelihood of participants choosing higher-risk investments. This insight helped our team develop targeted marketing strategies that improved product adoption.”

2. How do you apply behavioral science principles to improve decision-making in financial contexts?

This question evaluates your understanding of behavioral science and its application in finance.

How to Answer

Provide specific examples of how you have used behavioral science techniques, such as nudging or choice architecture, to influence financial decisions.

Example

“In my previous role, I implemented a nudging strategy that simplified the investment options presented to clients. By reducing the number of choices and highlighting default options, we observed a 30% increase in participation rates in retirement plans, demonstrating the power of choice architecture in enhancing decision-making.”

3. What statistical techniques do you use to analyze experimental data?

This question tests your proficiency in statistical analysis, which is crucial for a research scientist role.

How to Answer

Mention specific statistical methods you are familiar with and provide examples of how you have applied them in your research.

Example

“I frequently use ANOVA and regression analysis to evaluate the effectiveness of different interventions in my studies. For instance, in a recent project, I used multiple regression to analyze how various factors influenced investment behavior, allowing us to identify key predictors of financial decision-making.”

4. How do you ensure that your research findings are communicated effectively to diverse audiences?

This question assesses your communication skills and your ability to tailor your message to different stakeholders.

How to Answer

Discuss your strategies for synthesizing complex information and presenting it in an engaging manner.

Example

“I focus on creating visualizations that highlight key insights from my research. For example, I developed interactive dashboards using Tableau to present our findings to both technical and non-technical stakeholders, ensuring that everyone could grasp the implications of our research.”

5. Can you give an example of how you have collaborated with cross-functional teams in your research?

This question evaluates your teamwork and collaboration skills, which are essential in a multidisciplinary environment.

How to Answer

Share a specific instance where you worked with different teams and how that collaboration enhanced the research outcomes.

Example

“I collaborated with marketing and product development teams to design a study on consumer behavior. By integrating insights from both teams, we were able to create a more comprehensive research framework that not only addressed our initial questions but also provided actionable recommendations for product enhancements.”

Personal Motivation and Fit

1. Why are you interested in working at Fidelity Investments?

This question gauges your motivation for applying to the company and your alignment with its mission.

How to Answer

Express your enthusiasm for Fidelity’s focus on improving financial well-being and how your values align with the company’s goals.

Example

“I am drawn to Fidelity’s commitment to enhancing the financial well-being of its clients. I believe that my background in behavioral economics can contribute to this mission by helping to design interventions that empower individuals to make better financial decisions.”

2. How do you handle fast-paced and changing environments?

This question assesses your adaptability and ability to thrive in a dynamic workplace.

How to Answer

Provide examples of how you have successfully navigated challenges in previous roles.

Example

“In my last position, I was part of a team that had to pivot our research focus due to market changes. I embraced the challenge by quickly gathering new data and adjusting our methodologies, which ultimately led to valuable insights that informed our strategy.”

3. Describe a time when you had to mentor or teach others about behavioral research.

This question evaluates your leadership and mentoring skills.

How to Answer

Share a specific experience where you guided others and the impact it had on their understanding or performance.

Example

“I mentored a group of interns on the principles of behavioral economics. I organized workshops where we discussed key concepts and applied them to real-world scenarios. This not only enhanced their understanding but also fostered a collaborative environment where they felt comfortable sharing ideas.”

4. What do you believe is the most significant challenge in behavioral research today?

This question assesses your critical thinking and awareness of current trends in the field.

How to Answer

Discuss a relevant challenge and your perspective on how it can be addressed.

Example

“One significant challenge is the integration of behavioral insights into traditional financial models. I believe that fostering collaboration between behavioral scientists and financial analysts can lead to more holistic approaches that better reflect human decision-making.”

5. How do you stay current with developments in behavioral economics and related fields?

This question evaluates your commitment to continuous learning and professional development.

How to Answer

Mention specific resources, networks, or activities you engage in to stay informed.

Example

“I regularly attend conferences and webinars focused on behavioral economics. Additionally, I subscribe to relevant journals and participate in online forums where professionals discuss the latest research and applications in the field.”