Fidelity adds 500 jobs in Smithfield

Fidelity adds 500 jobs in Smithfield

Rick Metters, left, of Fidelity announced on Monday that the company is hiring for 500 new entry-level and leadership-level positions. From left are Lt. Gov. Sabina Matos, Smithfield Town Manager Randy Rossi, Smithfield Town Council President Suzy Alba and Council Vice President Sean Kilduff. (Breeze photo by Jacquelyn Moorehead)

SMITHFIELD – Beginning as a student at Bryant University, Town Manager Randy Rossi said he’s watched the financial corridor in Smithfield grow over the past two decades, and said its success is proven in Fidelity Investment’s announcement of 500 new entry-level and leadership jobs on Monday.

Rossi said he remembers the construction of Fidelity Investments at 500 Salem St. while he was attending Bryant between 1997 and 2001 across the street. He said he remembered having an interest then in what the future could hold for Fidelity and Smithfield.

He said he is proud of the long-standing relationship between Smithfield and Fidelity, and the promise the expansion means to the economy.

“The light is at the end of the tunnel,” Rossi said.

Rossi said Smithfield continues to value its relationship with Fidelity, and welcomes the 500 new opportunities.

Rick Metters of Fidelity said many of the new positions are immediately hiring, and are both customer-facing entry-level and leadership level. The newest 500 jobs come in addition to the 50 jobs added in Smithfield last month, Metters said.

The newest positions will be part of Fidelity’s new Regional Center for Personal Investing, which he said will hopefully be a hybrid of in-office and at-home work.

Fidelity is looking for employees in various aspects of life, he said, from recent college graduates to people in customer service or other industries hit by the pandemic.

“The key aspects of these roles are they don’t require a license and we do provide training,” Metters said.

Metters added that although other industries are struggling to find employees, finance is a growing industry in which Rhode island has “great talent” the company is looking forward to tapping into.

He said an entry-level position will not require a certificate, and there will be a six-month training period where employees will learn financing. He added that Fidelity is ready to conduct virtual interviews, and anticipates hiring to go into the second and third quarter of the year.

Fidelity will not expand the scope of the facility, and will rather restructure its existing Smithfield-based campus.

The salary was not disclosed, though Metters said positions are full-time and come with a “very competitive benefits package” and the ability to enjoy the walking trails on Fidelity’s campus.

To apply, visit fidelitycareers.com .

Newly appointed Gov. Dan McKee said the news is a fabulous way to begin the week, and takes it as a sign that things are beginning to change for the better post-COVID-19.

“I am thrilled that Fidelity is choosing to expand here in Rhode Island where innovation thrives,” McKee said.