Job Description:

Note: Fidelity will not provide immigration sponsorship for this position.

The Role

The Credit Risk Analyst position will be responsible for supporting new business due diligence and ongoing risk monitoring processes for the Custody, Family Office and FIWA channels. This role will provide the right candidate with an opportunity to gain exposure to a variety of business functions and make an impact within a critical and highly visible organization.

The Expertise We’re Looking For

  • Bachelor’s degree required (business, economics, finance, or related field preferred)

  • FINRA Series License preferred

  • 2 - 4 years of relevant experience in risk management, internal audit, compliance, or business operations in the financial services industry preferred

  • Strong brokerage business and financial knowledge and the ability to assimilate risk assessment practices and frameworks

  • Your ability to optimally prioritize day-to-day responsibilities and longer-term projects in a fast-paced and complicated environment

  • Excellent verbal and written communication skills

  • Ability to build and maintain positive relationships with internal and external business partners

  • Strong collaboration skills and energy to drive constructive dialogue with internal and external business partners and clients

The Skills You Bring

  • Basic to intermediate understanding of brokerage, custody, and related operational processes

  • You are a creative problem solver with a curiosity driven by current technology trends, and are interested in applying new technology-based solutions to drive efficiencies when and where applicable

  • You lead initiatives independently with minimal oversight from inception to completion and achieve results within prescribed scope and timelines

  • Maintain strong relationships with colleagues and consistently demonstrate effective communication with team and key business partners

  • Possess a solid understanding of common analytical, reporting, and visualization tools and methods

The Value You Deliver

  • Working independently and with colleagues to conduct reviews to assess the risk profile of current and prospective clients within high risk and highly regulated business areas and recommend action to drive risk reduction

  • Ability to engage stakeholders across a heavily matrixed organization and facilitate discussions, working sessions, and walkthroughs to accomplish risk goals and follow issues through to resolution

  • Recommending risk remediation actions, brokering solutions with management, and driving remediation where appropriate

  • Leading multiple projects and responsibilities within prescribed timelines, including individual as well as team responsibilities

  • Continuously improving our programs to exceed the pace of the prevailing technology, industry, and regulatory environments

The Team

The Credit & Counterparty Risk Center of Excellence is a dynamic team responsible for the new business due diligence and ongoing client monitoring programs for the clearing, custody, and prime channels at Fidelity, in addition to providing cross-organizational vendor financial health assessment support and advisory support on credit and counterparty due diligence questions.

Certifications:

Category:

Risk

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.