Job Description:
Note: Fidelity will not provide immigration sponsorship for this position.
The primary objective of this role is to safeguard the firm’s capital and reputation using risk tools and technology, while delivering outstanding customer service in meeting our clients trading, borrowing and custody needs. You will be responsible for routine market risk analysis while detecting deviations and resolving or intensifying the issues across all lines of business.
The Team
The candidate will join a nuanced, closely-knit Market Risk Team working in Jersey City. The Risk Management Team evaluates and interprets moderately sophisticated financial and statistical information, and assists in the development, enhancement and testing of the risk management system. The individual will represent the firm in looking after internal and external business partners by articulating risk policies and procedures as it relates to risk management.
The Expertise You Have
Bachelor's degree in Finance or related field
5+ years business experience within a large-scale financial services environment
Series 7 preferred
Shown knowledge of the brokerage business, operations & accounting
Deep understanding of margin and option strategies
Excellent interpersonal, verbal and written communication skills
Demonstrate strong investigative, technical, and analytical skills
The Skills You Bring
You are a proactive, driven leader with the ability to operate effectively from the conceptual stage through to a successful implementation
You have a strong sense of accountability and ownership in your work
You have strong analytical, influencing, and interpersonal relationship skills
You demonstrate the ability to make timely, informed decisions that advance critical priorities, capitalize on new opportunities, and resolve problems
You have excellent relationship and partnership skills to build networks across organizations
You can effectively communicate sophisticated concepts to influence key decision-makers through a combination of knowledge, reasoning, and relationships
You demonstrate expert analysis and decision-making skills to be deployed in your day-to-day responsibilities
You have excellent presentation skills and the ability to communicate effectively up, down, and across the organization
You can present complex information in a way that is easy for others to understand and articulate a point of view in a compelling and succinct manner
The Value You Deliver
Analyzing and escalating of margin and cash accounts triggered by real-time trading, securities/money movement activities and market volatility to mitigate exposure
Ensuring customer accounts maintain sufficient capital to withstand a wide range of probable and possible market conditions/events
Interacting directly with all lines of business on account escalations
Monitoring of Correspondent Proprietary trading and allocation accounts
Being responsible for Correspondent Capital Markets trading activity 'trade-away'
Evaluating real-time exception requests across the Market Access program
Ability to engage various risk groups and interested parties, and facilitate discussions and meetings of Market Risk policy
Seeing opportunities to improve existing risk reporting and developing new key risk indicators
Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.
Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.
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.