Role at a glance
- Job function
-
Investments & Capital Markets Investment Risk, Compliance & Due Diligence
- Salary
- Not Disclosed
- Location
- Boston, Massachusetts, United States
- Employment
- Full-time
- Education
- Bachelor's
Spotted an issue?
We’ll check it against the original posting.
About the role
Original posting provided by Fidelity
Fidelity will not provide immigration sponsorship for this position.
Job Description:
As an Analyst within the Credit Risk organization, you will assess and evaluate the creditworthiness of institutional trading counterparts of Fidelity Capital Markets (FCM) as well as monitor the credit and market exposure to these counterparts. Your role will primarily focus on Hedge Funds but also Asset Managers, Proprietary Trading Firms, Family Offices, Pension Funds and Endowments. You will perform a qualitative and quantitative analysis of the financial condition of the firm, the products and markets in which the firm is engaged, the firm’s investment strategy, the strength of the firm’s management team and whether there is any reputational risk in doing business with the counterpart. You will monitor trading line usage for assigned counterparts, proactively identify emerging risks, and escalate issues to Senior Managers as needed.
The Team
The Fidelity Institutional Credit Risk Management Team sits within the Risk, Vendor Management and Global Security organization and is part of the Credit and Counterparty Center of Excellence. The team is responsible for credit risk assessments for new and existing clients including but not limited to banks, broker/dealers, hedge funds, registered investment advisers and corporations.
The Expertise You Have
- Bachelor’s degree in Finance, Economics, or Accounting
- 1 – 2 plus years of related credit and/or financial industry experience
- Experience with Hedge Funds is preferable
- CFA Candidacy, helpful but not required
The Skills You Bring
- Your knowledge of Prime Brokerage, Capital Markets products, digital assets, investment strategies, financial statement analysis and accounting principals
- Strong analytical, written, and oral communication skills that will be leveraged in influencing decisions
- Your ability to work effectively in a trading environment, prioritize workload and contribute as a member of a dynamic, fast paced team
- Excellent problem-solving skills
- Your experience with Bloomberg, S&P Capital IQ, PowerPoint, Excel, Tableau and Power BI
The Value You Deliver
- Assisting senior members of the team performing written financial and risk analysis on all new and existing trading counterparts and establishing appropriate trading guidelines based on analysis
- Maintaining and updating credit profiles for counterparties
- Monitoring and escalating credit and market exposure as necessary, utilizing various financial tools to assess, monitor, and measure daily counterparty trading activity
- Contribute to the continuous improvement of risk management systems through testing, validation, and enhancement initiatives
- Collaborating with Compliance, Legal, Collateral and Operational Risk teams and building relationships across the organization to resolve issues and support the needs of the Fidelity Prime Services business
Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.
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.
Certifications:
Category:
RiskAbout the company
Fidelity
Large Enterprise
Fidelity is a leading financial services company that provides a wide range of investment solutions and retirement planning services to individuals and institutions. Founded in 1946, Fidelity is renowned for its commitment to innovation and customer service, offering tools and resources that help clients manage their investments effectively. With a strong focus on technology and research, Fidelity continues to empower investors by providing access to market insights and a diverse array of financial products. As a trusted partner in personal finance, Fidelity plays a significant role in helping people achieve their financial goals.