Job Description:

The Role

As a Brokerage Operations Associate Analyst, you will work in Treasury's Cash Management Services division to support timely and accurate Money Movement-related transaction processing while adhering to policy, procedures, and regulatory guidelines.

• Review incoming wire payment exceptions to identify the credit party and post/return accordingly
• Reconcile the department’s suspense accounts, including identifying, researching and resolving any breaks
• Review incoming retirement account wire receipts and code with the appropriate tax reporting mnemonic
• Deliver extraordinary service to all of our clients by processing their requests in an accurate and timely manner
• Find opportunities to improve key efficiencies within money movement to improve quality and scale our workflows

The Expertise and Skills You Bring

• 3-5 years of treasury operations and transaction servicing experience
• Suspense account reconciliation experience
• Knowledge of electronic payments processing (Fed Wire, SWIFT, ACH)
• Strong written, verbal and interpersonal communication skills
• Strong time management skills
• Highly flexible and adaptable to fast paced environment, willing to assist in other areas as needed
• Ability to work independently and collaborate with associates
• Ability to work overtime as needed for business requirements. Regular operating hours are 9:00 am-6:00 pm.

The Team

The Treasury department provides cash management and banking product, operations and advisory services in support of the various lines of business within Fidelity Institutional (FI). FI provides products, solutions and services to banks, broker/dealers, registered investment advisors, family offices and other financial intermediaries to meet their brokerage, operations, risk, and technology needs.

The base salary range for this position is $47,000-$74,000 per year.

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.

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