Job Description:
Note: Fidelity will not provide immigration sponsorship for this position.
Do you want to make a difference in our customers’ and internal associates’ lives and be part of a highly collaborative, cross-functional team committed to facilitating the confirmation and settlement of security and currency transactions and providing daily cash estimates to Trading within the Fidelity Fund & Investments Operations (FFIO) business unit?
The Role
The Senior Analyst, Trade Operations who will provide trade support to Fidelity's domestic and international equity, high yield, foreign exchange, and fixed income/money market trading desks. The Senior Analyst will work closely with the desk, broker-dealer community, custodian bank networks to facilitate settlement in over 70 countries worldwide. In addition to the various external counterparts that the trade analysts deal with, there are several internal groups that assist in the group's daily responsibilities, including Compliance, Treasurer's Office, Counterparty Risk, Legal, FMTC, Fund Accounting, and other Custody groups.
- Monitor trade instruction and delivery to custodian banks
- Facilitate the accurate and timely delivery of critical business information
- Provide trade confirmation / affirmation and settlement support for
- Equity, Fixed Incomes and FX assets classes
- Resolve failed trades by communicating with Brokers and Custodian banks
- Escalating issues and taking initiative to resolve problems
- Participate as a subject matter expert on projects
- Support the development and review of departmental policies and procedures
- Collaborate within team environment to manage daily work volumes and quality standards
- Provide timely coaching to staff on day-to-day responsibilities
- Identify and resolving problems related to transactions or investment data in a timely fashion following established guidelines
The Expertise and Skills You Bring
- Bachelor's Degree required
- 4+ years of relevant financial operations industry experience, preferably in FX Trade / FX Custody Operations
- Progress toward advanced degrees or professional certifications a plus
- Solid working knowledge of the custody operations business, industry practices and tools strongly preferred
- Deep knowledge of the FX operational environment and market settlement practices preferred
- Ability to work independently with minimal supervision
- Excellent interpersonal and communications skills
- Ability to handle multiple projects and tasks simultaneously within a tight timeframe
- Strong analytical and problem-solving skills
- Ability to work with others to implement solutions
- Understanding of Fund Accounting or Pricing preferred
- Experience using OMGEO Alert, and Finastra CMS
- Strong knowledge of Excel, Word, and Power Point
- SQL or VBA knowledge a plus
The Team
This dynamic Global Middle Office (GMO) Division within the FFIO business unit acts as a servicing center for FMR Co., GEODE, FIAM, FIL, FIJ, and SAI trading desks globally, facilitating the confirmation and settlement of security and currency transactions with brokers and custodian banks. This role requires outstanding attention to detail, while working in a time critical environment, and thinking in unconventional ways that promote creativity. In addition to the technical aspect of the role, the Senior Analyst also performs project work, looks for process improvements, and participates in training & development.
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.
Certifications:
Category:
Investment OperationsPlease 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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Benefits that balance life and work
From our fully paid parent leave to our on-site health and wellness centers, our benefits support the belief that more balance you have, the better you can achieve your goals.
Company overview
Company overview
At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experience.
Reasonable accommodations
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation contact the HR Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 3.
Equal opportunity employer
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop, and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Applicant screening
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.