Derivatives Analyst

Derivatives Analyst

Fidelity Investments

As a member of this team, you will report to the Derivatives Manager and support the operational activities for the various products managed by the team. You will use your industry expertise and collaborate with your team to complete trade confirmation, lifecycle events associated with trades, execute margin calls, transfer collateral, research and resolve variances, and be the first point of contact for business partners.

Additionally, you will provide support for tactical, strategic, and regulatory projects for our growing derivatives capabilities.

• Four-year college degree in business or finance
• 1-3 years of financial services work experience preferred
• Collateral management and/or middle office experience
• Multi-tasker with effective interpersonal skills
• Attention to detail in following procedures & controls to ensure accurate and timely work
• Ability to work in a small, tight-knit team daily to share responsibilities
• Ability to recognize and raise high-risk items to minimize loss to shareholders and/or Fidelity
• Innovation to come up with operational improvements
• Knowledge of Microsoft Office Products (such as Word or Excel), and ability to train on and work with different operating systems
• Completion of trade confirmations and execution of lifecycle events associated with derivatives trading
• Execution of daily margin calls, instruction, and confirmation settlement of collateral, analysis, research, and resolution of margin call and collateral variances with broker‑dealers and custodian banks
• Providing reporting to key internal and external business partners
• Advancing problems which could have a potential impact on daily operations
• Assisting in the development and review for new and/or changes to departmental policies and procedures
• Testing and automating processes and workflows in a constantly evolving environment

Note:

Fidelity will not provide immigration sponsorship for this position.

We are the Derivatives team that is a business unit within Global Middle Office. We work with Fidelity's trading desks, global custodians, broker‑dealers, and various internal and external business partners to support derivatives trade confirmation, lifecycle events, and collateral management for Fidelity managed funds. Core processing and services that the Derivatives Analyst will support includes legal trade confirmation, periodic payments, exchange traded futures collateral, centrally cleared collateral, OTC collateral, MSFTA collateral, settlements, reconciliation, and onboarding of new products, funds, and broker‑dealers.

Fidelity Funds & Investment Operations (FFIO) provides accounting and investment management support services for Fidelity mutual funds and other retail and institutional investment products, including calculating and distributing NAVs, distribution rates and yields, preparing fund financial statements, dividend estimates and tax returns, monitoring delivery of fund trades to custodian banks, processing corporate actions, collecting securities income, reconciling, reporting and moving money in support of fund shareholder transactions, and managing fund liquidity.

• Investment Operations

• Seniority Level: Entry level
• Employment Type:
  
  Full-time
• Job Function:
  Finance and Sales

Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.

Location:

Andover, MA

Salary: $61,846.00 - $85,000.00 (4 weeks ago)