Derivatives Analyst

Fidelity will not provide immigration sponsorship for this position.

Job Description:

The Role As a member of this team, you will be reporting to the Derivatives Manager and will 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, complete the 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!

The Expertise and Skills You Bring Four-year college degree in business or finance1-3 years of financial services work experience preferred

Your collateral management and/or middle office experienceA multi-tasker with effective interpersonal skills

Attention to detail in following procedures and controls to ensure accurate and timely work

The ability to work in a small, tight-knit team daily to share responsibilities

Ability to recognize and escalate high-risk items to minimize loss to either the shareholder and/or Fidelity Innovation to come up with operational improvements

Knowledge of Microsoft Office Products (such as Word or Excel), and the ability to train on and work with different operating systems

Completing trade confirmations and executing on lifecycle events associated with derivatives trading

Executing daily margin calls, instructing, and confirming settlement of collateral, analyzing, researching, and resolving 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

The Team 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 on-boarding of new products, funds, and broker-dealers.

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 Operations 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.

Summary

Location:

Westlake, TXType:
Full time