Risk Analyst, Credit Risk

Fidelity Investments Inc.; Merrimack (NH); On-site; USD 75,000 - 110,000; Full time

Job summary

Fidelity Investments Inc. in Merrimack, NH is seeking a Risk Analyst, Credit Risk, to evaluate alternative investment assets and ensure compliance with policy guidelines.

You will work with Product Management, Operations, Legal and other Risk groups to assess new and existing assets and monitor risk indicators. Responsibilities include performing due diligence, reviewing documentation and background checks on issuers and principals, and preparing key monthly reports for senior management.

Qualifications

• Bachelor’s degree required.
• 2 years of relevant industry experience.
• Licenses or certifications (e.g., Series 7, CAIA) preferred or willing to obtain.
• Knowledge of Alternative Investment asset classes, structures, and strategies preferred.
• Familiarity with custody regulations for Alternative Investments a plus.
• Interest in learning and developing risk management skills.
• Strong critical thinking and analytical skills.
• Strong presentation, written, and interpersonal communication skills.
• Strong team player who takes initiative and builds consensus.
• Ability to manage multiple tasks and priorities.
• Ability to engage in difficult conversations and ask sensitive questions thoughtfully.

Responsibilities

• Perform due diligence on new and existing alternative investment assets on the platform.
• Carefully review existing documentation and perform non-intrusive background checks on issuers and principals.
• Prepare key monthly reports for review with senior management.
• Monitor existing policies and enforcement actions of violations to current policy.
• Monitor risk indicators for alternative investment assets.

Skills

Industry experience

Analytical skills

Communication skills

Team player

Multitasking

Risk awareness

Education

Bachelor's degree

Job description

Job Description:

Note: Fidelity will not provide immigration sponsorship for this position.

The Role

As Risk Analyst, Credit Risk, you will be responsible for ensuring that all Fidelity clients adhere to the current alternative investment policies and guidelines, which involves collaboration with Product Management, Operations, Legal, other Risk groups, and key representatives from the impacted business lines including Fidelity Retail as well as Fidelity Institutional Wealth Management Services. This includes performing due diligence on new and existing alternative investment assets on the platform, carefully reviewing existing documentation as well as performing non‑intrusive background checks on the issuer and its key principals. Additional tasks may include preparation of key monthly reports for review with senior management, monitoring of existing policies and enforcement actions of any violations to current policy, and monitoring for various risk indicators for alternative investment assets.

The Expertise and Skills You Bring

• Bachelor’s degree required
• 2 years of relevant industry experience
• Professional securities industry licenses or industry certifications (e.g., Series 7, CAIA) or desire to obtain them preferred
• Knowledge of Alternative Investment asset classes, structures, and investment strategies preferred
• Familiarity with relevant industry regulations and requirements for custody of Alternative Investments a plus
• Interest in learning and developing risk management skills
• Strong critical thinking and analytical skills with problem solving orientation
• Strong presentation, written, and interpersonal communication skills
• Strong team player who takes initiative, builds consensus, and works constructively with others
• Ability to work on multiple tasks and manage multiple priorities and workload
• Ability to engage in difficult conversations and ask sensitive questions in a reasoned and thoughtful way

The Team

The Fidelity Institutional Credit Risk Management Team sits within the Fidelity Legal, Risk and Compliance 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 broker/dealers, registered investment advisers and family office clients. We operate as a cross‑functional team setting the standards for the firm in relation to new business acceptance and ongoing client monitoring.

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:

Risk 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.