Senior Analyst, Derivatives

Fidelity Investments Inc.; Roanoke (TX); On-site; USD 90,000 - 120,000; Full time

Job summary

Fidelity Investments Inc. is seeking a Senior Analyst, Derivatives to support trade confirmations, lifecycle events, and collateral management.

You will work with the Derivatives team within Global Middle Office, collaborating with trading desks, custodians, and broker-dealers to ensure accurate processing and timely problem resolution. The role involves handling daily margin calls, risk mitigation, and contributing to ongoing regulatory and process-improvement initiatives while adapting to

Qualifications

• Four-year college degree in business or finance.
• Progressive years of financial services work experience; derivatives operations experience preferred.
• Ability to work in a small, tight-knit team daily to share responsibilities.
• Ability to recognize and elevate high-risk items to minimize loss to Fidelity.
• Innovation to improve operational processes.
• Knowledge of MS Office products (Word/Excel) and ability to train on multiple OS.
• Completing trade confirmations and lifecycle events for derivatives.
• Executing daily margin calls and settlement of collateral with brokers/dealers.
• Providing reporting to internal and external partners.
• Escalating problems that could impact daily operations.
• Assisting in development/review of policies and procedures.
• Testing and automating workflows in a evolving environment.

Responsibilities

• Complete trade confirmations and lifecycle events for derivatives.
• Execute daily margin calls and collateral settlement with broker-dealers and custodians.
• Provide reporting to internal and external business partners.
• Escalate issues that could affect daily operations.
• Support development and review of policies and procedures.
• Test and automate processes and workflows in a dynamic environment.

Skills

Derivatives ops

Trade confirmations

Lifecycle events

Margin calls

Team collaboration

Process improvement

Education

Four-year college degree in business or finance

Tools

MS Office

Job description

Fidelity will not provide immigration sponsorship for this position.

Job Description

The Role

As a Senior Analyst, Derivatives, you will be reporting to the Derivatives Manager. You 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 finance
• Progressive years of financial services work experience. Derivatives operations experience preferred.
• The ability to work in a small, tight-knit team daily to share responsibilities
• Your ability to recognize and elevate high-risk items to minimize loss to either the shareholder and/or Fidelity
• Innovation to come up with operational improvements
• Your 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
• Escalating 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.