Senior Analyst, Derivatives

Fidelity; Westlake (TX); Presencial; USD 90.000 - 130.000; Jornada completa

Descripción de la vacante

Fidelity is seeking a Senior Analyst, Derivatives, to support operations for various derivatives products. You will handle trade confirmations, lifecycle events, collateral management, and margin calls while collaborating with a small, dedicated team.

The role emphasizes identifying high-risk items, driving process improvements, and providing clear reporting to internal and external partners. Onsite work model is being phased in regionally.

Formación

• 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.
• Ability to recognize and elevate high-risk items to minimize loss to Fidelity.
• Innovative mindset to drive operational improvements.
• Knowledge of Microsoft Office Products (Word/Excel) and ability to train on different OS.
• Completing trade confirmations and lifecycle events for derivatives trading.
• Executing daily margin calls and settlement of collateral with brokers.
• Providing reporting to internal and external partners.
• Escalating problems that impact daily operations.
• Assisting in development/review of policies and procedures.
• Testing and automating processes and workflows in a evolving environment.

Responsabilidades

• Perform trade confirmations and lifecycle events for derivatives trading.
• Execute daily margin calls and settle collateral with broker-dealers and custodians.
• Transfer collateral and analyze collateral variances.
• Research and resolve variances; serve as first contact for business partners.
• Provide operational reporting to internal/external stakeholders.
• Assist in policy development and process improvements.
• Support tactical, strategic, and regulatory projects for derivatives capabilities.

Conocimientos

Derivatives operations

Trade confirmations

Margin calls

Collateral management

MS Office (Excel)

Risk awareness

Process improvement

Documentation

Educación

Bachelor's degree in business or finance

Herramientas

MS Office Suite

Descripción del empleo

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.