Senior Derivatives Analyst at Fidelity Investments

Merrimack, New Hampshire, United States -

Full Time

Start Date

Immediate

Expiry Date

07 Feb, 26

Salary

0.0

Posted On

09 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Derivatives Operations, Collateral Management, Trade Confirmation, Lifecycle Events, Margin Calls, Settlements, Reconciliation, Interpersonal Skills, Attention To Detail, Operational Improvements, Microsoft Office, Research, Problem Solving, Policy Development, Process Automation, Team Collaboration

Industry

Financial Services

Description

Job Description: The Role 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. Do you want to be a part of this phenomenal team? As a member of this team, you will be reporting to the Derivatives Manager, 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! Note: Fidelity will not provide immigration sponsorship for this position. The Skills And Expertise You Bring Four-year college degree in business or finance 5 plus years of financial services work experience. Derivatives operations experience preferred. Your collateral management and/or middle office experience A multi-tasker with effective interpersonal skills Attention to detail in following procedures & controls to ensure accurate and timely work The ability to work in a small, tight-knit team daily to share responsibilities Your 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 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 Fidelity Funds & Investment Operations (FFIO) provides accounting and investment management support services for Fidelity mutual funds and other retail and institutional investment products. These services include calculating and distributing NAVs, distribution rates and yields for a wide variety of investment products; preparing fund financial statements, dividend estimates and tax returns; monitoring delivery of fund trades to custodian banks; processing corporate actions; collecting securities income on behalf of the funds; reconciling, reporting and moving money in support of fund shareholder transactions; and managing fund liquidity. Certifications: Category: Investment Operations 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. 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. At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer. Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation please contact the following: For roles based in the US: Contact the HR Leave of Absence/Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 2 For roles based in Ireland: Contact AccommodationsIreland@fmr.com For roles based in Germany: Contact Accommodationsgermany@fmr.com Fidelity Privacy Policy

Responsibilities

The Senior Derivatives Analyst will support operational activities for various products managed by the Derivatives team, including trade confirmation and lifecycle events. The role involves executing margin calls, transferring collateral, and resolving variances while collaborating with internal and external partners.