Senior Derivatives Analyst at Fidelity Investments

Merrimack, New Hampshire, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

NoVisa

Financial ServicesIndustries

Requirements

Four-year college degree in business or finance
5 plus years of financial services work experience (Derivatives operations experience preferred)
Collateral management and/or middle office experience
Multi-tasker with effective interpersonal skills
Attention to detail in following procedures & controls to ensure accurate and timely work
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

Responsibilities

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
Support operational activities for various products including 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
Collaborate with team, trading desks, global custodians, broker-dealers, and business partners
Provide support for tactical, strategic, and regulatory projects for growing derivatives capabilities

Skills

Derivatives Operations

Trade Confirmation

Collateral Management

Middle Office

Margin Calls

Reconciliation

MSFTA

OTC Collateral

Futures Collateral

Lifecycle Events

Financial Services

Fidelity Investments

Investment management and financial services provider

About Fidelity Investments

Fidelity Investments offers a range of financial services and tools designed to help individuals manage their investments and stay informed about the markets. Their products include mobile applications and market monitoring tools that provide users with real-time market quotes, news, and trading capabilities. For example, the Fidelity Market Monitor for Glass delivers daily market quotes directly to Google Glass, while the Fidelity app for Windows Phone 8 allows users to access news and trading tools on their mobile devices. Additionally, features like the Watch List Visualization for iPad help users track stock price changes over time using a heatmap. What sets Fidelity apart from its competitors is its focus on integrating new technologies and user-friendly interfaces to enhance the investment experience. The goal of Fidelity Investments is to empower individuals with the information and tools they need to make informed financial decisions.

Boston, MassachusettsHeadquarters

1946Year Founded

$120,238.8MTotal Funding

DEBT_FINANCINGCompany Stage

Fintech, Financial ServicesIndustries

10,001+Employees

Benefits

Health Insurance

Mental Health Support

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Parental Leave

Student Loan Assistance

Tuition Reimbursement

Risks

Loss of key personnel like Gita Bal may impact Fidelity's research capabilities.

Increased competition from Vanguard's new division could draw clients away from Fidelity.

Potential reputational risk from Bitcoin ETF outflows could affect Fidelity's offerings.

Differentiation

Fidelity Labs offers innovative beta products like Market Monitor for Google Glass.

Fidelity's mobile solutions are available on multiple platforms, including Windows Phone and iPad.

Fidelity's Open Limit Order Visualization provides unique insights into order execution proximity.

Upsides

Increased adoption of wearable tech could boost Fidelity's mobile solutions.

Growing interest in Bitcoin ETFs suggests expansion in Fidelity's digital asset offerings.

Rise of AI could benefit Fidelity's data analytics and AI-driven investment strategies.

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