Senior Manager, Securities Finance Product at Fidelity Investments

Boston, Massachusetts, United States

Fidelity Investments Logo
$90,000 – $155,000Compensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
NoVisa
Financial ServicesIndustries

Requirements

  • Bachelor's degree required
  • 3-5+ years of relevant Capital Markets or Product Development experience
  • Securities Finance experience, with strong preference for Agency Lending background
  • Knowledge of full Securities Lending trade lifecycle, including trade execution, settlement, recalls, and collateral management
  • FIS/SunGard securities finance or other securities finance vendor systems a plus
  • Experience in Product, Project, Business Analyst or other related role a plus
  • Multi asset class experience – i.e. Fixed Income, International and Domestic Equities
  • Strong analytical skills and ability to work on large datasets
  • Strong written and verbal communication skills, presentation skills
  • Knowledge or interest in learning of SQL a plus
  • Knowledge of Agile a plus

Responsibilities

  • Part of a team that oversees the product development for the Fidelity Agency Lending business units
  • Creating and executing initiatives
  • Partnering with the business unit and technology to design innovative solutions
  • Developing/creating business requirements, performing user acceptance testing and supporting production releases
  • Implementing solutions to help grow the business
  • Supporting the trading desk in a fast-paced environment, including troubleshooting issues and acting as a liaison with technology/business partners

Skills

Key technologies and capabilities for this role

Securities FinanceAgency LendingCapital MarketsProduct DevelopmentBusiness RequirementsUser Acceptance TestingTrade LifecycleCollateral ManagementFIS/SunGardSQLAgileAnalytical Skills

Questions & Answers

Common questions about this position

What is the base salary range for this Senior Manager position?

The base salary range is $90,000 - $155,000 per year, with placement varying based on job responsibilities, scope, geographic location, candidate’s relevant experience, and other factors.

What is the work arrangement for this role?

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.

What key skills and experience are required for this position?

Candidates need a Bachelor's degree, 3-5+ years of relevant Capital Markets or Product Development experience, Securities Finance experience (preferably Agency Lending), knowledge of the full Securities Lending trade lifecycle, strong analytical skills, and strong written and verbal communication skills.

What benefits are offered with this position?

Benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources.

What makes a strong candidate for this Senior Manager role?

A strong candidate has Securities Finance experience with Agency Lending background, knowledge of the full Securities Lending trade lifecycle, multi-asset class experience, experience with FIS/SunGard or similar systems, and pluses like SQL knowledge, Agile, or prior Product/Project/Business Analyst roles.

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.

Land your dream remote job 3x faster with AI