Job Description:
The Role
The Director on the Regulatory Reporting Data Analytics team will act as team lead to support the regulatory reporting process for Fidelity's broker dealers and various customer channels as part of the broader Regulatory Reporting group within Fidelity Capital Markets. This group is responsible for collecting, processing, and reporting on a vast amount of trade and customer account data to meet external requirements set by industry regulators (FINRA, SEC, etc). You will perform strategic analysis of the firm's internal reporting systems and processes to ensure that the firm is accurately reporting trade and customer account information to regulators, as well as improve efficiency and identify potential gaps in reporting. Additionally, the team will assist with data analysis to support institutional customer needs and external regulator inquiries. You will be collaborating with business and business partners which report across multiple assets classes with very high levels of regulatory scrutiny. It is important that the right candidate be passionate about hands-on collaboration and proactive problem-solving!
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The Expertise and Skills You Bring
- Experience using Python, LLM Models, cloud and other databases (Oracle, Snowflake, AWS), SQL, Excel. other data visualization tools, and general data science knowledge
- Highly analytical with the ability to quickly comprehend large data sets in order to develop new processes, perform calculations, identify anomalies, and/or produce new reporting capabilities.
- Experience with trade and/or customer account data, or regulatory trade reporting (CAT/CAIS or other) a plus, but not required.
- Series 7 & 24 not required, but may be required to acquire after hire.
- Analyzing trading and customer identification and account data to assist with daily operational support for regulatory reporting activities, as well as performing proactive data analysis to identify opportunities for improvement within our existing reporting processes
- Supporting data research/analysis to support teams responding directly to regulator and customer inquiries
- Identifying data anomalies and gaps to understand the source of outstanding reporting issues and working with product and operations teams to define solutions
- Perform and design acceptance testing as it relates to data quality for systems and applications that support regulatory reporting activity
The Team
This dynamic team is part of Fidelity's Capital Markets group! Fidelity, through its broker dealers, is required to send significant amounts of detailed trading and customer account and identification data to various governmental and industry regulators such as FINRA, FINRA CAT, the SEC and MSRB. The Regulatory Reporting group, across several functions, is responsible for performing these duties on behalf of the firm. The group ensures this can be done by working closely with business partners such as Trading, Technology, Customer Support teams and Compliance/Legal. The group plays a meaningful role by ensuring the firm meets stated requirements set by industry regulators and therefore not subject to disciplinary action or fines.
Certifications:
Company Overview
Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.
Join Us
At Fidelity, you'll find endless opportunities to build a meaningful career that positively impacts peoples' lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees' Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don't need a finance background to succeed at Fidelity-we offer a range of opportunities for learning so you can build the career you've always imagined.
Fidelity's working model blends the best of working offsite with maximizing time together in person to meet associate and business needs. Currently, most hybrid roles require associates to work onsite all business days of one assigned week per four-week period (beginning in September 2024, the requirement will be two full assigned weeks).
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.
We invite you to Find Your Fidelity at fidelitycareers.com.
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
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, contact the HR Accommodation Team by sending an email to accommodations@fmr.com.