Areas of Responsibility

• Become a subject matter expert in stress testing and other risk and margin frameworks.
• Perform ongoing assessments of risk model effectiveness, make enhancements where necessary, and help develop new models and methodologies to support new business, markets, and products.
• Perform daily and ongoing reviews of market and macro events to identify potential limitations in risk models and to measure and present the impact of market events.
• Act as subject matter expert to support internal business partners and clients on matters related to the firm's risk and margin frameworks.
• Perform targeted deep dive analysis on the larger and more complex client portfolios.
• Become an expert in Central Counterparty (CCP) models and support development of replication and attribution tools.
• Partner with the Risk Data Science & Analytics teams to innovate and develop solutions to enhance risk process, analytics and trend analysis.
• Partner with the Risk Product Development team to make enhancements to risk tools.
• Develop and support frameworks and processes for data quality assurance.
• Work closely with vendors that provide critical data and modeling services in support of the firm's stress testing and margining processes.
• Lead and/or support special projects and initiatives.

The Expertise and Skills You Bring

• Bachelor's Degree (Finance or STEM degree preferrable); other credentials, e.g., FRM, CFA are a plus
• 3+ years of relevant risk management experience, preferably in collateralized lending
• Strong foundation in statistics and quantitative methods in finance
• Knowledge of financial markets and products and familiarity with the risks of listed derivative and fixed income instruments
• Understanding of risk management principles and the ability to analyze portfolio strategies and risks using stress testing and scenario analysis
• Excellent interpersonal, verbal and written communication skills; works well in a team environment; inquisitive and detail oriented; communicates complex topics clearly and concisely
• Knowledge of investment products, margin lending, trading, clearing and the related regulations
• You are well-organized and a self-starter able to work independently and manage time to drive initiatives from beginning to end
• Experienced with Excel, Bloomberg, PowerPoint, database queries and analytical tools and methodologies including SQL
• Effectively manages multiple initiatives and responsibilities within prescribed timelines
• Ability to engage interested parties and facilitate discussions and drive outcomes
• Drive innovation with out-of-the box thinking, challenging the status quo, and working with data science to deploy new artificial intelligence techniques

The base salary range for this position is $76,000-$144,000 per year.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These 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 to develop your career. Note, the application window closes when the position is filled or unposted.

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.