Analyst, Equity Trade Operations

Job Description:

Are you looking for a new and exciting role? The Equity Trade Operations Team is hiring and this could be the job for you! In this role you will be collaborating within a team environment to efficiently handle daily work volumes and quality standards. This role will give you an opportunity to provide outstanding service to internal and external business partners.

The Expertise We’re Looking For

• 2 years of relevant financial operations industry experience, preferably in Trade / Custody Operations.
• Bachelor's Degree required.
• Progress toward advanced degrees or professional certifications a plus.

The Purpose of Your Role

Trade Operations provides trade support to Fidelity's domestic and international equity, high yield, foreign exchange, and fixed income/money market trading desks located in Boston, Merrimack, London, and Hong Kong. The group is responsible for trade operations to support FMR, FMTC, FIC accounts, FIAM, Geode and SAI. Trade analysts work closely with the desk, broker-dealer community, and the custodian bank network to facilitate settlement in over 70 countries worldwide. In addition to the various external counterparts the trade analysts work with, there are also several internal groups that assist in the group's daily responsibilities, including Compliance, Treasurer's Office, Counterparty Risk, Legal, Fund Accounting, and other Custody groups.

The Skills You Bring

• Your solid knowledge of the custody operations business, industry practices and tools strongly preferred.
• Your solid knowledge of trade and market settlement practices strongly preferred.
• Your proven ability to be organized, professional, and demonstrate the ability to work independently with minimal supervision.
• Your excellent interpersonal and communications skills.
• Your ability to handle multiple projects and tasks simultaneously within a tight timeframe.
• Your strong analytical and problem-solving skills; with the ability to work with others implementing solutions.
• Your shown knowledge of business and industry practices.
• The ability to recognize high-risk items and raise those items or seek assistance to minimize loss to either the shareholder and/or Fidelity.
• The talent to develop validated action plans to resolve daily operational issues and problems.

The Value You Deliver

• Monitoring trade instruction and delivery to custodian banks.
• Facilitating the accurate and timely delivery of critical business information to interested parties.
• Providing trade confirmation and settlement support for equity asset classes.
• Bring failed trades to a resolution by communicating with Brokers and Custodian banks.
• Communicating/escalating issues and take initiative to resolve problems.
• Participating as a Subject Matter Expert (SME) on projects.
• Assisting with development and review of departmental policies and procedures.
• Collaborating within team environment to successfully manage daily work volumes and quality standards.
• Identifying and resolving problems related to transactions or investment data in a timely fashion following established guidelines.

How Your Work Impacts the Organization

As part of Fidelity Fund and Investment Operations (FFIO) business unit, the team is responsible for facilitating the processing, enrichment, distribution, and settlement of both domestic and foreign transactions in support of Trading. This role requires outstanding attention to detail, while working in a time critical environment, and think in unconventional ways that promotes creativity. In addition to the technical aspect of the role, the Analyst also performs project work, looks for process improvements, and partakes in training & development.

Please see below for the salary range for work locations in Colorado only:

Please see below for the salary range for work locations in New York City, Westchester County, NY and Jersey City, NJ only:

Please see below for the salary range for work locations in California only:

Please see below for the salary range for work locations in Washington only:

Certifications:

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.

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 Best Place to Work in 2023. 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.

At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we’re calling “Dynamic Working”. Most associates will have a hybrid schedule with a requirement to work onsite at a Fidelity work location for at least one week, 5 consecutive days, every four weeks. These requirements are subject to change.

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, or by calling 800-835-5099, prompt 2, option 3.

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 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.