Credit Risk Analyst

Job Description: Note: Fidelity will not provide immigration sponsorship for this position As a Credit Risk Analyst in the Credit Risk Vendor Management team you will be responsible for ensuring that all Teir 1 and Tier 2 third-party vendors currently utilized across many groups within the Fidelity Institutional complex are in good financial health. The group collaborates with multiple groups within Fidelity, including but not limited to the Vendor Oversight team, Fidelity Wealth, Fidelity Brokerage, Enterprise Technology, FDAS, FFIO, WI, and others. The Team The Credit Risk Vendor Management Team sits within the Fidelity Legal, Risk and Compliance organization and is part of the Credit and Counterparty Center of Excellence. The team is responsible for financial health assessments for new and existing vendors including both private and public companies. We operate as a cross-functional team advising multiple business units on the financial health of their third-party vendors to ensure continuation of service. Members of the Credit Risk Vendor Management team are responsible for performing financial reviews on all new and existing Tier 1 and Tier 2 vendors on the platform. This includes detailed review of financial statements including cash flows and financial notes as well as performing non-intrusive background checks on the management team and its key principals. Additional tasks include adverse media monitoring, preparation of monthly reports for review with senior management, monitoring of vendors on the vendor monitoring list, coordination with vendor managers and business units, and conducting calls with C-Level members of the vendor. The Expertise You Have Bachelor’s degree required; preferably finance or accounting 3 years of brokerage experience preferred 2 years of risk experience preferred Experience with financial statement analysis is required Strong critical thinking and analytical skills Strong team player who takes initiative, builds consensus, and works constructively with others Ability to work on multiple tasks and manage multiple priorities and workload Strong presentation, written, and interpersonal communication skills The Skills You Bring · Knowledge of financial statements, including but not limited to cash flow and interest coverage modeling and general knowledge of financial ratios · Familiarity with relevant industry accounting guidelines, i.e., U.S. GAAP and IFRS · General knowledge of Bloomberg terminals, SEC EDGAR, SNL and SalesForce · Strong MS Office skills, especially PowerPoint and Excel You have a hands-on work style and a can do attitude with a strong bias for action and attention to details You are able to continually prioritize and re-prioritize work based on what is needed at any given moment and set and meet expectations appropriately You are able to work within a large team, have experience navigating a large organization and can build consensus The Value You Deliver · Review of all new Tier 1 and Tier 2 vendors on-boarding to the platform · Monitor existing Tier 1 and Tier 2 vendors to ensure they are in good financial standing · Prepare and analyze a series of reports and presentations that assist with the monitoring and oversight of vendors · Alert business units when a vendor is deemed high risk and an alternative vendor should be engaged/identified · Coordinate meetings and reviews with both internal and external business partners which includes C-Level executives · Maintain proper record retention in SalesForce and VRW and update policies and procedures as needed The base salary range for this position is $67,000-$127,000 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. Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories. Certifications: Category: Risk At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer. 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 please contact the following: For roles based in the US: Contact the HR Leave of Absence/Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 2 For roles based in Ireland: Contact AccommodationsIreland@fmr.com For roles based in Germany: Contact Accommodationsgermany@fmr.com Fidelity Privacy Policy

Salary : $67,000 - $127,000