Job Description
The Role
As a member of this team, you will be reporting to the Derivatives Manager, will support the operational activities for the various products managed by the team. You will use your industry expertise and collaborate with your team to complete trade confirmation, complete the lifecycle events associated with trades, execute margin calls, transfer collateral, research and resolve variances and be the first point of contact for business partners. Additionally, you will provide support for tactical, strategic, and regulatory projects for our growing derivatives capabilities!
The Expertise and Skills You Bring
- Four-year college degree in business or finance
- 1-3 years of financial services work experience preferred
- Your collateral management and/or middle office experience
- A multi-tasker with effective interpersonal skills
- Attention to detail in following procedures & controls to ensure accurate and timely work
- The ability to work in a small, tight-knit team daily to share responsibilities
- Ability to recognize and escalate high-risk items to minimize loss to either the shareholder and/or Fidelity
- Innovation to come up with operational improvements
- Knowledge of Microsoft Office Products (such as Word or Excel), and the ability to train on and work with different operating systems
- Completing trade confirmations and executing on lifecycle events associated with derivatives trading
- Executing daily margin calls, instructing, and confirming settlement of collateral, analyzing, researching, and resolving margin call and collateral variances with broker-dealers and custodian banks
- Providing reporting to key internal and external business partners
- Advancing problems which could have a potential impact on daily operations
- Assisting in the development and review for new and/or changes to departmental policies and procedures
- Testing and automating processes and workflows in a constantly evolving environment
Job ID: 126875