Analyst, Investment Operations

Fidelity Investments • Westlake, TX

1d

About The Position

The Analyst, Investment Operations ensures accurate reconciliation and reporting of derivative holdings, cash movements, collateral changes, and valuations across multiple trading and accounting platforms. The role involves investigating and resolving a high volume of reconciliation breaks related to trade activity, pricing discrepancies, lifecycle events, margin movements, and valuation differences. It supports the integrity of portfolio data, risk management, and operational accuracy across the investment platform.

The position is part of Fidelity Fund and Investment Operations (FFIO), which provides accounting, cash management, asset appraisal, and balance confirmation services for portfolios invested in traditional and alternative products, including derivatives. Within FFIO, the Global Middle Office organization handles areas of the investment lifecycle such as derivative operations, non-traditional investment operations, reconciliation, and oversight. Teams partner with custodians, prime brokers, counterparties, portfolio managers, traders, accounting teams, and risk functions.

Requirements

• Bachelor’s degree, preferably in a quantitative discipline such as Finance, Accounting, Economics, Engineering, Mathematics, or a related field.
• At least 2 years of investment operations experience.
• Solid understanding of investment products and markets, including futures, options, swaps, collateral management, and margin processes.
• Demonstrated ability to perform and analyze complex reconciliations across positions, cash, collateral, and valuations involving multiple systems, counterparties, and service providers.
• Strong analytical and problem-solving skills, including conducting detailed investigations, identifying root causes, and implementing effective resolutions.
• Exceptional attention to detail and accuracy in a high-volume, risk-sensitive environment.
• Ability to clearly articulate complex operational and investment-related issues to a variety of audiences.
• Ability to work independently, manage competing priorities, and adapt quickly to evolving business needs and product complexities.
• Strong collaboration and relationship-management skills, including partnering effectively across teams, functions, and global stakeholders.
• Continuous improvement approach, with demonstrated ability to recognize process inefficiencies, drive operational improvements, and support scalable solutions.

Nice To Haves

• Experience supporting derivatives, alternative investments, or other complex financial instruments is strongly preferred.

Responsibilities

• Reconcile derivative positions, cash balances, collateral movements, and valuations across multiple systems and counterparties.
• Analyze and resolve complex reconciliation exceptions and pricing discrepancies.
• Monitor trade lifecycle events, including settlements, resets, expirations, and corporate actions.
• Investigate margin- and collateral-related breaks and ensure timely resolution.
• Partner with trading, operations, accounting, risk, and external counterparties to resolve issues.
• Support the accuracy and integrity of investment data used for risk, valuation, and financial reporting.
• Identify areas for improvement in execution and contribute to operational efficiency initiatives.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level