Associate Analyst, Brokerage Operations

Fidelity Investments • Westlake, TX

2d • Onsite

About The Position

In this role, you will be expected to deliver world class service to internal and external (correspondent, investment advisors and contra parties) clients by settling their transactions timely and accurately while adhering to policies, procedures and regulatory guidelines. You will utilize internal as well as external systems and partner with various departments to settle transactions. Responsibilities will include monitoring and managing the settlement of transactions and buying in parties that are failing to deliver to NFS and retransmitting buy-ins to external or internal parties where NFS is failing to deliver. You will work closely with management to identify and resolve complex issues related to the resolution of the fail and identify trends.

Requirements

• College degree preferred
• 2-4 years of relevant buy-in experience or 3-5 years of brokerage experience
• Knowledge of DTCC PTS terminal as well as DTCC’s SmartTrack system
• Knowledge of SEC Rule 204 Buy-In process
• Expert knowledge of industry regulations and with firm policies and procedures
• Attention to details while being efficient and effective (time management)
• Ability to communicate effectively with internal and external business units
• Highly motivated with the ability to multi-task and complete assigned tasks in a timely and accurate manner while assisting with managing daily task list
• Ability to work effectively in a team-oriented environment
• Excellent communication and interpersonal skills and the ability to effectively train associates
• Strong knowledge of internal systems and PC applications (especially with Excel)

Responsibilities

• Manage outgoing buy-ins and ensure proper coverage on incoming buy-ins while meeting all applicable deadlines
• Resolve risk related transactions and escalate accordingly
• Monitor and manage the settlement of transactions
• Buy in parties that are failing to deliver to NFS
• Retransmit buy-ins to external or internal parties where NFS is failing to deliver
• Identify and resolve complex issues related to the resolution of the fail
• Identify trends
• Assist in training junior associates

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree