Credit Research Analyst

Fidelity Investments•Jersey City, NJ

4d•$110,000 - $222,000•Onsite

About The Position

The Credit (Counterparty) Research Analyst conducts fundamental credit research on Fidelity’s insurance/reinsurance partners, bank and broker/dealer trading counterparties, and treasury relationships. This includes the approval and denial of prospective counterparties and the ongoing monitoring of existing counterparties in accordance with internal, proprietary standards, and providing research and advice to Fidelity business units on their counterparty relationships.

Requirements

Bachelor’s degree required
Experience conducting fundamental credit analysis, with a focus on insurance companies and other financial institutions
Strong analytical skills and critical thinking with experience in quantitative methodologies and financial modeling
Ability to communicate impactfully, both orally and in writing, with internal stakeholders and Fidelity senior leadership
Ability to work in a dynamic and self-directed environment, and to complete timely individual research and collaborative thematic research pieces

Nice To Haves

MBA, CFA, or Associate/Fellow of the Society of Actuaries preferred

Responsibilities

Performing credit analysis on potential and existing counterparties based on an assessment of the current financial strengths and weaknesses as well as a forward-looking analysis of the expected future credit quality
Preparing formal credit research notes on each counterparty, including the assignment of an internal credit rating, rating outlook, and supporting rationale, which provide accountability for recommendations
Understanding the country, industry, market, economic, political, and regulatory issues relevant to the counterparty's credit profile
Leading due diligence meetings with counterparty senior management teams (e.g. CEOs, CFOs, Treasurers, risk officers, and other business leaders) as an integral part of the credit evaluation process
Understanding the nature of Fidelity’s business relationships with each counterparty and recommending practical business and credit decisions which effectively balance credit considerations with trading and business needs and goals
Maintaining relationships and clear and effective communications with the Director of Counterparty Research, team members, trading desks, business unit leaders, and other Fidelity personnel