Credit Risk Analyst

Fidelity Investments • Westlake, TX

365d • $58,000 - $91,000 • Hybrid

About The Position

The Credit & Counterparty Risk Center of Excellence is a dynamic team responsible for the new business due diligence and ongoing client monitoring programs for the clearing, custody, and prime channels at Fidelity, in addition to providing cross-organizational vendor financial health assessment support and advisory support on credit and counterparty due diligence questions. The Credit Risk Analyst position will be responsible for supporting new business due diligence and ongoing risk monitoring processes for the Custody, Family Office and FIWA channels. This role will provide the right candidate with an opportunity to gain exposure to a variety of business functions and make an impact within a critical and highly visible organization.

Requirements

• Bachelor's degree required (business, economics, finance, or related field preferred).
• 2-4 years of relevant experience in risk management, internal audit, compliance, or business operations in the financial services industry preferred.
• Strong brokerage business and financial knowledge and the ability to assimilate risk assessment practices and frameworks.
• Ability to optimally prioritize day-to-day responsibilities and longer-term projects in a fast-paced and complicated environment.
• Excellent verbal and written communication skills.
• Ability to build and maintain positive relationships with internal and external business partners.
• Strong collaboration skills and energy to drive constructive dialogue with internal and external business partners and clients.

Nice To Haves

• Basic to intermediate understanding of brokerage, custody, and related operational processes.
• Creative problem solver with a curiosity driven by current technology trends, interested in applying new technology-based solutions to drive efficiencies.
• Ability to lead initiatives independently with minimal oversight from inception to completion and achieve results within prescribed scope and timelines.
• Solid understanding of common analytical, reporting, and visualization tools and methods.

Responsibilities

• Conduct reviews to assess the risk profile of current and prospective clients within high risk and highly regulated business areas and recommend action to drive risk reduction.
• Engage stakeholders across a heavily matrixed organization and facilitate discussions, working sessions, and walkthroughs to accomplish risk goals and follow issues through to resolution.
• Recommend risk remediation actions, broker solutions with management, and drive remediation where appropriate.
• Lead multiple projects and responsibilities within prescribed timelines, including individual as well as team responsibilities.
• Continuously improve programs to exceed the pace of the prevailing technology, industry, and regulatory environments.

Benefits

• Comprehensive health care coverage and emotional well-being support.
• Market-leading retirement.
• Generous paid time off and parental leave.
• Charitable giving employee match program.
• Educational assistance including student loan repayment, tuition reimbursement, and learning resources.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree