Derivatives Analyst

Fidelity • Westlake, TX

4d

About The Position

As a member of the Derivatives team, the Derivatives Analyst reports to the Derivatives Manager and supports operational activities for the products managed by the team. The role supports trade confirmations, derivatives trade lifecycle events, margin calls, collateral transfers, variance research and resolution, and business-partner inquiries. It also contributes to tactical, strategic, and regulatory projects supporting the growth of Fidelity’s derivatives capabilities.

The team is part of Global Middle Office and works with Fidelity trading desks, global custodians, broker-dealers, and other internal and external business partners to support derivatives operations for Fidelity-managed funds. Supported services include legal trade confirmation, periodic payments, exchange-traded futures collateral, centrally cleared and OTC collateral, MSFTA collateral, settlements, reconciliation, and onboarding new products, funds, and broker-dealers.

Fidelity is transitioning to a full-time onsite working model through a phased regional and role-based rollout. Current onsite requirements vary, and expectations may evolve. The transition does not apply to fully remote roles. Fidelity will not provide immigration sponsorship for this position. The position is categorized under Investment Operations. Employment may be restricted for individuals with certain criminal histories under applicable laws and regulations.

Requirements

• Four-year college degree in business or finance.
• Attention to detail when following procedures and controls to ensure accurate and timely work.
• Effective interpersonal skills and ability to multitask.
• Ability to work daily in a small, close-knit team and share responsibilities.
• Ability to recognize and escalate high-risk items.
• Knowledge of Microsoft Office products, such as Word or Excel, and ability to train on and work with different operating systems.

Nice To Haves

• One to three years of financial services work experience preferred.
• Collateral management and/or middle-office experience.
• Innovation and interest in developing operational improvements.

Responsibilities

• Complete trade confirmations and lifecycle events associated with derivatives trades.
• Execute daily margin calls and instruct and confirm collateral settlements.
• Analyze, research, and resolve margin-call and collateral variances with broker-dealers and custodian banks.
• Provide reporting to key internal and external business partners.
• Serve as a first point of contact for business partners.
• Escalate problems that could affect daily operations and identify high-risk items to help minimize potential losses.
• Assist in developing and reviewing new or revised departmental policies and procedures.
• Test and automate processes and workflows.
• Support tactical, strategic, and regulatory projects related to derivatives capabilities.

What This Job Offers

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