Director, Risk

Fidelity Investments • Jersey City, NJ

1d • $110,000 - $222,000 • Hybrid

About The Position

The Brokerage Risk team advises Fidelity’s dynamic individual investor businesses by building lifetime relationships with self-directed clients and helping them save and invest. In this role, you will advance critical components of the risk governance program covering a wide array of brokerage products and services, brokerage operations, retail client services, and digital product and engineering initiatives. Expectations for this role include: Advise senior leadership on operational risks and risk mitigation strategies Support and participate in risk governance meetings, including risk committee(s) Lead a team responsible for identifying, assessing, and monitoring risk Proactively identify, assess, and monitor operational risks and remediation action plans Coordinate the risk assessment program with other second-line-of-defense leaders and functions to optimize cross-functional effectiveness Collaborate with other lines of defense to identify emerging risks and opportunities Timely investigate incidents, determine root causes, and advise on corrective actions Oversee brokerage issue management to ensure compliance with enterprise risk requirements Build and maintain effective working relationships with business leaders and cross-functional partners The Team Brokerage Risk supports the retail distribution arm of Fidelity Investments, focused on enabling self-directed customers to achieve their financial goals. Brokerage Risk is a dedicated team of risk professionals who partner closely with business leaders and cross-functional teams to ensure comprehensive risk management throughout the brokerage businesses—from the frontline to executive leadership. As part of this team, you will help deliver risk advisory support on major firm initiatives and new products and services that directly impact more than 18 million self-directed investors.

Requirements

• Bachelor’s degree (required)
• 8–10 years of risk, compliance, legal, or audit experience at complex financial services institutions (e.g., asset managers, banks, regulatory agencies) (required)
• Proven experience independently delivering on the expectations of this role (required)
• Experience with brokerage products and services, brokerage operations, or client service operations, including familiarity with regulatory requirements (required)
• Ability to deliver engaging, compelling, and persuasive presentations and reporting (required)
• Exceptional judgment and analytical skills, with the ability to quickly analyze complex risk and business issues across multiple substantive areas (required)

Nice To Haves

• MBA, Juris Doctor, or other master’s degree with strong academic credentials (preferred)
• Experience with Archer GRC (preferred)

Responsibilities

• Advise senior leadership on operational risks and risk mitigation strategies
• Support and participate in risk governance meetings, including risk committee(s)
• Lead a team responsible for identifying, assessing, and monitoring risk
• Proactively identify, assess, and monitor operational risks and remediation action plans
• Coordinate the risk assessment program with other second-line-of-defense leaders and functions to optimize cross-functional effectiveness
• Collaborate with other lines of defense to identify emerging risks and opportunities
• Timely investigate incidents, determine root causes, and advise on corrective actions
• Oversee brokerage issue management to ensure compliance with enterprise risk requirements
• Build and maintain effective working relationships with business leaders and cross-functional partners

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 to develop your career

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 101-250 employees