Manager, Collateral Risk

Fidelity Investments • Jersey City, NJ

1d • $80,000 - $153,000 • Onsite

About The Position

Join the Fidelity Collateral and Market Risk Management team to help protect the firm from potential losses from margin lending and trading activities of both institutional and retail customers of Fidelity Investments. The team is responsible for determining lending policy and providing continuous analysis of the risks inherent in each client’s portfolio and investment strategy. Portfolios are analyzed and evaluated daily through extensive simulation and stress analysis designed to estimate market related risks. The team develops and maintains risk models, methodologies and processes to ensure the risk framework remains robust and effective as market structures, strategies and products evolve. The candidate will work extensively with business partners and customers to help articulate risk requirements and procedures.

Requirements

• Excellent interpersonal, verbal and written communication skills; team player
• Bachelor’s Degree (Finance or STEM based degree preferable)
• 5 years of Relevant Risk Management experience, preferably collateralized lending
• Strong analytical skills
• Deep knowledge of financial markets and products
• Solid understanding of risk management principles and the ability to analyze portfolio strategies and risks using stress testing and scenario analyses
• Strong analytical and statistical skills; inquisitive and detail oriented
• Solid understanding of investment products, margin lending, trading, clearing and the related regulations
• Ability to assess and identify the inherent risks in a business or activity
• Experienced with Excel, Bloomberg, Powerpoint, database queries and analytical tools and methodologies
• Self-starter able to work independently and manage time to drive initiatives from beginning to end
• Very strong written and verbal communication skills
• Collaborative with colleagues and thrive in a team environment
• Experience in taking care of and resolving conflicts

Responsibilities

• Analysis of risk exposures and collateral requirements using stress testing and scenario analyses.
• Daily monitoring of client portfolios to identify material risk exposures.
• Regular interaction with account managers as well as business and risk partners on risk-related issues.
• Analyzing market events and providing ad-hoc exposure summaries which estimate the impact on client portfolios.
• Partnership with the Risk Data Science and Analytics team to enhance risk analytics and trend analysis.
• Partnership with the Risk Product Development team for ongoing improvements to risk tools.

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: Manager