Manager, Market Risk

Fidelity Investments•Jersey City, NJ

1d•$80,000 - $153,000•Onsite

About The Position

The primary objective of this role is to safeguard the firm’s capital and reputation using risk tools and technology, while delivering outstanding customer service in meeting our clients trading, borrowing and custody needs. You will be responsible for routine market risk analysis while detecting deviations and resolving or intensifying the issues across all lines of business. The candidate will join a nuanced, closely-knit Market Risk Team working in Jersey City. The Risk Management Team evaluates and interprets moderately sophisticated financial and statistical information, and assists in the development, enhancement and testing of the risk management system. The individual will represent the firm in looking after internal and external business partners by articulating risk policies and procedures as it relates to risk management.

Requirements

Bachelor's degree in Finance or related field
5+ years business experience within a large-scale financial services environment
Shown knowledge of the brokerage business, operations & accounting
Deep understanding of margin and option strategies
Excellent interpersonal, verbal and written communication skills
Demonstrate strong investigative, technical, and analytical skills
Proactive, driven leader with the ability to operate effectively from the conceptual stage through to a successful implementation
Strong sense of accountability and ownership in your work
Strong analytical, influencing, and interpersonal relationship skills
Ability to make timely, informed decisions that advance critical priorities, capitalize on new opportunities, and resolve problems
Excellent relationship and partnership skills to build networks across organizations
Effectively communicate sophisticated concepts to influence key decision-makers through a combination of knowledge, reasoning, and relationships
Expert analysis and decision-making skills to be deployed in your day-to-day responsibilities
Excellent presentation skills and the ability to communicate effectively up, down, and across the organization
Ability to present complex information in a way that is easy for others to understand and articulate a point of view in a compelling and succinct manner

Nice To Haves

Series 7 preferred

Responsibilities

Analyzing and escalating of margin and cash accounts triggered by real-time trading, securities/money movement activities and market volatility to mitigate exposure
Ensuring customer accounts maintain sufficient capital to withstand a wide range of probable and possible market conditions/events
Interacting directly with all lines of business on account escalations
Monitoring of Correspondent Proprietary trading and allocation accounts
Being responsible for Correspondent Capital Markets trading activity 'trade-away'
Evaluating real-time exception requests across the Market Access program
Ability to engage various risk groups and interested parties, and facilitate discussions and meetings of Market Risk policy
Seeing opportunities to improve existing risk reporting and developing new key risk indicators