Manager, Regulatory Reporting

Fidelity • Boston, MA

2d

About The Position

The Regulatory Reporting Operations Team at Fidelity Capital Markets is responsible for ensuring the integrity of trade and position reporting submitted to regulators for National Financial Services, Fidelity Brokerage Services, and their correspondents. The role interfaces with trading desks, operations, compliance, systems development, and other business partners, using data analysis and knowledge of regulations and trading infrastructure to help ensure reporting obligations are met. The posting describes the role as an Associate, despite the title Manager, Regulatory Reporting.

The position is part of a team that analyzes discrepancies in regulatory reporting and works with Operations and Technology to resolve them. Reporting obligations include submissions to governmental and industry regulators such as FINRA CAT, the SEC, and MSRB. Issues with reporting can result in inquiries, disciplinary action, or fines.

Fidelity is transitioning to a full-time onsite working model through a phased regional and role-based rollout. Current onsite expectations vary, and are likely to evolve; the posting does not specify the onsite requirement for this particular role. The position offers a base salary of $74,000–$141,000 per year, with possible bonus or other variable compensation depending on the role and eligibility. The application window closes when the position is filled or unposted. Fidelity will not provide immigration sponsorship for this position.

Requirements

• Series 7 required.
• Experience with or interest in broker-dealer trade and position reporting requirements, including Large Option Position Report (LOPR), Electronic Bluesheets (EBS), Reference Database/Customer Account Information System (CAIS), and Professional Customer Large Trader Reporting (LTID).
• Curiosity and desire to understand how complex trading systems work and integrate with reporting.
• Knowledge of or interest in equity market structure and electronic trading workflows, including FIX messaging.
• Comfort with technology, including Excel and SQL, and Snowflake or Oracle databases.
• Strong time-management and prioritization skills.
• Excellent verbal and written communication skills, including the ability to present material to senior leaders and peers.
• Team-oriented approach and willingness and ability to shift priorities based on team needs.

Responsibilities

• Perform daily reconciliation, investigation, and resolution of regulatory-reporting issues.
• Work with the team to determine the best approach to balance short-term fixes with long-term solutions.
• Serve as a subject matter expert for internal and external business partners on regulatory reporting requirements.
• Analyze regulatory rule changes and internal business changes to determine their impact on reporting and identify necessary actions.
• Support Technology counterparts by developing requirements, solutioning, testing, and implementing and validating solutions.
• Analyze and identify issues or discrepancies in reporting programs, working with Operations and Technology teams to address them.
• Contribute to individual tasks while supporting broader team goals and projects.

Benefits

• Comprehensive health care coverage
• Emotional well-being support
• Retirement benefits
• Paid time off
• Parental leave
• Charitable giving employee match program
• Educational assistance, including student loan repayment and tuition reimbursement
• Learning resources for career development
• Potential bonus or other variable compensation, depending on position and eligibility

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed