Manager, Regulatory Reporting

Fidelity Investments • Boston, MA

4d • $74,000 - $141,000

About The Position

Join the Fidelity Capital Markets (FCM) Regulatory Reporting Operations Team, which is responsible for the integrity of trade and position reporting submitted to regulators for National Financial Services, Fidelity Brokerage Services, and their correspondents. The role serves as an interface between trading desks, operations, compliance, technology development, and other business partners whose work affects regulatory reporting. It helps ensure reporting obligations are met through data analysis and understanding of regulations and trading infrastructure.

The position is responsible for daily reconciliation, investigation, and resolution of reporting issues, and for working with the team to balance short-term fixes with long-term solutions. It also acts as a subject matter expert on reporting requirements, analyzes regulatory rule changes and internal business changes for their reporting impact, and supports Technology partners through requirements development, solutioning, testing, implementation, and validation.

Fidelity’s broker-dealers must provide detailed trading data to governmental and industry regulators, including FINRA CAT, the SEC, and MSRB. The Regulatory Reporting group identifies issues or discrepancies in reporting and works with Operations and Technology to resolve them. Reporting issues can lead to inquiries, disciplinary action, or fines. Fidelity is transitioning to a full-time onsite working model through a phased rollout, and onsite expectations vary by role and location and may evolve.

Requirements

• Series 7 required.
• Experience 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), Professional Customer, and 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 and 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, adaptable approach, with the ability to shift priorities based on team needs while completing individual tasks and contributing to larger goals and projects.

Responsibilities

• Perform daily reconciliation, investigation, and resolution of regulatory reporting issues.
• Work with the team to determine an appropriate balance between short-term fixes and 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 assess their impact on reporting and determine necessary actions.
• Support Technology partners by creating requirements and contributing to solutioning, testing, implementation, and validation.
• Analyze and identify issues or discrepancies in reporting programs and work with Operations and Technology teams to develop solutions.
• Ensure the integrity and accuracy of trade and position reporting submitted to regulators.

Benefits

• Comprehensive health care coverage and emotional well-being support.
• Market-leading retirement benefits.
• Generous paid time off and parental leave.
• Charitable giving employee match program.
• Educational assistance, including student loan repayment, tuition reimbursement, and learning resources for career development.
• Depending on position and eligibility, bonus or other variable compensation may be included.

What This Job Offers

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