Senior Analyst, Derivatives

Fidelity Investments • Westlake, TX

5d

About The Position

The Senior Analyst, Derivatives supports operational activities for products managed by the Derivatives team. Reporting to the Derivatives Manager, the role works with teammates and business partners to confirm trades, process trade lifecycle events, execute margin calls, transfer collateral, and research and resolve variances. The analyst is also a first point of contact for business partners and supports tactical, strategic, and regulatory projects that advance Fidelity’s derivatives capabilities.

The Derivatives team is part of Global Middle Office and works with Fidelity trading desks, global custodians, broker-dealers, and internal and external business partners. The team supports derivatives trade confirmation, lifecycle events, and collateral management for Fidelity-managed funds. Core processing includes legal trade confirmation, periodic payments, exchange-traded futures collateral, centrally cleared collateral, OTC and MSFTA collateral, settlements, reconciliation, and onboarding new products, funds, and broker-dealers.

Requirements

• Four-year college degree in business or finance.
• Progressive financial services work experience.
• Ability to work daily in a small, tight-knit team and share responsibilities.
• Ability to recognize and escalate high-risk items to minimize potential losses to shareholders or Fidelity.
• Innovation in identifying operational improvements.
• Knowledge of Microsoft Office products, such as Word or Excel, and ability to learn and work with different operating systems.

Nice To Haves

• Derivatives operations experience.

Responsibilities

• Complete trade confirmations and lifecycle events associated with derivatives trading.
• Execute daily margin calls; instruct and confirm collateral settlement; and analyze, research, and resolve margin-call and collateral variances with broker-dealers and custodian banks.
• Transfer collateral and support collateral management activities.
• Provide reporting to key internal and external business partners.
• Serve as a first point of contact for business partners.
• Escalate problems and high-risk items that could affect daily operations or create potential losses.
• Assist with developing and reviewing departmental policies and procedures, including those for new activities or changes.
• Test and automate processes and workflows in an evolving environment.
• Support tactical, strategic, and regulatory projects related to derivatives capabilities.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior