Senior Analyst, Liquid Alts Trading Operations

Fidelity Investments•Boston, MA

1d•Hybrid

About The Position

The Liquid Alts Trading Operations Senior Analyst is a newly envisioned role within Investment Services, designed to provide dedicated operational support for Liquid Alternatives trading on the Equity Alts desk. This role will partner with the Liquid Alts Portfolio Services team to focus on ensuring seamless execution and lifecycle management of Liquid Alts flows. The successful candidate will manage all aspects of pre-trade and post-trade processing, including: Security reference data creation and validation across listed and OTC instruments Trade booking, pricing validation, and economics confirmation across ARP swaps, futures, listed options, equity swaps, IRS, CDS, and new OTC products planned for 2026 Coordination and communication with external dealers, prime brokers, and administrators Lifecycle event monitoring (maturities, resets, rolls, novations, corporate actions, option exercises/assignments, and collateral). This role requires deep cross-system knowledge, broad access across Asset Management platforms, and strong coordination skills with trading desks, FFIO, technology, and external counterparties to accelerate workflows, reduce reliance on ad hoc operational coverage, and support the scaling of our Liquid Alts capabilities.

Requirements

10+ years of experience in trade operations or investment services, ideally within multi-asset, derivatives, or Liquid Alts environments
Strong understanding of OTC derivatives (Equity TRS, IRS, CDS, Swaptions, OTC Options, etc.) and alternative investment structures
Demonstrated ability to manage competing priorities across desks, independently and with urgency
Familiarity with derivative lifecycle events, including resets, settlements, collateral, clearing, pricing, corporate actions, and reference data
Proven ability to navigate and integrate across multiple Asset Management systems (OMS/EMS, valuation systems, reconciliation tools, middle-office utilities)
Strong project management and end-to-end process design skills
Excellent communication, cross-team coordination, and relationship-building abilities

Nice To Haves

CFA, CAIA, or progress toward certification preferred

Responsibilities

Serve as key resource to Trading, Liquid Alts Investment Services, and Fidelity Fund Investment Operations
Coordinate and lead cross-company trading initiatives to support Liquid Alts trade flows
Manage pre-trade and post-trade processes, including trade booking validation and security reference setup
Communicate externally with trading/financing counterparties to ensure accuracy and address ad hoc inquiries
Lead onboarding and support for new instruments and capabilities, particularly OTC derivatives
Participate in implementation strategy to enable effective and efficient processes for Liquid Alt products
Perform impact assessments, resolve operational issues, and develop workflow documentation