Senior Analyst, Regulatory Reporting Operations

Fidelity Investments•Boston, MA

1d•$60,000 - $115,000•Hybrid

About The Position

The Role Do you want to make a difference in our customers’ lives and be part of a highly collaborative, cross-functional team committed to ensuring the accuracy of the firm’s Regulatory Reporting Platforms within Fidelity Capital Markets? We are looking for a Senior Analyst, Regulatory Reporting Operations who works within a team responsible for ensuring the overall integrity of trade and position reporting submitted to the regulators for National Financial Services and Fidelity Brokerage Services. You will act as an interface between trading desks, operations teams, compliance, systems development teams and other business partners that have an impact on Regulatory Reporting. You will play a key role in ensuring reporting obligations have been met through thoughtful data analysis and deep understanding of regulations and our trading infrastructure. In addition, you will maintain positive relationships with internal and external partners to gain knowledge of new rules or interpretations and implement internally to ensure compliant reporting. The Team This dynamic team is part of Fidelity Capital Markets. Fidelity’s broker-dealers, National Financial and Fidelity Brokerage Services, are required to send significant amounts of detailed trading data to various governmental and industry regulators such as FINRA CAT, the SEC and MSRB. The Regulatory Reporting group plays an integral role in ensuring that all trading activity has been accurately reported to the Regulatory agencies. The team’s directive is to analyze and identify issues or discrepancies in our reporting programs and work closely with the Operations and Technology teams to deliver a solution to address these. Issues with reporting can lead to inquiries, disciplinary action or fines. Note: Fidelity will not provide immigration sponsorship for this position. The base salary range for this position is $60,000-115,000 USD per year. Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors. Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation. We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted. Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories. Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles. Please consult with your recruiter for the specific expectations for this position. At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer. Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation please contact the following: For roles based in the US: Contact the HR Leave of Absence/Accommodation Team by sending an email to [email protected], or by calling 800-835-5099, prompt 2, option 2 For roles based in Ireland: Contact [email protected] For roles based in Germany: Contact [email protected] Fidelity Privacy Policy

Requirements

Experience with the trade and position reporting requirements of a broker/dealer including but not limited to SEC Rules 605 and 606, SEC Rule 613 Consolidated Audit Trail (CAT), MSRB, TRACE, and ACT.
Working knowledge of broker/dealer Customer and Account Information systems preferred.
Identifying issues through complex analysis; assisting with development and implementation of solutions.
Working knowledge of SQL and /Snowflake / Oracle databases preferred.
Understanding complex order routing flows and their impact to downstream systems.
Understanding the various regulatory requirements of a broker dealer as it relates to trade and position reporting.
Series 7 required within 6 months of hire
Ability to build and maintain professional relationships with various teams both external and internal to Fidelity.
Excellent verbal and written communication skills and the ability to present material to senior leaders as well as peers.
Team-player mentality, willing and able to shift priorities based on team needs, contributing to larger team goals and deliverables.
Microsoft Office applications, particularly Excel and PowerPoint
Strong time management and prioritization skills
Demonstrated ability to actively participate in projects and drive positive results.

Responsibilities

Analyze details available in disciplinary actions and industry fines to identify areas for improvement in our existing procedures.
Acting as subject matter expert to internal and external business partners on regulatory reporting requirements.
Be aware of upcoming rule changes and assist with identifying impact to both operational and system flows, support system and/or process flow changes needed.
Supporting the Compliance team in responding to inquiries, audits and/or exams from regulators in a timely manner by providing requested data and expertise in determining the accuracy and completeness of the reporting submitted.
Supporting technology projects relating to regulatory reporting systems by developing and documenting user requirements, user acceptance test plans and post-production validation