Senior Manager, Brokerage Risk

Fidelity Investments • Jersey City, NJ

1d • Hybrid

About The Position

The Brokerage Risk team advises Fidelity’s dynamic individual investor businesses building lifetime relationships with self-directed clients and helping them save and invest. As an integral member of the team, you will be responsible for supporting critical components of our risk program including risk assessments, incident and issue management, and key risk initiatives. The Brokerage Risk team covers a wide array of brokerage services including digital products, trading and margin, core brokerage operations, and client services. The Expectations for this Role Advise new product, business and senior leadership on operational risks and risk mitigation strategies. Proactively lead risk assessments to identify, assess, and monitor operational risks and control gaps. Partner closely with business leads to develop remediation action plans. Develop and track business unit key risk indicators to monitor operational risk profiles. Coordinate risk initiatives with other second-line-of-defense leaders and functions to optimize cross-functional effectiveness. Collaborate with legal, risk, and compliance across the organization to identify emerging risks and opportunities. Timely investigation of incidents, determine root cause, and advise on corrective actions. Build effective working relationships with business leaders and cross-functional partners. The Team Brokerage Risk supports the retail distribution arm of Fidelity Investments focused on enabling self-directed customers to achieve their financial goals. Brokerage Risk is a dedicated team of risk professionals who partner directly with business leaders and cross-functional partners to ensure comprehensive risk management throughout the brokerage businesses – from the frontline to executive leadership. As part of this team, you will help deliver risk advisory support on major firm initiatives and new products and services that directly impact more than 18 million self-directed investors.

Requirements

• 6-8+ years of risk, compliance, legal, or audit experience at financial services institutions, e.g., asset managers, banks, regulatory agencies.
• Experience with brokerage products and services, brokerage operations, or client service operations – including familiarity with regulatory requirements.
• Strong judgment and analytical skills – you will need to excel at quickly analyzing complex risk and business issues in a variety of substantive areas.
• Knowledge of risk frameworks, risk classifications, and experience in conducting risk assessments.
• Proficiency in power point and excel and ability to deliver engaging and persuasive presentations and reporting to management.
• Experience with Archer GRC or any industry GRC tool.
• Bachelor’s degree
• Independent worker with a bias to action and ability to deliver and drive outcomes with minimal guidance in a fast-paced, distributed, and complex environment.
• Building and maintaining effective working relationships across businesses and support functions is critical to the success of this role.
• Demonstrates exceptional attention to detail and communications skills (verbal and written)
• Balances pace over perfection and able to support multiple projects and committees.

Responsibilities

• Advise new product, business and senior leadership on operational risks and risk mitigation strategies.
• Proactively lead risk assessments to identify, assess, and monitor operational risks and control gaps.
• Partner closely with business leads to develop remediation action plans.
• Develop and track business unit key risk indicators to monitor operational risk profiles.
• Coordinate risk initiatives with other second-line-of-defense leaders and functions to optimize cross-functional effectiveness.
• Collaborate with legal, risk, and compliance across the organization to identify emerging risks and opportunities.
• Timely investigation of incidents, determine root cause, and advise on corrective actions.
• Build effective working relationships with business leaders and cross-functional partners.

Benefits

• comprehensive health care coverage and emotional well-being support
• market-leading retirement
• generous paid time off and parental leave
• charitable giving employee match program
• educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees