Job Description:

Note: Fidelity will not provide immigration sponsorship for this position

The Purpose of Your Role

As the Sr. Risk Manager, you will fulfill a key role within Risk Oversight’s Risk Assessment and Internal Control Testing team.  The senior risk manager is responsible for leading and supporting risk assessments, providing critical incident management support, assessing the accuracy and effectiveness of control environments and policies & procedures, providing operational and regulatory risk support,  and supporting control testing specific to Broker Dealer and Financial related functions. You will be responsible for executing risk assessments and/or control testing individually and in partnership with team members who identify and mitigate risks across a diverse set of Fidelity Institutional business areas.   In addition, you will actively participate in team development and contribute to Risk Oversight program goals by sharing subject matter expertise, industry insights, and best practices. 

The Skills You Bring

• You have strong understanding of brokerage, transfer agency and related operational processes.  You have a background in risk management, audit, compliance, accounting, financial, regulatory examination, or a related function.

• You are able to combine your brokerage business and financial product knowledge in sales & trading, clearing, and custody with risk assessment practices.

• You are able to identify inherent risks to the business (operational, financial, market, credit, regulatory, technology) as well as determine residual risks through a range of methods, including control effectiveness assessment and testing.

• You have technical expertise to source and analyze data to support operational / business / financial process reviews.

• You have strong research and analytical skills.

• You communicate results effectively in writing and verbally, including summarizing complex information succinctly and influencing partners / stakeholders to reach consensus on issues and action plans.

• You are able to drive initiatives independently from inception to completion and achieve results within prescribed scope and timelines.

• You are experienced leading risk or compliance assessments, audits, conducting control testing, or similar business projects or responsibilities.

• You are familiar with brokerage rules and regulations (FINRA, SEC, Exchanges, etc.) and brokerage billing processes.

• You have expert knowledge of MS office products such as Excel, PowerPoint.

• Familiarity with database query and analytics tools/method (e.g. SQL) is a plus.

The Expertise We’re Looking For

• At least 6 years of relevant experience at a broker-dealer, bank or transfer agency and familiarity with common operational functions.  Experience will ideally include risk management, audit, compliance, accounting, finance, regulatory examination, or other related functions.

• Strong brokerage business and financial knowledge and the ability to assimilate risk assessment practices and frameworks.

• Technical expertise to source and analyze data to support operational / business process reviews.

• Expert knowledge of MS office products such as Excel, PowerPoint.

• Bachelor’s Degree required.

The Value You Deliver

• Working independently and with team members to conduct risk assessments to effectively assess the risk profile within high risk and highly regulated business areas and drive risk reduction.

• Ability to engage interested parties and facilitate discussions, working sessions, and walkthroughs to accomplish assessment milestones and follow protocols through to completion.

• Analyzing complex processes and data to identify risk areas, determine the effectiveness of controls, and outline control gaps.

• Mining databases and applying analytics tools/methods (e.g. SQL) to aid discovery and testing.

• Recommending risk remediation actions, brokering solutions with management, and driving remediation where appropriate.

• Effectively managing multiple projects and responsibilities within prescribed timelines, including individual as well as team responsibilities.

• Communicating complex issues by distilling them into concise summary reports and presentations.

• Producing high quality management level reporting.

Certifications:

Category:

Risk

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. Some roles may have unique onsite requirements. Please consult with your recruiter for the specific expectations for this position.

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.