Job Description:
Sr. Manager, Brokerage Risk
The Brokerage Risk team advises Fidelity's dynamic individual investor businesses building lifetime relationships with self-directed clients and helping them save and invest. This is an individual contributor role, reporting to the Director of Brokerage Risk. As an integral member of the team, you will be responsible for supporting critical components of our risk program including risk governance work, risk assessments, incident and issue management and oversight. The Brokerage Risk team covers a wide array of brokerage services including trading and margin, core brokerage operations, fraud protection, and client services.
The Expectations for this Role
Want more jobs like this?
Get jobs delivered to your inbox every week.
- Prepare materials and key inputs for executive risk governance committees.
- Lead end-to-end risk assessment process and reporting.
- Oversight of risk remediation work within GRC tool (ex. Archer) to drive progress.
- Build effective partnerships with organizational stakeholders to deliver risk outcomes, identify emerging risks, and opportunities.
- Proactively identify, assess, and monitor operational risks and remediation action plans
- Oversee Brokerage issue management to ensure compliance with enterprise risk requirements
- Build effective working relationships with business leaders and cross-functional partners
The Expertise and Skills You Bring
- Bachelor's degree
- 6-8+ years of risk, compliance, legal, or audit experience at complex financial services institutions, e.g., asset managers, banks, regulatory agencies
- Experience independently delivering on the expectations for this role
- Experience with brokerage products and services, brokerage operations, or client service operations - including familiarity with regulatory requirements
- Ability to deliver engaging, compelling, and persuasive presentations and reporting
- Exceptional judgment and analytical skills - you will need to excel at quickly analyzing complex risk and business issues in a variety of substantive areas
- Experience with Archer GRC
Behavioral Attributes
- Exhibits executive presence and effectively persuades and influences senior leaders
- Demonstrates exceptional attention to detail and communications skills
- Drives outcomes in a fast-paced, distributed, and complex environment
- Builds and maintains effective working relationships across businesses and support functions
- Balances pace over perfection
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.
The base salary range for this position is $81,000-$137,000 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.
Fidelity's hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.
Certifications:
Category:
Risk