Posted 5 days ago
No clicks
**Credit Risk Analyst** with 1-2 years' experience needed for Fidelity's Credit Risk Management team. Evaluate institutional trading counterparts' creditworthiness, focusing on Hedge Funds, and monitor market exposure. essential skills include financial statement analysis, Bloomberg, S&P Capital IQ, Power BI, and strong analytical, communication, and problem-solving abilities. Collaborate with cross-functional teams to address issues, contributing to risk management system enhancements. Full-time onsite work required.
- Compensation
- $67,000 – $127,000 USD
- City
- Not specified
- Country
- Not specified
Currency: $ (USD)
Full Job Description
Fidelity will not provide immigration sponsorship for this position.
Job Description:
As an Analyst within the Credit Risk organization, you will assess and evaluate the creditworthiness of institutional trading counterparts of Fidelity Capital Markets (FCM) as well as monitor the credit and market exposure to these counterparts. Your role will primarily focus on Hedge Funds but also Asset Managers, Proprietary Trading Firms, Family Offices, Pension Funds and Endowments. You will perform a qualitative and quantitative analysis of the financial condition of the firm, the products and markets in which the firm is engaged, the firms investment strategy, the strength of the firms management team and whether there is any reputational risk in doing business with the counterpart. You will monitor trading line usage for assigned counterparts, proactively identify emerging risks, and escalate issues to Senior Managers as needed.
The Team
The Fidelity Institutional Credit Risk Management Team sits within the Risk, Vendor Management and Global Security organization and is part of the Credit and Counterparty Center of Excellence. The team is responsible for credit risk assessments for new and existing clients including but not limited to banks, broker/dealers, hedge funds, registered investment advisers and corporations.
The Expertise You Have
- Bachelors degree in Finance, Economics, or Accounting
- 1 2 plus years of related credit and/or financial industry experience
- Experience with Hedge Funds is preferable
- CFA Candidacy, helpful but not required
The Skills You Bring
- Your knowledge of Prime Brokerage, Capital Markets products, digital assets, investment strategies, financial statement analysis and accounting principals
- Strong analytical, written, and oral communication skills that will be leveraged in influencing decisions
- Your ability to work effectively in a trading environment, prioritize workload and contribute as a member of a dynamic, fast paced team
- Excellent problem-solving skills
- Your experience with Bloomberg, S&P Capital IQ, PowerPoint, Excel, Tableau and Power BI
The Value You Deliver
- Assisting senior members of the team performing written financial and risk analysis on all new and existing trading counterparts and establishing appropriate trading guidelines based on analysis
- Maintaining and updating credit profiles for counterparties
- Monitoring and escalating credit and market exposure as necessary, utilizing various financial tools to assess, monitor, and measure daily counterparty trading activity
- Contribute to the continuous improvement of risk management systems through testing, validation, and enhancement initiatives
- Collaborating with Compliance, Legal, Collateral and Operational Risk teams and building relationships across the organization to resolve issues and support the needs of the Fidelity Prime Services business
Fidelitys Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.
Placement in the range will vary based on job responsibilities and scope, geographic location, candidates 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 Fidelitys 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.
Certifications:
Category:
RiskApply
All fields are required. Candidates should limit the number of roles they apply to at any given time.
Benefits that balance life and work
From our fully paid parent leave to our on-site health and wellness centers, our benefits support the belief that more balance you have, the better you can achieve your goals.
Company overview
Company overview
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 experience.
Reasonable accommodations
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 contact the HR Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 3.
Equal opportunity employer
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop, and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Applicant screening
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.
AI Guidelines
Learn about our guidelines for use of AI when applying for a Fidelity job
