Posted 3 days ago
No clicks
**Senior Manager, Risk - Fidelity Wealth Products** Direct and mitigate personal card, savings, and lending product risks. Collaborate with cross-functional teams to ensure risk consideration in new services. Responsibilities include risk assessments, control reviews, incident management, and influencing change. Requires 6-8+ years in risk/compliance, financial services expertise, and knowledge of card program management. Familiarity with Archer tool and FINRA Series 7 license a plus. This role requires strong analytical, communication, and collaboration skills to drive risk-based decision-making. Base salary: $89,000-$180,000.
- Compensation
- $89,000 – $180,000 USD
- City
- Not specified
- Country
- Not specified
Currency: $ (USD)
Full Job Description
Job Description:
Please Note: We are unable to provide visa sponsorship for this role.
The Role
The Sr. Risk Manager will provide risk management support to Fidelity Wealth (FW) product and operations teams with an emphasis on personal cards and specialty savings and lending products and capabilities. Your partnership with business leaders and cross-functional partners will help to ensure risks are appropriately considered and mitigated as new and changing products and services are developed for Fidelity Wealth customers. This includes supporting a debit card program management function.
The Team
The Fidelity Wealth business helps customers and their families navigate financial complexity to confidently grow wealth throughout their lifetimes. Your primary role is to work closely with the Fidelity Wealth product and operations teams to understand business risks related to core and ongoing operations, as well as new and emerging products, services and technology. As a representative of the FW Risk team, you will interact with leaders and associates at many levels in the organization. It will require an individual who works well both independently and as part of a larger cross-functional group. You will be involved in various projects that will assist Fidelity Wealth with achieving business objectives.
You will help your business partners by:
- Conducting risk assessments
- Performing control reviews
- Providing risk advisory/initiative support
- Managing and mitigating risk incidents
- Providing analysis and reporting
- Fostering strong partnerships and relationships to influence change
- Working with partners in Legal and Compliance to support regulatory changes or issues
- Assisting our internal and external Audit partners, and
- Ensuring there is appropriate reporting, communication and awareness on issues identified to make sure the business and Risk organizations are making informed decisions.
The Expertise You Have
- 6-8+ years of experience in risk management, compliance, audit, legal or related control function.
- Strong financial services, banking, and / or broker-dealer industry knowledge
- Knowledge of payment/debit card program management risk oversight a plus.
- Understanding of FW platforms including supporting database and cloud technologies.
- Proven problem-solving skills and experience making decisions.
- Risk assessment and / or controls or audit experience.
- Strong analytical and communications skills.
- Working knowledge in the field of data analytics a plus.
- Experience with Archer or similar GRC tool is a plus.
- Advanced degree or FINRA license (Series 7) is a plus.
The Skills You Bring
- A dedication and willingness towards continuous improvement and learning new skills and capabilities.
- Reinforcing the focus on being a collaborative partner in helping FW execute on their goals and proactively identifying risks to facilitate that execution.
- Understanding of product development principles and practices.
- Excellent communication, collaboration and influencing skills. The ability to influence others is crucial.
- A skillset that can summarize and present findings in an organized and professional manner.
- An ability to interact with all levels of the organization and appropriate business partners.
The Value You Deliver
- You understand issues and key areas of risk within FW and will drive through a risk-based approach thought leadership that assists with outcomes.
- Coordinating and appropriately escalating incidents and supplying reporting to senior leaders to help identify risks and assist with appropriate mitigation strategy recommendations.
- To be able to clearly and succinctly convey high level summaries of projects, areas of concern, and actions/decisions needed to move forward.
- You must clearly tell the story and help the business understand any risks associated with deliverables and suggested actions to mitigate or accept these risks.
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.
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
