Posted 8 days ago
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**Vice President, Brokerage Risk:** Lead and advise on operational risks for Fidelity's retail brokerage businesses. Drive risk governance, identify trends, and influence senior leaders. Requires 10+ years' risk/compliance/audit experience, brokerage familiarity, exceptional judgment, and MBA or Juris Doctor preferred. Collaborate with diverse teams across digital and traditional services. Role exclusively onsite, with benefits promoting work-life balance.
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Full Job Description
Fidelity will not provide immigration sponsorship for this position.
Job Description:
Vice President, Brokerage Risk
The Brokerage Risk team advises Fidelitys dynamic individual investor businesses building lifetime relationships with self-directed clients and helping them save and invest. You will report to the Head of Brokerage Risk and be responsible for advancing critical components of our risk governance program covering a wide array of brokerage products and services, brokerage operations, retail client services, and digital product and engineering initiatives.
The Expectations for this Role
- Advise senior leadership on operational risks and risk mitigation strategies
- Lead a team responsible for identifying, assessing, and monitoring risk
- Support and participate in dedicated risk governance forums, including risk committees
- Proactively identify, assess, and monitor operational risks and remediation action plans
- Develop and track key risk indicators to monitor operational risk profiles
- Advise on new business product/service offers and other key initiatives
- Analyze data and partner with other lines of defense to identify emerging risk trends
- Timely investigate incidents, determine root cause, and advise on corrective actions
- Build effective working relationships with business leaders and cross-functional partners
The Expertise and Skills You Bring
- Bachelors degree (required)
- MBA, Juris Doctor, or other masters degree with strong academic credentials (preferred)
- 10 plus years of risk, compliance, legal, or audit experience at complex financial services institutions, e.g., asset managers, banks, regulatory agencies (required)
- Experience independently delivering on the expectations for this role (required)
- Experience with brokerage products and services, brokerage operations, or client service operations including familiarity with regulatory requirements (required)
- Familiarity with digital assets, including cryptocurrencies (preferred)
- Ability to deliver engaging, compelling, and persuasive presentations and reporting (required)
- Exceptional judgment and analytical skills you will need to excel at quickly analyzing complex risk and business issues in a variety of substantive areas (required)
- Experience with Archer GRC (preferred)
Behavioral Attributes
- Exhibits executive presence and effectively persuades and influences senior leaders
- Leads, develops, and inspires high-performing teams
- 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.
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.
Certifications:
Category:
RiskPlease 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.
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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.
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