Global Middle Office Representative III - Fidelity TalentSource LLC

Job Description:

The Role

As a member of this team, you will be reporting to the Derivatives Manager, will support the operational activities for the various products managed by the team. You will use your industry expertise and collaborate with your team to complete trade confirmation, complete the lifecycle events associated with trades, execute margin calls, transfer collateral, research and resolve variances and be the first point of contact for business partners. Additionally, you will provide support for tactical, strategic, and regulatory projects for our growing derivatives capabilities!

The Expertise and Skills You Bring

• Four-year college degree in business or finance
• 1-3 years of financial services work experience preferred
• Your collateral management and/or middle office experience
• A multi-tasker with effective interpersonal skills
• Attention to detail in following procedures & controls to ensure accurate and timely work
• The ability to work in a small, tight-knit team daily to share responsibilities
• Ability to recognize and escalate high-risk items to minimize loss to either the shareholder and/or Fidelity
• Innovation to come up with operational improvements
• Knowledge of Microsoft Office Products (such as Word or Excel), and the ability to train on and work with different operating systems
• Completing trade confirmations and executing on lifecycle events associated with derivatives trading
• Executing daily margin calls, instructing, and confirming settlement of collateral, analyzing, researching, and resolving margin call and collateral variances with broker-dealers and custodian banks
• Providing reporting to key internal and external business partners
• Advancing problems which could have a potential impact on daily operations
• Assisting in the development and review for new and/or changes to departmental policies and procedures
• Testing and automating processes and workflows in a constantly evolving environment

The Team

We are the Derivatives team that is a business unit within Global Middle Office. We work with Fidelity's trading desks, global custodians, broker-dealers, and various internal and external business partners to support derivatives trade confirmation, lifecycle events, and collateral management for Fidelity managed funds. Core processing and services that the Derivatives Analyst will support includes legal trade confirmation, periodic payments, exchange traded futures collateral, centrally cleared collateral, OTC collateral, MSFTA collateral, settlements, reconciliation, and on-boarding of new products, funds, and broker-dealers. Do you want to be a part of this phenomenal team?

Fidelity Funds & Investment Operations (FFIO) provides accounting and investment management support services for Fidelity mutual funds and other retail and institutional investment products. These services include calculating and distributing NAVs, distribution rates and yields for a wide variety of investment products; preparing fund financial statements, dividend estimates and tax returns; monitoring delivery of fund trades to custodian banks; processing corporate actions; collecting securities income on behalf of the funds; reconciling, reporting and moving money in support of fund shareholder transactions; and managing fund liquidity.

Certifications:

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients money.

Join Us

At Fidelity, you ll find endless opportunities to build a meaningful career that positively impacts peoples lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a

, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don t need a finance background to succeed at Fidelity\u2014we offer a range of opportunities for learning so you can build the career you ve always imagined.

blends the best of both onsite and offsite work experiences. Having the majority of our associates work onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most roles listed as Hybrid will require associates to work onsite all business days of every other week in a Fidelity office. This does not apply to roles listed as Remote or Onsite.

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.

We invite you to Find Your Fidelity at

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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.

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

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