Associate Analyst, Fixed Income Trade Operations

Job Description:

Are you looking for a new and exciting role? The Fixed Income Trade Operations Team is hiring, and this could be the job for you! As an Associate Analyst, Trade Operations you will be collaborate within a team environment to efficiently handle daily work volumes and quality standards.

The Role

The Associate Analyst works closely with the trading desks, broker-dealer community, and the custodian bank network to facilitate settlement in over 70 countries worldwide. In addition to the various external counterparts the trade analysts work with, there are also several internal groups that assist in the group's daily responsibilities, including Compliance, Treasurer's Office, Counterparty Risk, Legal, Fund Accounting, and other Custody groups.

The Associate Analyst role requires outstanding attention to detail, while working in a time sensitive environment, and the ability to think in unconventional ways that promotes creativity. In addition to the technical aspect of the role, the Analyst also performs project work, looks for process improvements, and partakes in training & development.

• Monitor trade instruction and delivery to custodian banks.
• Facilitate the accurate and timely delivery of critical business information to interested parties.
• Provide trade confirmation and settlement support for equity asset classes.
• Bring failed trades to a resolution by communicating with Brokers and Custodian banks.
• Communicate/escalate issues and take initiative to resolve problems.
• Participate as a Subject Matter Expert (SME) on projects.
• Assist with the development and review of departmental policies and procedures.
• Collaborating within team environment to successfully manage everyday workload and quality requirements.
• Identifying and resolving problems related to transactions or investment data in a timely fashion following established guidelines.

The Experience & Skills You Bring

• 3+ years of relevant financial operations industry experience, preferably in Trade / Custody Operations.
• Bachelor's Degree preferred.
• Solid knowledge of custody operations business, industry practices and tools preferred.
• Working knowledge of trade and market settlement practices preferred.
• Excellent interpersonal and communications skills.
• Ability to handle multiple projects and tasks simultaneously within a tight timeframe.
• Your strong analytical and problem-solving skills; coupled with collaborating effectively with others to implement solutions.
• The ability to recognize high-risk items and raise those items or seek assistance to minimize loss to either the shareholder and/or Fidelity.
• Ability to develop validated action plans to resolve daily operational issues and problems.
• Strong organization skills alongside the capacity to work independently with minimal supervision.

• Note: Fidelity will not provide immigration sponsorship for this position.

The Team

As part of Fidelity Fund and Investment Operations (FFIO) business unit, the team is responsible for facilitating the processing, enrichment, distribution, and settlement of both domestic and foreign transactions in support of our various trading desks. The Fixed Income Trade Operations role is responsible for trade operations to support FMR, FMTC, FIC accounts, FIAM, Geode and SAI. In addition, the Trade Operations team provides trade support to Fidelity's domestic and international equity, high yield, foreign exchange, and fixed income/money market trading desks located in Boston, Merrimack, London, and Hong Kong.

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Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles. Some roles may have unique onsite requirements. Please consult with your recruiter for the specific expectations for this position.

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.