Fidelity Investments
Senior Analyst, Prime Services Middle Office
Fidelity Investments, Boston, Massachusetts, us, 02298
Job Description:
The Role
Are you looking for an outstanding opportunity for education and exposure to Prime Brokerage, hedge fund client support, stock loan, and custody services? You will own aspects of trade flow support, client asset movements, and reporting. You will work alongside Prime Services account managers, Institutional Trading, and Sales in the support of the client base. Additionally, we maintain professional working relationships with various business organizations within Fidelity and are exposed to risk and technology projects/reviews. While working in a custody environment, you will develop an understanding of trading/reporting systems, regulatory requirements, risk awareness, compliance rules, internal and external institutional entities, and financial markets.Ownership of day-to-day support for prime brokerage relationship management team, resolving all client inquiries in a timely mannerBecoming a specialist of processing and review of daily security and cash movements, corporate actions, stock certificate/ deposits, and restricted stock cleanup.Providing assistance in the development of new procedures, products, and technologies sought at improving service to clients. Involvement in the testing and implementation of such products.Responsible for daily portfolio accounting data to ensure accurate client reportingWorking with client implementation team to onboard new business to Fidelity Prime ServicesOversight of asset servicing transactionsResponsible for daily delegation of tasksProviding assistance in the review of management daily supervisionThe Expertise and Skills You Bring:
Bachelor's Degree, plus 1-2 years of brokerage or portfolio accounting experience.FINRA Brokerage licenses 7, 63 required, 24 preferredBrokerage industry experience, preferably in trading or middle/back-office operationsSolid understanding of domestic and international equity, fixed income, and derivative productsBasic understanding of accounting principles, brokerage accounting, securities settlement, and custody preferredYou are self-motivated and can operate as part of a teamYou bring excellent digital literacy and are Microsoft Office proficient with excel macro aptitude a plus.You possess interpersonal skills and the ability to process work accurately with attention to detailAbility to work in a fast-paced environment with frequent interruptions and the aptitude to multi-task with many different systemsYou bring strong leadership skills
The Team
The Prime Services Middle Office team handles all aspects of support for Fidelity's hedge fund investment manager client base. This includes trade processing, client service, and exception management.
Certifications:Series 07 - FINRA, Series 63 - FINRA
Category:
Brokerage Operations
Fidelity's hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.
The Role
Are you looking for an outstanding opportunity for education and exposure to Prime Brokerage, hedge fund client support, stock loan, and custody services? You will own aspects of trade flow support, client asset movements, and reporting. You will work alongside Prime Services account managers, Institutional Trading, and Sales in the support of the client base. Additionally, we maintain professional working relationships with various business organizations within Fidelity and are exposed to risk and technology projects/reviews. While working in a custody environment, you will develop an understanding of trading/reporting systems, regulatory requirements, risk awareness, compliance rules, internal and external institutional entities, and financial markets.Ownership of day-to-day support for prime brokerage relationship management team, resolving all client inquiries in a timely mannerBecoming a specialist of processing and review of daily security and cash movements, corporate actions, stock certificate/ deposits, and restricted stock cleanup.Providing assistance in the development of new procedures, products, and technologies sought at improving service to clients. Involvement in the testing and implementation of such products.Responsible for daily portfolio accounting data to ensure accurate client reportingWorking with client implementation team to onboard new business to Fidelity Prime ServicesOversight of asset servicing transactionsResponsible for daily delegation of tasksProviding assistance in the review of management daily supervisionThe Expertise and Skills You Bring:
Bachelor's Degree, plus 1-2 years of brokerage or portfolio accounting experience.FINRA Brokerage licenses 7, 63 required, 24 preferredBrokerage industry experience, preferably in trading or middle/back-office operationsSolid understanding of domestic and international equity, fixed income, and derivative productsBasic understanding of accounting principles, brokerage accounting, securities settlement, and custody preferredYou are self-motivated and can operate as part of a teamYou bring excellent digital literacy and are Microsoft Office proficient with excel macro aptitude a plus.You possess interpersonal skills and the ability to process work accurately with attention to detailAbility to work in a fast-paced environment with frequent interruptions and the aptitude to multi-task with many different systemsYou bring strong leadership skills
The Team
The Prime Services Middle Office team handles all aspects of support for Fidelity's hedge fund investment manager client base. This includes trade processing, client service, and exception management.
Certifications:Series 07 - FINRA, Series 63 - FINRA
Category:
Brokerage Operations
Fidelity's hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.