Senior Attorney – Fidelity Institutional
Posted on: 5 Jul 2021
Smithfield, RI | Jersey City, New Jersey
Job Description
Based in Smithfield, RI or Jersey City, NJ, this role will provide legal support to the Fidelity Institutional business, a collection of business groups that provide brokerage services and investment advisory offerings to third party intermediary clients, including registered investment advisors, banks and broker-dealers.
The Expertise You Have
JD and at least 5-10 years of law firm, industry, or regulatory experience.
Admitted to practice or willing to secure bar admission in the relevant jurisdiction.
Experience in broker-dealer and securities laws (Securities Exchange Act of 1934, Securities Act of 1933) and related rules and regulations, including FINRA rules, and familiarity with the regulatory framework for investment advisors and alternative investments.
The Value You Deliver
Evaluating and assisting in the development of brokerage and custody products and services in collaboration with multiple groups within Fidelity, including product, client experience, risk, compliance, finance, sales, technology and marketing.
Supporting sales, relationship management and client experience teams
Advising on alternative investment custody and distribution and supporting restricted stock team.
Providing legal support, analysis and interpretation in connection with regulatory and legislative and policy developments.
Giving strategic advice and analysis to senior business executives.
Analyzing complex factual situations with an understanding of the broader business and firm context, while weighing the relative risks to the firm.
The Skills You Bring
Experience advising on SEC, FINRA and other laws, rules and regulations applicable to broker-dealers, investment advisors and mutual funds.
Strong work ethic and excellent judgment and attention to detail.
Ability to work independently under pressure in a fast-paced and dynamic environment handling multiple projects simultaneously with minimal day-to-day supervision.
Ability to effectively collaborate on projects and initiatives and build relationships within the Legal department and across the firm, while exhibiting behavior consistent with Fidelity’s culture and values.
Excellent presentation and oral communication skills, and the ability to influence diverse groups of professionals.
Strong writing and research skills, adaptive to and effective for different audiences.
Strong drafting and negotiation skills
Strong analytical, investigatory and problem-solving skills.
Strong sense of ownership of tasks and responsibilities.
Fidelity Investments
Boston, MA
Fidelity Investments is a privately-owned investment management company that was established in 1946 as a mutual fund company. Fidelity now offers a range of services including fund distribution and investment advice, wealth management, life insurance, retirement services, and securities execution and clearance. It manages equity, fixed income, and balanced mutual funds for individual investors, businesses, financial advisors, and institutional investors.
Based in Boston, Massachusetts, it is one of the largest investment management firms in the United States, with over 26 million customers, $6.5 trillion in total customer assets, and more than $2.4 trillion in global assets under management
History of Fidelity Investments
The Fidelity Fund was established in 1930, a year after the stock market crash of 1929 and before the Great Depression of 1933. The fund continued to operate until 1943 when it was acquired by Boston-based lawyer Edward C. Johnson II. At the time, the fund reported assets under management valued at $3 million. In 1946, Johnson II founded the Fidelity Management and Research Company, now Fidelity Investments, to serve as an investment advisor to the Fidelity Fund. When running the fund, Johnson’s objective was to buy stocks with a potential for growth, and not necessarily blue-chip stocks.
Fidelity Investments Operations
Fidelity Investments operates several businesses, with the main ones being mutual funds and brokerage services. The mutual fund division comprises three divisions – equity, high-income, and fixed income divisions. The company operates Fidelity Contrafund, the largest non-indexed mutual fund in the United States, with over $107.4 billion in assets. Fidelity Investments also owns Fidelity Magellan, which was at one time managed by former CEO and President Ned Johnson. Fidelity Magellan manages assets totaling $15.5 billion.
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IndustryBanking/Financial Services
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No. of Employees50,000+
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Website
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Jobs Posted878
