Job Description

The Role

The Risk Manager position fulfills a key role within Fidelity Institutional Risk, supporting the FI Risk team. This is an individual contributor position responsible for conducting risk assessments, internal control testing, and assisting both client support and operational teams in evaluating complex scenarios. The Risk Manager leads and manages reference-based projects to ensure commitments and deadlines are met. The role will participate in team development and contribute to FI Risk program goals by sharing subject matter expertise, industry knowledge, and best practices!

The Expertise and Skills You Bring

Strong understanding of brokerage New Accounts, Money Movement, Retirements, and Account Registration operational processes and related procedures.
Ability to combine your brokerage business and financial product knowledge in sales & trading and clearing & custody operations with risk assessment practices.

Ability to identify inherent risks to the business (operational, financial, market, credit, regulatory, technology) as well as determine residual risks through a range of methods, including control effectiveness assessment and testing.
Ability to plan, design, and write appropriate procedure content to support end user consumption.
Ability to drive initiatives independently with minimal oversight from inception to completions and achieve results within prescribed scope and timelines.
Fosters and maintains relationships with colleagues and key business partners.
Strong research and analytical skills.
Bachelor’s degree or 5+ years of relevant experience at a broker-dealer, bank or transfer agency and in-depth knowledge of operational functions.
Relevant experience should ideally include risk management, audit, compliance, regulatory examination, broker dealer operations or other related functions.
Strong brokerage business and financial knowledge and the ability to assimilate risk assessment practices and frameworks.
Technical expertise to query and analyze data to support operational / business process reviews.
Excellent verbal and written communication skills.
Advance knowledge MS Products, SQL, and Tableau preferred.

The Value You Deliver

Working independently and with colleagues to conduct risk assessments to effectively assess the risk profile within high risk and highly regulated business areas and drive risk reduction.
Ability to engage interested parties and facilitate discussions, working sessions, and walkthroughs to accomplish assessment achievements and follow protocols through to completion.
Analysis of complex processes and data to identify risk areas, determine the effectiveness of controls, and outline control gaps.
Ensuring effective risk management and oversight is in place to protect Fidelity and its customers.
Mining databases and applying analytics tools/methods to aid discovery and testing.
Recommending risk remediation actions, brokering solutions with management, and driving remediation where appropriate.
Effectively managing multiple projects and responsibilities within prescribed timelines, including individual as well as team responsibilities.
Communicating complex issues by distilling them into concise summary reports and presentations.
Producing high quality management level reporting.