Fidelity Investments Manager, Risk Management in Boston, Massachusetts
The Expertise We’re Looking For
Education MBA or Masters in a relevant field
Minimum of 5 years of experience in financial services
The Purpose of Your Role
Corporate risk includes approximately 40 associates with focus on (1) identifying and escalating firm-wide issues; (2) overseeing Business Unit counterparty risk; (3) establishing and maintaining a firm-wide governance for User Defined Applications and Quantitative Models, (4) serving a center of excellence for independent model validation; and (5) lastly supporting Diversified Investments companies’ risk management programs.
This position will be a key member on Corporate Risk’s team responsible for managing Fidelity’s Model Governance and Counterparty Risk. As a senior risk manager, you will:
Support & enhance Fidelity’s Model Governance Program and manage model risk reporting.
Create and deliver training on policy, standards and procedures
Measure, monitor and report counterparty risk and limits and enhance tools and reports related to credit and market risks
Establish and cultivate relationships with the lines of business, model validation teams, and risk management staff
Support ad-hoc report requests for analysis and/or research
The Skills You Bring
5 years’ experience in financial markets, securities, and institutions.
A background in banking is desirable.
Willingness and capacity to learn complex financial concepts.
Excellent communication skills in both formal and informal settings (written and verbal)
Excellent problem solv er and project management skills
The Value You Deliver
We have key and targeted multi-month initiatives (e.g., model inventory updates, and model governance pilot projects) that have already been endorsed by the Business Units and awaiting execution in Q4 2017 and 2018. Additionally, we have been tasked to create an enterprise wide dashboard to monitor and report counterparty risk weekly. The new person will enable us to enhance and automate our processes in order to identify and report problems with the better agility.
At Fidelity, we are focused on making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. For information about working at Fidelity, visit FidelityCareers.com
/ Fidelity Investments is an equal opportunity employer /
Title: Manager, Risk Management
Requisition ID: 1707591