Senior Analyst, Equity Trade Support

Job Description:

The Role:

The Equity Trade Support Analyst provides a very broad range of support functions to various sales and trading desks within Fidelity Capital Markets. With advances in technology, it is important that you have an aptitude for understanding complex (and changing) workflows. We need you to efficiently apply your knowledge and experience to the problem or task at hand, while having an appreciation of the impact your decisions may have on other partners (i.e. customers, colleagues, traders, etc.) We would like you to feel empowered to be proactive and creative when it comes to solving business problems. In support of the various desks and clients, we expect you to work closely with other middle office, back office, and technology personnel to achieve straight through processing while minimizing risk, exposure, and errors. 

• Monitoring and ensuring timely and accurate allocations for equity trades, including blocks, electronic, SAM, and Program trades 

• Resolving issues with unallocated trades, incorrect allocations, money differences, trades that are not settling, clearing, or comparing, problem with confirms and bad account instructions, closed accounts, P&S trade breaks, DVP/RVP Fails, and step-outs 

• Building and maintaining contacts with clients, contra brokers, floor brokers, and other parties involved with trade execution, allocation, clearance, and settlement 

• Monitoring error accounts, including assisting sales/traders with running, covering, and documenting errors, as well as providing timely reporting on all errors 

• Analyzing internal operations, seeking ways to improve work flows through automation. 

• Minimizing operational, monetary, and reputational risk to the firm by building and supporting a thoroughly procedurally-compliant  

The Expertise and Skills You Bring:

• Brokerage industry experience, preferably in trading or middle/back-office operations 

• Bachelor's Degree 

• Series 7 and 63 Licenses (if not currently registered, such exams must be successfully passed within six months of hire) 

• You have strong analytical and project management capabilities 

• You can work independently with little direct supervision with recognition of when to partner and collaborate to gain consensus across multiple business divisions 

• You offer detailed knowledge of custody operations: such as DVP/RVP flows 

• You bring proven understanding of comparison, clearance and settlement for domestic equity and options 

• You have an ability to balance trading risks and the escalation process effectively and timely 

The Team 

Fidelity Capital Markets is the institutional trading arm of Fidelity Investments, providing trading products and services to a wide array of clients, including buy-side institutions and hedge funds, as well as to Fidelity’s own businesses. FCM offers a suite of electronic brokerage products and execution services across multiple asset classes including equities, fixed income, options, and forex, as well as prime brokerage, securities lending, and municipal and bank issued brokered CD underwriting. Our product coverage includes Equity Block Sales/Trading, Program/Electronic Trading, SAM Trading, International Equity Trading, Prime Brokerage, Soft Dollars, and New Accounts. 

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

Certifications:

Series 07 - FINRA

Category:

Brokerage Operations

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.