Senior Securities Finance Specialist

5 days ago


Boston, Massachusetts, United States Fidelity Investments Full time

Job Title: Senior Securities Finance Specialist

Job Summary:

This role will require you to establish yourself as the Securities Finance point person for the Fidelity client base across the enterprise. You will manage the relationships as well as provide education & support to internal counterparts and channel clients on all Securities Finance related matters. The business management side of the role touches several aspects within Prime Services – risk, margin, tax, capital efficiency.

Key Responsibilities:

  • Management of locates, short positions, their rates and profitability.
  • Collaborate with product teams and project managers across the organization to align business strategy, drive towards streamlined solutions, and improve client experience.
  • Work towards a thorough understanding of the products and offerings within Prime Services – Examples include Portfolio Margin, Cash Sweep, and Arranged Finance
  • Help perform daily and monthly supervisory tasks for Prime Services and Family Office
  • Serve as a trusted point of contact for internal risk management functions
  • Work with business partners across the channels to evaluate new business opportunities

Requirements:

  • Bachelor's degree required
  • Series 7, 24 & 63 and/or progress toward obtaining necessary licenses
  • Knowledge and understanding of Securities Finance and Prime Brokerage required
  • 2+ years' experience in brokerage or Risk preferred
  • Strong knowledge of Microsoft Office Applications (Excel/PowerPoint)
  • Team oriented, strong attention to detail and interpersonal skills
  • Ability to work in a deadline-oriented environment managing multiple responsibilities/projects simultaneously

About the Team:

The Prime Services Business Management group's responsibilities range from overseeing clients' Securities Lending / Prime Brokerage activity across the Fidelity enterprise, to management and supervision of the Prime Services business – including operational risk, controls, margin, audit, exception processing, capital usage and exploration of new initiatives.



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