Associate Analyst, Accounts and Commission Management

Fidelity will not provide immigration sponsorship for this position.

Job Description:

The Role:

The Operations Associate Analyst is responsible for quality service and operational support to the New Accounts and Commission Management groups! Additionally, the associate analyst must be able to build and maintain professional working relationships with various business groups within Fidelity as well as maintain external client relationships.

• Assist with the creation and maintenance of new institutional accounts for Fidelity Capital Markets Sales desks while following policies and procedures in place, including working with client implementation to onboard new business
• Review client documentation to confirm completion as well as ability to resolve any issues and accurately input information
• Administer Fidelity Institutional Commission Management program to facilitate clients using commission dollars to fund investment research and other related activities. Responsibilities include working with business channels for vendor relations, invoice approvals and processing, client statement analysis and production, and issue resolution
• Interact with clients in service of their different data aggregation vendors to add invoices, trade information and resolution of issues
• Assist in project work and reporting

The Expertise and Skills You Bring:

• 1-3 years of Brokerage Operations experience
• Bachelor’s degree required
• FINRA Brokerage licenses 7 and 63 required
• Interpersonal skills and the ability to process work accurately with attention to detail
• Excellent computer skills and Microsoft Office proficient
• Ability to multi-task with many different systems. Fidelity systems experience a plus
• Ability to work in a fast-paced environment with frequent interruptions and the skills to multi-task with many different systems
• Working independently to resolve reoccurring problems and call out more difficult issues
• An ability to work in a small team environment

The Team:

Fidelity Capital Markets (FCM) 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.

Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.   

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home.  These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career.  Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

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