Job Description:

The Role

Do you want to make a difference in our customers’ lives and be part of a highly collaborative, cross-functional team committed to ensuring the accuracy of the firm’s Regulatory Reporting Platforms within Fidelity Capital Markets? We are looking for an Associate, Regulatory Reporting who works within a team responsible for ensuring the overall integrity of trade and position reporting submitted to the regulators for National Financial Services and Fidelity Brokerage Services. You will act as a primary interface between trading desks, operations teams, compliance, systems development teams and other business partners that have an impact on Regulatory Reporting. You will play a key role in ensuring reporting obligations have been met through thoughtful data analysis and deep understanding of regulations and our trading infrastructure. In addition, you will maintain positive relationships with internal and external partners to gain knowledge of new rules or interpretations and implement internally to ensure compliance.

The Expertise and Skills You Bring

• Experience with the trade and position reporting requirements of a broker/dealer including but not limited to MSRB, TRACE, LOPR, Electronic Blue Sheets (EBS) and ACT. In addition, experience with Fixed Income processing would be ideal.

• Strong knowledge of broker/dealer Customer and Account Information systems preferred

• Ability to identify issues through complex analysis; develop solutions and drive to resolution.

• Working knowledge of SQL and Oracle databases preferred

• Understand complex order routing flows and their impact to downstream systems.

• Understand the various regulatory requirements of a broker dealer as it relates to trade and position reporting.

• Series 7 and 52 required within 9 months of hire

• Ability to build and maintain professional relationships with various teams both external and internal to Fidelity.

• Excellent verbal and written communication skills and the ability to present material to senior leaders as well as peers.

• Microsoft Office applications, particularly Excel and PowerPoint

• Strong time management and prioritization skills

• Lead and/or actively participate in projects and drive positive results.

• Working across Regulatory Reporting group to; craft new analytical methods to proactively identify discrepancies in data across several reporting platforms and analyze the details available in disciplinary actions and industry fines to identify vital areas of improvement in our existing procedures.

• Acting as subject matter authority to internal and external business partners on regulatory reporting requirements. Be aware of upcoming rule changes and understand impact to both operational and system flows, identifying system and/or process flow changes needed.

• Supporting the Compliance team in responding to inquiries, audits and/or exams from regulators in a timely manner. Providing requested data and expertise in determining the accuracy and completeness of the reporting submitted.

• Supporting technology projects relating to regulatory reporting systems by developing and documenting user requirements, user acceptance test plans and post-production validation

The Team

This dynamic team is part of Fidelity Capital Markets. Fidelity’s broker-dealers, National Financial and Fidelity Brokerage Services, are required to send significant amounts of detailed trading data to various governmental and industry regulators such as FINRA CAT, the SEC and MSRB. The Regulatory Reporting group plays an integral role in ensuring that all trading activity has been accurately reported to the Regulatory agencies. The team’s directive is to analyze and identify issues or discrepancies in our reporting programs and work closely with the Operations and Technology teams to deliver a solution to address these. Issues with reporting can lead to inquiries, disciplinary action or fines.

Certifications:

Series 07 – FINRA, Series 52 – FINRA