Job Description:

MODEL RISK MANAGEMENT – DIRECTOR

As a Director within Fidelity Risk’s Model Governance Team, you will play an integral role in implementing Fidelity's Model Risk Management Framework and Policy. By working closely with business and technology partners across Legal, Risk, and Compliance, you will apply their skills to validate models across the Firm, implement model inventory and control standards, and verify adherence to the Model Risk Policy.

The Team

The Fidelity Enterprise Risk Management Model Governance Team is a Center of Excellence responsible for leading the Model Risk Management Program across Fidelity. We operate as a cross-functional team setting the standards for the firm in relation to model risk and model governance. Key areas of focus include model policy and procedures, model challenges, and criticality assessment.

The Expertise You Have

• 6+ years of experience in model risk or related role (Internal Audit, Technology / Model Development or Operational Risk)
• Proficiency in Microsoft office tools
• Ability to support the Vice President implementing new initiatives

The Skills You Bring

• You prioritize tasks and manage workload across multiple projects
• You have strong analytical and technical skills, problem-solving abilities, and attention to detail
• You have strong communication and presentation skills
• You are comfortable working with all levels of management
• You work effectively when performing independent work as well as when collaborating with colleagues
• You are comfortable working on both fast-paced tactical work and longer-term strategic initiatives
• You have an exceptional sense of curiosity while prioritizing progress over perfection

The Value You Deliver

• Leading model governance projects and strategic initiatives across firm-wide business groups
• Leading and coaching a team of associates, analysts, and managers across various locations
• Performing a key role in the development and implementation of Fidelity’s Model Risk Management Framework and Policy
• Supporting the Vice President with the execution of the Senior Leadership’s vision for the Model Risk Program
• Ensuring thorough identification of all firm-wide models and meta-data to guarantee a standard and challenge for risk ratings
• Maintaining a comprehensive, centralized, and standardized model documentation, model inventory, and model performance KRIs
• Building deep working relationships with business partners
• Collaborating with senior leadership across the enterprise
• Being a resource for the business for model related questions and concerns

Company Overview

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. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit Fidelitycareers.com

Fidelity Investments is an equal opportunity employer.

The base salary range for this position is $100,000-$169,000 per year.

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.

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