Job Description:
The Role:
This individual will work as part of a team that spans support across Levered SMA, FOS, Pro Trader and Prime businesses (henceforth known as Fidelity’s Prime Services). Fidelity’s Prime Services client base and product offerings continue to expand. This role is Pro Trader focused and will require you to establish yourself as a Pro Trader point person across the Fidelity Enterprise as well as with asset a growing client base of Retail long/short investors. Pro Trader is a professional trading platform focused on sophisticated retail traders and smaller institutions (hedge funds / family offices).
The role requires coordination with external clients and various internal teams including legal, risk, compliance, operations, product management, service, relationship management, and senior management, both within and outside of Fidelity Capital Markets. Attention to detail, communication skills and a dedication to client excellence are required for this role to drive value for both Fidelity Capital Markets and our clients as we manage the growth and development of the Pro Trader and the growing Trader platform.
The Expertise and Skills You Bring:
- Series 7, 63, licensed
- Bachelor’s degree – Finance, Accounting, and Economics
- 7-10+ years financial industry experience
- Brokerage Experience
- Ability to communicate and interact effectively across the organization at all levels.
- Collaborative and team-oriented
- Self-Motivated and Diligent
- Ability to balance and prioritize multiple responsibilities under tight deadlines
- Establish yourself as a Pro Trader point person across the Fidelity Enterprise as well as with Fidelity Retail, Fidelity Capital Markets, RIAs and Business partners.
- Provide education and support to internal counterparts, Managers and clients on all Pro Trader related matters.
- Build and maintain strong working relationships with key stakeholders including business partners and senior leaders across Fidelity and external parties.
- Serve as a primary daily coverage contact for clients, triaging the team inbox, responding to client inquiries and escalating time-sensitive requests appropriately.
- Lead support for new clients, assisting clients with Trading, navigating Trader and collecting feedback to improve the development of the platform.
- Monitor and coordinate resolution of margin calls, collateral requirements and working with clients and internal teams to ensure timely and compliant action.
- Identification of potential risk and operational opportunities across the platform.
- Build relationships with new and existing trading focused clients, collect feedback and identify opportunities to bring in outside assets.
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.
The base salary range for this position is $103,000-211,000 USD 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.
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.
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. Please consult with your recruiter for the specific expectations for this position.
Certifications:
Series 07 - FINRA, Series 57 - FINRA, Series 63 - FINRACategory:
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Benefits that balance life and work
From our fully paid parent leave to our on-site health and wellness centers, our benefits support the belief that more balance you have, the better you can achieve your goals.
Company overview
Company overview
At Fidelity, we are passionate about 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 experience.
Reasonable accommodations
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation contact the HR Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 3.
Equal opportunity employer
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop, and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Hybrid work schedule
Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite all business days of every other week in a Fidelity office.
Applicant screening
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.