Associate Analyst, Brokerage Operations

Job Description:

The Role

In this role, you will be expected to deliver world class service to internal and external (correspondent, investment advisors and contra parties) clients by settling their transactions timely and accurately while adhering to policies, procedures and regulatory guidelines. You will utilize internal as well as external systems and partner with various departments to settle transactions. Responsibilities will include monitoring and managing the settlement of transactions and buying in parties that are failing to deliver to NFS and retransmitting buy-ins to external or internal parties where NFS is failing to deliver.  You will work closely with management to identify and resolve complex issues related to the resolution of the fail and identify trends.  

The Experience And Skills You Bring 

•  Manage outgoing buy-ins and ensure proper coverage on incoming buy-ins while meeting all applicable deadlines 
• Resolve risk related transactions and escalate accordingly 
•  College degree preferred  
• 2-4 years of relevant buy-in experience or 3-5 years of brokerage experience 
• Knowledge of DTCC PTS terminal as well as DTCC’s SmartTrack system 
• Knowledge of SEC Rule 204 Buy-In process 
• Expert knowledge of industry regulations and with firm policies and procedures 
• Attention to details while being efficient and effective (time management) 
• Ability to communicate effectively with internal and external business units 
• Highly motivated with the ability to multi-task and complete assigned tasks in a timely and accurate manner while assisting with managing daily task list 
• Ability to work effectively in a team-oriented environment 
• Excellent communication and interpersonal skills and the ability to effectively train associates 
• Strong knowledge of internal systems and PC applications (especially with Excel) 
• Assist in training junior associates

Company Overview 

At Fidelity, we are focused on making our financial expertise broadly accessible and effective in helping people live the lives they want— from the 23 million people investing their life savings, to the 20,000 businesses managing their employee benefits programs, to the10,000 advisors and institutions needing innovative technology solutions to invest their clients’ money. To do this well, as a privately held company, we place a high degree of value in nurturing a work environment that attracts the best talent and reflects our commitment to being an employer of choice. For more information about Fidelity Investments, visit www.fidelity.com. 

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.

Certifications:

Category:

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.