Prime Brokerage Risk Manager

Fidelity Investments

Jersey City, NJ(remote)

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JOB DETAILS

SALARY

$80,000–$153,000 Per Year

SKILLS

Analysis Skills, Bank Stress Testing, Brokerage, Capital Markets, Communication Skills, Computer Programming, Data Analysis, Detail Oriented, ERISA (Employee Retirement Income Security Act of 1974), Finance, Investment Services, Investment Strategy, Liquidity, Loan Policy, Loans, Market Analysis, Microsoft Exchange Server, Model Validation, Policy Development, Portfolio Analysis, Process Improvement, Query Analysis, Regulations, Risk, Risk Analysis, Risk Management, Risk Modeling, Securities, Securities Investments, Simulation, State Laws and Regulations, Stock Market, Team Player, Test Plan/Schedule, Test Scenario

LOCATION

Jersey City, NJ

POSTED

1 day ago

Job Description:

Note: Fidelity will not provide immigration sponsorship for this position.

The Role

Ready to be at the center of market-moving decisions helping to protect and support a dynamic Prime Services business?! In this role, you'll own real-time risk insights-stress testing, scenario analysis, and portfolio monitoring-that directly influence margin decisions and client outcomes. You'll partner with senior stakeholders, credit, and technology to shape firm-wide risk frameworks and build next-generation risk systems! If you thrive on critical thinking, precision, and impact in fast-moving markets, this is your chance to drive change and grow your influence!!

The Expertise and Skills You Bring

The ideal candidate brings a bachelor's degree in Finance or a STEM-related field and 5+ years of relevant risk management experience, preferably within Prime Brokerage or institutional collateralized lending. You have knowledge of financial markets, investment products, and core brokerage functions-including trading, lending, margin, financing, clearing, custody, and related regulations-paired with a strong understanding of portfolio risk, stress testing, and scenario analysis. You are highly analytical, detail-oriented, and technically proficient, with advanced Excel, data querying, and analytical tool expertise; programming skills are a plus. As a self-starter and collaborative partner, you communicate complex topics clearly, influence decisions, manage multiple initiatives end-to-end, and effectively navigate and resolve conflicts.

In this role, you deliver value through sophisticated data analytics across market, liquidity, and operational risks, driving innovation in risk methodologies, controls, and parameters. You engage stakeholders through clear discussions, walkthroughs, and presentations, distilling complex risk issues into concise reports for decision-makers. By identifying inherent business risks and uncovering opportunities to enhance risk reporting and develop new key risk indicators, you help strengthen the firm's risk posture while enabling smarter, faster decisions across the business.

The Team

The Prime Services Risk team is responsible for risk management of the Fidelity Capital Markets Prime Services business. The team focuses on Collateral, Market and Operational risk associated with the intraday and overnight extension of collateralized credit to clients. The team is involved in determining lending policy and continuous analysis of the risks inherent in each client's portfolio and investment strategy. Portfolios are analyzed and evaluated daily through extensive simulation and stress analysis crafted to estimate market related risks. Additionally, the team is tasked with developing, testing, and validating strong risk models to ensure clients remain well collateralized on an ongoing basis.

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.

The base salary range for this position is $80,000-$153,000 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.

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.

Certifications:

Category:

Risk

About the Company

Fidelity Investments

We help over ~40 million people feel more confident in their most important financial goals, manage employee benefit programs for nearly 23,000 businesses, and support more than 3,600 advisory firms* with innovative investment and technology solutions to grow their businesses. Our diverse businesses and independence give us insight into the entire market and the stability needed to think and act for the long term as we deliver value to you.

COMPANY SIZE

10,000 employees or more

INDUSTRY

Banking

FOUNDED

1946

WEBSITE

https://jobs.fidelity.com/

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