Senior Manager, Prime Trading

FMR LLC

Boston, MA(remote)

JOB DETAILS
SALARY
$103,000–$211,000 Per Year
SKILLS
Accounting, Analysis Skills, Artificial Intelligence (AI), Background Investigation, Brokerage, Candidate Screening, Capital Markets, Communication Skills, Customer Relations, Customer Relationship Management (CRM), Documentation, ERISA (Employee Retirement Income Security Act of 1974), Economics, Establish Priorities, Federal Laws and Regulations, Finance, Fixed Income Investments, Hedge Funds, Investment Services, Liquidity, Microsoft Exchange Server, Multitasking, Operational Support, Operations, Regulations, Rich Internet Application (RIA), Risk, Risk Management, Securities, Securities Investments, Securities Lending, Series 7, State Laws and Regulations, Team Player, Time Management, Trading/Stockbroking, Underwriting
LOCATION
Boston, MA
POSTED
3 days ago

Job Description

NOTE Fidelity will not provide sponsorship for this position.

The Role

This individual will be part of a dynamic team supporting Prime Custody and Family Office clients as well as the Fidelity Capital Markets organization. The role requires a heavy emphasis on trading and related activities across all asset classes including equities ETFs options and fixed income products. This role requires close coordination with other trading desks risk compliance and operations. A high degree of accuracy market awareness communication skills and a commitment to delivering a superior client trading experience are essential.

Client Coverage and Relationship Management

Serve as the primary point of contact for family offices RIAs and Prime clients on trading and operational matters across all asset classes including equities ETFs options and fixed income. Maintain strong trusted relationships with internal trading desks risk teams and external market participants.

Trading Support and Daily Operations

Demonstrated understanding of markets trading and liquidity characteristics across equities ETFs options and fixed income. Oversee daily trade‑related support including order inquiries execution status trade adjustments position breaks and settlement issues.

Margin Risk and Controls

Ability to analyze client activity margin usage and risk exposures Monitor track and coordinate resolution of margin calls driven by market activity across multiple products. Communicate risk events low-cash conditions or collateral shortfalls proactively to clients and internal risk teams.

The Expertise and Skills You Bring

Series 7 57 and 63 licenses required Bachelors degree in Finance Accounting or Economics Brokerage or trading experience strongly preferred Proven ability to communicate effectively at all organizational levels Collaborative team‑oriented and proactive Highly self‑motivated with strong work ethics Ability to balance and prioritize multiple tasks under tight deadlines

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 Fidelitys 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 SalesTrading ProgramElectronic Trading SAM Trading International Equity Trading Prime Brokerage Soft Dollars and New Accounts.

Fidelitys 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 103000-211000 USD per year. Placement in the range will vary based on job responsibilities and scope geographic location candidates 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 Fidelitys 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 andor associating with individuals with certain Criminal Histories.

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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.

Benefits

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 accommodationsfmr.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.

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.

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About the Company

F

FMR LLC

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/