Job Description
Your interest in learning about Accounts Control and how it impacts the firm and the brokerage industry makes this role enticing for you. You will be part of a team that analyzes researches and monitors exceptions in account balances and ensures the accuracy and integrity of the reports. This role can be filled as a Senior Representative level 2 or an Associate Analyst level 3 depending on skills and experience.Note Fidelity will not provide immigration sponsorship for this position.
The Role
You will be part of a team that performs various reconciliations that are intended to ensure the operational integrity of the firms books and records. The reconciliations performed daily weekly monthly or quarterly are designed to identify bookkeeping discrepancies and to alert operations management. You will be working with other business partners in the Operations and Service Group and Fidelity Capital Markets to research and report any variances in account balances. You will work to understand the impact to the firm and also what steps need to be taken to remediate issues.
The Skills and Expertise You Bring
Bachelors degree in Finance or Business required
Strong interest in financial services industry
Clearing BrokerDealer operations experience preferred
2 plus years brokerage operationsstock record experience
Ability to read Stock record
Knowledge of brokerage operations systems
Excellent verbal and written communication and organization skills
Ability to work effectively in a team environment including peers and all levels of management
Strong interpersonal skills and attention to detail
Strong analytical research and problem solving skills
Ability to multi-task and prioritize in order to meet deadlines
Ability to enhance our reporting processes and system
Intermediate to advanced knowledge of MS office applications Excel Word PowerPoint
Primary responsibilities
Assist in the coordination of the Quarterly Security Physical Counts
Analyze and research Stock Record and cash breaks to maintain accurate books and records
Analyze research and report exceptions on Fails file vs. Trial Balance for broker dealers and RVPDVP accounts
Analyze reconcile and monitor Depository breaks for DTCC and BONY. Identify report and monitor illogical street side exceptions
Reconcile Foreign Depository Tri-Party and external custodian accounts to identify differences and ensure resolution entries are processed correctly.
Prepare and track outgoing quarterly audit broker fail stock loanborrow transfer conversion and repurchase agreement confirmation letters
Verify and respond to all incoming quarterly audit confirmation requests from contra brokers.
Monitor and track aged BDSbranch deposit stock transfer items
Identify control enhancementsrisk factors improvement opportunities
Interact with external auditors and examiners. Research and resolve escalated issues.
Conduct integrity testing on system generated reports
Assisting with operations reporting requirements and analysis
Innovating and assisting with enhancements in the automation of processes and reporting
Collaborating with others to assist in special projects and ad-hoc requests
The Team
Fidelitys broker dealers are required to submit financial and operational reports to our regulators. These reports are primarily for the protection of customers. The accuracy of the Stock record and broker confirmations is vital to the reputation and integrity of Fidelity and to the value and trust that customers place on the firm.
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 48000-91000 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.
Certifications
CategoryBrokerage Operations Operations Apply
All fields are required. Candidates should limit the number of roles they apply to at any given time.
First name
Last name
Career areas of interest
SelectAdministrativeAsset Managementbusiness Analysis & Project ManagementCorporate ServicesCryptoDigital AssetsBlockchainCustomer ServiceFinance & AccountingInvestmentMarketing & CommunicationsOperationsProduct Development & ManagementRisk ManagementSales & Relationship ManagementTechnology
Country
SelectUnited StatesAfghanistanAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBolivia Plurinational State ofBonaire Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos Keeling IslandsColombiaComorosCongoCongo The Democratic Republic of theCook IslandsCosta RicaCroatiaCubaCuraçaoCyprusCzechiaCôte dIvoireDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEswatiniEthiopiaFalkland Islands MalvinasFaroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and McDonald IslandsHoly See Vatican City StateHondurasHong KongHungaryIcelandIndiaIndonesiaIran Islamic Republic ofIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea Democratic Peoples Republic ofKorea Republic ofKuwaitKyrgyzstanLao Peoples Democratic RepublicLatviaLebanonLesothoLiberiaLibyaLiechtensteinLithuaniaLuxembourgMacaoMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMartiniqueMauritaniaMauritiusMayotteMexicoMicronesia Federated States ofMoldova Republic ofMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorth MacedoniaNorthern Mariana IslandsNorwayOmanPakistanPalauPalestine State ofPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalPuerto RicoQatarRomaniaRussian FederationRwandaRéunionSaint BarthélemySaint Helena Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint Martin French partSaint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint Maarten Dutch partSlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwedenSwitzerlandSyrian Arab RepublicTaiwan Province of ChinaTajikistanTanzania United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited States Minor Outlying IslandsUruguayUzbekistanVanuatuVenezuela Bolivarian Republic ofViet NamVirgin Islands BritishVirgin Islands U.S.Wallis and FutunaWestern SaharaYemenZambiaZimbabweÅland Islands
Postal code
By clicking I accept you are indicating your acceptance of our collection saving use transfer and disclosure of your personal information as described in The Applicant Privacy and Protection Notice Fidelity Privacy Policy. This notice is applicable to all personal information collected by Fidelity through either this site operated on behalf of Fidelity by Beamery andor other Careers Sites" including those Fidelity Websites and Web pages dedicated to employee recruitment across Fidelity business entities and geographical locations. I Accept Start Application
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.
AI Guidelines
Learn about our guidelines for use of AI when applying for a Fidelity job
Return to job search