Prime Services Business Management
Job
National Financial Services LLC
Boston, MA (In Person)
$147,500 Salary, Full-Time
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Job Description
Job Description:
The Role This role will require you to establish yourself as the Securities Finance point person for the Fidelity client base across the enterprise. The candidate will manage the relationships as well as provide education & support to internal counterparts and channel clients on all Securities Finance related matters. The business management side of the role touches several aspects within Prime Services- risk, margin, tax, capital efficiency.
- Examples include Portfolio Margin, Cash Sweep, and Arranged Finance Execute daily and monthly supervisory tasks for Prime Services and Family Office Work with business partners across Fidelity's distribution channels to evaluate new business opportunities The Expertise and Skills You Bring Bachelor's degree in Finance, Economics, or related field required; current/previous roles in Corporate Finance or Accounting 4-6+ years work experience in a related field Series 7, 24 & 63 and/or progress toward obtaining necessary licenses Knowledge and understanding of Securities Finance and Prime Brokerage required Understanding of capital structure, cost of capital, liquidity management, and securities and prime brokerage financing products•margin lending and repo Experience evaluating counterparty risk, market risk, and liquidity risk in financing transactions Working knowledge of brokerage regulatory regimes and margin rules Proficiency building financing models, scenario analyses, and client profitability assessments Experience working with Trading, Risk, Legal, Treasury, and Operations to deliver client solutions Ability to work in a deadline-oriented environment managing multiple responsibilities/projects simultaneously The Team The Prime Services Business Management group's responsibilities range from overseeing clients' Securities Lending / Prime Brokerage activity across the Fidelity enterprise, to management and supervision of the Prime Services business•including operational risk, controls, margin, audit, exception processing, capital usage and exploration of new initiatives
Note:
Fidelity will not provide immigration sponsorship for this position. The base salary range for this position is $110,000- $185,000 per year.
Certifications:
Series 04- FINRA, Series 07
- FINRA, Series 24
- FINRA, Series 63
FINRA Category:
Capital Markets Prime 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 experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer. 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 please contact the following: For roles based in theUS:
Contact the HR Leave of Absence/Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 2 For roles based inIreland:
Contact AccommodationsIreland@fmr.com For roles based inGermany:
Contact Accommodationsgermany@fmr.com Fidelity Privacy PolicySimilar jobs in Boston, MA
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