Vice President, Brokerage Risk

Fidelity will not provide immigration sponsorship for this position.

Job Description:

Vice President, Brokerage Risk

The Brokerage Risk team advises Fidelity’s dynamic individual investor businesses building lifetime relationships with self-directed clients and helping them save and invest.  You will report to the Head of Brokerage Risk and be responsible for advancing critical components of our risk governance program covering a wide array of brokerage products and services, brokerage operations, retail client services, and digital product and engineering initiatives.

The Expectations for this Role

• Advise senior leadership on operational risks and risk mitigation strategies
• Lead a team responsible for identifying, assessing, and monitoring risk
• Support and participate in dedicated risk governance forums, including risk committees
• Proactively identify, assess, and monitor operational risks and remediation action plans
• Develop and track key risk indicators to monitor operational risk profiles
• Advise on new business product/service offers and other key initiatives
• Analyze data and partner with other lines of defense to identify emerging risk trends
• Timely investigate incidents, determine root cause, and advise on corrective actions
• Build effective working relationships with business leaders and cross-functional partners

The Expertise and Skills You Bring

• Bachelor’s degree (required)
• MBA, Juris Doctor, or other master’s degree with strong academic credentials (preferred)
• 10 plus years of risk, compliance, legal, or audit experience at complex financial services institutions, e.g., asset managers, banks, regulatory agencies (required)
• Experience independently delivering on the expectations for this role (required)
• Experience with brokerage products and services, brokerage operations, or client service operations – including familiarity with regulatory requirements (required)
• Familiarity with digital assets, including cryptocurrencies (preferred)
• Ability to deliver engaging, compelling, and persuasive presentations and reporting (required)
• Exceptional judgment and analytical skills – you will need to excel at quickly analyzing complex risk and business issues in a variety of substantive areas (required)
• Experience with Archer GRC (preferred)

Behavioral Attributes

• Exhibits executive presence and effectively persuades and influences senior leaders
• Leads, develops, and inspires high-performing teams
• Demonstrates exceptional attention to detail and communications skills
• Drives outcomes in a fast-paced, distributed, and complex environment
• Builds and maintains effective working relationships across businesses and support functions
• Balances pace over perfection

The Team

Brokerage Risk supports the retail distribution arm of Fidelity Investments focused on enabling self-directed customers to achieve their financial goals.  Brokerage Risk is a dedicated team of risk professionals who partner directly with business leaders and cross-functional partners to ensure comprehensive risk management throughout the brokerage businesses -- from the frontline to executive leadership.  As part of this team, you will help deliver risk advisory support on major firm initiatives and new products and services that directly impact more than 18 million self-directed investors.

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:

Risk

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.