2127668 Senior Analyst, Derivatives Trading Operations
Fidelity Investments · Boston, United States · 1mo ago
Job Description:
Note: Fidelity will not provide immigration sponsorship for this position.
The Role
The Derivatives Trading Operations Senior Analyst is a newly envisioned role within Investment Services, designed to provide dedicated front office operational support for Liquid Alternatives trading on the Equity Alternatives desk. This role will partner with the Liquid Alts Portfolio Services team to focus on ensuring seamless execution and lifecycle management of Liquid Alts derivative flows.
The successful candidate will manage all aspects of pre-trade and post-trade processing, including:
- Security reference data creation and validation across listed and OTC instruments
- Trade booking, pricing validation, and economics confirmation across ARP swaps, futures, listed options, equity swaps, IRS, CDS, and new OTC products planned for 2026
- Coordination and communication with external dealers, prime brokers, and administrators
- Lifecycle event monitoring (maturities, resets, rolls, novations, corporate actions, option exercises/assignments, and collateral)
This role requires deep cross-system knowledge, broad access across Asset Management platforms, and strong coordination skills with trading desks, the Fidelity Fund Investment Operations Middle Office, technology, and external counterparties to accelerate workflows, reduce reliance on ad hoc operational coverage, and support the scaling of our Liquid Alts capabilities.
The Expertise and Skills You Bring
- 7+ years of experience in front or middle office trade operations or investment services, ideally within multi-asset, derivatives, or Liquid Alts buy-side environments
- CFA, CAIA, or progress toward certification preferred
- Strong understanding of OTC derivatives (Equity TRS, IRS, CDS, Swaptions, OTC Options, etc.) and alternative investment structures
- Demonstrated ability to manage competing priorities across desks, independently and with urgency
- Familiarity with derivative lifecycle events, including resets, settlements, collateral, clearing, pricing, corporate actions, and reference data
- Proven ability to navigate and integrate across multiple Asset Management systems (OMS/EMS, valuation systems, reconciliation tools, middle-office utilities)
- Strong project management and end-to-end process design skills
- Excellent communication, cross-team coordination, and relationship-building abilities
The Successful Candidate Will
- Serve as key resource to Trading, Liquid Alts Investment Services, and Fidelity Fund Investment Operations
- Coordinate and lead cross-company trading initiatives to support Liquid Alts trade flows
- Manage pre-trade and post-trade processes, including trade booking validation and security reference setup
- Communicate externally with trading/financing counterparties to ensure accuracy and address ad hoc inquiries
- Lead onboarding and support for new instruments and capabilities, particularly OTC derivatives
- Participate in implementation strategy to enable effective and efficient processes for Liquid Alt products
- Perform impact assessments, resolve operational issues, and develop workflow documentation
The Team
The Asset Management Compliance, Risk and Business Operations (CRBO) group comprises the following teams: AM Compliance, AM Risk, Business Operations and Strategy, Counterparty Research & Analytics, Investment Services, and Strategic Business Initiatives. CRBO is a global organization focused on advancing Fidelity and Asset Management’s strategic priorities through innovation, business partner alignment, and fostering a culture that challenges the status quo and promotes vitality.
The teams work together to support Asset Management’s strategic goals while being the best partner to the business to protect our clients via proactive compliance monitoring, risk oversight, and strategic business planning. The team’s key organizational themes are business partnership and stewardship, modernization and digitization, innovation, and talent development.
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.
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.