Job Description
Note: Fidelity will not provide immigration sponsorship for this position
The Role
The Sr. Risk Manager will provide risk management support to Fidelity Wealth (FW) product and operations teams with an emphasis on personal cards and specialty savings and lending products and capabilities. Your partnership with business leaders and cross-functional partners will help to ensure risks are appropriately considered and mitigated as new and changing products and services are developed for Fidelity Wealth customers. This includes supporting a debit card program management function.
The Team
The Fidelity Wealth business helps customers and their families navigate financial complexity to confidently grow wealth throughout their lifetimes. Your primary role is to work closely with the Fidelity Wealth product and operations teams to understand business risks related to core and ongoing operations, as well as new and emerging products, services and technology. As a representative of the FW Risk team, you will interact with leaders and associates at many levels in the organization. It will require an individual who works well both independently and as part of a larger cross-functional group. You will be involved in various projects that will assist Fidelity Wealth with achieving business objectives.
You will help your business partners by:
- Conducting risk assessments
- Performing control reviews
- Providing risk advisory/initiative support
- Managing and mitigating risk incidents
- Providing analysis and reporting
- Fostering strong partnerships and relationships to influence change
- Working with partners in Legal and Compliance to support regulatory changes or issues
- Assisting our internal and external Audit partners, and
- Ensuring there is appropriate reporting, communication and awareness on issues identified to make sure the business and Risk organizations are making informed decisions.
The Expertise You Have
- 6-8+ years of experience in risk management, compliance, audit, legal or related control function.
- Strong financial services, banking, and / or broker-dealer industry knowledge
- Knowledge of payment/debit card program management risk oversight a plus.
- Understanding of FW platforms including supporting database and cloud technologies.
- Proven problem-solving skills and experience making decisions.
- Risk assessment and / or controls or audit experience.
- Strong analytical and communications skills.
- Working knowledge in the field of data analytics a plus.
- Experience with Archer or similar GRC tool is a plus.
- Advanced degree or FINRA license (Series 7) is a plus.
The Skills You Bring
- A dedication and willingness towards continuous improvement and learning new skills and capabilities.
- Reinforcing the focus on being a collaborative partner in helping FW execute on their goals and proactively identifying risks to facilitate that execution.
- Understanding of product development principles and practices.
- Excellent communication, collaboration and influencing skills. The ability to influence others is crucial.
- A skillset that can summarize and present findings in an organized and professional manner.
- An ability to interact with all levels of the organization and appropriate business partners.
The Value You Deliver
- You understand issues and key areas of risk within FW and will drive – through a risk-based approach – thought leadership that assists with outcomes.
- Coordinating and appropriately escalating incidents and supplying reporting to senior leaders to help identify risks and assist with appropriate mitigation strategy recommendations.
- To be able to clearly and succinctly convey high level summaries of projects, areas of concern, and actions/decisions needed to move forward.
- You must clearly tell the story and help the business understand any risks associated with deliverables and suggested actions to mitigate or accept these risks.
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.