Associate Analyst, Money Movement Controls - Jersey City
Job Description:
The Role
As an Associate Analyst on the Money Movement Controls team, you will analyze and process money movement transactions (i.e., Distributions, Journals), find solutions to customer requests, and ensure the timely review of all transactions requiring secondary review. Our role is to protect the assets of Fidelity’s customers across Personal Investments and National Financial Services through hands-on secondary review of transactions meeting threshold guidelines or set criteria.
The Expertise and Skills You Bring
- Bachelor’s Degree or equivalent work experience required
- Series 7 License required for the role and must be obtained within 6 months
- Financial Services Operations or Phone Center experience preferred
- Written and verbal communications skills for explaining ideas, questions and resolutions, and other internal and external business partner communications
- Ability to thrive in a fast paced, highly engaged environment
- Exceptional analytical and problem resolution skills while being able to assess risk and interpret business requirements to provide viable solutions
- Strong attention to detail and ability to quickly assess and prioritize multiple tasks, including reviewing customer money movement requests
- Your ability to take initiative and to work under tight deadlines
- Be technically oriented, with strong MS Office/PC skills
- Ability to build and maintain business partner relationships
- Motivated and show a desire to learn about business and new technologies
- Be a standout colleague with capability to help support a positive work environment
- Participating in various projects and operational improvement initiatives focused on improving the existing workflow, quality, efficiency, and policy & procedures
- Recommending methods to ensure consistency and streamline procedures
- Maintain customer confidence and protect operations by keeping information confidential
- Maintaining positive working relationships with our business partners in the US and Ireland
- Keeping up to date with training courses as needed
Note: Fidelity will not provide immigration sponsorship for this position.
The Team
Members of this group acquire an essential understanding of the financial services industry. These associates work in Fidelity’s Operations and Services Group (OSG), supporting our major lines of business including Wealth & Brokerage and Fidelity Institutional. You will work closely with clients and business partners to ensure money movement transactions are processed accurately and timely by providing final approval of transactions, completing trades to support transactions, and supporting IPO purchase requests.
The base salary range for this position is $47,000-$74,000 per year.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.
Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.