Analyst, Agency Lending International Trading
Fidelity will not provide sponsorship for this position.
About the role
The Agency Lending Associate role is responsible for encouraging and supporting further growth of Fidelity’s Agent Lending business with a focus on lending to Street-Side counterparties and improving revenue for our clients. This position will be focused specifically on the international equity asset class and may require working non-standard hours.
- Lend global equities to borrowers with a focus on maximizing the best total return combination of fee, utilization, and duration
- Develop and maintain relationships with borrowers to optimize allocations and spreads
- Liaise with middle office and back-office operations regarding the execution and settlement of transactions
- Partner with the Security Finance Product Team to build systematic and automated tools based on developed models
- Continually review current processes/procedures and seek creative alternatives to enhance efficiency and add new value
- Identify special opportunities for clients, explain risks and rewards, and run execution with the trading desk
- Support teammates via revenue and risk efforts on a daily basis
This role has the potential to provide coverage for overnight and non-standard hours on an as-needed basis.
Requirements
- Series 7 and 63 licenses required
- 1-3 years of experience in financial markets, preferably with experience associated with EMEA/APAC equities
- Experience with Securities Lending and operational workflows (trade lifecycle management, collateralization procedures, international equity settlements, etc.)
Skills
- Excellent interpersonal skills and a great teammate
- Ambitious nature with an entrepreneurial disposition
- Outstanding customer service and relationship management abilities
- Strong understanding of the Equities trading market
About the team
The Agency Lending Trader will be an integral part of our client-facing team within the Securities Finance Division of Fidelity Capital Markets. The team’s mission is to provide outstanding client service and help with alpha generation by maximizing the value of securities in client portfolios while minimizing operational and credit risk.
Work arrangement
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.
Pay
The base salary range for this position is $70,000–100,000 USD 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; the offer may also include bonus or other variable compensation depending on eligibility.
Benefits
- Comprehensive health care coverage and emotional well-being support
- Market-leading retirement benefits
- Generous paid time off and parental leave
- Charitable giving employee match program
- Educational assistance, including student loan repayment, tuition reimbursement, and learning resources to develop your career
Certifications required: Series 07 (FINRA), Series 63 (FINRA).