Credit Research Analyst

About the role

The Credit (Counterparty) Research Analyst conducts fundamental credit research on Fidelity’s insurance/reinsurance partners, bank and broker/dealer trading counterparties, and treasury relationships. This includes the approval and denial of prospective counterparties and the ongoing monitoring of existing counterparties in accordance with internal, proprietary standards, and providing research and advice to Fidelity business units on their counterparty relationships.

Responsibilities

• Performing credit analysis on potential and existing counterparties based on an assessment of the current financial strengths and weaknesses as well as a forward-looking analysis of the expected future credit quality

• Preparing formal credit research notes on each counterparty, including the assignment of an internal credit rating, rating outlook, and supporting rationale, which provide accountability for recommendations

• Understanding the country, industry, market, economic, political, and regulatory issues relevant to the counterparty's credit profile

• Leading due diligence meetings with counterparty senior management teams (e.g. CEOs, CFOs, Treasurers, risk officers, and other business leaders) as an integral part of the credit evaluation process

• Maintaining relationships and clear and effective communications with the Director of Counterparty Research, team members, trading desks, business unit leaders, and other Fidelity personnel

Requirements

• Bachelor’s degree required; MBA, CFA, or Associate/Fellow of the Society of Actuaries preferred
• Experience conducting fundamental credit analysis, with a focus on insurance companies and other financial institutions
• Strong analytical skills and critical thinking with experience in quantitative methodologies and financial modeling
• Ability to communicate impactfully, both orally and in writing, with internal stakeholders and Fidelity senior leadership
• Ability to work in a dynamic and self-directed environment, and to complete timely individual research and collaborative thematic research pieces

Skills

• Strong analytical skills and critical thinking with experience in quantitative methodologies and financial modeling
• Ability to communicate impactfully, both orally and in writing, with internal stakeholders and Fidelity senior leadership
• Ability to work in a dynamic and self-directed environment, and to complete timely individual research and collaborative thematic research pieces

Benefits

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.

Pay

The base salary range for this position is $110,000-$222,000 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.

Schedule

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.