Manager, Regulatory Reporting Data Analytics

Fidelity will not be providing immigration sponsorship for this role.

About the role

We are looking for a Regulatory Reporting Data Analyst who will support the regulatory reporting process for Fidelity’s broker dealers and various customer channels as part of the broader Regulatory Reporting group within Fidelity Capital Markets. This group is responsible for collecting, processing, and reporting on a vast amount of trade and customer account data to meet external requirements set by industry regulators (FINRA, SEC, etc.).

In this role, you will assist with data analysis to support a multitude of use cases; responding to institutional customer needs, external regulator inquiries, as well as broader strategic analysis to increase efficiency within the firm’s internal reporting systems and processes. You will collaborate with business partners across multiple asset classes with high levels of regulatory scrutiny. The ideal candidate is passionate about hands-on collaboration and proactive problem-solving.

Responsibilities

• Analyze trading and customer identification and account data to assist with daily operational support for regulatory reporting activities, as well as perform proactive data analysis to identify opportunities for improvement within existing reporting processes.
• Support data research and analysis to assist teams responding directly to regulator and customer inquiries.
• Identify data anomalies and/or gaps to understand the source of outstanding reporting issues and work with product and operations teams to define solutions.
• Explore and implement AI and Machine Learning solutions to automate, validate, and enhance regulatory reporting processes, improving accuracy and reducing manual effort.
• Support data governance, quality control, and data mapping documentation across regulatory reporting areas.
• Perform and design acceptance testing as it relates to data quality for systems and applications that support the firm's regulatory reporting activity.

Requirements

• Bachelor’s degree
• FINRA Brokerage license Series 7 required within 6 months of hire
• Experience with trade and/or customer account data, or regulatory trade reporting (TRACE, MSRB, ACT, EBS, CAT/, Rule 605/606) a plus, but not required
• Proficient with SQL, Oracle databases, Excel, and other data visualization tools, as well as general data science knowledge
• Familiarity with AI/ML tools and experience with Python a plus
• Highly analytical with the ability to quickly comprehend large data sets to develop new processes, perform calculations, identify anomalies, and/or produce new reporting capabilities

About the team

This dynamic team is part of Fidelity’s Capital Markets group. Fidelity, through its broker dealers, is required to send significant amounts of detailed trading and customer account and identification data to various governmental and industry regulators such as FINRA, FINRA CAT, the SEC, and MSRB. The Regulatory Reporting group, across several functions, is responsible for performing these duties on behalf of the broader firm. The group ensures compliance by working closely with business partners such as Trading, Technology, Customer Support teams, and Compliance/Legal. The group plays a critical role in ensuring the firm meets regulatory requirements and avoids disciplinary action or fines.

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.

Pay

The base salary range for this position is $80,000-$153,000 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.

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