Risk Analyst

Job Description:

The Expertise and Skills You Bring

• Bachelor’s Degree or equivalent with 2 years of experience in financial services  
• Experience in internal audit, risk management, or compliance preferred  
• Data analytics and/or experience in IT is a plus  
• Ability to work both independently and as part of a team  
• Strong aptitude for learning and applying new skills
• Analyzing information and proposing solutions to meet the needs of business partners  
• Your ability to effectively prioritize and manage multiple complicated day-to-day tasks and longer-term projects  
• You possess excellent verbal and written skills
• Your ability to approach work with an open mind and sense of creativity by challenging current practices and recommending improvements to mitigate risks and drive positive change  
• Your strong problem-solving and analytical skills, as well as superior attention to detail
• Your collaborative working style that builds positive working relationships with a variety of individuals and groups
• You are proficient in MS Office products  

The Value You Deliver

• Collaborating with business partners to identify, prioritize, and mitigate existing and anticipated risks  
• Executing and timely completing risk assessments and control testing covering a wide range of regulated activities
• Innovating and reengineering processes that add value to the team and Fidelity  
• Participating in initiatives to improve existing practices within the Risk team and champion a team environment, including advancing our data analytics strategies and implementing an agile approach to risk activities  

The Team

Do you want to be part of a team focused on developing Next-Gen Risk Assessment & Testing capabilities?  Do you want to leverage the use of technology and data analytics to optimize performance, enable compliance, enhance risk management practices, and modernize the execution of risk assessments and control testing?  The Risk Assessment and Testing Center of Excellence (CoE) is seeking a passionate and driven individual to join our team.  You will help drive efficiencies in the testing of key compliance programs supporting multiple business units by identifying innovative use cases for utilizing data analytics and automation.  You will personify the Fidelity Leadership Principle of ‘Thinks and Works across Fidelity’ by collaborating with multiple Risk and Compliance groups, Operations personnel, Data Analytics, and IT teams.

The CoE has set standards for performing risk assessments & controls testing and assessing the adequacy and effectiveness of controls, compliance, and governance processes.  The Risk Analyst is responsible for the timely execution of risk assessments, including the identification of key risks, evaluation of control design and operating effectiveness, and accurate and detailed documentation of test results.  The Risk Analyst plays a key role in supporting team initiatives.  

Please see below for the salary range for work locations in Colorado only:

Please see below for the salary range for work locations in New York City, Westchester County, NY and Jersey City, NJ only:

Please see below for the salary range for work locations in California only:

Please see below for the salary range for work locations in Washington only:

Certifications:

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.

At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees’ Choice Award, we have been recognized by our employees as a Best Place to Work in 2023. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.

At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we’re calling “Dynamic Working”. Most associates will have a hybrid schedule with a requirement to work onsite at a Fidelity work location for at least one week, 5 consecutive days, every four weeks. These requirements are subject to change.

We invite you to Find Your Fidelity at fidelitycareers.com.

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations @fmr.com, or by calling 800-835-5099, prompt 2, option 3.

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.