Syndicate Trade Support Analyst

Job Description:

The Role

Analysts interact with numerous internal Fidelity business divisions, other broker dealers, correspondents and plan sponsors to ensure flawless trading, execution, settlement and record retention.

• By supporting the Municipal Trading desk you will work in conjunction with the Underwriters and Traders on competitive and negotiated offerings and secondary trading support. You will assist in verifying deal details, uploading information both to external vendors/dealers and internal Fidelity Groups, facilitating deal set up to multiple channels, maintaining offerings on the new issue page on Fid.com, trade execution, daily position reconciliation, justifying P&L, settlement support and record maintenance.

• By supporting the CD Trading desk you assist the Underwriters and Traders on deal set up and distribution of information both to external vendors/dealers and internal Fidelity Groups. It’s our responsibility to ensure seamless settlement and that all pertinent records are maintained for tracking, record keeping and analytical purposes.

• You will assist with trading and provide support to correspondents and retail reps with Unit Investment Trusts “UIT’s.” This support typically entails taking incoming calls, supplying pertinent information such as prices, Cusip numbers, current trust’s portfolio structure, trade entry procedures, error corrections etc. In addition, you may monitor orders throughout the day for breakpoint adjustments, conduct a monthly UIT review and justify/process volume concession wires paid to Fidelity Capital Markets.

• Facilitating the offering of weekly corporate note issuance, justify P&L, position reconciliation and record keeping for audit and analytical purposes.

• Supporting Agency Traders with various underwritings/bond inventory, offer bonds to all Fidelity channels and maintain records of orders and executions.

• Ensure timely settlement for secondary trade transactions.

• Ensure timely and accurate allocation for customer allocations.

• Assisting the equity desk with settlement support, various record keeping and audit inquiries.

• Vigilantly and continuously trying to identify areas of improvement and be a part of developing the plan to implement change. This is a critical component to the role.

The Expertise and Skills You Bring:

• Bachelor's Degree

• Series 7 and 63 (if not currently registered, such exams must be successfully passed within six months of hire)

• Brokerage industry experience, preferably in trading or back-office operations

• Work well and have demonstrated the ability to thrive in a fast paced trading floor environment.

• You have a strong attention to detail, proactive and analytical.

• Fixed income knowledge is preferred, but not required.

• Bloomberg experience is a plus.

• Strong proficiency with excel.

The Team:

Trade Support Analysts play an important role, working alongside Fidelity underwriters and traders to support critical functions for new issue products including Municipal bonds, Certificates of Deposit, Unit Investment Trusts, Corporate Notes/Bonds, and Government Sponsored Agencies.

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.