Counterparty Research Analyst

Job Description: COUNTERPARTY CREDIT ANALYST The Role The Counterparty Researcht Analyst will 1) deliver credit research and opinions on Fidelity bank and broker/dealer counterparties.
This includes the approval and denial of prospective counterparties and ongoing reviews and monitoring of existing counterparties in accordance with internal, proprietary standards, and 2) provide research and advice to Fidelity business functions on their counterparty banking relationships.
Responsibilities include: Analyze potential and existing counterparties.
Analysts assign a credit rating based on an assessment of the current financial strengths and weaknesses as well as a thoughtful discussion of the expected future credit quality of each counterparty.
Conduct discussions and meetings with the senior management team of the counterparties, e.
g.
, Chief Financial Officers, Treasurers, and Chief Executive Officers.
Understand the country, industry, market conditions, economic, and political issues relevant to the counterparty's credit profile.
Discuss the counterparty with any Fidelity investment analyst who covers the country or company, as well as utilize any external resources which may exist, such as sell-side investment research and rating agency reports.
Prepare a formal credit note containing a credit opinion and recommendation on each counterparty which provide accountability for recommendations.
Understand the nature of Fidelity's business with each counterparty, including trading and investment opportunities.
Recommend practical business and credit decisions which balance credit concerns with trading needs and objectives.
Clear and effective communications and relationships with the Director of Counterparty Research, other Analysts, trading desk personnel, as well as other business functions.
The Expertise and Skills You Bring Bachelor’s degree required, MBA and/or CFA preferred 5 + years of experience Bank or broker/dealer credit analysis experience required Critical thinking and analytical skills with experience in quantitative methodologies and financial modeling Ability to communicate impactfully orally and in writing, with internal stakeholders and Fidelity management, as well as ability to build relationships which will directly support your work Experience with data visualization software and/or programming preferred Ability to work in a dynamic and self-directed environment to complete timely individual research as well as collaborative thematic pieces The Team Counterparty Research & Analytics (CRA) is an independent risk management resource within Fidelity dedicated to protecting our clients from risk of loss arising from trading and treasury relationships with financial institutions.
CRA works extensively with Fidelity’s trading desks that trade on behalf of FMRCo, Fidelity International, Fidelity Canada, FIAM, Geode and SelectCo.
Certifications: Company Overview 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.
Join Us 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.