About the role

Aplyr's Quick Take

This role is about leading a team focused on improving brokerage operations, specifically in margin services. You'll be responsible for strategic direction, team management, and ensuring compliance with financial regulations. It's a senior leadership position requiring both regulatory knowledge and tech-savvy.

Good fit

Ideal candidates have extensive experience in brokerage operations, strong leadership skills, and a background in compliance and risk management. A collaborative and adaptable working style will thrive in this fast-paced environment.

Worth noting

The role emphasizes a blend of technology and regulatory expertise, which may appeal to those looking to innovate in financial services. The salary range is broad, indicating potential for negotiation based on experience.

Job Description:

The Role

Lead a highly collaborative, cross-functional team committed to improving the value of our services within Broker-Dealer Operations. As Vice President of Margin, you will blend deep brokerage expertise with strong leadership skills to develop and guide the team and set the strategic direction of the group. The Vice President directs multiple functions, including reviewing KPIs, identifying & developing automation to improve service, reduce cost and achieve greater scale. This role drives the implementation of organizational goals aligned with Fidelity's overall objectives.

The Expertise and Skills You Bring

Deep regulatory knowledge. Expert familiarity with Federal Reserve Board Regulation-T, FINRA Rule 4210 and SEC Rule 15c3-3.
Prioritization of technology enhancements.
College degree or applicable work experience Education
Resolve more complex escalations and/or event processing anomalies for solutions that protect customers and the firm from financial and regulatory risk
Adjust team/departmental priorities and resource allocations to support changing needs.
Identify policy & procedure gaps and establish improved standards, policies, and controls
Accountable for key talent management processes including hiring, on boarding, goal setting, performance evaluations and other career development activities for a team.
Create a climate that values and rewards contributions, inclusion, diversity, initiative, and achievement of results

Note: Fidelity will not provide immigration sponsorship for this position.

The Team

This dynamic team is a part of Fidelity’s broker-dealer Operations & Services Group within Fund & Brokerage Operations & Technology. The Margin Department has high energy and is a fast-paced, team environment. Managers and associates are located in Jersey City, NJ and Westlake, TX.

The base salary range for this position is $118,000-226,000 USD 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.

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. Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Certifications:

Series 99 - FINRA

Category:

Brokerage Operations

Aplyr's read

Fidelity Investments is a powerhouse in financial services, attracting professionals in technology, risk management, and client services to drive innovation and customer satisfaction.
Synthesized from recent postings & public sources

What's promising

•Fidelity offers diverse roles across technology, finance, and client services, indicating a broad scope for career growth.
•The company invests heavily in technology, hiring roles in AI, cloud, and cybersecurity.
•Fidelity's strong market presence provides stability and numerous opportunities for advancement.

What to watch

•The financial sector's regulatory environment may limit flexibility and innovation.
•High competition for roles may make entry challenging for less experienced candidates.
•Limited public information about work-life balance and company culture specifics.

Why Fidelity Investments

•Fidelity's focus on technological advancement is evident in its numerous tech-oriented roles.
•The company has a strong emphasis on risk management, hiring specialized roles in this area.
•Fidelity's diverse service offerings provide employees with exposure to various financial sectors.

Aplyr’s read is generated by AI from public sources. Was it useful?

About Fidelity Investments

Fidelity Investments

fidelity.com

View company

Fidelity Investments is a multinational financial services corporation that provides investment management, retirement planning, portfolio guidance, brokerage services, and wealth management.