Manager, Credit Risk
As a Manager within the Credit Risk organization, you will be responsible for independently assessing the creditworthiness of institutional trading counterparts of Fidelity Capital Markets (FCM) as well as monitor the credit and market exposure to these counterparts. Your role will primarily focus on the review of Hedge Funds, Broker Dealers and Registered Investment Advisors and will also include exposure on alternative assets through credit analysis on traditional and non-traditional market participants. You will perform qualitative and quantitative analysis of the financial condition of firms, including the products and markets in which a firm is engaged, investment strategy, strength of the management team and whether there is reputational risk in doing business with the counterpart. You will monitor trading line usage for assigned counterparts, proactively identify emerging risks, and escalate issues with actionable recommendations to the Vice President of Credit Risk as appropriate.
The Fidelity Institutional Credit Risk Management Team sits within the Fidelity Enterprise Risk Management organization and is part of the Credit and Counterparty Center of Excellence. The team is responsible for credit risk assessments for new and existing clients including but not limited to banks, broker / dealers, hedge funds, registered investment advisers and corporations.
The Expertise You Have
The Skills You Bring
The Value You Deliver
The base salary range for this position is $80,000-153,000 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.
Credit Risk Manager • Jersey City, NJ, US