Associate, Regulatory Reporting Data Analytics

Job Description:

The Role

As an Associate of Data Analytics, you will support the regulatory reporting process for Fidelity’s broker dealers and various customer channels as part of the broader Regulatory Reporting group within Fidelity Capital Markets. This group is responsible for collecting, processing, and reporting on a vast amount of trade and customer account data to meet external requirements set by industry regulators (FINRA, SEC, etc). The Associate of Data Analytics will assist with data analysis to support a multitude of use cases; responding to institutional customer needs, external regulator inquiries, as well as broader strategic analysis to increase efficiency within the firm’s internal reporting systems and processes. You will be collaborating with business and business partners which report across multiple assets classes with very high levels of regulatory scrutiny. It is important that the right candidate be passionate about hands-on collaboration and proactive problem-solving!

The Expertise and Skills You Bring

• Proficient with SQL, Oracle databases, Excel and other data visualization tools, as well as general data science knowledge

• Highly analytical with the ability to quickly comprehend large data sets in order to develop new processes, perform calculations, identify anomalies, and/or produce new reporting capabilities.

• Experience with trade and/or customer account data, or regulatory trade reporting (TRACE, MSRB, ACT, EBS, CAT/, Rule 605/606) a plus, but not required.

• Series 7, 63, or 24 not required but a plus.

• Analyzing trading and customer identification and account data to assist with daily operational support for regulatory reporting activities

• Performing proactive data analysis to find opportunities for improvement within our existing reporting processes

• Supporting data research and analysis to support teams responding directly to regulator and customer inquiries

• Identifying data anomalies/gaps to understand the source of outstanding reporting issues and working with product and operations teams to define solutions

• Perform and design acceptance testing as it relates to data quality for systems and applications that support regulatory reporting activity

The Team

This dynamic team is part of Fidelity’s Capital Markets group. Fidelity, through its broker dealers, is required to send significant amounts of detailed trading and customer account and identification data to various governmental and industry regulators such as FINRA, FINRA CAT, the SEC and MSRB. The Regulatory Reporting group, across several functions, is responsible for performing these duties on behalf of the broader firm. The group ensures this can be done by working closely with business partners such as Trading, Technology, Customer Support teams and Compliance/Legal. The group plays a meaningful role in ensuring the firm meets stated requirements set by industry regulators and therefore not subject to disciplinary action or fines.

Certifications:

Category:

Fidelity’s working model blends the best of working offsite with maximizing time together in person to meet associate and business needs. Currently, most hybrid roles require associates to work onsite all business days of one assigned week per four-week period (beginning in September 2024, the requirement will be two full assigned weeks).