Derivatives Contract Negotiator

Job Description:

As a critical member of FFIO (Fidelity Fund & Investment Operations), our Negotiator will provide legal support in order to help prioritize and complete various legal documentations, regulatory projects, and digital tool implementation. This will involve extensive partnership with our internal legal, compliance, and Anti-Money Laundering colleagues while translating this expertise into clear written and verbal communications with our counterparty and custodian relationships.

The Expertise and Skills You Bring

• Bachelor’s degree required
• Established track record in a position aiding legal documentation either with a JD/paralegal background or operations documentation aid for intricate trade confirmations
• Facilitate legal and regulatory readiness required for fund and client events for international markets and sophisticated products.
• Act as a liaison with banking relationships on behalf of Fidelity for documentation and regulatory adherence to ensure operational readiness.
• Provide strong communication to our business partners.
• Identify areas of process improvement to improve our processes and technology to increase our legal support.
• Experienced in maintaining strong external and internal relationships, especially with legal, operations, and investment teams
• Ability to coordinate impact of core regulations such as Dodd Frank, EMIR, FATCA, MiFID II, FINRA, etc. on derivatives and other trading markets and ensure that agreements meet such regulatory requirements
• Ability to deconstruct, analyze, and negotiate a broad range of standard legal agreements but must also be comfortable adjusting to customized documentation structures where needed
• Excellent written / verbal communication, interpersonal, and relationship management skills
• Ability to build strong relationships externally with industry partners and internally across legal, various product groups, investment services, trading operations, and other operational groups across Asset Management and FFIO
• Experience negotiating terms with counterparties, including fallback language, collateral terms, netting provisions, and termination events
• Ability to identify and escalate legal, credit, and operational risks in documentation
• Analytical and creative problem solving skills to find compromise that meets the clients’ needs while still protecting Fidelity
• Able to think out of the box and continuously strive for improvements
• Proficiency in working autonomously and balancing tasks within a fast-paced environment while handling a high volume of work
• Attention to detail and focus on work product excellence
• Ability to work independently, while also being passionate about the success of the team as a whole
• Strong understanding of legal documentation concepts, regulations, financial products, and risk management for global markets

The Team

The Global Product Documentation Negotiator will join a team within the Fidelity Fund & Investment Operations division to assist in completing agreements for intricate products. There is focus on growing a more robust legal support function for complex product documentation (including ISDA, Futures & OTC Clearing, futures give up agreements, Cleared Derivative Execution Agreements (CDEA), MSFTA, & Collateral Control Agreements (CCA).

The base salary range for this position is - 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.

Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.

Certifications:

Category:

Investment Operations