Director, Risk

Director, Brokerage Risk

The Brokerage Risk team advises Fidelity's dynamic individual investor businesses building lifetime relationships with self-directed clients and helping them save and invest. You be responsible for advancing critical components of our risk governance program, which covers a wide array of brokerage products and services, brokerage operations, retail client services, and digital product and engineering initiatives.

The Expectations for this Role

• Advise senior leadership on operational risks and risk mitigation strategies
• Support and participate in risk governance meetings, including risk committee(s)
• Lead a team responsible for identifying, assessing, and monitoring risk
• Proactively identify, assess, and monitor operational risks and remediation action plans
• Develop and track business unit key risk indicators to monitor operational risk profiles
• Coordinate risk assessment program with other second-line-of-defense leaders and functions to optimize cross-functional effectiveness
• Collaborate with other lines of defense to identify emerging risks and opportunities
• Timely investigate incidents, determine root cause, and advise on corrective actions
• Oversee Brokerage issue management to ensure compliance with enterprise risk requirements
• Build effective working relationships with business leaders and cross-functional partners

The Expertise and Skills You Bring

Behavioral Attributes

The Team

Brokerage Risk supports the retail distribution arm of Fidelity Investments focused on enabling self-directed customers to achieve their financial goals. Brokerage Risk is a dedicated team of risk professionals who partner directly with business leaders and cross-functional partners to ensure comprehensive risk management throughout the brokerage businesses from the frontline to executive leadership. As part of this team, you will help deliver risk advisory support on major firm initiatives and new products and services that directly impact more than 18 million self-directed investors.

The base salary range for this position is $110,000-222,000 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.

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.