Job Description

MODEL RISK MANAGEMENT DIRECTOR

As a Director within Fidelity Risk s Model Governance Team, you will play an integral role in implementing Fidelity's Model Risk Management Framework and Policy. By working closely with business and technology partners across Legal, Risk, and Compliance, you will apply their skills to validate models across the Firm, implement model inventory and control standards, and verify adherence to the Model Risk Policy.

The Team

The Fidelity Enterprise Risk Management Model Governance Team is a Center of Excellence responsible for leading the Model Risk Management Program across Fidelity. We operate as a cross-functional team setting the standards for the firm in relation to model risk and model governance. Key areas of focus include model policy and procedures, model challenges, and criticality assessment. \u00A0 The Expertise You Have

• 6+ years of experience in model risk or related role (Internal Audit, Technology / Model Development or Operational Risk)
• Proficiency in Microsoft office tools
• Ability to support the Vice President implementing new initiatives

The Skills You Bring

• You prioritize tasks and manage workload across multiple projects
• You have strong analytical and technical skills, problem-solving abilities, and attention to detail
• You have strong communication and presentation skills
• You are comfortable working with all levels of management
• You work effectively when performing independent work as well as when collaborating with colleagues
• You are comfortable working on both fast-paced tactical work and longer-term strategic initiatives
• You have an exceptional sense of curiosity while prioritizing progress over perfection

The Value You Deliver

• Leading model governance projects and strategic initiatives across firm-wide business groups
• Leading and coaching a team of associates, analysts, and managers across various locations
• Performing a key role in the development and implementation of Fidelity s Model Risk Management Framework and Policy
• Supporting the Vice President with the execution of the Senior Leadership s vision for the Model Risk Program
• Ensuring thorough identification of all firm-wide models and meta-data to guarantee a standard and challenge for risk ratings
• Maintaining a comprehensive, centralized, and standardized model documentation, model inventory, and model performance KRIs
• Building deep working relationships with business partners
• Collaborating with senior leadership across the enterprise
• Being a resource for the business for model related questions and concerns

Company Overview

At Fidelity, we are focused on making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates.\u00A0We are proud of our\u00A0 diverse and inclusive \u00A0workplace where we\u00A0 respect \u00A0and value \u00A0our associates for their unique perspectives and experiences.\u00A0 For information about working at Fidelity, visit

Fidelity Investments is an equal opportunity employer.

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. \u00A0\u00A0

We offer a wide range of to meet your evolving needs and help you live your best life at work and at home. \u00A0These 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. \u00A0Note, the application window closes when the position is filled or unposted.

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients money.

Join Us

At Fidelity, you ll find endless opportunities to build a meaningful career that positively impacts peoples lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a , we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don t need a finance background to succeed at Fidelity\u2014we offer a range of opportunities for learning so you can build the career you ve always imagined. 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).

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry . Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, , and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

We invite you to Find Your Fidelity at .

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to

accommodations@fmr.com

Job Tags

Similar Jobs