Job Description:
The Group
Fidelity Digital Asset Management [FDAM] is building an investment platform offering digital asset products and services designed to meet the growing needs of Fidelity's retail customers and intermediary and institutional clients. The Investment Implementation team is a collaborative group proficient in off-chain and on-chain market structure, trading, liquidity venues, reconciliation and risk management. The team will work closely with Research, Investment Operations, Data Science and Risk across topics such as portfolio construction, rebalancing, collateral management, technology infrastructure and automating processes.
The Role
The Digital Assets Trader will be an integral member of the FDAM team. The team manages Fidelity's digital assets offerings and product research process. The trading team is responsible for executing and maintaining the exposures necessary to express investment views set by the FDAM research team.
The Value You Deliver
- Manage the daily execution of digital asset funds and separate accounts.
- Maintain relationships with external counterparties that FDAM trades with.
- Understand the downstream process of the trading desk (i.e. accounting, settlement, reconciliation) and communicate with the operations teams supporting those processes clearly and effectively to resolve daily issues.
- Understand the legal and compliance issues that surround our trading process and the products that we trade. Have a clear grasp on how compliance matters affect trading and understand the escalation process.
- Collaborate with Research, Operations and Risk teams to build tools to be used in the trading process.
- Monitor, report and actively contribute to the trading execution quality.
The Education & Experience You Bring
- 2-4 years of experience as a trader at a sell side brokerage or asset manager.
- Ability to code and create scripts using Python/Pandas/SQL to build data-based tools and workflows to further systematize our approach to trading and risk management.
- Experience with implementation of model-based investing strategies.
- Bachelor's degree in a quantitative subject, or equivalent experience.
- Obsessive attention to detail.
- High level of intellectual curiosity.
- Deep understanding of the digital asset ecosystem is a plus.
Certifications:
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 Glassdoor Employees' Choice Award, 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-we offer a range of opportunities for learning so you can build the career you've always imagined.
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).
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, detailed in this document, 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 fidelitycareers.com.
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, or by calling 800-835-5099, prompt 2, option 3.
