Senior Manager, Risk - job 1 of 2

As the Senior Manager, Risk at Fidelity, you'll play a crucial role in providing risk management insights to business partners. Your primary responsibilities will include conducting risk assessments, aggregating and reporting on risk issues, and preparing executive presentations to communicate your findings effectively.

To qualify for the Senior Manager, Risk position at Fidelity, you should possess a bachelor's degree, preferably in finance or a related field. Additionally, strong analytical skills, an understanding of risk impact, and the ability to communicate effectively are essential to succeed in this role.

Fidelity's Risk Team, part of the Enterprise Risk Management, supports various business units by managing operational, regulatory, and financial risks. This team works closely with areas like Fidelity Labs and the Center for Applied Technology to ensure that potential risks are identified and mitigated properly.

Key skills for the Senior Manager, Risk role at Fidelity include strong analytical and critical thinking abilities, excellent verbal and written communication skills, and the capability to manage multiple projects. A collaborative mindset and a focus on building relationships with business partners are also crucial.

Fidelity adopts a hybrid working model for the Senior Manager, Risk position. This means that associates will work onsite every other week while enjoying remote work flexibility during the remaining time, allowing for a balanced work-life experience.

When conducting risk assessments, I follow a systematic approach that involves identifying potential risks, evaluating their impact, and documenting controls. I prioritize effective communication with relevant stakeholders to ensure a comprehensive understanding.

In my previous role, I identified a compliance risk that could potentially lead to significant financial penalties. I proposed a series of training sessions tailored for affected departments, which significantly reduced the likelihood of future issues.

I prefer utilizing data visualization tools like Tableau or Microsoft Power BI for creating risk reports, as they allow me to present complex data in an engaging way. For presentations, I often use Microsoft PowerPoint to communicate insights clearly.

I prioritize tasks by evaluating their potential impact and urgency. I utilize a risk matrix to categorize issues and focus on those that pose the highest threat to our business operations and strategic goals.

In reviewing compliance regulations, I focus on understanding the implications for our business model, analyzing the risks associated with non-compliance, and ensuring that our internal policies align with regulatory requirements.

I believe in facilitating open discussions to understand the different viewpoints. I would encourage team members to share their perspectives and work toward finding a consensus that aligns with our project goals.

In my previous roles, I've conducted extensive analyses of economic trends to assess their impacts on business risks. I track key indicators and report findings to guide strategic decision-making processes.

I have managed several projects at once by setting clear priorities, utilizing project management tools, and maintaining regular communication with stakeholders to keep everyone aligned and informed about progress.

I adopt a collaborative leadership style, emphasizing open communication and team empowerment. I believe that fostering an inclusive environment encourages innovation and higher morale among team members.

I stay informed on industry best practices by attending workshops, participating in relevant webinars, and reading industry reports. Networking with professionals in the field also helps me exchange insights and learn about new trends.