Senior Manager, Risk - job 2 of 2

As a Senior Manager, Risk at Fidelity, your responsibilities include conducting thorough risk assessments, providing valuable insights to business partners, and creating comprehensive reports and presentations. You'll identify risk issues and develop strategies for mitigation, ensuring compliance with industry standards and best practices. Working closely with teams across Fidelity’s Center for Applied Technology and Digital Brokerage Services, you'll help shape the risk landscape and promote proactive management of both operational and financial risks.

To qualify for the Senior Manager, Risk position at Fidelity, you need a bachelor’s degree, preferably in Finance or a related field. Strong analytical abilities and comprehension of risk impact are key, alongside outstanding verbal and written communication skills. Experience in the broker-dealer industry is beneficial, as is the capacity to manage multiple projects effectively within a fast-paced environment. A leadership mindset and the ability to collaborate with cross-functional teams are also essential.

The Senior Manager, Risk role at Fidelity requires strong analytical skills, critical thinking, and attention to detail. Proficiency in risk assessment methodologies, excellent communication capabilities, and experience in project management are crucial. Candidates must also demonstrate the ability to build collaborative relationships with business partners and a proactive approach to risk mitigation and program management.

The hybrid working model at Fidelity allows Senior Managers, Risk to enjoy the flexibility of working both onsite and offsite. While onsite work is essential to foster team collaboration and maintain our vibrant culture, offsite arrangements provide the opportunity for additional focus and productivity. Most roles in this model require being onsite every other week, supporting a balance that aligns with both personal preferences and business needs.

As a Senior Manager, Risk at Fidelity, there are abundant growth opportunities within the organization. You'll gain valuable experience managing high-level risk programs and developing strategies that impact the business. This role enables you to broaden your expertise in risk management and compliance while positioning you for future leadership roles. Fidelity promotes career development and provides resources to help associates enhance their skills and advance their careers.

When answering this question, provide specific examples of risk assessments you've conducted, detailing the methodology you followed and the outcomes. Highlight your analytical skills and how your assessments contributed to mitigating risks and improving processes within an organization.

To effectively address this question, share your approach to prioritization. Discuss your methods for assessing urgency, aligning with business goals, and managing deadlines. Providing a real-life example of how you successfully managed competing priorities will strengthen your response.

In your answer, demonstrate your awareness of current industry trends and risks, such as cyber threats, regulatory changes, or market volatility. Discuss how these risks impact organizations and how you would approach assessing and managing them in your role.

This is an opportunity to showcase your communication skills. Describe how you simplified technical jargon into clear, actionable insights. Emphasize the importance of tailoring your communication to the audience and ensuring they understand the implications of the risk issues discussed.

Share your strategies for staying informed about industry regulations and risk management best practices. Mention any professional organizations you belong to, relevant courses you pursue, and how you leverage resources such as webinars and industry publications.

Discuss qualities such as effective communication, decision-making ability, and the capacity to inspire a team. Emphasize your leadership style and how you foster a collaborative environment that encourages knowledge sharing and continuous improvement within your team.

Use this question to detail a specific strategy you've implemented, including the process you undertook to identify the risk, develop the strategy, and the results achieved. Highlight the importance of stakeholder collaboration and how your strategy added value to the organization.

Mention the tools and technologies you have experience with, such as risk assessment software, data analytics tools, or reporting platforms. Explain how these tools enhanced your risk management processes and contributed to better decision-making.

Discuss your conflict resolution approach by emphasizing open communication and compromise. Provide an example of a past conflict and explain how you navigated it while maintaining focus on the project goals and team morale.

Share personal motivators, such as the passion for problem-solving in risk management or the satisfaction of influencing meaningful decisions. Connect your motivations to the broader goals of Fidelity and how you see yourself contributing to the organization's success.